Nine Mile Metals Ltd. announces that it has completed the exercise and acquisition of 100% of California Lake, Canoe Landing Lake East and Nine Mile Brook East mineral projects, dated April 25, 2022 . Please see our news release dated April 25, 2024. The Company now owns 100% right, title and interest in and to 12 mineral claims: California Lake , Canoe Landing Lake East ; and Nine Mile Brook area , totalling 38.94 km2 [...]
Nine Mile Metals Ltd. announces that it has exercised its option early to Purchase 100% of California Lake, Canoe Landing Lake East and Nine Mile Brook East mineral projects, dated April 25, 2022 . The Option and payments were previously announced on April 26, 2022. The Company will own 100% right, title, and interest in and to 12 mineral claims: California Lake , Canoe Landing Lake East ; and Nine Mile Brook area [...]
Nine Mile Metals Ltd. is pleased to announce it has received certified assays for drill hole WD-24-04 at the Wedge VMS Drill Target situated in the renowned Bathurst Mining Camp, New Brunswick . WD-24-01 HIGHLIGHTS: Drill hole WD-24-04 Location: Collared on the northeastern flank of the Wedge deposit, positioned approximately 40 meters east of drill hole WD-24-02. Orientation and Depth: Drilled at a 160-degree azimuth and [...]
Nine Mile Metals Ltd. is pleased to announce that it completed a non-brokered private placement for proceeds of $493,875 from the issuance of 4,675,910 units of its securities. 4,090,910 of the units are flow-through at a price of $0.11 per FT Unit, and 585,000 of the Units are non-flow-through units at a price of $0.075 per NFT Unit. Each FT Unit consists of one flow-through common share of the Company and one-half of [...]
Nine Mile Metals Ltd. announces the terms of a new flow-through and non-flow-through private placement. The FT private placement will consist of the sale of up to 4,545,454 FT Units at $0.11 each, for gross proceeds of up to $500,000. Each FT Unit will be comprised of one common share, issued on a flow-through basis and one-half Common Share purchase warrant, issued on a non-flowthrough basis . Each full FT Warrant will [...]
Nine Mile Metals Ltd. is pleased to announce that it has entered into a consulting services agreement dated April 5, 2024 with Kindred Communications Inc. to support Nine Mile's investor relations activities. The Consulting Agreement will have an initial three month term, starting on the day of this announcement, following which the parties will operate on a month-to-month basis with a 60-day cancellation notice required [...]
Nine Mile Metals Ltd. is pleased to announce it has received certified assays for drill hole WD-24-01 at the Wedge Mine Project, situated in the renowned Bathurst Mining Camp in New Brunswick. WD-24-01 HIGHLIGHTS: Drill hole WD-24-01 was collared on the southern flank of the Wedge Mine deposit within the footwall sediments and drilled at an azimuth of 330 degrees and a dip of -45 degrees to a total depth of 165 meters [...]
Nine Mile Metals is pleased to announce it has received certified assays for drill hole WD-24-02 at the Wedge Mine situated in the renowned Bathurst Mining Camp. WD-24-02 HIGHLIGHTS: Drill hole WD-24-02 confirms the presence of a new, larger mineralized system at the Wedge VMS Project, intersecting three mineralized zones spanning from 36.74m to 173.05m. This 136.31m width assays 0.44% Cu, 0.07% Pb, 0.54% Zn, 0.06 g/t Au [...]
Nine Mile Metals is pleased to announce it has drilled a mineralized zone covering 76.10 m in WD-24-04 at its initial Phase 1 drill program on its Wedge VMS Project in the world-famous Bathurst Mining Camp. WD-24-04 HIGHLIGHTS: The hole was collared on the northeast flank of the Wedge Deposit approximately 40 meters east of WD-24-02 and at an azimuth of 160 degrees and a dip of - 50 degrees to a depth of 167 meters. From [...]
Nine Mile Metals Ltd. is pleased to announce it has drilled a mineralized zone covering 134.0m in WD-24-02 at its initial Phase 1 drill program on its Wedge VMS Project in the world-famous Bathurst Mining Camp, New Brunswick . WD-24-02 HIGHLIGHTS: The hole was collared on the northeast flank of the Wedge Deposit and drilled at an azimuth of 160 degrees and a dip of - 50 degrees to a depth of 219 meters. From recently [...]
Nine Mile Metals Ltd. announces that it has completed a private placement financing for cash proceeds of $175,238 and debt forgiveness of $20,000 . The Company issued 3,253,968 units at a price of $0.06 each. Each unit consists of one common share and one common share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at a price of $0.10 per Common Share for a period of 24 months from the [...]
Nine Mile Metals Ltd. is pleased to announce a segment of XRF results from Hole WD-24-01, marking a significant milestone in its inaugural Phase 1 drill program on the Wedge VMS Project located within the renowned Bathurst Mining Camp in New Brunswick . Highlights: Drill hole WD-24-01 was initiated in the footwall sediments situated on the south flank of the historic mine site. It was drilled with an azimuth of 330 [...]