Also Including: 4.19% Cu-Eq over 8.30 m, 15.50m of 1.80% Zn, 24m of 1.88% Cu, 5.3m of 51.30 g/t Ag
TORONTO, ONTARIO – August 25th, 2026 – Nine Mile Metals Ltd. (CSE: NINE | OTCID: VMSXF | FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce assay results for DDH WD-26-07, at the Wedge Mine in the Bathurst Mining Camp, New Brunswick.
2.77% Cu-Eq.
over 24.00 m
Lower Zone 2 · 108.00 – 132.00 m
incl. 4.14% Cu-Eq over 9.20 m
4.19% Cu-Eq.
over 8.30 m
Best high-grade core
122.80 – 131.10 m
51.30 g/t Silver
over 5.30 m
1.65 oz/t · 122.80 – 128.10 m
peak sample 110 g/t (3.54 oz/t)
1.88% Copper
over 24.00 m
incl. 2.70% over 9.20 m
peak sample 7.90% Cu
1.80% Zinc
over 15.50 m
incl. 4.55% over 4.85 m
peak sample 7.09% Zn
DDH WD-26-07 was collared in the southwest, at the edge of our drill pattern (oriented at 325°, angled -53° below horizontal), to a depth of 224 meters and successfully intersected two (2) distinct VMS Zones consisting of sulphide lens carrying copper, lead, zinc, silver and gold, with assays increasing with depth. The Upper Zone 1 is from (80.15m – 90.00m) 9.85m. The Lower Zone 2 is from (105m – 138m) 33.0m. Combined, it represents a very good width of 42.85m total mineralization. The drill core consisted of massive pyritic VMS with locally visible chalcopyrite, sphalerite and galena. Host rocks included both felsic volcanics and sediments. The upper zone is characteristic with high grade Silver & Zinc and the Lower Zone Copper, with Silver and Gold.
TABLE 1: KEY INTERSECTIONS (WEIGHTED AVERAGE GRADE OVER EACH ZONE)
| UPPER ZONE 1 | From (m) |
To (m) |
Width (m) |
Silver (g/t) |
Gold (g/t) |
Copper (%) |
Lead (%) |
Zinc (%) |
Copper-Eq. (%) |
| Massive Sulphide Zone | 80.15 | 90.00 | 9.85 | 23.34 | 0.41 | 0.54 | 0.52 | 2.74 | 2.10 |
| Including | 80.15 | 87.50 | 7.35 | 30.39 | 0.53 | 0.67 | 0.70 | 3.56 | 2.70 |
| And including | 80.15 | 85.00 | 4.85 | 41.41 | 0.77 | 0.87 | 0.80 | 4.55 | 3.59 |
| LOWER ZONE 2 | From (m) |
To (m) |
Width (m) |
Silver (g/t) |
Gold (g/t) |
Copper (%) |
Lead (%) |
Zinc (%) |
Copper- Eq. (%) |
| Massive Sulphide Zone | 105.00 | 138.00 | 33.00 | 12.72 | 0.20 | 1.46 | 0.40 | 0.80 | 2.12 |
| Including | 108.00 | 132.00 | 24.00 | 17.10 | 0.26 | 1.88 | 0.55 | 1.09 | 2.77 |
| And including | 122.80 | 132.00 | 9.20 | 33.55 | 0.44 | 2.70 | 0.89 | 1.34 | 4.14 |
Gary Lohman, P.Geo., VP Exploration, Director stated, “This was our first hole in the southwest and it did not disappoint. With solid Cu mineralization in addition to both gold and silver, this bodes well for expanding our resource in the western portion of the Wedge. As seen in the figures below, this is classic, pyritic VMS. Except for minor banding and local glimpses of chalcopyrite, sphalerite and galena in the drill core, it is mostly non-descript and requires assaying to define its value. As seen in Table 1, there is variation in the distribution of mineralization, with Ag, Au and Zn dominant in the Upper Zone while the Lower Zone has increased Ag and Cu. This is not unusual as most systems show variability along both strike and depth. We look forward to reporting on additional drill holes from this location as we update the database for the 3D model.”
