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Nine Mile Metals intersects new copper-rich VMS zone at Wedge Mine
Episode 14457
Published 2 days, 13 hours ago
Description
Nine Mile Metals CEO Patrick Cruickshank joined Steve Darling from Proactive to provide an update on drilling at the company’s Wedge Mine project, where hole DDH WD-26-02 has successfully intersected multiple zones of copper-bearing mineralization, including a newly identified volcanogenic massive sulphide (VMS) horizon at depth.
Cruickshank said the drill hole intersected base metal sulphides, pyrite, and chalcopyrite mineralization from 39.2 metres to 273.35 metres, confirming the presence of a large and robust mineralized system. Two distinct copper-bearing VMS horizons were identified, including a newly discovered lower zone that management views as particularly significant.
The first mineralized interval was encountered between 105.8 metres and 114.3 metres, returning an 8.5-metre zone characterized by abundant pyrite and visible chalcopyrite within black sedimentary units.
A second and newly identified copper-rich VMS horizon was intersected between 204.6 metres and 222.3 metres, representing a true width of approximately 17.7 metres. This zone contains an estimated 70% sulphides, including visible chalcopyrite, pyrite, galena, and sphalerite, suggesting the potential for copper, zinc, lead, silver, and gold mineralization.
The hole was drilled through siliceous volcanic rocks and banded sediments, with pyrite and chalcopyrite mineralization becoming increasingly prominent with depth. The discovery of the lower VMS horizon expands the mineralized footprint of the Wedge system and supports the company's belief that a substantial copper-dominant mineralizing system remains open for further exploration.
Cruickshank noted that the massive to semi-massive nature of the sulphide mineralization is encouraging, and the company is eagerly awaiting certified assay results to determine the grades of copper, zinc, lead, gold, and silver contained within the newly intersected zones.
Management believes the results continue to demonstrate the scale and strength of the Wedge Mine system and provide additional evidence that the project hosts significant VMS exploration potential within New Brunswick's prolific Bathurst Mining Camp.
The company expects to release assay results and updates from subsequent drill holes as exploration progresses.
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