Business

Nine Mile Metals Announces XRF Results up to 25.27% Combined (Pb-Zn) on Holes CL22-12 & CL22-13 on Initial California Lake VMS Drill Program

VANCOUVER, British Columbia, Dec. 12, 2022 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleas

articleNine Mile Metals Ltd.December 12, 20223/company/nine-mile-metals-ltd/news/nine-mile-metals-announces-xrf-results-up-to-2527percent-combined-pb-zn-on-holes-cl22-12-and-cl22-13-on-initial-california-lake-vms-drill-program
Nine Mile Metals Announces XRF Results up to 25.27% Combined (Pb-Zn) on Holes CL22-12 & CL22-13 on Initial California Lake VMS Drill Program

About this update from Nine Mile Metals Ltd.

[{"type":"text","content":" VANCOUVER, British Columbia, Dec. 12, 2022 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce the XRF results for VMS target Holes CL22-12 and CL22-13 at its initial Phase 1 drill program at its California Lake VMS Project in the world-famous Bathurst Mining Camp, New Brunswick (“BMC”). Highlights: VMS Target Hole CL22-12 was collared approximately 75 meters northwest of discovery hole CL22-06 and drilled towards its collar, dipping – 45 degrees to a depth of 62 meters intersecting (7) zones of massive VMS mineralization between 34.15 and 52.60 meters (18.45m.) Sample # From (m) To (m) Width (m) Cu % Pb (%) Zn (%) (Pb + Zn) % Ag (g/t) Au (g/t) 226116 34.15 35.30 1.15 .27 2.17 9.76 11.93 TBD TBD 226118 36.30 36.78 0.48 .11 1.30 8.68 9.97 TBD TBD 226121 38.54 38.82 0.28 .13 0.21 1.40 1.61 TBD TBD 226125 42.10 42.22 0.12 .08 0.37 2.40 2.85 TBD TBD 226133 48.80 49.40 0.60 .11 2.42 10.63 13.16 TBD TBD 226136 49.60 50.14 0.54 .06 2.66 8.30 11.02 TBD TBD 226138 51.04 52.04 1.00 .09 1.55 7.47 9.11 TBD TBD 226139 52.04 52.60 0.56 .04 5.74 19.49 25.27 TBD TBD VMS Target Hole CL22-13 was drilled from the same setup as CL22-12 along the same azimuth dipping – 55 degrees to a depth of 80 meters to test the depth extension of the mineralization in CL22-12. The hole intersected (4) zones of visible massive VMS mineralization between 51.23 and 67.65 meters (16.42m). Sample # From (m) To (m) Width (m) Cu (%) Pb (%) Zn (%) (Pb + Zn) % Ag (g/t) Au (g/t) 226145 51.23 52.23 1.00 .14 0.98 7.25 8.23 TBD TBD 226146 52.23 53.23 1.00 .14 0.93 4.88 5.81 TBD TBD 226147 53.23 53.77 0.54 .22 0.34 3.30 3.64 TBD TBD 226149 54.33 54.48 0.15 .03 2.19 6.60 8.79 TBD TBD 226151 56.18 56.44 0.26 .28 2.55 14.48 17.03 TBD TBD 226156 66.97 67.65 0.68 .09 0.49 1.40 1.89 TBD TBD VMS mineralization in both drill holes was again dominated by Zn mineralization, with individual sample sections up to 19.49 % Zn. (Up to 25.27% combined Pb – Zn) Pb mineralization is very fine grained and locally difficult to identify. The copper mineralization was visible, occurring as very small, 1 – 2mm. blebs of chalcopyrite best seen on cut drill core. Both drill holes demonstrate that the mineralized zone is open in both directions along strike and depth. Samples of the VMS mineralization and adjacent rock ha...

More updates from Nine Mile Metals Ltd.