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NINE MILE METALS LTD - $VMSXF STOCK NEWS

Welcome to our dedicated page for NINE MILE METALS news (Ticker: $VMSXF), a resource for investors and traders seeking the latest updates and insights on NINE MILE METALS stock.

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.

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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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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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none
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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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none
Rhea-AI Summary
Nine Mile Metals Ltd. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) has received Final Approval of its Nine Mile Brook Lens Bulk Sample Permit from the NB Department of Mines Resource Development Branch (NB DEM). The company can now implement its Program Cost-Budget Analysis and begin scheduling the Bulk Sample Excavation Project Timelines. Nine Mile Metals must adhere to a $30,000 Reclamation Security Deposit. The permit process involved an extensive review by numerous branches of the Provincial Government and representatives of the local government. The team is pleased to receive the final approval for the bulk sample program at the high-grade Nine Mile Brook Lens, and looks forward to the next announcement for this important project for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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Rhea-AI Summary
Nine Mile Metals announces certified results for VMS mineralization at Wedge mine site, high-grade results of 19% Cu, 10.25% Pb, 30%+ Zn, 97 g/t Ag, and 2.78 g/t Au. Upcoming drill program designs completed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.76%
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Rhea-AI Sentiment
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23.97%
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-2.69%
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Rhea-AI Sentiment
End-of-Day
-2.73%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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NINE MILE METALS LTD

OTC:VMSXF

VMSXF Rankings

VMSXF Stock Data

4.33M
49.95M
28.58%
Gold
Basic Materials
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United States of America
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