TABLE 2 · DDH WD-26-07 CERTIFIED ASSAYS – (SAMPLE BY SAMPLE)
| From (m) |
To (m) |
Width (m) |
Sample # | Silver (g/t) |
Gold (g/t) |
Copper (%) |
Lead (%) |
Zinc (%) |
Copper- Eq. (%) |
| 68.00 | 70.57 | 2.57 | 396277 | 2 | 0.06 | 0.24 | 0.02 | 0.26 | 0.32 |
| 70.57 | 72.00 | 1.43 | 396278 | <1 | 0.01 | 0.02 | 0.00 | 0.06 | 0.03 |
| 72.00 | 73.00 | 1.00 | 396279 | 39 | 0.62 | 5.05 | 0.62 | 1.51 | 6.61 |
| 73.00 | 74.50 | 1.50 | 396281 | 1 | 0.01 | 0.02 | 0.01 | 0.04 | 0.06 |
| 74.50 | 77.00 | 2.50 | 396282 | 1 | 0.05 | 0.01 | 0.01 | 0.03 | 0.08 |
| 77.00 | 79.15 | 2.15 | 396283 | 1 | 0.03 | 0.06 | 0.01 | 0.03 | 0.12 |
| 79.15 | 80.15 | 1.00 | 396284 | 1 | 0.02 | 0.09 | 0.01 | 0.03 | 0.13 |
| 80.15 | 81.00 | 0.85 | 396285 | 41 | 0.74 | 0.96 | 0.87 | 5.87 | 3.90 |
| 81.00 | 82.00 | 1.00 | 396286 | 45 | 0.73 | 0.95 | 0.67 | 3.73 | 3.36 |
| 82.00 | 83.00 | 1.00 | 396287 | 28 | 0.82 | 0.62 | 0.41 | 2.59 | 2.55 |
| 83.00 | 84.00 | 1.00 | 396288 | 65 | 0.92 | 1.32 | 1.58 | 7.09 | 5.19 |
| 84.00 | 85.00 | 1.00 | 396289 | 28 | 0.62 | 0.51 | 0.47 | 3.66 | 2.52 |
| 85.00 | 86.50 | 1.50 | 396290 | 1 | 0.02 | 0.03 | 0.02 | 0.04 | 0.07 |
| 86.50 | 87.50 | 1.00 | 396291 | 21 | 0.12 | 0.65 | 1.23 | 4.04 | 2.28 |
| 87.50 | 89.00 | 1.50 | 396292 | 1 | 0.01 | 0.03 | 0.01 | 0.03 | 0.06 |
| 89.00 | 90.00 | 1.00 | 396293 | 5 | 0.13 | 0.34 | 0.03 | 0.75 | 0.73 |
| 90.00 | 91.00 | 1.00 | 396294 | <1 | 0.03 | 0.01 | 0.01 | 0.16 | 0.04 |
| 91.00 | 92.00 | 1.00 | 396295 | 1 | 0.01 | 0.03 | 0.00 | 0.05 | 0.06 |
| 92.00 | 93.00 | 1.00 | 396296 | 1 | 0.01 | 0.06 | 0.00 | 0.06 | 0.08 |
| 93.00 | 95.00 | 2.00 | 396297 | 3 | 0.10 | 0.05 | 0.07 | 0.09 | 0.19 |
| 95.00 | 96.00 | 1.00 | 396298 | 1 | 0.04 | 0.00 | 0.00 | 0.06 | 0.05 |
| 96.00 | 97.00 | 1.00 | 396299 | 3 | 0.12 | 0.19 | 0.02 | 0.59 | 0.35 |
| 97.00 | 98.00 | 1.00 | 396301 | 1 | 0.03 | 0.10 | 0.02 | 0.07 | 0.14 |
| 98.00 | 99.00 | 1.00 | 396302 | <1 | 0.05 | 0.01 | 0.01 | 0.13 | 0.07 |
| 99.00 | 100.00 | 1.00 | 396303 | 1 | 0.04 | 0.01 | 0.01 | 0.05 | 0.06 |
| 100.00 | 101.00 | 1.00 | 396304 | 2 | 0.04 | 0.01 | 0.01 | 0.06 | 0.08 |
| 101.00 | 102.00 | 1.00 | 396305 | 1 | 0.04 | 0.01 | 0.00 | 0.03 | 0.06 |
| 102.00 | 103.00 | 1.00 | 396306 | <1 | 0.02 | 0.02 | 0.00 | 0.05 | 0.05 |
