The Proof Is Next Door.
Surrounds a known deposit and connects the Wedge to California Lake.
The Canoe Landing Lake West property is 10.82 Km2 in size and 10 kilometers west of Nine Mile Brook. The property is central to 9 occurrences / deposits including 3 kilometers northwest the Canoe Landing Lake Deposit (22.8 million tons) with geological reserves of 0.64% Pb, 1.82% Zn, 0.56% Cu. 0.94 oz/ton Ag and 0.034 oz/ton Au and the historic Wedge Mine which produced 1.5 million tonnes grading 2.88% Cu, 0.88 % Pb, 1.75% Zn and unspecified Ag credits.
The underlying geology is the California Lake Group, including the Spruce Lake rhyolite present at Nine Mile Brook and in the deep footwall of the Canoe Landing Lake deposit and the Boucher Brook sediments that host the deposit.
Exploration at Canoe Landing Lake West will focus on locating targets along the north trending sediments, volcanics and their contacts, the latter key to mineralization at the Wedge, California Lake, California Lake 68S, Wested (Tribag) and Lower Forty Mile Brook. This will be accomplished by utilizing Cutting Edge 3D – AI Technologies and advanced modelling. Targets will be defined and followed up on the ground with detailed prospecting and soil geochemistry.
Nine Mile owns the ground surrounding the Canoe Landing Lake Deposit — and it sits between our Wedge and California Lake projects.
across 67 claims, East and West
option exercised early, April 2024
Nine known mineral occurrences sit inside the Nine Mile claim package, on the same host stratigraphy that carries the deposit next door and mineralization elsewhere in this part of the camp.
The Canoe Landing Deposit is 100% owned by Wolfden Resources Corporation (TSXV: WLF), which describes it as one of the largest undeveloped polymetallic deposits in the Bathurst Mining Camp. Wolfden reported a maiden mineral resource estimate on 16 April 2026.
| Indicated | 3,693,000 t | 0.52 Cu | 0.57 Pb | 1.71 Zn | 32.87 Ag | 1.04 Au |
|---|---|---|---|---|---|---|
| Inferred | 17,133,000 t | 0.53 Cu | 0.61 Pb | 1.83 Zn | 33.73 Ag | 0.95 Au |
Effective date 15 February 2026 · C$100/t NSR cut-off · Source: Wolfden Resources news release, 16 April 2026, and NI 43-101 technical report filed on SEDAR+
The Canoe Landing deposit is owned by Wolfden Resources Corporation, a third party, and has never been mined. Statements characterizing the deposit are Wolfden’s own, taken from its public disclosure. It is not a Nine Mile Metals property, and Nine Mile Metals has no interest in, or rights to, that deposit or its mineral resources. The mineral resource estimate shown was prepared by and for Wolfden Resources Corporation and is presented here as adjacent-property information; the source is Wolfden’s news release dated April 16, 2026 and its NI 43-101 technical report with an effective date of February 15, 2026, filed on SEDAR+. Nine Mile’s Qualified Person has not verified this information, and mineralization on the adjacent Canoe Landing deposit is not necessarily indicative of mineralization on Nine Mile Metals’ claims. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Inferred mineral resources have a lower level of confidence than indicated mineral resources and must not be converted to mineral reserves. Indicated and inferred mineral resources are reported separately and must not be added together. Nine Mile Metals has not reported any mineral resource estimate on the Canoe Landing Lake property. Scientific and technical information on this page has been reviewed and approved by Gary Lohman, B.Sc., P.Geo., VP Exploration, the Company’s Qualified Person under National Instrument 43-101.
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WD-26-09 and WD-26-10 intervals are reported as true widths. All other widths are drilled core lengths and true widths are not yet known. Certified assay results and visual estimates from core logging are identified separately wherever they appear. Assays for the remaining Phase 3 holes are pending at ALS Global.
Copper equivalent values are for comparison only and are not directly comparable between holes; each is calculated on the metal prices and recovery assumptions disclosed in its own news release, which differ by release.
| Hole / Group | Pricing Date | Source | Recovery |
|---|---|---|---|
| 2024 Wedge holes | 13 May 2024 | — | 80% |
| WD-25-02 | 13 February 2026 | — | 80% |
| Nine Mile Brook bulk sample | 27 February 2026 | — | 80% |
| WD-25-2B | 1 April 2026 | — | 80% |
| WD-26-09 | 11 August 2026 | Bloomberg | 95% |
| WD-26-07 | 15 August 2026 | Bloomberg | 95% |
| WD-26-10 | 26 August 2026 | Kitco | 95% |
Cominco production figures for the Wedge — approximately 1.5 Mt at 2.88% Cu, mined 1962–1968 — are historical, are sourced to McCutcheon et al. (2005), predate National Instrument 43-101, have not been verified by a Qualified Person, and are not current mineral resources or mineral reserves. Historic camp production tonnages and grades are sourced to McCutcheon, S.R. and Walker, J.A. (2020), Geoscience Canada, v.47(3), Table 1, published by the Geological Association of Canada.
No mineral resource or mineral reserve has been estimated on any Nine Mile Metals property to date. A mineral resource estimate for the Wedge is in progress; there is no assurance that it will be completed or that it will support a mineral resource. Geophysical targets shown are conceptual, are derived from modelling, and are not mineral resources.
Samples are analyzed by ALS Global, Moncton, New Brunswick, an accredited laboratory independent of the Company. Base metals by ME-ICP61a four-acid digestion with ICP-AES; gold by fire assay Au-AA23 with AA finish; overlimit gold by gravimetric analysis and overlimit base metals by OG62. ALS runs its own QA/QC protocols including coarse and pulp duplicates. The Company inserts certified reference materials, duplicates and blanks with review of all results; QA/QC and data validation were performed and no material errors were observed.
The scientific and technical information in this presentation has been reviewed and approved by Gary Lohman, B.Sc., P.Geo., VP Exploration and Director, the Company’s Qualified Person under National Instrument 43-101. Mr. Lohman is not independent of the Company. The Qualified Person has verified the data underlying the technical information in this presentation, including sampling, analytical and test data.
References to the Bathurst Mining Camp as the third largest VMS camp in the world are based on published district tonnage comparisons, which rank the camp third at approximately 250 Mt. Source: Barrie, C.T. and Hannington, M.D., Classification of Volcanic-Associated Massive Sulfide Deposits Based on Host-Rock Composition, Reviews in Economic Geology. That comparison excludes districts in China and the former Soviet Union.
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