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.
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Nine Mile Metals Ltd. (CSE: NINE, OTCQB: VMSXF) announced a consulting agreement with Karlsson Group Limited on March 1, 2023. The three-month engagement aims to enhance brand awareness and broaden the Company’s reach in Scandinavian markets. Nine Mile will compensate Karlsson $35,884 monthly, with an option to convert to shares at a 10% discount on the 5-day VWAP. The firm focuses on Critical Minerals Exploration in New Brunswick, exploring four VMS projects, including the newly added Wedge VMS project, catering to the rising demand for copper, silver, lead, zinc, and gold driven by EV and green technologies.
Nine Mile Metals Ltd. resumes its 5,000m drill program at the high-priority ‘Hinge A’ target in the Nine Mile Brook VMS Project. The drilling is conducted by Orbit-Garant Drilling and re-enters the partially drilled Hole T05-A. This initiative follows its original announcement on January 16, 2023. The company plans to update on drilling progress in the upcoming weeks. In addition, Nine Mile has engaged Global Media One Limited for social media management and press release distribution, aiming to enhance investor engagement.