| 103.00 | 104.00 | 1.00 | 396307 | 2 | 0.03 | 0.01 | 0.01 | 0.19 | 0.07 |
| 104.00 | 105.00 | 1.00 | 396308 | 2 | 0.14 | 0.01 | 0.01 | 0.23 | 0.24 |
| 105.00 | 106.00 | 1.00 | 396309 | 1 | 0.10 | 0.27 | 0.01 | 0.10 | 0.41 |
| 106.00 | 107.00 | 1.00 | 396310 | 2 | 0.07 | 0.61 | 0.01 | 0.09 | 0.72 |
| 107.00 | 108.00 | 1.00 | 396311 | 1 | 0.04 | 0.20 | 0.00 | 0.02 | 0.25 |
| 108.00 | 109.00 | 1.00 | 396312 | 1 | 0.09 | 1.18 | 0.01 | 0.15 | 1.32 |
| 109.00 | 111.00 | 2.00 | 396313 | 1 | 0.02 | 0.15 | 0.01 | 0.04 | 0.20 |
| 111.00 | 112.00 | 1.00 | 396314 | 25 | 0.50 | 2.80 | 0.66 | 2.65 | 4.42 |
| 112.00 | 113.00 | 1.00 | 396315 | 8 | 0.14 | 7.90 | 0.17 | 0.46 | 8.29 |
| 113.00 | 114.00 | 1.00 | 396316 | 30 | 0.54 | 1.26 | 2.54 | 5.80 | 4.04 |
| 114.00 | 115.00 | 1.00 | 396317 | <1 | 0.01 | 0.02 | 0.01 | 0.02 | 0.04 |
| 115.00 | 116.00 | 1.00 | 396318 | 17 | 0.43 | 1.86 | 0.96 | 2.95 | 3.41 |
| 116.00 | 117.00 | 1.00 | 396319 | 11 | 0.25 | 2.93 | 0.67 | 1.28 | 3.74 |
| 117.00 | 118.00 | 1.00 | 396321 | <1 | 0.01 | 0.02 | 0.01 | 0.04 | 0.05 |
| 118.00 | 119.00 | 1.00 | 396322 | <1 | 0.02 | 0.02 | 0.01 | 0.04 | 0.06 |
| 119.00 | 119.80 | 0.80 | 396323 | 6 | 0.16 | 2.44 | 0.03 | 0.07 | 2.70 |
| 119.80 | 121.00 | 1.20 | 396324 | <1 | 0.03 | 0.02 | 0.01 | 0.07 | 0.07 |
| 121.00 | 122.80 | 1.80 | 396325 | <1 | 0.01 | 0.01 | 0.01 | 0.11 | 0.06 |
| 122.80 | 123.20 | 0.40 | 396326 | 36 | 0.78 | 0.91 | 1.00 | 5.88 | 3.84 |
| 123.20 | 124.10 | 0.90 | 396327 | 35 | 0.76 | 1.62 | 1.11 | 3.55 | 3.93 |
| 124.10 | 125.10 | 1.00 | 396328 | 29 | 0.57 | 2.29 | 0.95 | 0.95 | 3.63 |
| 125.10 | 126.10 | 1.00 | 396329 | 36 | 0.68 | 2.52 | 1.39 | 0.62 | 4.04 |
| 126.10 | 127.10 | 1.00 | 396330 | 110 | 0.67 | 2.11 | 0.88 | 0.62 | 4.62 |
| 127.10 | 128.10 | 1.00 | 396331 | 51 | 0.63 | 2.18 | 1.19 | 0.61 | 3.84 |
| 128.10 | 129.10 | 1.00 | 396332 | 12 | 0.30 | 2.05 | 0.54 | 0.80 | 2.80 |
| 129.10 | 130.10 | 1.00 | 396333 | 16 | 0.08 | 3.62 | 1.35 | 1.09 | 4.38 |
| 130.10 | 131.10 | 1.00 | 396334 | 7 | 0.09 | 5.87 | 0.41 | 1.18 | 6.42 |
| 131.10 | 132.00 | 0.90 | 396335 | 2 | 0.06 | 2.62 | 0.11 | 1.00 | 2.98 |
| 132.00 | 132.90 | 0.90 | 396336 | 1 | 0.04 | 0.95 | 0.01 | 0.04 | 1.02 |
| 132.90 | 133.80 | 0.90 | 396337 | 1 | 0.08 | 0.25 | 0.02 | 0.06 | 0.34 |
