Nine Mile Metals Ltd. reports mineral exploration developments for volcanogenic massive sulphide, or VMS, targets in the Bathurst Mining Camp of New Brunswick, Canada. The company focuses on copper, lead, zinc, silver and gold mineralization across the Wedge VMS Project, Nine Mile Brook VMS Project, California Lake VMS Project and Canoe Landing Lake East-West VMS Project.
Company news commonly covers drill program summaries, certified assay results, copper-equivalent mineralization intervals, geological modeling, borehole electromagnetic surveying and metallurgical or bulk-sample work. Technical releases reference Canadian NI 43-101 mineral project disclosure standards and describe exploration activity tied to critical minerals used in electric-vehicle and green-technology supply chains.
Nine Mile Metals (VMSXF) reported drill-hole WD-26-12 assay results showing two mineralized zones at its Wedge Mine in New Brunswick. Reported intervals include 3.33% copper equivalent over 12.0 metres, including 4.40% over 7.0 metres with 8.35% zinc. A one-metre sample returned 8.40% copper equivalent and 17.05% zinc. Copper equivalent combines five metals into a comparable grade.
The zones were separated by a 2.90-metre void; the intersections are true widths. Copper-equivalent grades assume 95% recovery for every metal and do not represent recoverable metal. Downhole electromagnetic surveys have begun following a delay. Nine Mile anticipates expanding Wedge tonnage through further drilling and is concentrating on technical-report and mineral-resource-estimate work. Metallurgical analysis is complete, with the final SGS Lakefield report expected imminently.
Nine Mile Metals (VMSXF) reported drill-hole assays intersecting a mineralized lens at its Wedge project in New Brunswick.
Hole WD-26-18 returned 7.13% copper equivalent over 11.65 meters, including 9.93% over 6.70 meters and 10.46% over 4.80 meters. Copper equivalent combines copper, lead, zinc, silver and gold into a comparable grade. The reported intersections are true widths. The 6.70-meter interval contained silver grades of 71 to 136 grams per tonne and gold grades of 1.16 to 2.40 grams per tonne. An upper copper stringer zone, consisting of mineralized veins, returned 0.40% copper equivalent over 31.50 meters.
The company said the hole extends the mineralized footprint along the eastern edge of its drill pattern. Borehole electromagnetic surveying is scheduled, with follow-up drilling planned to test the lens along its length and at depth.
Nine Mile Metals (VMSXF) reported two mineralized zones in Wedge drill hole WD-26-15 and acquired additional Nine Mile Brook claims. The first intersection returned 4.88% copper equivalent over 7.60 metres, from 114.50 to 122.10 metres; the second returned 2.89% over 1.20 metres, from 128.60 to 129.80 metres. Both intersections are reported as true widths. Copper equivalent combines five metals into a comparable grade, not recoverable metal.
The acquired Nine Mile Brook East and Muddy Lake South blocks cover 14.42 km², expanding Nine Mile Brook to 59.50 km². The company plans Phase 2 exploration there for May 2027. At Wedge, eight planned borehole electromagnetic surveys will guide the second drilling phase, including the western flank. Six holes have been reported from the 10,000-metre program, with approximately 11 additional holes from its first half still to report.
Nine Mile Metals (VMSXF) commenced trading on the OTCQB Venture Market under its existing U.S. symbol, effective October 7, 2026. The common shares were approved for an upgrade from the OTCID Market, where trading initially began in June 2026.
The company intends the upgrade to broaden its visibility and accessibility to U.S. investors as part of its investor outreach strategy. Shares will continue trading on the Canadian Securities Exchange as NINE and the Frankfurt Stock Exchange as KQ9. Existing shareholders do not need to take any action.
Nine Mile Metals (VMSXF) has mobilized its second drill rig to Tribag-West Wedge to test electromagnetic targets while Wedge Mine drilling continues. The company expects drilling to begin at Tribag in the coming days as part of its 10,000-metre 2026 program in New Brunswick.
Seven modelled conductor plates are associated with the Tribag and West Wedge mineral occurrences along the Wedge Mine magnetic trend. Six sit at modelled depths of 300 to 450 metres; the deeper A1 plate's nature remains undetermined. Electromagnetic surveying identifies conductive targets, whose source must be established by drilling.
By September 21, 2026, Wedge Mine drilling had completed 18 holes totaling 4,934.50 metres. Eight borehole electromagnetic surveys are commencing to guide further drilling at depth and laterally. The company said rig demand delayed the second rig's arrival beyond its plan.
Nine Mile Metals (VMSXF) reported a 5.09% copper-equivalent intercept over 14.15 metres in Wedge Mine drill hole WD-26-14.
The New Brunswick intersection runs from 107.35 to 121.50 metres and is reported as true width. It includes 6.35% copper equivalent over 9.00 metres and 7.45% over 6.00 metres. Across the full interval, weighted-average grades were 2.10% copper, 4.85% zinc, 0.96% lead, 42.31 grams per tonne silver and 0.84 grams per tonne gold. The highest one-metre copper-equivalent sample graded 8.59% from 120.50 to 121.50 metres.
Copper-equivalent grades combine five metals using August 26, 2026 prices and an assumed 95% recovery for each; they do not represent recoverable metal. Nine Mile plans eight borehole electromagnetic surveys on perimeter holes to guide further drilling of the lenses at depth and laterally.
Nine Mile Metals (OTC:VMSXF) announced mobilization of an Orbit Garant YS2000 skid-mounted drill rig for a 10,000m Wedge drill program, expected onsite May 28, 2026. Phase 3 drilling will start at the Wedge Mine, then advance to TriBag and West Wedge targets, with the rig committed through December.
The program will test the western flank and depth of the deposit, focusing on a new high-grade Cu-Au-Ag lens intersected in hole WD-25-02B, including 6.00m at 3.20% CuEq and 6.84m at 5.99% CuEq. Apex Geoscience will conduct a June 1 site visit supporting potential NI 43-101 updates.
Nine Mile Metals (CSE:NINE, OTC:VMSXF, FSE:KQ9) appointed Jonathan Holmes as President and Jonathan Held as Independent Director, effective immediately. Holmes has supported corporate development and capital markets since April 2025, while Held brings 15+ years of financial and transaction experience.
The company also granted 14,550,000 incentive stock options to directors, officers, committee members and consultants at $0.08 per share, exercisable for five years with immediate vesting, marking the first option grant to management or directors since April 2024.
Nine Mile Metals (OTC: VMSXF) summarized its Fall 2025 Wedge Mine drill program (1,654m) and announced a 10,000m spring 2026 drill program targeting Wedge Mine, Tribag–West Wedge and California Lake East Target #6. Key certified assays include WD-25-02: 22.5m at 61.57 g/t Ag and 1.01 g/t Au. A new copper-rich VMS lens was identified to the west. Permits received, 3D target modelling completed, BHEM surveying planned and rigs committed for Phase 3 in June.
Nine Mile Metals (OTC: VMSXF) reported certified assays from drill hole WD-25-02B at the Wedge Mine, Bathurst Mining Camp, dated April 2, 2026. Key intercepts include 15.00 m @ 3.17% CuEq (107.00–122.00 m) and 6.84 m @ 5.99% CuEq (115.16–122.00 m).
The hole returned visible massive copper sulphides with associated Ag and Au, expanded the mineralized footprint to the west, but terminated at 122 m due to a fault and water loss. Phase 3 drilling is planned for May 2026 with BHEM surveys to help target high-grade lenses.