Nine Mile Metals Ltd. , discloses that it will update the proposed unsecured loan financing for proceeds of up to $500,000 that it announced in the Company's news release on November 21, 2023, to an unsecured convertible loan financing . The Convertible Loan financing will be for proceeds of up to $500,000. The Convertible Loans will have a term of [...]
Nine Mile Metals Ltd. , announces its intention to complete an unsecured loan financing for proceeds of up to $500,000 for accredited investors. The Loan will have a term of 12 months from the closing , and bear interest at 12 per cent per annum, calculated and payable on the Maturity Date. In consideration for the Loan, the Company has agreed to [...]
Nine Mile Metals Ltd. , is pleased to announce that it has initiated its California Lake VMS Drill Program. Les Forages Chapais from Sussex, N.B. has been engaged to drill these high priority targets beginning with Target #10 Drillhole CL-23-10-01, as displayed in Figure 1 below. Over the past year, our geophysical technical advisors, EarthEx [...]
Nine Mile Metals Ltd. , is pleased to announce that it has received the completed "Nine Mile Brook Lens Bulk Sample Water Baseline Results and Final Report" from GEMTEC Consulting Engineers and Scientists Limited for the Nine Mile Brook Lens Bulk Sample Project and is completing the Engineering Site plan this week. GEMTEC has delivered Nine Mile [...]
Nine Mile Metals Ltd. , is pleased to announce that it has received all necessary drill permits on its Wedge Project southwest of the Brunswick #12 Mine. Lantech Drilling has been engaged to drill these high priority targets once it completes the current hole at Nine Mile Brook. The Lantech track mount rig mobilizes this upcoming Monday after a [...]
Nine Mile Metals Ltd. , is pleased to announce the engagement of GEMTEC Consulting Engineers and Scientists Limited and the completion of their site visit and baseline water, trace metals and flow sampling program for the Nine Mile Brook Lens Bulk Sample Project . GEMTEC completed the water, sediment, and flow sampling program on September 8, 2023 [...]
Nine Mile Metals Ltd. is pleased to announce the Company entered into an agreement dated September 14, 2023, with Lorena Hamilton, to acquire an additional 5.06 square kms, 23 claim units adjacent to its California Lake and Nine Mile Brook VMS Projects, in Bathurst Mining Camp, New Brunswick . This acquisition brings the total Land package in the [...]
Nine Mile Metals Ltd. is pleased to announce the Company entered into an agreement dated August 31, 2023, with Prospect Or Corp, to acquire an additional 10.78 square kms, 49 claim units adjacent to its California Lake and Nine Mile Brook VMS Projects, in Bathurst Mining Camp, New Brunswick . This acquisition solidifies complete targeted trends [...]
Nine Mile Metals Ltd. is pleased to announce that the Company has appointed Mr. Kevin Hicks to the Board of Directors. Mr. Hicks is a very successful oil and gas industry professional for 38 years in Texas and Oklahoma. Early in his career, he designed and implemented numerous groundbreaking data acquisition and control technologies. He then moved [...]
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, located in 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 [...]
Nine Mile Metals Ltd. is pleased to announce the certified results for VMS mineralization collected from the Wedge mine. 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 [...]
Nine Mile Metals Ltd. , is pleased to announce the mobilization of Lantech Drilling Ltd. track mount rig for continuation of the Company's stage 2 drill program at its flagship Nine Mile Brook VMS project in the world-famous Bathurst Mining Camp, New Brunswick . Following re-processing and technical analysis from Phase 1, refined targeting has [...]
