NINE MILE METALS LTD. (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the “Firm” or “9 Mile”) is happy to announce it has drilled a mineralized zone masking 134.0m in WD-24-02 at its preliminary Part 1 drill program on its Wedge VMS Venture within the world-famous Bathurst Mining Camp, New Brunswick (“BMC”).
WD-24-02 HIGHLIGHTS:
- The opening was collared on the northeast flank of the Wedge Deposit and drilled at an azimuth of 160 levels and a dip of – 50 levels to a depth of 219 meters.
- From not too long ago acquired Cominco Knowledge, the subsurface was not mined.
- The principle host is pyritic Volcanogenic Huge Sulphide (VMS) with seen chalcopyrite.
- Copper mineralization first seems at 39.6 meters and continued down the opening with quite a few secondary zones of VMS mineralization recognized.
- Excessive grade zinc (36.12% & 14.93%) was intersected along with copper. (see Desk 1)
- 9 Mile accomplished an XRF Evaluation of a random zone of mineralization between 157.65 – 173.05 meters (15.4 meters) consisting of bands of blended large sulphides and large sulphides (VMS) between 164.50 – 170.25 meters. (See desk #1 beneath.) Total mineralized zone of 134.0m has been pattern lower and being shipped to ALS International Labs for Licensed Lab Evaluation
- The closest Cominco holes to the east are roughly 70 meters away with Drill gap WE-12 intersecting 5.76 meters assaying 1.06% Cu,1.59% Pb and 6.91% Zn and 1.26 ounces Ag.
- We are going to proceed to Drill to the east in Goal Space #1 to substantiate new extension of the Wedge Mine Ore Zone.
Huge VMS Mineralization: Drill Gap WD-24-02
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Copper and Zinc Mineralization, Drill gap WD-24-02
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Pattern # | From (m) | To (m) | Width (m) | Cu % | Pb (%) | Zn (%) | (Pb + Zn) % | Ag (g/t) | Au (g/t) |
281627 | 157.65 | 158.50 | 0.85 | 1.48 | 0.04 | 0.40 | 0.44 | TBD | TBD |
281628 | 158.50 | 159.55 | 1.05 | 0.94 | 0.01 | 0.32 | 0.33 | TBD | TBD |
281629 | 159.55 | 160.50 | 0.95 | 4.16 | 0.02 | 0.37 | 0.39 | TBD | TBD |
281630 | 160.50 | 161.50 | 1.00 | 5.01 | 0.02 | 0.48 | 0.50 | TBD | TBD |
281631 | 161.50 | 162.50 | 1.00 | 6.63 | 0.04 | 1.06 | 1.10 | TBD | TBD |
281632 | 162.50 | 163.50 | 1.00 | 4.10 | 0.53 | 0.08 | 0.61 | TBD | TBD |
281633 | 163.50 | 164.50 | 1.00 | 2.17 | 0.05 | 0.69 | 0.74 | TBD | TBD |
281634 | 164.50 | 165.50 | 1.00 | 1.02 | 0.03 | 0.20 | 0.23 | TBD | TBD |
281635 | 165.50 | 166.50 | 1.00 | 2.76 | 0.10 | 14.93 | 15.03 | TBD | TBD |
281636 | 166.50 | 167.50 | 1.00 | 1.02 | 1.93 | 36.12 | 38.05 | TBD | TBD |
281637 | 167.50 | 168.50 | 1.00 | 1.30 | 1.89 | 8.20 | 10.09 | TBD | TBD |
281638 | 168.50 | 169.40 | 0.90 | 0.41 | 0.96 | 2.28 | 3.24 | TBD | TBD |
281639 | 169.40 | 170.25 | 0.85 | 0.95 | 0.12 | 0.12 | 0.24 | TBD | TBD |
281640 | Std | Std | Std | Std | Std | Std | Std | STD | STD |
281641 | 170.25 | 171.05 | 0.80 | 0.01 | 0.01 | 0.07 | 0.08 | TBD | TBD |
281642 | 171.05 | 172.05 | 1.00 | 2.19 | 0.73 | 1.78 | 2.51 | TBD | TBD |
281643 | 172.05 | 173.05 | 1.00 | 1.49 | 0.82 | 4.38 | 5.20 | TBD | TBD |
Whole | Ave. | 15.40 | 2.23 | 0.43 | 4.5 | 4.93 | TBD | TBD |
Desk 1: Random Part of 15.40m of Mineralized Core XRF Analyst. (157.65m – 173.05m)
Patrick J. Cruickshank, MBA, CEO & Director, said, “Gap WD-24-02 is critical for our program on the Wedge. One among our mandates was to show the Goal #1 Space extension to the historic mine. We needed to show up further new mineralized financial ore in an space that might prolong the deposit. After drill holes WD-24-01 & WD-24-02 have hit important new mineralization, we’ll proceed to focus on Goal Space #1, heading east, earlier than we check the depth of the Wedge Mine. Bear in mind, the crown pillar collapsed, all of the decrease ranges had been by no means mined and there’s full uncertainty of the remaining deposit dimension & scale. As every VMS deposit within the camp has its personal distinctive mineral make-up, this technique appears to be a Copper & Zinc wealthy ore physique, not essentially collectively, with impartial zones. We sit up for reporting our subsequent gap in our program and persevering with to show out a bigger deposit footprint than beforehand thought.”
