Nine Mile Metals Announces Completion of DDH WD-25-04, Confirming 40m of Mineralization at Depth

Executive Summary

• The fourth drill hole (WD‑25‑04) of the Wedge Western Extension program was completed, intersecting 40 m of copper‑bearing VMS mineralization from 158 m to ~198 m depth.
• Significant sulphide grades were encountered, including 5–8 % total sulphides with visible pyrite and chalcopyrite, and zones of 50–60 % sulphides at deeper intervals.
• The results support the company’s exploration model and provide a basis for targeting additional drill holes in the western Wedge area.

Key Details

• Hole Information: DDH‑WD‑25‑04 collared on same pad as WD‑25‑01; azimuth 335°, dip –60°, total depth 239 m.
• Mineralization Intercept: 40 m of copper‑bearing VMS mineralization, first intersect at 158 m, continuing to ~198 m.
• Copper Sulphides: Presence of covellite (CuS) and bornite (Cu₅FeS₄) throughout the intercept.
• Sulphide Zones:
• 162‑183 m – sheared silicified rhyolite with 5–8 % total sulphides (pyrite, chalcopyrite).
• ~183 m onward – sulphide volume increases to 50–60 %, visible pyrite and chalcopyrite in both banded and disseminated forms.
• Geological Context: Sulphide mineralization occurs within silicified volcanics; brecciated base transitions into sedimentary units.
• Sampling: 57 core samples taken for Base and Precious Metals analysis (including antimony) and shipped to ALS Global for rush processing.
• Qualified Person: Gary Lohman, B.Sc., PGO., VP Exploration & Director, reviewed and approved technical information per NI 43‑101.

Notable Quotes

“Drilling continues to intersect massive to semi‑massive copper bearing mineralization in the western portion of the Wedge… The presence of Covellite +/- Bornite confirms the presence of a significant Cu bearing system.” – Gary Lohman, VP Exploration & Director

“Our drill program successes continue with this 40 m intersect of mineralization… Our financial strength should allow us to have a lengthy program this year… reducing dilution risk for our shareholders.” – Patrick J. Cruickshank, CEO & Director