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WKN: A3DD2D | ISIN: CA65443J1066 | Ticker-Symbol: KQ9
Tradegate
24.09.26 | 15:24
0,068 Euro
+5,43 % +0,004
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ACCESS Newswire
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Nine Mile Metals DDH Wd-26-14 Intersects 5.09% Cu-Eq Over 14.15m Including 6.35% Cu-Eq Over 9m and 7.45% Cu-Eq Over 6m

TORONTO, ON / ACCESS Newswire / September 24, 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-26-14, at the Wedge Mine in the Bathurst Mining Camp, New Brunswick.

WD-26-14 HIGHLIGHTS:

  • DDH WD-26-14 intersected 5.09% Cu-Eq over 14.15 m (107.35 - 121.50 m, true width), including 6.35% Cu-Eq over 9.00 m and 7.45% Cu-Eq over 6.00 m.
  • Peak sample of 8.59% Cu-Eq (3.41% Cu, 2.29% Pb, 11.30% Zn, 55 g/t Ag, 0.829 g/t Au) from 120.50 - 121.50 m.
  • Grades strengthen with depth - the six highest Cu-Eq samples all sit in the bottom 6 m of the intersection
  • Peak individual metals: 4.57% Cu, 11.30% Zn, 2.29% Pb, 62 g/t Ag and 1.355 g/t Au.
  • Eight (8) BHEM surveys commencing on perimeter holes, with results processed onsite within 24 hours, to target the second round of drilling on the depth and lateral extent of the lenses.

DDH WD-26-14 was collared in the southwest, at the edge of our drill pattern(oriented at 295°, angled -65° below horizontal), to a depth of 158 meters. Collared in graphitic sediments, the drill hole was successful, intersecting high-grade VMS mineralization between 107.35 - 121.50 meters followed by intercalated sediment and volcanics to 135.1 meters, the hole terminating in felsic volcanics. The mineralization consisted of pyritic VMS with visible chalcopyrite and local galena (Figure 1) and sphalerite (Figure 4), the assay values for Ag, Au, Cu and Zn increasing with depth.

The intersections reported are of true width.

Gary Lohman, P.Geo., VP Exploration and Director, stated, "The drill holes collared in the southwest continue to impress, with both base and precious metal grades increasing with depth. The drill holes in the southwest demonstrate the width of the mineralization and following the upcoming BHEM survey, a second round of drilling will assist in characterizing both the depth and lateral extent of the individual lenses."

TABLE 1: KEY INTERSECTIONS (WEIGHTED AVERAGE GRADE)

Lens Zone

From

(m)

To

(m)

Width

(m)

Silver

(g/t)

Gold

(g/t)

Copper

(%)

Lead

(%)

Zinc

(%)

Copper-

Eq. (%)

VMS Zone

Including

107.35

112.50

121.50

121.50

14.15

9.00

42.31

46.67

0.84

0.95

2.10

2.59

0.96

1.21

4.85

6.81

5.09

6.35

Including115.50121.506.0049.330.983.341.257.777.45

FIGURE 1: Sample #396583 (56 g/t Ag, 0.844 g/t Au, 3.01% Cu, 1.15% Pb, 8.55% Zn) 7.29% Cu-Eq


TABLE 2 · DDH WD-26-14 CERTIFIED ASSAYS - (SAMPLE BY SAMPLE)

From

(m)

To

(m)

Width

(m)

Sample #

Silver

(g/t)

Gold

(g/t)

Copper

(%)

Lead

(%)

Zinc

(%)

Copper-

Eq. (%)

