Nine Mile samples 26.14% Cu, 1.03% Sb at Wedge project

Executive Summary

• Nine Mile Metals Ltd. released high-grade XRF results from Phase 3 pre-drill sampling at the Wedge Copper-Gold Project in the Bathurst Mining Camp, New Brunswick.
• Samples returned grades up to 26.14% Copper (Cu) and 1.03% Antimony (Sb), with visible covellite (CuS) identified in select samples, indicating secondary enrichment.
• The company is preparing for its first drill holes targeting a new western extension and depth extensions below 150 meters, with certified assays pending at Actlabs.

Key Details

• Sample Results:
  • Highest grade: Sample No. 280461 returned 26.14% Cu and 1.03% Sb.
  • High-grade concentration: 9 out of 18 ore samples returned 14.22% Cu or higher.
  • Mineralogy: Visible covellite (CuS) identified in samples No. 280461 and No. 280463, noted for its indigo blue color.
  • Additional Elements: High arsenic (As) present, associated with gold mineralization; Antimony (Sb) found in abundance for the first time at Wedge.
• Sampling Methodology:
  • 35 samples cataloged and photographed.
  • Analyzed using a portable X-ray fluorescence (XRF) instrument (Olympus Vanta 50) with Reflex XRF software.
  • Each sample analyzed in three separate locations; results averaged.
  • Calibration included standards OREAS622 and CDN-BL-10.
• Next Steps & Drilling Plan:
  • All samples shipped to Actlabs in Fredericton, N.B., for certified assays (including Ag and Au).
  • Technical interpretation by Mike Defresne (Apex Geoscience) and Nine Mile Metals technical advisory member.
  • Drill design targets two identified "Len's" lenses and the western deposit at depth.
  • Seven proposed Apex drill holes planned for the new western extension.
  • Targeting unmined portions of the deposit and depth extensions below 150 meters (historical data indicates mineralization to 300 meters).
• Project Context:
  • Location: Wedge Copper-Gold Critical Minerals Project, Bathurst Mining Camp (BMC), New Brunswick, Canada.
  • Target: Volcanogenic massive sulphide (VMS) mineralization (Cu-Pb-Zn-Ag-Au).

Notable Quotes

• "The Wedge predrill 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 per cent antimony (Sb), an element previously not found in abundance at the Wedge." — Gary Lohman, PGeo, Vice-President of Exploration, Director.