TORONTO, ONTARIO, CANADA – Wednesday, November 5th, 2025 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce (18) Wedge Pre-Drill Phase 3 – XRF results for Volcanogenic Massive Sulphide (VMS – Cu-Pb-Zn-Ag-Au) mineralization ore samples collected from the upcoming northwestern drill area on the Wedge Copper Gold Critical Minerals Project, in the world-famous Bathurst Mining Camp, (“BMC”) New Brunswick, Canada.
Highlights:
- Hi-Grade Sample Results Up to 26.14% Cu and 1.03% Sb (Antimony) – Sample #280461
- First samples collected to date with visible covellite (CuS), a copper mineral typically found where secondary enrichment occurs in copper sulphide deposits.
- Of the 18 Ore Samples taken, 9 samples returned results of 14.22% Cu or higher with samples #280461 and #280463 (Figure 1 and 2) containing visible covellite identified by its indigo blue color and physical characteristics.
- Samples were massive, ore grade, fine-grained Copper Rich mineralization collected at the upcoming Wedge Upper Zone drill area. (7 proposed Apex Drill Holes on the new western extension.)
- All samples have been shipped to Actlabs in Fredericton, NB for certified Assays.
| SAMPLE ID | Cu % | Zn% | Pb% | Pb + Zn % | Ag (g/t) | Au (g/t) |
| 280447 | 16.11 | 0.08 | 0.04 | 0.12 | TBD | TBD |
| 280448 | 14.22 | 0.08 | 0.05 | 0.13 | TBD | TBD |
| 280449 | 10.70 | 0.14 | 0.03 | 0.17 | TBD | TBD |
| 280450 | 13.28 | 0.27 | 0.06 | 0.34 | TBD | TBD |
| 280451 | 5.42 | 0.19 | 0.14 | 0.32 | TBD | TBD |
| 280452 | 3.64 | 0.21 | 0.22 | 0.42 | TBD | TBD |
| 280453 | 0.09 | 0.00 | 0.01 | 0.02 | TBD | TBD |
| 280454 | 0.54 | 0.13 | 0.09 | 0.22 | TBD | TBD |
| 280455 | 0.02 | 0.00 | 0.01 | 0.01 | TBD | TBD |
| 280456 | 15.54 | 0.16 | 0.06 | 0.21 | TBD | TBD |
| 280457 | 14.34 | 0.09 | 0.04 | 0.13 | TBD | TBD |
| 280458 | 1.59 | 0.19 | 0.32 | 0.50 | TBD | TBD |
| 280459 | 0.18 | 0.03 | 0.46 | 0.49 | TBD | TBD |
| 280460 | 16.05 | 0.16 | 0.06 | 0.22 | TBD | TBD |
| 280461 | 26.14 | 0.41 | 0.06 | 0.47 | TBD | TBD |
| 280462 | 17.57 | 0.15 | 0.07 | 0.22 | TBD | TBD |
| 280463 | 18.09 | 0.24 | 0.11 | 0.35 | TBD | TBD |
| 280464 | 15.59 | 0.20 | 0.07 | 0.28 | TBD | TBD |
Gary Lohman, P.Geo., VP Exploration, Director, stated ”The Wedge Pre-Drill Phase 3 XRF samples continue to display exceptional copper results. In this suite of samples, the presence of Covellite (CuS) in select samples, had a direct effect on the copper grade as demonstrated by the results. The XRF results also returned 1.03% antimony (Sb), an element previously not found in abundance at the Wedge. High arsenic was present, both elements generally found associated with Au mineralization. All Phase 3 XRF sampling has been shipped to Actlabs in Fredericton NB for certified analysis including Ag and Au. With technical interpretation and drill planning by Mike Defresne at Apex Geoscience and Nine Mile Metals Technical Advisory Member, several holes are designed to test the 2 identified Len’s and the western deposit at depth. We look forward to reporting our first hole.”.
FIGURE 5: XRF PHASE 3 SAMPLING AREA:
As previously stated in our last 2 Sampling News Releases dated, September 17, 2025 and October 15, 2025, the modelling has focused on determining the geophysics identifying a new western extension and the unmined portions of the deposit with drill holes targeting a copper rich lens to the west and the unexplored depth extension below 150 meters where recent drilling and historical cross sections indicate mineralization occurring to a minimum depth of 300 meters. Continued sampling in October uncovered additional samples that demonstrate the robust nature of copper mineralization. A total of 35 samples were cataloged, photographed then analyzed with a portable X-Ray Fluorescence (XRF) instrument utilizing an Olympus Vanta 50 portable 50Kv workstation and Reflex XRF software to provide instant real time geochemical information. Each sample was analyzed in 3 separate locations and the results averaged by the Reflex XRF software. The XRF process included calibrating the machine and utilizing 2 standards in the sample stream (OREAS622, CDN-BL-10) twice during analysis. The results are presented in Table 1. The samples have been forwarded to Actlabs in Fredericton, New Brunswick for preparation with final geochemical analysis conducted in North Vancouver, British Columbia.
Qualified Person The technical content of this news release pertaining to the Wedge Project was reviewed and approved by Gary Lohman, P.Geo., a non-independent qualified person as defined by National Instrument 43-101.
About Nine Mile Metals Ltd.:
Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.
ON BEHALF OF NINE MILE METALS LTD.
“Patrick J. Cruickshank, MBA”
CEO and Director
T: 506-804-6117
E: info@ninemilemetals.com
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) our Geophysics Program will turn its focus next to the Nine Mile Brook Project and our Eastern Portfolio, (b) both Plates A and C are large, massive, strong conductors, having both the length and depth parameters for a potentially large, mineralized body consistent with example deposits throughout the BMC, and (c) we look forward to announcing our Phase 2 Advanced Geophysics results, including full interpretations and high priority targets for our Western Portfolio. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.
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