“Drilling on this portion of the Wedge has confirmed that a big mineralized system is current on the japanese boundary with in depth copper mineralization as demonstrated by variable chalcopyrite mineralization and VMS banding from 39.00 to 173.00 (134.00 meters) in drill gap WD-24-02. Along with drilling, the historic Cominco drill information is being ready for 3D modeling. We sit up for receiving the multi-element and valuable metallic assays for the 56.29 meters from drillhole WD-24-01 and the 134.00 meters from drillhole WD-24-02 from ALS International and including that info to historic Wedge database,” commented Gary Lohman, PGO, VP Exploration & Director.
Determine 1: WD-24-01and WD-24-02 Drill Gap Areas
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Determine 2: Plan View, Drill Gap Areas
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Determine 3: VMS Mineralization / Domestically Huge Chalcopyrite
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The Firm has accomplished its XRF evaluation for the primary VMS portion of the drill gap using an Olympus Vanta 50 Moveable XRF outfitted with a 50Kv Workstation and Reflex XRF software program. The XRF course of included calibrating the machine and using three requirements within the pattern stream (OREAS 502B, OREAS 622 and CDN-BL-10 Clean) initially and finish of the analytical sequence. Most samples consisted of a 1-meter part of lower drill core, and as such, the pattern was not homogeneous. There have been fifteen Pattern Batches over 15.40 meters of mineralization. Every pattern batch had roughly 15 -21 information factors analyzed per meter. The core pattern is positioned lower face down, and the XRF gun takes a random unknown pattern of the core. The operator has no data of the laser level. The sum of the averages was divided by the variety of items, the outcomes of that are offered in Desk 1 above.
The disclosure of technical info on this information launch has been ready in accordance with Canadian regulatory necessities as set out in Nationwide Instrument 43-101 – Requirements of Disclosure for Mineral Tasks (“NI 43-101”) and reviewed and permitted by Gary Lohman, B.Sc., PGO., VP Exploration and Director who acts because the Firm’s Certified Particular person, and isn’t impartial of the Firm.
About 9 Mile Metals Ltd.:
9 Mile Metals Ltd. is a Canadian public mineral exploration firm centered on VMS (Cu, Pb, Zn, Ag and Au) exploration within the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Firm’s major enterprise goal is to discover its three VMS Tasks: 9 Mile Brook VMS Venture; California Lake VMS Venture; and the Canoe Touchdown Lake (East – West) VMS Venture. The Firm is concentrated on Vital Minerals Exploration, positioning for the increase in EV and inexperienced applied sciences requiring Copper, Silver, Lead and Zinc with a hedge with Gold.
ON BEHALF OF NINE MILE METALS LTD.
“Patrick J. Cruickshank, MBA”
CEO and Director
T: 506-804-6117
E: patrick@ninemilemetals.com
Ahead-Wanting Info:
This press launch might embrace forward-looking info inside the which means of Canadian securities laws, in regards to the enterprise of 9 Mile. Ahead-Wanting info relies on sure key expectations and assumptions made by the administration of 9 Mile. In some instances, you possibly can determine forward-looking statements by way of phrases equivalent to “will,” “might,” “would,” “count on,” “intend,” “plan,” “search,” “anticipate,” “imagine,” “estimate,” “predict,” “potential,” “proceed,” “doubtless,” “may” and variations of those phrases and comparable expressions, or the destructive of those phrases or comparable expressions. Ahead-Wanting statements on this press launch embrace that (a) we’ll proceed to Drill to the east in Goal Space #1 to substantiate new extension of the Wedge Mine Ore Zone, (b) we’ll proceed to focus on Goal Space #1, heading east, earlier than we check the depth of the Wedge Mine, (c) we needed to show up further new mineralized financial ore in an space that might prolong the Wedge deposit, (d) we sit up for receiving the multi-element and valuable metallic assays for the 56.29 meters from drillhole WD-24-01 and the 134.00 meters from drillhole WD-24-02 from ALS International and including that info to historic Wedge database, and (e) we sit up for reporting our subsequent gap in our program and persevering with to show out a bigger deposit footprint than beforehand thought. Though 9 Mile believes that the expectations and assumptions on which such forward-looking info relies are cheap, undue reliance shouldn’t be positioned on the forward-looking info as a result of 9 Mile can provide no assurance that they are going to show to be right.
The Canadian Securities Trade (CSE) has not reviewed and doesn’t settle for accountability for the adequacy or the accuracy of the contents of this launch.