Nine Mile Metals Ltd. is pleased to announce the XRF results for VMS mineralization collected from the Wedge mine site in the world-famous Bathurst Mining Camp, New Brunswick, Canada . Discovered in 1956, Cominco operated the mine between 1962 to 1968 producing 1.5 million tonnes of predominantly copper ore. Despite a long exploration and operating history, technical data regarding the mine was not required to be reported [...]
Nine Mile Metals Ltd. announces its intention to complete a private placement for proceeds of up to $250,000 . The Private Placement will consist of the sale of up to 2,500,000 units at a price of $0.10 per Unit. Each Unit will be comprised of one common share and one-half of one Common Share purchase warrant , with each Warrant entitling the holder thereof to acquire one Common Share in the capital of the Company at a [...]
Nine Mile Metals Ltd. announces completion of the first tranche of a private placement of up to $400,000 . The Company issued 1,666,667 flow-through units at a price of $0.15 per Unit, for proceeds of $250,000. Each Unit consists of one flow-through common share of the Company and one common share purchase warrant , with each Warrant entitling the holder thereof to purchase one common share at a price of $0.23 for a [...]
Nine Mile Metals Ltd. announces that it has updated the terms of its flow-through private placement. The FT private placement will consist of the sale of up to 2,666,667 FT Units at $0.15 each, for gross proceeds of up to $400,000. Each FT Unit will be comprised of one common share, issued on a flow-through basis and one Common Share purchase warrant, issued on a non-flowthrough basis . Each Warrant will entitle the [...]
Nine Mile Metals Ltd. , is pleased to announce that it has completed the first half of the Nine Mile Brook Drill Program II completing 14 holes representing 3,059 meters . The initial holes tested numerous geological and geophysical targets. Target areas included I.P. responses at Hinge A, magnetic nodes south of Hinge A, I.P. anomalies to north along the contact of the Boucher Brook sediments and felsic volcanic rocks of [...]
Nine Mile Metals Ltd. announces that it has made payments under its option to Purchase 100% of California Lake and Canoe Landing Lake East mineral projects, dated April 25, 2022 The Option and payments were previously announced on April 26, 2022. The Company has issued 333,334 common shares at a deemed price of $0.2025 per share and paid $20,000 to the vendors, in accordance with the Option. About Nine Mile Metals Ltd [...]
Nine Mile Metals Ltd. , is pleased to announce an update on its Nine Mile Brook VMS Project winter drill program. Winter drilling commenced on February 17, 2023 on the Company's Nine Mile Brook VMS Project utilizing a skid-mounted drilling rig operated by Orbit Garant Drilling Inc. based in Moncton, NB. Figure 1 - Orbit Drilling Operations on Nine Mile Brook VMS Project Orbit Garant Drilling has completed 8 holes [...]
Nine Mile Metals Ltd. , is pleased to announce that it has entered into a consulting services agreement dated March 1, 2023 with Karlsson Group Limited, doing business as Scandinavian Alliance for a period of three months. Karlsson will undertake a comprehensive European awareness campaign for the Company, including consultation, advice, heightening brand awareness, broadening the Company's reach within the Scandinavian [...]
Nine Mile Metals Ltd. , is pleased to announce that winter drilling has commenced at the Company's Nine Mile Brook VMS Project, utilizing skid-mount drill rigs operated by Orbit-Garant Drilling Inc. based in Moncton, New Brunswick. The drill program has re-entered Hole T05-A that was partially drilled prior to Holiday Winter break. The Company originally announced the drill program on January 16, 2023 and January 31 [...]
2023, Nine Mile Metals Ltd. , is pleased to announce it has entered into a Mineral Property Option Agreement dated February 9, 2023 to acquire a 100% interest in the Wedge Project from SLAM Exploration Ltd. . The Wedge Deposit was mined by Cominco and produced 1.503MT grading . The Wedge Property consists of 114 claim units covering 25 km2. The Wedge deposit was discovered by Cominco in 1957-58 after drilling an EM [...]
Nine Mile Metals Ltd. , is pleased to announce it has entered into an advisory services agreement with Oak Hill Financial Inc. to provide business and capital markets advisory services including investor relations. Nine Mile has entered into the Consulting Agreement dated February 8, 2023, at a monthly fee of $10,000 plus applicable taxes, for as long as the agreement is in effect. Oak Hill will provide investor relations [...]
Nine Mile Metals Ltd. , is pleased to announce it has purchased the "West Nine Mile Brook" Project from Windfall Geotek Inc. and further engaged their AI services to be applied to our entire Project Portfolio in the World Famous Bathurst Mining Camp ., New Brunswick Canada. West Nine Mile Brook Property , On the southern boundary of the folded, mineralized Nine Mile Synform, Identified High Priority Target Nodes similar [...]
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