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Nine Mile Metals Continues to Drill VMS (Cu-Pb-Zn-Ag-Au) Mineralization at Its California Lake Project, NB
VANCOUVER, British Columbia, Nov. 07, 2022 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleas
About this update from Nine Mile Metals Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 07, 2022 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce it has drilled additional VMS mineralization at its inaugural California Lake VMS project drill program, in the world-famous Bathurst Mining Camp in New Brunswick. Hole CL2207 was collared 10 meters west of Hole CL2206 (previously announced November 1, 2022) and drilled from east to west, along the same azimuth at a dip of – 45 degrees to confirm and expand on the mineralized sections in Hole CL2206. Drill Hole CL2207 first intersected VMS mineralization at a depth of 39 meters with sulphide mineralogy continuing to 50 meters. A total of 6 zones of Cu, Pb, Zn, Ag, Au bearing, BMC style, VMS mineralization were intersected, further confirming the potential of the California Lake target. “We are pleased to announce that we continue to drill VMS mineralization at our inaugural California Lake Phase #1 drill program. This is exceptional based that we have targeted this program on just re-processed MegaTEM and strong late time conductive targets identified by our technical partner, EarthEx Geophysical Solutions Inc. We are committed to de-risking our projects and using leading edge, new technology and economic exploration methods here at our California Lake Project. Once we complete our drill program, analyze all the relevant data, and model our results, we will be able to design an advanced geophysics program to expand the exploration program along the conductive trend and at depth. This was designed as an introductory short drill program based on our identification process and we look forward to announcing further results,” stated Patrick J. Cruickshank, MBA, CEO & Director. “Our drilling continues to be successful along this 1.5-kilometer geophysical target, the numerous zones of VMS mineralization over a 15-meter width further confirming its potential. We look forward to expanding the mineralized zone along strike and depth by both drilling and future detailed ground geophysics,” stated Gary Lohman, B.Sc., P. Geo., Director. The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as se...