Nine Mile Metals Announces Certified Assays from DDH-WD-25-02 of 2.78% CUEQ over 32.10 METERS, Including 4.78% CUEQ over 11.52 Meters and 5.64% CUEQ over 6.02 Meters

Executive Summary

• Nine Mile Metals announced certified assay results for drill hole WD‑25‑02 at the Wedge Mine (Bathurst Mining Camp, NB).
• The hole intersected 32.10 m of VMS mineralization across three distinct horizons with high grades of Cu, Ag, Au and Zn, delivering a weighted overall copper equivalent (CuEq) of 2.78 %.
• Notable intercepts include a 6.52 % Cu over 1 m interval in Horizon 2 and multiple high‑grade silver–gold zones (up to 70 g/t Ag and 1.19 g/t Au).

Key Details

• Drill Hole: WD‑25‑02, collared on same pad as WD‑25‑01; azimuth 310°, dip ‑50°, total depth 203 m.
• Overall Mineralization (138.72–170.82 m, 32.10 m):
• Cu 1.53 % | Pb 0.47 % | Zn 1.81 % | Ag 14.09 g/t | Au 0.35 g/t | CuEq 2.78 %
• Horizon 1 (138.72–141.22 m, 2.50 m true width):
• Cu 3.09 % | Pb 1.02 % | Zn 4.88 % | Ag 61.57 g/t | Au 1.01 g/t | CuEq 6.95 %
• Horizon 2 (150.30–165.32 m, 15.02 m true width):
• Cu 2.14 % | Pb 0.52 % | Zn 1.00 % | Ag 11 g/t | Au 0.40 g/t | CuEq 3.19 %
• Key high‑grade interval in Horizon 2: 6.52 % Cu over 1 m (161.30–162.30 m).
• Horizon 2 sub‑interval (159.30–165.32 m, 6.02 m): Cu 4.63 % | Pb 0.27 % | Zn 0.79 % | Ag 12.5 g/t | Au 0.42 g/t | CuEq 5.64 %
• Horizon 3 (168.00–170.82 m, 2.82 m true width):

• Cu 2.91 % | Pb 0.96 % | Zn 7.13 % | Ag 36.65 g/t | Au 0.72 g/t | CuEq 6.49 %

• Assay Tables: Detailed sample‑by‑sample assays for each horizon are provided (see release).

• Pricing Assumptions for CuEq (Feb 13 2026): Cu $5.85/lb, Pb $0.87/lb, Zn $1.50/lb, Ag $77.32/oz, Au $5,041/oz; 80 % metallurgical recoveries applied.

Notable Quotes

• Mike Dufresne (Technical Team & President, Apex Geoscience): “It is quite thrilling to see the increase in Cu grades to the West… The Copper and Gold is well associated.”
• Gary Lohman (VP Exploration & Director): Emphasized multi‑element nature of VMS mineralization and outlined next steps: BHEM geophysical surveys, permitting for additional drill holes, and flexible re‑entry of all 7 capped holes.
• Patrick J. Cruickshank (CEO & Director): Highlighted the “outstanding” certified assays, strong CuEq values, and confirmed funding to advance the next drilling phase targeting deeper high‑grade zones.