Announcement • Jun 17
Nine Mile Metals Completes Ddh Wd-26-02 and Discovers New Copper Rich Vms Horizon At Wedge Mine Nine Mile Metals announced that DDH WD-26-02 has been completed, logged, measured and zones of mineralization have been identified. DDH WD-26-02 was successful, intersecting base metal sulphides, pyrite and chalcopyrite mineralization between 39.20 and 273.35 meters (234.15 m.) with 2 distinct horizons of visible Cu bearing VMS mineralization, the lower, a new copper rich VMS horizon at depth. DDH WD-26-02 was collared in the north and drilled at an azimuth of 175 degrees and a dip of -60 degrees to a final depth of 290.50 meters to expand mineralization intersected in 2024 and 3D Modeling by Apex Geoscience. The drill hole was collared in siliceous volcanics followed by sequence of banded sediments, the presence of local pyrite +/- chalcopyrite commencing at 39.20 meters then increasing at approximately 97.00 meters. At 102.50 meters, pyrite and chalcopyrite are within black sediments followed by the upper mineralized zone between 105.80 and 114.30 meters (8.50m.) consisting of abundant pyrite and visible chalcopyrite. Pyrite +/- chalcopyrite mineralization continues to 204.60 meters, the lower contact comprised of sheared volcanics. Between 204.60 and 222.30 meters, (17.70m) a new Cu bearing VMS horizon was intersected having a true width of 17.70 meters, comprised of 70% sulphides including massive, visible chalcopyrite, pyrite, galena and sphalerite. The sulphide mineralization over the 234.15 meters occurs within both sediments and silicified volcanics as bands, stringers and fine-grained masses adjacent to the VMS horizons. Apex Geoscience was present at site, confirming all Nine Mile Drill Holes, inspecting core, reviewing current drill program progress and providing insight in preparation for a NI 43-101 report. Apex Geoscience recommended additional holes on the North flank of the deposit, to aid with their 3D modeling and the 43-101 Assessment report in progress. All drill core has been measured, logged, photographed, marked for sampling at the company's warehouse in Bathurst, New Brunswick. A quick XRF analysis was also completed for base metal confirmation - filtering and width identification in definition for sampling core for ALS Global. When sampling is complete, the samples will be shipped to ALS Global in Moncton, New Brunswick, for Base, Precious Metal and Antimony analysis. The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and reviewed and approved by Gary Lohman, B.Sc., PGO., VP Exploration and Director who acts as the Company's Qualified Person, and is not independent of the Company. Announcement • Apr 23
Nine Mile Metals Ltd. announced that it has received CAD 1.00002 million in funding On April 22, 2026, Nine Mile Metals Ltd. closed the transaction. The company issued 7,143,000 units at a price of CAD 0.14 for gross proceeds of CAD 1,000,020. Each Unit is comprised of: (i) one common share of the Company that qualifies as a "flow-through share"; and (ii) one common share purchase warrant of the Company, with each Warrant exercisable into one Common Share at a price of CAD 0.30 for a period of two years, provided that if the daily volume-weighted average trading price of the Common Shares on the CSE equals or exceeds CAD 0.50 for ten consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing not less than thirty days' notice to Warrant holders. In connection with the Offering, the Company paid finders fees of CAD 80,001.60 and issued 571,440 finders warrants (the "Finders Warrants"). Each Finders Warrant will be exercisable for one additional Common Share at a price of CAD 0.14 for a period of two years. Announcement • Apr 16
Nine Mile Metals Ltd. announced that it expects to receive CAD 1.00002 million in funding Nine Mile Metals Ltd. announced a non-brokered private placement financing of up to 7,143,000 units at a price of CAD 0.14 per Unit for gross proceeds of CAD 1,000,020 on April 15, 2026. Each Unit is comprised of (i) one common share of the Company that qualifies as a "flow-through share"; and (ii) one common share purchase warrant of the Company, with each Warrant exercisable into one Common Share at a price of CAD 0.30 for a period of two years, provided that if the daily volume-weighted average trading price of the Common Shares on the CSE equals or exceeds CAD 0.50 for ten consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing not less than thirty days' notice to Warrant holders. The Offering is expected to close on or about April 20, 2026, or such other date as the Company may determine, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals. The Company may pay finder's fees in connection with the Offering comprised of cash equal to 8% of the gross proceeds of the Offering and finder warrants equal to 8% of the number of Units issued under the Offering. Each Finders Warrant will be exercisable for one additional Common Share at a price of CAD 0.14 for a period of two years. The Common Shares, and any Common Shares to be issued on exercise of the Warrants and Finders Warrants, will be subject to a hold period under applicable Canadian securities laws expiring four months and one day from the date of issuance. 
