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.
Nine Mile Metals Ltd. (VMSXF) news centers on its role as a Canadian public mineral exploration company focused on volcanogenic massive sulphide (VMS) deposits in the Bathurst Mining Camp in New Brunswick, Canada. The company’s releases highlight copper-rich and polymetallic mineralization across its four VMS projects: the Wedge VMS Project, Nine Mile Brook VMS Project, California Lake VMS Project, and the Canoe Landing Lake (East–West) VMS Project.
Recent news has been dominated by detailed updates from the Wedge Project, where Nine Mile Metals reports completion of multiple drill holes in a Wedge Western Extension Drill Program and the confirmation of zones of massive copper-bearing sulphides (VMS – Cu-Pb-Zn-Ag-Au). Releases include descriptions of visible chalcopyrite, bornite and covellite in drill core, as well as tables of certified assay results and XRF data showing high-grade copper values from surface and pre-drill sampling programs.
Investors following VMSXF news can also find announcements on drill rig mobilization, exploration planning, and private placement financings that fund drilling and related exploration work on the company’s New Brunswick critical minerals projects. Technical news items describe sampling protocols, analytical methods at laboratories such as ALS Global and Actlabs, and the use of geophysical modeling and downhole geophysics to refine targets.
This news feed is useful for readers tracking how Nine Mile Metals advances its copper-focused and polymetallic VMS exploration programs, interprets new geological data, and allocates capital across its Bathurst Mining Camp projects over time.
Nine Mile Metals has announced the certified assay results for drill hole WD-24-08 at the Wedge VMS target in Bathurst Mining Camp, New Brunswick.
The drill hole intersected 1.34% Copper Equivalent (Cu-Eq) over 44 meters, including 3.73% Cu-Eq over 12 meters and 4.57% Cu-Eq over 9 meters.
The Upper Zone (37.00m - 49.00m) showcased significant mineralization with 0.95% Cu, 3.06% Pb, 4.95% Zn, 0.55 g/t Au, and 48.00 g/t Ag (3.73% Cu-Eq), highlighting 9 meters at 4.57% Cu-Eq.
The Lower Zone (75.00m - 81.00m) intersected 1.18% Cu, 0.05% Pb, 0.36% Zn, 0.09 g/t Au, and 8.00 g/t Ag (1.42% Cu-Eq).
The results support the extension of unmined ore in the eastern Wedge Deposit.
Nine Mile Metals announced the certified assay results for drill hole WD-24-08 at The Wedge VMS drill target in Bathurst Mining Camp, New Brunswick.
The highlights include a copper equivalent (Cu-Eq) of 1.34% over 44.00m, with notable sections like 3.73% Cu-Eq over 12.00m and 4.57% Cu-Eq over 9.00m.
The drill hole intersected significant mineralization, including copper, lead, zinc, gold, and silver.
The drill hole results are expected to support the expansion of The Wedge Deposit's footprint and its re-evaluation.
CEO Patrick J Cruickshank stated that the results will help plan phase 2 of the high-priority project in 2024.
Upcoming targets include California Lake Hole #10 and the Tri Bag trend.
Nine Mile Metals has released the certified assay results for drill hole WD-24-07 at the Wedge VMS Drill Target in the Bathurst Mining Camp, New Brunswick. The drill hole intersected significant base metal mineralization over 40.32 meters, showing a Copper Equivalent (Cu-Eq) of 1.65%. Notably, two zones stood out: an upper zone (15.50m) with 1.98% Cu-Eq and a lower zone (13.12m) with 2.29% Cu-Eq. The lower zone includes a 5.50m section with a Cu-Eq of 3.25%. These results indicate continued high-grade copper mineralization. The company plans to proceed with 3D modeling to better define the structural and geological controls on the mineralization.
Nine Mile Metals has engaged EarthEx Geophysical Solutions Inc. to conduct BHEM surveys at California Lake and the Wedge drill holes. The surveys aim to detect the electrical conductivity of rocks, providing valuable data for future drilling. The Company is utilizing cutting-edge technology to explore potential VMS targets and mineralization. The positive outcomes of the surveys will guide additional drilling and further exploration efforts, enhancing the Company's understanding of the geological landscape and potential resource deposits.
Nine Mile Metals has completed the exercise and acquisition of 100% of California Lake, Canoe Landing Lake East, and Nine Mile Brook East mineral projects, owning 12 mineral claims totaling 38.94 km2. The Company issued common shares and converted cash payment into shares, subject to a hold period.
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