Nine Mile Metals DDH WD-26-10 Intersects High Grade VMS Zone Including 31.95m of 2.52% Cu-Eq and 14.15m of 3.73% Cu-Eq
Nine Mile Metals DDH WD-26-10 Intersects
High Grade VMS Zone Including 31.95m of
2.52% Cu-Eq and 14.15m of 3.73% Cu-Eq
Also Including: 2.87% Cu-Eq over 27.25m and 4.15m of 5.16%
Cu-Eq
Toronto, Ontario--(Newsfile Corp. - August 27, 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-26-10, at the Wedge Mine in the Bathurst Mining Camp, New Brunswick.
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DDH WD-26-10
was collared in the southwest, at the edge of our drill pattern (oriented at 340°, angled -
65° below horizontal), to a depth of 224 meters and successfully intersected a 31.95m high grade VMS
Zone consisting of a sulphide lens carrying copper, lead, zinc, silver and gold, with assays increasing
with depth. The intersection assayed
2.52% Cu-Eq over 31.95m
including
27.25m of 2.87% Cu-Eq
and 14.15m of 3.73% Cu-Eq with 4.15m of 5.16% Cu-Eq
. The drill core consisted of massive pyritic
VMS with locally visible chalcopyrite, sphalerite and galena. Host rocks included both felsic volcanics
and sediments. In the upper portion of the lens, copper is dominant with assay results showing Ag, Au,
Pb and Zn increasing at depth. The intervals are of true width.
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TABLE 1:
KEY INTERSECTIONS
(WEIGHTED AVERAGE GRADE OVER EACH ZONE)
Lens Zone
From
(m)
To
(m)
Width
(m)
Silver
(g/t)
Gold
(g/t)
Copper
(%)
Lead
(%)
Zinc
(%)
Copper-
Eq. (%)
Massive Sulphide Zone
109.00
140.95
31.95
24.89
0.49
0.93
0.57
2.23
2.52
Including
123.00
137.15
14.15
38.94
0.68
0.98
1.14
4.67
3.73
And including
133.00
137.15
4.15
45.80
0.92
1.46
1.42
6.64
5.16
Gary Lohman, P.Geo., VP Exploration, Director stated, "Drilling continues to expand the
mineralized footprint in the southwest. As with DDH
WD-26-07, we see a variation in the
distribution of the mineralization, with this hole highlighting increased assay values for Ag, Au,
Pb and Zn at depth, further demonstrating the multi-element value of the Wedge."
TABLE 2 · DDH WD-26-10 CERTIFIED ASSAYS - (SAMPLE BY SAMPLE)
From
(m)
To
(m)
Width
(m)
Sample #
Silver
(g/t)
Gold
(g/t)
Copper
(%)
Lead
(%)
Zinc
(%)
Copper-
Eq. (%)
106.50
108.00
1.50
396469
1
0.01
0.01
0.01
0.05
0.05
108.00
109.00
1.00
396470
<1
0.01
0.01
0.00
0.01
0.02
109.00
109.90
0.90
396471
5
0.06
0.28
0.01
0.02
0.43
109.90
111.00
1.10
396472
25
0.33
1.65
0.08
0.06
2.39
111.00
112.00
1.00
396473
21
0.32
2.04
0.09
0.05
2.72
112.00
113.00
1.00
396474
23
0.26
1.51
0.10
0.04
2.14
113.00
114.00
1.00
396475
20
0.30
1.49
0.12
0.06
2.14
114.00
115.00
1.00
396476
17
0.43
1.27
0.11
0.05
1.99
115.00
116.00
1.00
396477
14
0.50
0.84
0.13
0.06
1.61
116.00
117.00
1.00
396478
13
0.50
0.72
0.18
0.07
1.48
117.00
118.00
1.00
396479
13
0.45
0.68
0.10
0.07
1.37
118.00
119.00
1.00
396481
10
0.51
0.83
0.09
0.09
1.55
119.00
120.00
1.00
396482
18
0.50
0.99
0.09
0.07
1.81
120.00
121.00
1.00
396483
28
0.60
1.10
0.09
0.15
2.20
121.00
122.00
1.00
396484
11
0.57
1.01
0.17
0.14
1.82
122.00
123.00
1.00
396485
14
0.58
1.00
0.29
0.46
1.98
123.00
124.00
1.00
396486
41
0.63
1.65
1.18
0.35
3.17
124.00
125.00
1.00
396487
52
0.61
1.93
0.86
1.27
3.81
125.00
126.00
1.00
396488
49
0.74
1.21
1.36
3.64
3.92
126.00
127.00
1.00
396489
70
0.85
0.89
2.12
8.94
5.62
127.00
128.00
1.00
396490
26
0.43
0.31
1.38
6.28
3.10
128.00
129.00
1.00
396491
20
0.37
0.35
0.60
3.60
2.13
129.00
130.00
1.00
396492
25
0.45
0.40
0.57
3.50
2.31
130.00
131.00
1.00
396493
32
0.57
0.33
1.09
3.35
2.49
131.00
132.00
1.00
396494
22
0.55
0.43
0.46
2.70
2.15
132.00
133.00
1.00
396495
24
0.54
0.35
0.61
4.90
2.73
133.00
134.00
1.00
396496
36
0.74
0.62
2.11
3.98
3.33
134.00
135.00
1.00
396497
36
0.98
0.41
1.42
9.19
4.74
135.00
136.00
1.00
396498
41
0.96
2.30
0.94
4.32
5.26
136.00
137.15
1.15