105.00106.301.30396571<10.0080.010.000.020.03%
106.30107.351.0539657220.0320.070.010.120.17%
107.35108.401.05396573230.4330.870.090.161.72%
108.40109.501.10396574350.5571.290.210.142.46%
109.50110.501.00396575270.7781.070.160.132.33%
110.50111.501.00396576510.6721.331.285.124.40%
111.50112.501.00396577380.7531.640.941.703.59%
112.50113.501.00396578621.0750.812.147.255.19%
113.50114.501.00396579390.8421.110.702.683.41%
114.50115.501.00396581230.7671.330.534.753.88%
115.50116.501.00396582380.922.211.408.326.26%
116.50117.501.00396583560.8443.011.158.557.29%
117.50118.501.00396584441.3552.611.157.136.83%
118.50119.501.00396585470.8434.230.545.447.42%
119.50120.501.00396586561.0654.570.985.898.31%
120.50121.501.00396587550.8293.412.2911.308.59%
121.50122.501.0039658820.0230.080.030.280.22%
122.50123.501.0039658910.0520.070.020.080.16%
123.50125.001.5039659010.0170.030.050.480.20%
125.00126.501.5039659110.0590.130.010.070.23%
126.50128.001.50396592<10.0450.210.010.080.29%
128.00129.501.50396593<10.0120.060.000.070.10%
129.50131.001.50396594<10.0160.020.010.030.06%
131.00132.501.50396595<10.0150.020.000.050.05%
132.50134.001.50396596<10.0090.000.000.010.02%
134.00135.501.50396597<10.0190.020.020.030.05%
135.50137.001.5039659810.0330.060.030.060.13%
137.00138.501.5039659910.050.120.030.090.21%
138.50140.001.5039660120.0380.230.000.040.31%
140.00141.501.5039660210.0430.160.000.030.23%
141.50143.001.5039660310.0310.000.000.010.05%
143.00144.501.5039660410.0170.000.000.010.04%
144.50146.001.50396605<10.0160.000.000.010.03%
146.00147.501.5039660610.0240.000.000.010.04%
147.50149.001.50396607<10.0110.000.000.000.02%
149.00150.501.5039660810.0110.000.000.010.03%
150.50152.001.50396609<10.0070.000.000.010.02%
152.00153.501.5039661010.0190.000.000.010.04%

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.

FIGURE 2: Sample #396585 (47 g/t Ag, 0.843 g/t Au, 4.23% Cu, 0.54% Pb, 5.44% Zn) 7.42% Cu-Eq

Patrick J. Cruickshank, MBA, CEO & Director, stated "WD-26-14 is a spectacular traditional VMS hole, well balanced in high-grade Cu - Pb - Zn - Ag - Au. The copper and zinc were outstanding. Let us put this in perspective: 5.09% Cu-Eq over 14.15m is like 1% Cu-Eq over 72m. We need to remember that until we complete the BHEM surveys, with BHEM results processed onsite within 24 hours, we drill perpendicular to the steeply dipping lenses, so we are drilling the widths, not the vertical depths. These styles of deposits and lenses pinch and swell, and this is an example of where a lens pinches but still delivers a huge quality intercept. Once the surveys give us the picture, especially the workings above, we can attack the deposit at depth. The drill rig will be onsite for the survey in case we need to ream any holes. We are completing eight (8) BHEM surveys on a selection of perimeter holes (north, east, priority west and south base). We look forward to our next news release."

FIGURE 3: Sample #396586 (56 g/t Ag, 1.065 g/t Au, 4.57% Cu, 0.98% Pb, 5.89% Zn) 8.31% Cu-Eq

FIGURE 4: Sample #396587 (55 g/t Ag, 0.829 g/t Au, 3.41% Cu, 2.29% Pb, 11.30% Zn) 8.59% Cu-Eq

FIGURE 5: Location of DDH WD-26-14

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.

ON BEHALF OF NINE MILE METALS LTD.

Patrick J. Cruickshank, MBA
CEO & Director
T: +1.506.804.6117
E: info@ninemilemetals.com

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, (d) results will be incorporated into 3D modelling work directed toward an updated NI 43-101 technical report and a future mineral resource estimate, and (e) the Company will complete eight (8) BHEM surveys on perimeter holes to guide a second round of drilling. 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

SOURCE: Nine Mile Metals



View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/metals-and-mining/nine-mile-metals-ddh-wd-26-14-intersects-5.09-cu-eq-over-14.15m-including-6.35-cu-1226535

© 2026 ACCESS Newswire
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