Nine Mile Metals Announces XRF Drill Results of 6.18 % Cu, 4.22 % Zn and 1.45 % Pb over 11m (Hole NM220003) on Their High-Grade Nine Mile Brook VMS Project, Bathurst Mining Camp, New Brunswick
Vancouver, British Columbia – NINE MILE METALS LTD. (CSE: NINE) (OTCQB: STVGF) (FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce the XRF results for Hole NM220003, at the Company’s initial Stage 1 drill program at its flagship Nine Mile Brook VMS Project in the world-famous Bathurst Mining Camp, New Brunswick, Canada (“BMC”).
Hole NM22003 has been logged, measured, photographed, and cut and shipped for submission to ALS Global in Moncton, New Brunswick for certified analysis. The Company has completed its XRF analysis for its 3rd hole (NM220003) utilizing an Olympus Vanta 50 portable XRF equipped with a 50Kv Workstation and Reflex XRF software. The XRF process included calibrating the machine and utilizing 4 standards in the sample stream (OREAS 522B, OREAS 622, CDN-CS-10 and CDN-BL-10 Blank) at 4-meter intervals. Each sample consisted of a 1-meter section of cut drill core and as such, the sample was not homogeneous. There were 11 Sample Batches (approx. 11m), each sample batch had approximately 24-30 data points analyzed per meter, 11 total meter sections, approximately 300 data points in this sampling. The core sample is placed cut face down, and the XRF gun takes a random unknown sample of the core. The operator has no knowledge of the laser point. The sum of the averages was divided by the number of pieces, the results of which are presented below.
Hole #3 was a vertical hole drilled to a depth of 50 meters at Target Area #1. The drill hole intersected a chalcopyrite rich copper zone mixed with pyrite and lesser sphalerite (Zn) and galena (Pb). The mineralization is classic VMS style, fine to medium grained, locally banded and some mixing with sediments and volcanics.
“Hole NM220003 continues to be a Cu rich VMS body in the Target Area #1. We are working diligently to process all the holes and submit to ALS Global Labs for certified assays. We are looking forward to receiving the Au & Ag results due to the high-grade copper and lead in the system. Next steps will be our borehole EM probe surveys along the target horizon which should identify additional mineralization along strike and depth. These types of deposits cluster and repeat in folds and EarthEX will add another important layer in our highly advanced exploration model utilizing new proprietary technology and reprocessing algorithms. We look forward to delivering more news on our Nine Mile Brook VMS Project shortly,” stated Gary Lohman, B.Sc., P.Geo., member of Technical Advisory Committee.
HOLE – NM220003 (XRF RESULTS) – 11 Continuous Meters – Sampled
| Length | Cu % | Zn % | Pb % | Ag g/t | Au g/t | |
|---|---|---|---|---|---|---|
| 683604 | 1m | 6.302 | 0.676 | 0.381 | TBD | TBD |
| 683605 | 1m | 6.378 | 0.3144 | 0.319 | TBD | TBD |
| 683606 | 1m | 7.858 | 0.3307 | 0.375 | TBD | TBD |
| 683607 | 1m | 6.477 | 6.477 | 3.058 | TBD | TBD |
| 683608 | 1m | 6.473 | 7.882 | 2.356 | TBD | TBD |
| 683609 | 1m | 3.993 | 21.455 | 3.551 | TBD | TBD |
| 683610 | 1m | 4.92 | 5.173 | 2.357 | TBD | TBD |
| 683611 | 1m | 6.876 | 3.531 | 1.541 | TBD | TBD |
| 683612 | 1m | 10.591 | 0.161 | 0.161 | TBD | TBD |
| 683613 | 1m | 6.91 | 0.046 | 1.259 | TBD | TBD |
| 683614 | 1m | 1.159 | 0.384 | 0.587 | TBD | TBD |
| Total Weighted | 11m | 6.18% | 4.22% | 1.45% | TBD | TBD |
| Average |
| XRF STANDARDS RESULTS | STD | XRF Range | |
|---|---|---|---|
| OREAS 622 – Cu | STD | 0.49% | (0.403 – 0.408 %) |
| OREAS 622 – Pb | STD | 2.11% | (1.95- 2.02 %) |
| OREAS 622 – Zn | STD | 10.24% | (8.03- 8.29 %) |
| OREAS 504B – Cu | STD | 1.11% | (1.08 – 1.10%) |
| CDN-CGS-10 – Cu | STD | 1.55% | (1.46 – 1.49 %) |
“This hole further defines our Target Area #1 body and we are currently preparing samples for shipment to EarthEX Geophysical Solutions (“EarthEX”) in Selkirk, MB for physical properties analysis, along with our borehole EM survey, which will be applied to their 3D exploration analysis model for identification of further bodies similar to this target. These types of VMS bodies cluster in strings or multiple lens’ in the BMC. This is the 3rd DDH results in our Target Area #1 VMS zone. We look forward to announcing our certified assays (including Ag & Au) results from ALS Global Labs.”