| 133.80 | 134.75 | 0.95 | 396338 | 2 | 0.05 | 0.17 | 0.01 | 0.02 | 0.25 |
| 134.75 | 135.75 | 1.00 | 396339 | <1 | 0.01 | 0.06 | 0.00 | 0.03 | 0.07 |
| 135.75 | 136.85 | 1.10 | 396341 | <1 | 0.01 | 0.10 | 0.00 | 0.08 | 0.12 |
| 136.85 | 138.00 | 1.15 | 396342 | <1 | 0.02 | 0.44 | 0.00 | 0.40 | 0.47 |
| 138.00 | 139.50 | 1.50 | 396343 | <1 | 0.01 | 0.03 | 0.00 | 0.03 | 0.04 |
| 184.00 | 185.40 | 1.40 | 396344 | <1 | 0.02 | 0.00 | 0.00 | 0.01 | 0.03 |
| 185.40 | 186.80 | 1.40 | 396345 | 1 | 0.03 | 0.00 | 0.00 | 0.01 | 0.04 |
| 186.80 | 188.20 | 1.40 | 396346 | <1 | 0.02 | 0.00 | 0.00 | 0.01 | 0.03 |
| 188.20 | 189.60 | 1.40 | 396347 | <1 | 0.03 | 0.00 | 0.00 | 0.02 | 0.04 |
| 189.60 | 191.00 | 1.40 | 396348 | 1 | 0.05 | 0.00 | 0.01 | 0.02 | 0.07 |
| 191.00 | 192.10 | 1.10 | 396349 | <1 | 0.02 | 0.00 | 0.00 | 0.02 | 0.02 |
| 192.10 | 193.60 | 1.50 | 396350 | <1 | 0.02 | 0.00 | 0.00 | 0.01 | 0.03 |
| 193.60 | 195.10 | 1.50 | 396351 | <1 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 |
| 195.10 | 196.50 | 1.40 | 396352 | 1 | 0.01 | 0.00 | 0.00 | 0.01 | 0.03 |
| 196.50 | 197.90 | 1.40 | 396353 | 1 | 0.02 | 0.01 | 0.00 | 0.01 | 0.04 |
| 197.90 | 199.40 | 1.50 | 396354 | 1 | 0.01 | 0.05 | 0.00 | 0.01 | 0.08 |
| 199.40 | 200.80 | 1.40 | 396355 | <1 | 0.05 | 0.03 | 0.00 | 0.01 | 0.08 |
| 200.80 | 202.00 | 1.20 | 396356 | <1 | 0.03 | 0.01 | 0.00 | 0.01 | 0.05 |
| 202.00 | 203.60 | 1.60 | 396357 | <1 | 0.01 | 0.01 | 0.00 | 0.01 | 0.02 |
| 203.60 | 205.00 | 1.40 | 396358 | 1 | 0.01 | 0.01 | 0.00 | 0.01 | 0.04 |
| 205.00 | 206.40 | 1.40 | 396359 | <1 | 0.01 | 0.01 | 0.00 | 0.01 | 0.02 |
| 206.40 | 207.80 | 1.40 | 396361 | <1 | 0.02 | 0.00 | 0.00 | 0.01 | 0.02 |
| 207.80 | 208.90 | 1.10 | 396362 | <1 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 |
Shaded rows are the peak sample for each mineral. Copper Equivalent (Cu-Eq) combines all five minerals into one comparable grade, calculated using August 15, 2026, Bloomberg pricing: US$6.63/lb Cu, US$0.84/lb Pb, US$1.74/lb Zn, US$70.35/oz Ag, US$4,671.00 /oz Au, with a uniform 95% metallurgical recovery assumed for all metals; since it is unclear which metals will be the principal products, assuming differing recoveries by metal is premature at this stage.
