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Nine Mile Metals Announces Phase 3 XRF High-Grade Results up to 26.14% Copper with 1.03% Antimony from the Upper Pre Drill Area at the Wedge Copper - Gold Project, BMC, NB

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Nine Mile Metals (OTC: VMSXF) reported Phase 3 portable XRF results from 18 ore samples at the Wedge copper‑gold project, Bathurst Mining Camp, New Brunswick on November 5, 2025. Highlights include a top XRF reading of 26.14% Cu and 1.03% Sb (sample 280461) and visible covellite in samples 280461 and 280463. Of 18 ore samples, 9 returned >=14.22% Cu. Multiple samples from the proposed Upper Zone western extension averaged high copper values (see Table 1).

All Phase 3 samples were forwarded to Actlabs (Fredericton) for certified assays of Ag and Au; the XRF program used an Olympus Vanta 50 with two standards (OREAS622, CDN-BL-10) and triplicate readings per sample. Drill targeting and technical interpretation are underway with planned Apex-designed holes to test identified lenses and depth extensions below 150 m.

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Positive

  • Peak XRF result: 26.14% Cu (sample 280461)
  • 1.03% Sb detected in sample 280461 (new to Wedge)
  • Nine of 18 ore samples returned >=14.22% Cu
  • Visible covellite identified in samples 280461 and 280463
  • Samples shipped to Actlabs for certified Ag and Au assays
  • Drill plan designed to test western extension and depth below 150 m

Negative

  • Data are preliminary XRF readings and not certified assays
  • Silver (Ag) and gold (Au) results are TBD pending Actlabs assays
  • Sample set is limited: 18 ore samples reported for Phase 3

News Market Reaction 1 Alert

+3.70% News Effect

On the day this news was published, VMSXF gained 3.70%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - November 5, 2025) - NINE MILE METALS LTD. (CSE: NINE) (OTC Pink: 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.

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Figure 1: Sample #280461 (26.14 % Cu) & 1.03 % Antimony (Sb)

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Figure 2: Sample #280463 (18.09 % Cu) 

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TABLE 1: PHASE 3 - XRF RESULTS

SAMPLE IDCu %Zn%Pb%Pb + Zn %Ag (g/t)Au (g/t)







28044716.110.080.040.12TBDTBD
28044814.220.080.050.13TBDTBD
28044910.700.140.030.17TBDTBD
28045013.280.270.060.34TBDTBD
2804515.420.190.140.32TBDTBD
2804523.640.210.220.42TBDTBD
2804530.090.000.010.02TBDTBD
2804540.540.130.090.22TBDTBD
2804550.020.000.010.01TBDTBD
28045615.540.160.060.21TBDTBD
28045714.340.090.040.13TBDTBD
2804581.590.190.320.50TBDTBD
2804590.180.030.460.49TBDTBD
28046016.050.160.060.22TBDTBD
28046126.140.410.060.47TBDTBD
28046217.570.150.070.22TBDTBD
28046318.090.240.110.35TBDTBD
28046415.590.200.070.28TBDTBD

 

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Figure 3: Sample #280462 (15.57 % Cu)

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Figure 4: Sample #280464 (15.59 % Cu)

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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."

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Figure 5: XRF Phase 3 Sampling Area

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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 Critical Minerals 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) prior to commencing the 2023 exploration drill program, the ground will be mapped at surface and representative samples analyzed to determine the base and precious metal assay values , (b) the Ag and Au values will be reported upon receipt of the certified assay results from ALS Global, and (c) our current financial raise will enable us to drill the Wedge Project (along with our Canoe Landing VMS Project and follow up exploration work on our California Lake VMS Project) this season as opposed to next year. 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.

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273227

FAQ

What copper grades did Nine Mile Metals (VMSXF) report from the November 5, 2025 Phase 3 XRF samples?

Phase 3 portable XRF returned a top reading of 26.14% Cu (sample 280461); nine of 18 ore samples recorded >=14.22% Cu.

Are the Phase 3 XRF results for VMSXF confirmed by laboratory assays?

No. All Phase 3 samples were forwarded to Actlabs in Fredericton for certified Ag and Au assays; XRF results are preliminary.

What does the presence of covellite in samples mean for the Wedge project (VMSXF)?

Visible covellite (CuS) was identified in select samples (280461, 280463) and is associated with secondary copper enrichment, which influenced the high XRF Cu readings.

Which sample showed antimony and how much was reported by XRF at the Wedge project (VMSXF)?

Sample 280461 returned 1.03% Sb by XRF, an element noted as previously uncommon at the Wedge.

Will Nine Mile Metals (VMSXF) drill based on these Phase 3 results and where?

Yes. Drill planning by Apex targets a western copper‑rich lens and depth extensions below 150 m, with several holes designed to test identified lenses.

How were the Phase 3 samples analyzed in the field for Nine Mile Metals (VMSXF)?

Field samples were analyzed with an Olympus Vanta 50 portable XRF, using two standards (OREAS622, CDN-BL-10) and three readings per sample averaged by Reflex XRF software.
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