Patrick J Cruickshank, MBA, Director and member of the technical advisory committee
The anticipated date for receipt of certified assays is approximately 3 – 4 weeks. In total, 11.00m continuous drill core from DDH NM220003 were submitted. We look forward to receiving the certified assay values. The logging and cutting of core were done by Gary Lohman, B.Sc., P.Geo. (QP for Nine Mile). The XRF analysis was conducted by Patrick Cruickshank, MBA (Director and member of Technical Advisory Committee) under the supervision of G. Lohman, B.Sc., P.Geo., member of Technical Advisory Committee.
X-ray fluorescence (“XRF”) is a non-destructive analytical technique used to determine the elemental composition of materials such as drill core. XRF analyzers determine the chemistry of a sample by measuring the fluorescent (or secondary) X-ray emitted from a sample when it is excited by a primary X-ray source. It should be noted that the results only provide an indication of the amount of Cu, Pb and Zn present. Certified assaying of the core samples is still required to accurately determine the amount of base metal and precious metal mineralization (Copper-Lead-Zinc-Silver and Gold). We have displayed the XRF unit results for the standards and are listed in the tables above.
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. who acts as the Company’s Qualified Person, a member of Nine Mile’s Technical Advisory Committee, and is not independent of the Company.
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) the Company is looking forward to receiving the Au & Ag results due to the high-grade copper and lead in the system, (b) the Company’s borehole EM probe surveys along the target horizon which should identify additional mineralization along strike and depth, (c) this third drill hole further defines our Target Area #1 body and we are preparing samples for shipment to EarthEX for physical properties analysis, along with our borehole EM survey, (d) the anticipated date for receipt of certified assays is approximately 3 – 4 weeks, and (e) the XRF results only provide an indication of the amount of Cu, Pb and Zn present, and that certified assaying of the core samples is still required to accurately determine the amount of base metal and precious metal mineralization. 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.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Nine Mile Metals Receives Borehole EM Final Permit Approval and Awards Contract at Its Flagship Nine Mile Brook VMS Project, Bathurst Mining Camp, New Brunswick
Vancouver, British Columbia – NINE MILE METALS LTD. (CSE: NINE) (OTCQB: STVGF) (FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce it has received final permit approval from the NB Department of Energy & Mining for its two (2) borehole EM (“BHEM”) surveys at its recently completed stage #1 drill program at its flagship Nine Mile Brook VMS Project in Bathurst Mining Camp, New Brunswick (“BMC”). Nine Mile drilled one DDH specifically for the BHEM survey to define the Target Zone #1 VMS Body and any additional stacked, clustered, or mineralized subsurface bodies/folds in the area. The second DDH for the BHEM survey is 250m to the north (Target Zone #2) and is located along a proposed horizon just south of the California Lake Group target contact area. These DDH’s are approximately 200m+ in length and were specifically located away from the target body in order to obtain a clean, uninterfered electronic analysis of the area. They typically reach 720 degrees in all directions and with the two (2) DDH’s we expect very good coverage for an estimated 600m area.
Nine Mile has awarded the contract to Eastern Geophysics Ltd. (“Eastern”) based out of Nova Scotia, and who are the premier geophysics company in the Maritimes. Initially, Eastern will lay out a 400 x 400-meter loop then survey the boreholes with a highly advanced Crone Time Domain Pulse EM system will provide a 3D analysis along the extent of the prospective horizon, a surface distance of over 750 meters. To assist in defining the optimum survey parameters, 18 drill core samples from 3 different drill holes have been shipped to EarthEx Geophysical Solutions (“EarthEx”) in Selkirk, Manitoba for physical properties analysis including electromagnetic conductivity, electrical resistivity and chargeability, density, porosity and magnetic susceptibility. The samples submitted included both Cu and Pb/Zn mineralization in addition to samples of the country rock. EarthEx will review the data and characterize the groups properties, the samples of country rock providing the necessary contrast to the mineralized bodies facilitating target definition at Target Zone #1 and elsewhere on the property. This data will not only assist in defining the survey parameters, it will also allow for more accurate inversion and modeling. Daniel Card, President and Chief Geophysicist of EarthEx will be coordinating with Brian d’Entremont, General Manager at Eastern, to define the location of the 400 x 400-meter loop and ideal survey frequencies.
