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Nine Mile Metals Acquires West Nine Mile Brook Project and Engages Artificial Intelligence Company Windfall Geotek
VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is plea
About this update from Nine Mile Metals Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce it has purchased the “West Nine Mile Brook” Project from Windfall Geotek Inc. (\"Windfall”) and further engaged their AI services to be applied to our entire Project Portfolio in the World Famous Bathurst Mining Camp (BMC)., New Brunswick Canada. West Nine Mile Brook Property (29 Claim Units covering 6.3 sq kms), On the southern boundary of the folded, mineralized Nine Mile Synform, Identified (3) High Priority Target Nodes (A, B, C) similar to those defined by EarthEx at Nine Mile Brook. Host rocks the same as those identified at the Wedge Deposit (previously milled by Cominco, 1.503 MT (2.88% Cu, 1.6% Zn, 0.65% Pb and 20 g/t Ag). Figure 1: West Nine Mile Brook Property depicting (3) High Priority Targets in Recognized Nine Mile Mineralized Fold Located along the southern boundary of the Nine Mile Synform, (3) never tested, High Priority Targets have been identified along a well defined geological contact. Host rocks include volcanics and sediments of the Little River Formation which also forms the structural footwall of the Cu, Pb, Zn Ag Wedge Deposit (Cominco milled 1.503 MT (million tonnes) grading 0.65% Pb, 1.6.% Zn, 2.88% Cu and 20.0 g/t Ag). Additional small deposits are also present along parallel structures to the northwest. No drilling has been conducted along this prospective trend. As you can see from Figure 1, (yellow occurrences) there is a highly identified mineralized trend that should continue through our new property and be associated with the (3) high priority magnetic highs (Nodes). Patrick J. Cruickshank, MBA, CEO & Director states, “This acquisition of West Nine Mile Brook, is a valuable addition to our Nine Mile Brook VMS Portfolio. The Nine Mile Mineralized Synform continues through our new property and has never been tested. We have identified (3) high priority targets within the folded trend and as you can see, numerous VMS occurrences have been discovered on this trend and nodes. We are committed to continuing to enlarge our geophysical footprint in the BMC and add quality value for our shareholders through growth and acquisition strategies. Our work with Windfall Geotek and its proprietary Artificial Intelligence analysis w...