An 18-hole high priority drill targets have been proposed to intersect a variety of high chargeable, conductive, resistive, and magnetic anomalies conducted over the Lens, Islands and Hinge A target areas
Nine
Figure 1: Target drill holes, 21-line km I.P. Grid, Total Magnetic Intensity (TMI)
The initial drill hole T03-A, (Figure 1) was collared approximately 70 meters northwest of the lens and drilled due east at a dip of – 60 degrees to 229 meters to test an I.P. chargeability target at approximately 200 meters. The drill hole intersected a variety of sheared and faulted sediments with local, disseminated sulphides. Drill hole T04-A was collared approximately 150 to the north of T03-A and drilled due east at a dip of – 60 degrees to a depth of 262 meters again, targeting an I.P. response at approximately 225 meters along the same north / south trending chargeable horizon. A 25-meter section of siliceous, pyritic breccia / rhyolite including massive sulphides, was intersected in the upper portion of the drill hole in addition to graphitic sediments. The sulfides varied between both disseminations and stringers, confirming the presence of the system associated with the lens mineralization. The drill holes confirm a coherent conductive trend suggesting the mineralization at the lens has undergone minimal transport and is from a more local source.
During the holiday break, the Technical Team had the advantage to analyse and interpret the initial holes drill program data, geology and samples. The drill logs and sampling data were forwarded to EarthEX for integration into the live 3D model (Figure 3). Following analysis by the Technical Team including EarthEX, the resulting analysis produced additional target holes, including T09-A (Figure 2) and a deeper 500m hole in the original Lens area. Once drilling in the “Hinge A” area is concluded, we will return to the original Lens Area, on our way to “The Islands”, and newly defined, priority targets along the
Figure 2: “Zoomed In” Plan View, Hinge A, Drill Holes T05-A, T08-A, T09-A, T14-A over the TMI.
“After a very successful California Lake VMS Drill Program, we were extremely eager to drill our
Drill Hole NM2208 Lens, (Figure 1) was collared on the north edge of the outcrop that hosts the VMS bearing lens that was drilled last Spring. The hole was drilled to the south at a dip of – 50 degrees for 30 meters, intersecting a section of the lens target including pyritized rhyolite and VMS mineralization. Due to environmental concerns including snow runoff and potential water contamination, this hole was not accessible in the Spring. Necessary to quantify the Lens dimensions for RPC and the bulk sample project, this very short hole was completed prior to the holiday break, the collar established on solid, frozen ground. This information & samples have been forwarded to RPC for the ongoing metallurgical bulk sample analysis. We look forward to confirming the Willett Lens body dimensions and bulk tonnage.
Figure 3: “Zoomed In” Subsurface 3D Magnetics, Top Priority Target Areas displaying the massive subsurface magnetic target bodies (Hinge A, Lens & Islands Areas)
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
About
ON BEHALF OF NINE MILE METALS LTD.
“Patrick J Cruickshank, MBA”
CEO and Director
T: +1.506-804-6117
E: patrick@ninemilemetals.com
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. . Forward-looking statements in this press release include that (a) once drilling in the “Hinge A” area is concluded, we will return to the original Lens Area, (b) integrating an enclosed, more powerful drill rig, capable of staying on plane at depth, will be highly advantageous, (c) we are securing 3D presentation technology that will make that possible, (d) we look forward to confirming the Willett Lens body dimensions and bulk tonnage, (e) we look forward to sharing our 3D model in the near future, and (f) we look forward to further updates. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Three figures accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/e369533d-4b38-4ac9-bfcc-749fddc048ce
https://www.globenewswire.com/NewsRoom/AttachmentNg/f3eaf7e6-2849-412c-a77a-e29468e4d902
https://www.globenewswire.com/NewsRoom/AttachmentNg/173a48be-8826-4359-bf6e-89c23174e561
![](https://ml.globenewswire.com/media/NTA2NzU1ZGEtOWMxYy00YmRlLWEzNTUtN2Y2YjdmOGU5OGE2LTEyNjI5ODY=/tiny/Nine-Mile-Metals-Ltd-.png)
Figure 1
![](https://ml.globenewswire.com/media/e369533d-4b38-4ac9-bfcc-749fddc048ce/medium/figure-1.jpg)
Target drill holes, 21-line km I.P. Grid, Total Magnetic Intensity (TMI)
Figure 2
![](https://ml.globenewswire.com/media/f3eaf7e6-2849-412c-a77a-e29468e4d902/medium/figure-2.jpg)
“Zoomed In” Plan View, Hinge A, Drill Holes T05-A, T08-A, T09-A, T14-A over the TMI.
Figure 3
![](https://ml.globenewswire.com/media/173a48be-8826-4359-bf6e-89c23174e561/medium/figure-3.png)
“Zoomed In” Subsurface 3D Magnetics, Top Priority Target Areas displaying the massive subsurface magnetic target bodies (Hinge A, Lens & Islands Areas)
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