The following image taken from the Crone Geophysics website shows the wide range of conductivities that can be detected by the Crone system. VMS Style deposits will be within the High Conductivity spectrum of the analysis.
“The BHEM survey is key to defining additional subsurface mineralization in Target Zone #1 which we believe exists along the prospective horizon. The results from the survey and the physical property information will also provide ideal baseline data when exploration commences immediately to the north within the larger and highly prospective California Lake Group of rocks that crosscuts the project area, “stated Gary Lohman, B.Sc., P. Geo. who acts as the Company’s Qualified Person, a member of Nine Mile’s Technical Advisory Committee.
Eastern Geophysics expects to mobilize the week of July 11th, 2022 from their Nova Scotia location. They will complete the BHEM survey in 5-6 days and will deliver their interpretated report, images, and summary shortly thereafter.
“EarthEx Geophysical Solutions has been integral in the recommendation of Eastern Geophysics, survey design and DDH location definition and will integrate the raw survey data directly and apply their proprietary processing and interpretation, into the Nine Mile Brook VMS Project exploration model. We are proceeding with our disciplined technology centric exploration program, and this is the final piece in the phase #1 3D model which should be completed after this BHEM survey data is collected. We should have all VMS mineralized targets defined very shortly on the Nine Mile Brook VMS Project not just recently drilled Target Zones #1 & #2. This VMS project has multiple systems and many high priority defined targets. We look forward to sharing this information shortly.”
Patrick J Cruickshank, MBA – Director & member of Technical Advisory Committee
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. who acts as the Company’s Qualified Person, a member of Nine Mile’s Technical Advisory Committee, and is not independent of the Company.
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) EarthEx will review the data and characterize the groups properties from 18 drill core samples from 3 different drill holes, and that his data will not only assist in defining the survey parameters, it will also allow for more accurate inversion and modeling, (b) Daniel Card, President and Chief Geophysicist of EarthEx will be coordinating with Brian d’Entremont, General Manager at Eastern, to define the location of the 400 x 400-meter loop and ideal survey frequencies, (c) Eastern Geophysics Ltd. will lay out a 400 x 400-meter loop then survey the boreholes with a highly advanced Crone Time Domain Pulse EM system that will provide a 3D analysis along the extent of the prospective horizon, a surface distance of over 750 meters, (d) Eastern Geophysics expects to mobilize the week of July 11th, 2022, that they will complete the BHEM survey in 5-6 days and will deliver their interpretated report, images, and summary shortly thereafter, and (e) the BHEM survey is key to defining additional subsurface mineralization in Target Zone #1 which we believe exists along the prospective horizon. 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.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
About Nine Mile Metals Ltd.:
Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its three VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold.
Website: https://ninemilemetals.com
About The Nine Mile Brook Project
The Nine Mile Brook property is 25.13 km2 in size and located 10 kilometers southwest of the historic Brunswick 12 mine, one of the largest underground zinc mines in the world. Operating for 49 years, the Brunswick 12 is classified as a Supergiant, the geological reserves estimated at 335 Mt with production totaling 137 million tons grading 8.74% Zn, 3.44% Pb, 0.37% Cu, and 102 g/t Ag from 1964-2013.
At Nine Mile Brook, (3) VMS High-Grade mineral occurrences are present:
- Willett Horizon VMS occurrence North of the Lens
- High-Grade Nine Mile Brook VMS Lens
- Assays Certified to (38.18% (Pb-Zn) 7.527% (Cu) 14.5 oz (Ag) & 2.894 g/t (Au).
Hosting the Nine Mile Brook mineralization is the California Lake Group of rocks, one of the key units known to host VMS deposits in the BMC including Trevali Mining Corporations producing Caribou mine.
Typically, a VMS deposit consists of a series of mineralized lenses of varying sizes and orientation. At the Caribou Mine, the mineralization is composed of 7 en-echelon lenses zoned mineralogically from a copper rich (vent complex) near the bottom and western part of each lens to lead-zinc rich vent distal bedded sulphides near the top and eastern part of each lens.
ON BEHALF OF NINE MILE METALS LTD.
“Charles MaLette”
CEO, President, Director & Secretary
T: 604-428-5171
E: info@ninemilemetals.com
Sources
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