Nine Mile Metals Reports 5.22% Cu-Eq Over 6.50m at Wedge Mine, DDH WD-26-09 — 24.55m True Width Intercept Carries Copper, Silver, and Gold

Nine Mile Metals Ltd (CSE: NINE; OTCID: VMSXF; FSE: KQ9) published certified assay results on August 12, 2026 for drill hole DDH WD-26-09 at the Wedge Mine in the Bathurst Mining Camp, New Brunswick.

DDH WD-26-09 returned 3.49% Cu-Eq across 24.55 metres true width, per the company's August 12, 2026 news release on Newsfilecorp. Nested inside that broader zone, a 16.50m section averaged 4.03% Cu-Eq, and a tighter 6.50m interval returned 5.22% Cu-Eq.

The hole also delineated a Silver Zone of 21.75m returning 31.72 g/t Ag (1.02 oz/t Ag), with a peak sample of 58 g/t silver, and a Gold Zone of 20.20m returning 0.67 g/t Au, including 11.00m grading 0.87 g/t Au. Visible chalcopyrite and bornite appeared in the core of a thick massive sulphide lens carrying copper, lead, zinc, silver, and gold. Cu-Eq figures were calculated using August 11, 2026 Bloomberg pricing: US$6.63/lb Cu, US$0.84/lb Pb, US$1.72/lb Zn, US$65.10/oz Ag, and US$4,443.90/oz Au, with 95% metallurgical recovery assumed across all metals.

DDH WD-26-09 was collared in the southwest at the edge of the drill pattern, oriented at 340° and angled 50° below horizontal, drilled to a depth of 200 metres.

CEO Patrick J. Cruickshank described the result in the August 12, 2026 news release: "This was a very strong polymetallic VMS Hole, with a large Lens Zone. As you can see in the itemized Sample Results Table, there is multiple high grade Copper, Silver and Gold zones, confirming a multi-dimensional deposit at the Wedge."

For context, the Wedge has returned massive sulphide intercepts across multiple drill holes. In April 2026, drill hole WD-25-2B returned 3.17% Cu-Eq over 15 metres, including 5.99% Cu-Eq over 6.84 metres, per a Tipranks report dated April 2, 2026. Approximately one day before this article's publication date of August 28, 2026, Proactive Investors reported results from DDH WD-26-10: a 31.95-metre massive sulphide zone grading 2.52% Cu-Eq, with a 14.15m sub-interval at 3.73% Cu-Eq, including 4.15m at 5.16% Cu-Eq.

Zooming out to the broader portfolio: Nine Mile's Nine Mile Brook project hosts what the company describes, per a February 6, 2026 Crux Investor report, as the highest-grade lens ever recorded in the Bathurst Mining Camp — 12% copper, 38% lead-zinc, 1,200 g/t silver, and 2.4 g/t gold over 15 metres. The Wedge results are separate from that target. The company is advancing four VMS projects in total: Nine Mile Brook, California Lake, Canoe Landing Lake (East–West), and the Wedge.

On the balance sheet, Nine Mile carries C$4.63M in cash and marketable securities against C$0.00 in debt, per company data. The company also disclosed a $5.5 million raise tied to its 2026 drill strategy, focused on proving up existing deposits and testing new discoveries.

Shares responded to the August 12, 2026 assay release: NINE.CSE recorded 0.09 CAD, up 6.1%, on volume of 420,000 shares that day, per the ingested August 12, 2026 snapshot. On August 25, 2026, MSN Money data showed NINE.CN at 0.095 CAD, up 11.76%, with a day range of 0.085–0.095, a previous close of 0.09, and a 52-week range of 0.005–0.275. August 28, 2026 intraday data were not available from sources retrieved.

Per the company's stated 2026 program: continued drilling at the Wedge while testing new discovery targets across the Bathurst Camp portfolio.