Patrick J Cruickshank, MBA, CEO & Director stated “another outstanding polymetallic VMS Hole, with 2 distinct strong VMS Lens Zones. As you can see in the itemized Sample Results Table this was a well-diversified mineralized section of the deposit. The overall width of this intersection characterizes this deposit getting stronger the deeper we go under the historic area previously mined. We continue to prove the deposit’s economics and larger footprint with improving higher grade results. The strength of these zones having different leading element values is a quality measure of this Polymetallic Deposit. The deposit continues to show its quality and value. These results will be included in our Live 3D Modelling headed by Mike Dufresne, President of Apex Geoscience & our Technical Team to move towards an updated 43-101 and an MRE objective. We are extremely pleased by these results and look forward to releasing our next set of results from ALS Global in Moncton.
Analysis, QAQC and Qualified Person
All samples were submitted to ALS Global in Moncton, an independent commercial laboratory, for preparation and assaying (ME-ICP61a four-acid digestion with ICP-AES; Au by fire assay Au-AA23 with AA finish; overlimit Au by gravimetric analysis and overlimit base metals by OG62). ALS runs its own QA/QC protocols including coarse and pulp duplicates. Nine Mile’s QAQC program includes regular insertion of CRM standards, duplicates and blanks with a stringent review of all results; QAQC and data validation were performed and no material errors were observed. Technical information in this news release has been prepared in accordance with NI 43-101 and reviewed and approved by Gary Lohman, B.Sc., P.Geo., VP Exploration and Director, the Company’s Qualified Person, who is not independent of the Company.
Copper Equivalent (Cu-Eq) for the drill hole samples is calculated based on August 15, 2026 Bloomberg Pricing, pricing: US$ 6.63/lb Cu, US$ 0.84/lb Pb, US$ 1.74/lb Zn, US$ 70.35/oz Ag, and US$ 4,671.00/oz Au, with 95% metallurgical recoveries assumed for all metals. Since it is unclear which metals will be the principal products, assuming different recoveries is premature at this stage. Therefore, a 95% recovery rate is justified.
About Nine Mile Metals Ltd.:
Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.
Social Media
| @NineMileMetals | |
| Nine Mile Metals | |
| @ Nine Mile Metals | |
| @NineMileMetals |
ON BEHALF OF NINE MILE METALS LTD.
“Patrick J. Cruickshank, MBA”
CEO and Director
T: +1.506-800-0581
E: [email protected]
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) our Geophysics Program will turn its focus next to the Nine Mile Brook Project and our Eastern Portfolio, (b) both Plates A and C are large, massive, strong conductors, having both the length and depth parameters for a potentially large, mineralized body consistent with example deposits throughout the BMC, and (c) we look forward to announcing our Phase 2 Advanced Geophysics results, including full interpretations and high priority targets for our Western Portfolio. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.