Nine Mile Metals reports strong Wedge drill results - ICYMI

Mining Written by: Emily Jarvie 10:35 Sat 29 Aug 2026 --> Proactive has a commercial relationship with Nine Mile Metals Ltd.. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, and... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Nine Mile Metals Ltd. ( CSE:NINE OTCID:VMSXF ) View Price & Profile Nine Mile Metals reports strong Wedge drill results - ICYMI Published: 10:35 29 Aug 2026 EDT Nine Mile Metals Ltd. (CSE:NINE, OTCID:VMSXF, FRA:KQ9) earlier this week reported further drill results from its Wedge Project in New Brunswick's Bathurst Mining Camp as the company advances a 10,000-metre drilling program targeting the historical deposit and its potential extensions. CEO Patrick Cruickshank told Proactive the past-producing mine historically operated in the late 1950s and early 1960s and was primarily known as a copper-lead-zinc deposit. He said the company was now using drilling and modern exploration techniques to investigate mineralisation beneath and around the old mine workings. Cruickshank said 17 holes had been drilled under the current program, although assay results had been subject to a bottleneck. He noted that the amount of core requiring processing reflected the mineralised intersections encountered during drilling. Discussing the latest holes from the southern part of the project, Cruickshank said Nine Mile Metals was drilling at depth beneath the historical workings and had identified three mineralised lenses with differing characteristics. He said the latest holes were particularly notable for zinc, silver and gold, while other lenses encountered by the company were more copper-rich. “The biggest thing we're finding is as we're going deeper, the grades are getting higher,” Cruickshank said. He added that the trend was not limited to copper, with increases also being observed across zinc, lead, silver and gold. Upcoming assays from the wider drilling campaign provide one potential catalyst as Nine Mile Metals continues to build its dataset. Further technical work is also planned, with Cruickshank saying a crew was expected in September as part of work involving eight holes around the deposit to develop a subsurface 3D conductivity picture. That work is intended to improve the company's understanding of the historical workings and the location, extension and orientation of the mineralised lenses. Nine Mile Metals also has data from more than 300 historical drill holes, which it is combining with its new drilling and deeper holes across the flanks of the deposit. Cruickshank said the ultimate objective was to complete an updated NI 43-101 and progress towards a mineral resource estimate, providing further potential milestones as the Wedge exploration program advances. Continue reading