Nine Mile Metals Ltd. announces completion of a $1,271,000 private placement. The Company closed the final tranche and issued 1,562,500 flow-through units at a price of $0.32 per Unit, for proceeds of $500,000. Each Unit consists of one flow-through common share of the Company and one-half of one common share purchase warrant, with each Warrant [...]
Nine Mile Metals Ltd. announces completion of the second tranche of a private placement of approximately $1,200,000. The Company issued 1,875,000 flow-through units at a price of $0.32 per Unit, for proceeds of $600,000. Total proceeds of the offering are now $771,000. Each Unit consists of one flow-through common share of the Company and one-half [...]
Nine Mile Metals Ltd. is pleased to announce the XRF results for VMS target Holes CL22-12 and CL22-13 at its initial Phase 1 drill program at its California Lake VMS Project in the world-famous Bathurst Mining Camp, New Brunswick. Highlights: VMS Target Hole CL22-12 was collared approximately 75 meters northwest of discovery hole CL22-06 and [...]
Nine Mile Metals Ltd. announces completion of the first tranche of a private placement of approximately $1,200,000. The Company issued 534,375 flow-through units at a price of $0.32 per Unit, for total proceeds of $171,000. Charles MaLette, President and director of Nine Mile, invested in 300,000 Units for subscription funds of $96,000. Each Unit [...]
Nine Mile Metals Ltd. is pleased to announce the XRF results for VMS target Holes CL2208 and CL2211 at its initial Phase 1 drill program at its California Lake VMS Project in the world-famous Bathurst Mining Camp, New Brunswick. Highlights: VMS Target Hole CL2211 was a step out hole collared approximately 20 meters north of discovery hole CL2206 [...]
Nine Mile Metals Ltd. is pleased to announce it has received a full grant for its bulk sample metallurgical analysis being conducted by RPC Science & Engineering, Fredericton, New Brunswick. This grant was provided by The National Research Council of Canada Industrial Research Assistance Program . The objectives of this analytical program are to [...]
Nine Mile Metals Ltd. is pleased to announce that drilling will start on its Nine Mile Brook VMS project on Sunday, December 4, 2022. Nine Mile has secured a track mounted deep drilling rig capable of a depth of 1,000 meters from Lantech Drilling in Dieppe, NB. The drill rig is now on-site and is being prepped for the upcoming program. This is the [...]
Nine Mile Metals Ltd. is pleased to announce the XRF results for VMS target Holes CL2206 and CL2207 at its initial Phase 1 drill program at its California Lake VMS Project. Highlights: VMS Target Hole CL2206 was drilled to a depth of 89 meters intersecting 3 zones of VMS between 45.80 and 56.20 meters Sample # From To Width % Cu % Pb % Zn % Pb + Zn [...]
Nine Mile Metals Ltd. is pleased to announce that it has completed its initial stage 1 drill program at its California Lake VMS Project. The initial program comprised of 1,226 meters of diamond drilling in 13 holes on its California Lake VMS Project. There were 2 initial orientation holes, 3 holes targeting a new gold target 400m north along the [...]
Nine Mile Metals Ltd. is pleased to announce it has drilled additional VMS mineralization at its inaugural California Lake VMS project drill program, in the world-famous Bathurst Mining Camp in New Brunswick. Hole CL2207 was collared 10 meters west of Hole CL2206 and drilled from east to west, along the same azimuth at a dip of - 45 degrees to [...]
Nine Mile Metals Ltd. is pleased to announce it has drilled and confirmed a VMS system at its inaugural California Lake Project drill program, in the world-famous Bathurst Mining Camp in New Brunswick. Two orientation drill holes were collared at California Lake to intersect the geophysical trend defined by the late time conductance in the [...]
Nine Mile Metals Ltd. is pleased to announce that drilling has commenced at the Company's California Lake VMS Project utilizing track-mount drill rigs operated by Lantech Drilling. The Company originally announced the drill program on September 20, 2022. Nine Mile will announce further drilling updates over the coming weeks. [...]