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Nine Mile Metals Ltd - VMSXF STOCK NEWS

Welcome to our dedicated news page for Nine Mile Metals (Ticker: VMSXF), a resource for investors and traders seeking the latest updates and insights on Nine Mile Metals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nine Mile Metals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nine Mile Metals's position in the market.

News
Nine Mile Metals Closes Private Placement Financing
Rhea-AI Summary
Nine Mile Metals successfully closed a non-brokered private placement financing, raising $493,875 from the issuance of 4,675,910 units. The private placement included flow-through units and non-flow-through units, with each unit consisting of common shares and warrants. Finders and brokers received warrants and cash for their services. The company plans to use the proceeds for work programs on its properties and general working capital. No Related Parties participated, and all securities issued are subject to a hold period.
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Nine Mile Metals Announces Private Placement Financing
Rhea-AI Summary
Nine Mile Metals announces terms of a new flow-through and non-flow-through private placement, aiming to raise up to $600,000. The FT private placement offers up to 4,545,454 FT Units at $0.11 each, while the NFT private placement offers up to 1,333,333 NFT Units at $0.075 each. Finders may receive an 8% cash commission and 8% common share purchase warrants for introducing subscribers. The Company plans to use the proceeds for work programs on its properties and general working capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.16%
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Nine Mile Metals Announces Kindred Communication Investor Relations Consulting Agreement, Grants Stock Options, and Makes Anniversary Option Payment on California Lake Project
Rhea-AI Summary
Nine Mile Metals announces a consulting services agreement with Kindred Communications Inc. for investor relations activities, stock options grants to directors/officers/consultants, and payments under the California Lake and Canoe Landing Lake East mineral projects. The Company now has a total of 7,250,000 stock options representing 9.9% of the outstanding common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.16%
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Nine Mile Metals Announces Certified Assays of 1.37% Copper, 0.21% Lead, 0.29% Zinc, 0.36 g/t Gold, and 19.02 g/t Silver over 11.10 Meters, in Drill Hole WD-24-01, Including 2.59% Copper, 39.09 g/t Silver, and 0.69 g/t Gold over 5.18 Meters at the Wedge Mine Project
Rhea-AI Summary
Nine Mile Metals announces positive certified assays for drill hole WD-24-01 at the Wedge Mine Project, showing significant mineralization with copper, lead, zinc, gold, and silver. The company continues to explore new zones of mineralization, with promising economic potential and plans for advanced geophysics assessment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.96%
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Nine Mile Metals Announces Certified Assays of 0.44% Copper over 136.31m in Drill Hole WD-24-02, Including 1.32% Cu - 8.84 g/t Ag over 40m, at the Wedge Mine, Bathurst, New Brunswick
Rhea-AI Summary
Nine Mile Metals announces certified assays for drill hole WD-24-02 at the Wedge Mine, revealing a new, larger mineralized system with impressive copper, lead, zinc, gold, and silver grades. The Main Copper Zone assays 1.32% Cu, 0.21% Pb, 1.54% Zn, 8.8g/t Ag, and 0.164 g/t Au, showcasing significant mineralization potential. Recent acquisition of Cominco Data confirms unmined subsurface, enhancing exploration prospects for Nine Mile Metals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.97%
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CEO.CA Presents PDAC Recap: Exclusive Interviews From Mining Leaders
Rhea-AI Summary
CEO.CA Technologies Ltd., a subsidiary of EarthLabs, Inc., provides video coverage from the recent PDAC convention in Toronto, Canada. CEO.CA is a popular financial platform connecting investors globally.
Rhea-AI Impact
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End-of-Day
-2%
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Nine Mile Metals Drills 76.10 Meters of Mineralization in Drill Hole WD-24-04
Rhea-AI Summary
Nine Mile Metals Ltd. announces successful drilling results at its Wedge VMS Project in the Bathurst Mining Camp, New Brunswick. The company drilled a mineralized zone covering 76.10 meters in WD-24-04, displaying high-grade copper and zinc mineralization. The project shows potential for a significant Cu-Zn deposit extension, with impressive visual mineralization width and high-grade sections. The XRF analysis confirms the presence of massive sulphides with visible copper and zinc mineralization. Nine Mile plans to continue drilling to confirm the extension of the Wedge Mine Ore Zone in Target Area #1.
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Nine Mile Metals Drills 134.0 Meters of Mineralization in Hole WD-24-02 and Submits All Samples to ALS Global for Certified Analysis
Rhea-AI Summary
Nine Mile Metals Ltd. announces significant mineralization in WD-24-02 drill hole at Wedge VMS Project in Bathurst Mining Camp. High-grade copper and zinc with visible chalcopyrite found. XRF analysis completed, samples sent for lab analysis. Positive outlook for extending ore zone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.43%
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Nine Mile Metals Completes Private Placement Financing
Rhea-AI Summary
Nine Mile Metals Ltd. announces the completion of a private placement financing, raising $175,238 in cash proceeds and $20,000 in debt forgiveness. The Company issued 3,253,968 units at $0.06 each, comprising common shares and warrants. The funds will be used for operating expenses and general working capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.43%
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Nine Mile Metals Activates the Wedge Project Drill Program, and Provides California Lake Drill Target #10 Update, Bathurst Mining Camp, New Brunswick
Rhea-AI Summary
Nine Mile Metals Ltd. has received all necessary drill permits for its Wedge Project and has mobilized the Drill Rig onsite for its High Priority Drill Program on Targets #1 & #2. The company has closed a $1.5m flow-through private placement and raised $1,125,000 for exploration programs on the Company’s New Brunswick VMS properties. The Wedge Mine, discovered in 1956, has a historical measured resource of 545,200T and the mine produced 1.503MT grading (2.88% Cu, 0.65% Pb, 1.81% Zn, 20.6 g/t Ag) between 1962 and 1968.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.77%
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Nine Mile Metals Ltd

OTC:VMSXF

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VMSXF Stock Data

4.33M
49.95M
28.58%
Gold
Basic Materials
Link
Canada
Vancouver