396499
67
0.98
2.37
1.26
8.76
7.04
137.15
138.00
0.85
396501
5
0.11
0.05
0.35
1.51
0.72
138.00
139.00
1.00
396502
4
0.05
0.05
0.14
2.12
0.78
139.00
140.00
1.00
396503
1
0.02
0.02
0.03
0.21
0.12
140.00
140.95
0.95
396504
1
0.02
0.26
0.01
0.04
0.31
140.95
141.60
0.65
396505
<1
0.01
0.06
0.00
0.07
0.09
Shaded rows are the peak sample for each mineral. Copper Equivalent (Cu-Eq) combines all five metals into one comparable grade, calculated using
August 26, 2026, Kitco pricing: US$6.52/lb. Cu, US$0.85/lb. Pb, US$1.84/lb. Zn, US$67.77/oz Ag, US$4,591.50 /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
.
Copper equivalent grades are for comparative purposes only and do not represent recoverable metal. "Largest Value
Contributor" is the metal contributing the greatest share of in-situ gross value over the interval at the metal prices as set out above.
Figure 2: Sample #396497 (36 g/t Ag, 0.98 g/t Au, 0.41% Cu, 1.42% Pb, 9.19% Zn) 4.74% Cu-Eq
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Patrick J Cruickshank, MBA, CEO & Director stated "this drill hole continues to demonstrate
the deposit's economic viability. I am very pleased to see that this hole is very strong in Silver
and Zinc. The hole also gets stronger at depth, and the Lens becomes more characteristic of
the VMS Model. Another very successful hole on our drill pattern to move towards a new 43-
101 and a MRE. Mike Dufresne and our Technical Team continue to enhance the 3D Model of
the deposit and uncover its hidden value. We look forward to our next update and release of
other drill results."
Figure 3: Sample #396498 (41 g/t Ag, 0.96 g/t Au, 2.30% Cu, 0.94% Pb, 4.32% Zn) 5.26% Cu-Eq
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Figure 4: Apex Geoscience Cross Section - DDH WD-26-10
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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.
About Nine Mile Metals Ltd.
Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Mineral
VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick.
The Company is exploring four VMS projects: Wedge, Nine Mile Brook, California Lake, and Canoe
Landing Lake (East - West), positioning for the boom in AI data centers, EV and green technologies
requiring copper, silver, lead and zinc, with a hedge with gold.
Social Media
X:
@NineMileMetals
LinkedIn:
Nine Mile Metals
Facebook:
@ Nine Mile Metals
ON BEHALF OF NINE MILE METALS LTD.
Patrick J. Cruickshank, MBA
CEO and Director
T: +1.506.804.6117
E:
This press release may include forward-looking information within the meaning of Canadian securities legislation concerning the business of Nine
Mile, based on certain key expectations and assumptions made by management, identifiable by words such as "will," "may," "would," "expect,"
"intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "could" and similar expressions. Forward-looking
statements in this press release include that (a) additional drill holes are planned for the western portion of the Wedge VMS Project as part of the
2026 drill program, (b) further certified assay results will be reported upon receipt from ALS Global, (c) the Company will advance follow-up
exploration across its BMC project portfolio, and (d) results will be incorporated into 3D modelling work directed toward an updated NI 43-101
technical report and a future mineral resource estimate. Although Nine Mile believes the expectations and assumptions on which such forward-
looking information is based are reasonable, undue reliance should not be placed on it, as Nine Mile can give no assurance they will prove 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.
The Canadian Venture Building, 82 Richmond Street East, Toronto, ON M5C 1P1
·
T: (506) 804-6117
·
www.ninemilemetals.com
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