Nine Mile Metals Ltd. (CSE: NINE | OTCID: VMSXF | FSE: KQ9) has released certified assay results for drill hole DDH WD-26-11 at its Wedge Mine in the Bathurst Mining Camp, New Brunswick, intersecting two distinct high-grade VMS zones over a combined 27.6 metres. The results include 3.27% copper-equivalent over 9.30 metres in the Upper Zone and 3.08% copper-equivalent over 10.70 metres in the Lower Zone, with a best sub-interval of 4.30% copper-equivalent over 5.0 metres. Investors may be watching the announcement closely as it adds polymetallic depth — particularly silver and gold — to the company's growing picture of the Wedge deposit.

Key Points

  • Nine Mile Metals Ltd. (CSE: NINE | OTCID: VMSXF | FSE: KQ9)
  • DDH WD-26-11 intersected two separate high-grade VMS lenses at the Wedge Mine, Bathurst Mining Camp, New Brunswick
  • Best intervals: 3.27% CuEq over 9.30m (Upper Zone), 3.08% CuEq over 10.70m and 4.30% CuEq over 5.0m (Lower Zone); peak sample 396531 returned 5.68% CuEq including 87 g/t Ag, 0.805 g/t Au, 4.33% Pb, and 6.75% Zn
  • Investors should watch for upcoming BHEM borehole survey results and further drill assays as the 10,000-metre program continues

Two Distinct VMS Lenses Defined at the Wedge Mine

Drill hole WD-26-11 was collared to a depth of 149 metres, oriented at 355° and angled -50° below horizontal, at the southwest edge of the company's drill pattern. The Upper Zone, intersected between 89.90 and 103.40 metres, is characterised by copper-dominant mineralogy including pyrite, chalcopyrite, covellite, and bornite, interrupted by an interpreted exploration drift void of 3.70 metres. The Lower Zone, from 110.50 to 121.20 metres, exhibits fine-grained pyrite and chalcopyrite alongside galena and sphalerite, with markedly elevated silver and gold values. All intervals reported are of true width.

Silver and Gold Emerge as Significant Contributors in the Lower Zone

The Lower Zone's polymetallic character is highlighted by individual sample results reaching 117 g/t silver and 0.805 g/t gold. Peak sample 396531 returned 5.68% copper-equivalent, combining 87 g/t Ag, 0.85 g/t Au, 1.06% Cu, 4.33% Pb, and 6.75% Zn. Copper-equivalent grades were calculated using August 26, 2026 Kitco pricing and a uniform 95% metallurgical recovery assumption across all metals; the company notes these figures are for comparative purposes only and do not represent recoverable metal. The disclosure suggests the deposit may carry greater precious-metals content than earlier drilling indicated.

BHEM Survey and Drilling Progress at Wedge VMS Project

The company states its Borehole Electromagnetic (BHEM) survey team is expected to arrive within two weeks to commence an 8-borehole survey program intended to map the eastern, southern, and western extensions of the deposit, as well as test depth below the fault zone. As of the announcement date, Nine Mile has completed 18 drill holes totalling 4,934.50 metres of its planned 10,000-metre program. Assay samples continue to be submitted to ALS Global in Moncton, an independent laboratory, with additional drill results pending release upon receipt.

Nine Mile Metals Engages Atrium Research for Sponsored Coverage

Separately, the company announced it has engaged Atrium Research Corporation to provide company-sponsored research services, including published reports and three recorded management interviews. Atrium will receive cash compensation of $10,200 per quarter for an 18-month term beginning September 13, 2026. The release states that Atrium and Nine Mile are arm's-length parties and that neither Atrium nor its insiders hold shares or options in the company. Technical disclosure in the announcement was reviewed and approved by Gary Lohman, B.Sc., P.Geo., VP Exploration and Director, the company's Qualified Person under NI 43-101.