Nine Mile Metals Ltd. [NINE-CSE; VMSXF-OTCQB; KQ9-FSE] reported ALS Global Labs-certified assay results for volcanogenic massive sulphide target holes CL2208 and CL2211 at its initial phase 1 drill program at its California Lake VMS project in the world-famous Bathurst mining camp (BMC), New Brunswick.
Highlights included VMS target hole CL2211 was a step-out hole collared approximately 20 metres north of discovery hole CL2206 and drilled to a depth of 80 metres intersecting four zones of massive VMS mineralization between 51.10 and 62 metres (10.90 m).
Drill hole CL2211 returned 10.90 metres of 0.07& copper, 0.98% lead, 3.33% zinc, for 4.41% lead+zinc, 29.76 g/t silver and 0.40 g/t gold that included higher grades intervals.
VMS target hole CL2208 was collared near hole CL2206 and drilled at an azimuth of 312 degrees to a depth of 89 metres, intersecting visible massive VMS mineralization between 65.33 and 72.50 metres (7.17 m). CL2208 returned 7.17 metres of 0.06% copper, 4.97% lead+zinc, 30.68 g/t silver and 0.41 g/t gold that included higher grade intervals.
VMS mineralization in both drill holes was again dominated by zinc, silver and gold mineralization, with individual sample sections up to 11.54% Zn, 123 g/t Ag and 1.70 g/t Au.
Lead mineralization was much more discreet. Both drill holes demonstrate that the multiple mineralized zones are open in both directions along strike and depth.
Patrick J. Cruickshank, MBA, CEO and director, stated: “As these assays display, we are pleased to announce that the widths on these holes clearly demonstrate a good system was identified here at eastern flank of our California Lake VMS project. To have a 10.90-metre mineralized finger system with these results, only 50 metres below surface, is extraordinary. We are also highly encouraged by the Ag and Au results in this system and are highly motivated for the 2023 follow-up program with our advanced proprietary technical systems. We are concentrating now on a designed program to explore the entire 1.5-kilometre-long target feature to identify the source at depth.”
“The Pb/Zn mineralization suggests that initial deposition occurred along the flanks of a VMS system where Pb/Zn is typically dominant. Subsequent shearing and structural activity have dislocated the mineralization; however, the dense sulphides remain intact, having generally hard contacts with the surrounding sediments. Individual mineralized widths within the 10-metre section can be greater than three metres. Pyrite mineralization is also present within the sediments.
“Drill holes CL2208 and CL2211 continue to demonstrate the potential along the 1.5-kilometre geophysical trend defined by EarthEx Geophysical Solutions Inc. from the reprocessed regional MegaTEM data. The intersections to date are robust and typical of the Bathurst mining camp. Local higher-grade Au and Ag intersections are encouraging in this portion of the BMC. The team is looking forward to advancing the program in 2023,” stated Gary Lohman, BSc, PGeo, director, vice-president, exploration.
Nine Mile Metals is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the Bathurst mining camp. The company’s primary business objective is to explore its three VMS projects: Nine Mile Brook VMS project; California Lake VMS project; and the Canoe Landing Lake (east-west) VMS project.