Nine Mile Metals Ltd.CSE: NINE

Nine Mile Metals Announces Completion of DDH WD-26-03, and Confirms Continued Mineralization at the Wedge Deposit

· Issued by Nine Mile Metals Ltd. via Newsfile

Toronto, Ontario--(Newsfile Corp. - July 14, 2026) - NINE MILE METALS LTD. (CSE: NINE) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile"), is pleased to announce that DDH WD-26-03 has been completed, logged, measured and zones of mineralization have been identified.

  • DDH WD-26-03 was successful, intersecting pyrite and chalcopyrite mineralization between 212.95 and 338.20 meters (125.25 m).

  • DDH WD-26-03 was collared in the north on the same pad as WD-26-02 and drilled at an azimuth of 190 degrees and a dip of -60 degrees to a final depth of 395.00 meters to expand mineralization intersected in drill hole WD-26-02.

  • The drill hole was collared in felsic volcanics followed by a sequence of banded sediments to 108.10 meters, with local pyrite throughout accompanied by chalcopyrite below 62 meters.

  • Between 108.10 and 118.30 meters, a distinct chloritic zone (black, argillaceous sediment) was intersected, accompanied by 2% to locally 10% pyrite.

  • Sediments continued to 198.75 meters followed by a mix of chloritic sediment and volcanics to 214.25 meters, with 20 - 30% pyrite in the more chloritic zones. Note: Chloritic sediments, especially when accompanied by sulphide mineralization are characteristic of footwall alteration in VMS systems.

  • From 214.25 to 309.60 meters is a large felsic volcanic unit accompanied by Py, minor chalcopyrite and a trace of arsenopyrite, a known pathfinder for gold.

  • Between 309.60 and 312.00, 2.40 meters (true width), massive sulphides were intersected, characterized by coarse, visible chalcopyrite.

  • A visual estimate of the section averaged 40 - 50% pyrite and 4 - 7% chalcopyrite.

  • Pyrite and chalcopyrite continued to 338.20 meters, with disseminated pyrite and chalcopyrite within felsic volcanics.

  • A large sediment package with minor Py and traces of chalcopyrite followed, the hole terminating at 395.00 meters in sediments.

Figure 1: Massive VMS Sample

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Figure 2: Footwall black chlorite, Py and Cpy

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Figure 3: Massive VMS Sample

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Figure 4: Massive VMS Sample

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