Nine Mile Metals Announces Phase 2 XRF High-Grade Results up to 17.41% Copper from the Upcoming Drill Area at the Wedge Project, Bathurst, New Brunswick

Executive Summary

• Nine Mile Metals released X‑ray fluorescence (XRF) results from 35 surface ore samples collected in the upcoming northwestern drill area of the Wedge VMS Project, showing exceptionally high copper grades (up to 17.41 % Cu).
• Sixteen of the 35 samples returned ≥ 4 % Cu and twenty‑four returned ≥ 3 % Cu, indicating a robust, massive sulphide mineralization envelope that supports planned drill program expansion to the west and deeper extensions.
• The company will forward all samples to ALS Global for certified laboratory assays (including Au and Ag), which are expected to further enhance the project's economic potential.

Key Details

• Sample Highlights – Highest copper grades:
• Sample #280393 – 17.41 % Cu, 0.38 % Zn, 0.06 % Pb
• Sample #280397 – 10.45 % Cu, 0.15 % Zn, 0.60 % Pb
• Overall Grade Distribution – Of 35 samples:
• ≥ 4 % Cu in 16 samples
• ≥ 3 % Cu in 24 samples
• Mineralogy – Samples are > 90 % sulphide mineralization, predominantly copper‑rich with minor lead‑zinc; fine‑grained VMS texture.
• Analytical Methodology – Portable Olympus Vanta 50 kV XRF workstation (Reflex software); each sample analyzed at three locations and averaged; calibrated with standards OREAS622 & CDN‑BL‑10.
• Future Work – 7 proposed Apex drill holes targeting the western extension and depth extension (> 150 m, mineralization to ≥ 300 m).
• Quotes – Gary Lohman (VP Exploration) emphasized “exceptional copper results” and the intent to “determine both the extent and depth of the deposit,” noting potential large economic attractiveness.
• Next Steps – Samples sent to ALS Global (Moncton, NB) for certified assays; Au and Ag results pending.

Notable Quotes

“With exceptional copper results from the Phase 2 sampling, the team is excited to drill this higher‑grade section of the deposit… The economic attractiveness could be quite large at the Wedge Trend.” – Gary Lohman, P.Geo., VP Exploration, Director, Nine Mile Metals Ltd.