Nine Mile Metals: Unlocking High-Grade Copper at Bathurst Mining Camp Projects

Investing News Network (INN)
Investing News Network (INN)Mar 5, 2026

Why It Matters

The combination of world-class grades, fresh funding and modern exploration tech accelerates the company’s ability to rapidly define high-value copper-gold-silver mineralization in a prolific but under-explored camp, which could supply strategic copper amid tightening market fundamentals. This progress also makes 9 Mile a potential acquisition or regional consolidation target as majors seek scalable VMS assets.

Summary

9 Mile Metals (trading on the CSE as NINE and on European venues and OTC) is advancing multiple volcanogenic massive sulfide (VMS) targets in New Brunswick’s Bathurst mining camp, including flagship 9M Brook and the past-producing Wedge Mine. The company announced exceptionally high-grade assays at 9M Brook—about 20% Cu, 38% Pb+Zn, 3–4 oz/t Ag and 0.5–2 g/t Au over a 15 m lens—and new copper-rich lenses at Wedge from initial drilling. Management says it has C$5.5 million in new financing, roughly two years of funding, and is deploying advanced UAV geophysics to locate stacked lenses for follow-up drilling. 9 Mile plans an aggressive drill campaign to expand resources and test extensions, positioning the company for potential consolidation or mill-feed opportunities in the camp.

Original Description

Nine Mile Metals (CSE:NINE, OTCQB:STVGF) CEO Patrick Cruickshank provides an inside look at the company’s "ultra-high-grade" Nine Mile Brook project and the highly anticipated first assay results from the past-producing Wedge copper mine, both located in New Brunswick's legendary Bathurst Mining Camp.
#copper #mining #pdac2026
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