Nine Mile Metals Ltd. issues a correction to its press release originally issued on January 26, 2024 announcing the activation of the Wedge Project drill program and providing an update on the California Lake Drill Target #10. The original press release stated that drilling at the California Lake Target #10 stopped on December 17th, 2023, but it should have stated the date as "December 21, 2023." The paragraph is restated as follows: The drill program at California Lake Target #10 stop on December 21, 2023, above target depth due to incident weather. The drill target is located in rolling hills west of Bathurst, N.B. and the roads (20km+) are not maintained by the N.B. Department of Transportation and Infrastructure, making access for both crew and fuel trucks extremely hazardous in bad winter weather.

The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and reviewed and approved by Gary Lohman, B.Sc., P. Geo., Director who acts as the Company's Qualified Person, and is not independent of the Company.