Source: Nine Mile Metals Ltd.
  • Nine Mile Metals (NINE) has begun the next phase of drilling at the Nine Mile Brook VMS Project in New Brunswick
  • The company is utilizing skid-mount drill rigs operated by Orbit-Garant Drilling Inc. based in Moncton
  • Eight holes were completed totalling 1,329 metres of a planned 5,000 metre fully funded drill program
  • Nine Mile Metals Ltd. (NINE) opened trading at C$0.20

Nine Mile Metals (NINE) has begun the next phase of drilling at the Nine Mile Brook VMS Project in New Brunswick.

The company is utilizing skid-mount drill rigs operated by Orbit-Garant Drilling Inc. based in Moncton.

Eight holes were completed totalling 1,329 metres of a planned 5,000 metre fully funded drill program. More than 730 metres of drill core are being logged, photographed, cut, and prepared for rush assays, which is expected to take a couple weeks for each submission.

Company CEO and Director Patrick J Cruickshank, MBA, commented on the news.

“We look forward to adding the 2nd rig at Nine Mile Brook and continuing with our Flagship exploration program. This will allow us to focus on certain areas and continue the bigger program at the same time. I continue to be impressed with our technology driven exploration program design and execution.”

Nine Mile Metals is a Canadian mineral exploration company focused on Critical Minerals Exploration (CME) and VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick. The company’s primary objective is to explore its four VMS Projects: Nine Mile Brook VMS, California Lake VMS, Canoe Landing Lake (East–West) VMS and the new Wedge VMS projects.

Nine Mile Metals Ltd. (NINE) opened trading at C$0.20.

More From The Market Online
Baytex worker

Baytex reports production growth, income drop in Q2 2024

Canadian oil and natural gas stock Baytex Energy (TSX:BTE) announces financial and operational results for its Q2 2024.
A gold bar from Dynacor Group's ore processing facility in Peru.

Green flags galore: Why to invest in Dynacor Group today

Gold stock Dynacor Group (TSX:DNG) announces a monthly dividend of C$0.01167 per share for August 2024 with eyes on further growth.