WD-24-05 HIGHLIGHTS: Drill hole WD-24-05 was collared on the same drill pad as drill hole WD-24-04 and drilled at an azimuth of 160 degrees and a dip of -65 degrees to a total depth of 272.00m to undercut WD-24-04.
The drill hole successfully intersected Cu, Zn, Au, and Ag mineralization between 18.35m and 119.06m.
Four distinct zones of visible sulphide mineralization were intersected, including: ZONE 1 (18.35m - 26.35m): 8.00m assaying 0.82% Cu, 0.54% Zn, 0.04g/t Au, and 3.00 g/t Ag
Cu-Eq of 1.04%. 4.00m of pyritic VMS (18.35m - 22.35m) assaying 1.20% Cu, 0.43 % Zn, 0.05 g/t Au, and 3.50 g/t Ag, with a Cu-Eq of 1.40%.
ZONE 2 (37.55m - 50.00m): 12.45m assaying 0.20% Cu, 0.15% Zn, 0.02 g/t Au, and 1.20 g/t Ag Cu-Eq of 0.27%.
ZONE 3 (87.00m - 105.00m): 18.00m assaying 0.72% Cu, 0.33% Zn, 0.03 g/t Au, 2.20 g/t Ag Cu-Eq 0.87% Cu.
Including 13.00m of pyritic VMS (88.00m - 101.00m) assaying 0.87% Cu, 0.45% Zn, 0.03 g/t Au and 2.60 g/t Ag with a Cu-Eq of 1.06% Cu.
Including 5.00 m of pyritic VMS (96.00m - 101.00m) assaying 1.2% Cu, 0.29% Zn, 0.03 g/t Au and 2.00 g/t Ag with a Cu-Eq of 1.33 % Cu.
ZONE 4 (116.17m - 119.06m) 2.89m assaying 0.19% Cu, 0.3% Pb, 1.4% Zn, 0.09 g/t Au and 7.90 g/t Ag Cu-Eq of 0.83% Cu.
'Both Drill Program Summary Compilations provide an oblique view of the 2024 drill holes, with the bright pink highlighting the continuity of the copper-dominant mineralization. We are pleased with the progress to date, especially since the drill holes are along the eastern extension identified by
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Forward-Looking Information
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as 'will,' 'may,' 'would,' 'expect,' 'intend,' 'plan,' 'seek,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'continue,' 'likely,' 'could' and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) we look forward to the BHEM survey to be conducted down WD-24-01 and will give us a very valuable look at the depth of this new mineralized area, (b) we will continue with our mandate to prove this deposit is much bigger and deeper than previously thought, (c) the upcoming additional BHEM surveys and UAV high-definition drone magnetics will clarify the Wedge deposit's structure and enhanced upside, and (d) we look forward to EarthEx and their proven technology. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.
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