Nine Mile Metals Shareholder Letter

NINE MILE METALS CONTINUES ITS DRILL PROGRAM AT NINE MILE BROOK PROJECT AND INCREASES ITS LAND PACKAGE BY 51.79 KMS² TO A TOTAL OF 121.97 KMS² WITH (4) STRATEGIC PROPERTY ACQUISITIONS

• Regional Land Portfolio increases to include (4) VMS Projects totaling 121.97 kms² (552 claims).
• The “New” Wedge Project acquired including the Wedge Deposit, 164 claims totaling 36.24 kms².
• California Lake Project acquires the “40 Mile Brook Property”, 30 Claims totaling 6.60 kms².
• Nine Mile Brook Project acquires the “West Nine Mile Brook property”, 29 claims totaling 6.38 kms².
• Strategic land package over the Nine Mile Synform area of the World-Famous Bathurst Mining Camp

We are extremely proud to have built our project portfolio in the most prospective area of the BMC and look forward to applying our leading-edge exploration techniques to our projects in a regional scale. Our current Nine Mile Brook drill program is progressing on schedule and we are very pleased with the Orbit Drill team and their performances. We are currently developing our 2023 program and look forward to announcing our roadmap for the season. Any time you can add value to our portfolio through high quality projects and an opportunity to re-analyze an existing deposit with a historical resource and apply our new technology to identify a trend (horizon) with new priority targets, is nothing short of exciting for our team. We are dedicated and focused on this area of the camp that is complex and under explored but we believe is the most attractive for our exploration efforts.

PDAC

Our team will be at Prospectors & Developers Association of Canada (PDAC) Conference March 5 to March 8, 2023. Our CEO Patrick Cruickshank, VP Exploration & Geologist Gary Lohman and some others from our exploration team will be present. Our schedule is as follows:

Presentation & Website

We have just updated our Investor Presentation, click here to view. The team is currently working on updating the website and hopes to have the refreshed version available soon.

Thank you for following the Nine Mile Metals story,

“Patrick J Cruickshank, MBA”
CEO and Director
T: +1.506-804-6117
E: patrick@ninemilemetals.com

About Nine Mile Metals Ltd.:

Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) 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 (4) VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.