Nine Mile Metals (CSE:NINE) has received assays from what it calls a “very successful hole” drilled at the Wedge Mine Project in New Brunswick, Canada.
The company is currently in the midst of a 10,000m drill program on the western flank of the property, targeting the new copper-silver-gold lens identified from prior drilling.
The latest results feature drill hole DDH WD-26-10, which was collared in the southwest to a depth of 224m.
The hole intersected another volcanogenic massive sulphide (VMS) zone consisting of a lens carrying copper, lead, zinc, silver, and gold, with assays increasing with depth.
The entire zone returned 2.52% copper equivalent over 31.95m, including higher-grade intervals of 27.25m at 2.87% and 14.15m at 3.73%.
The result adds to the series of ‘high-grade’ assays reported by Nine Mile, including the two VMS zones totalling 42.85m hit by hole DDH WD-26-07, collared to the same depth.
Director Gary Lohman notes that the company’s drill program continues to expand the mineralised footprint in the southwest.
“As with DDH WD-26-07, we see a variation in the distribution of the mineralisation, with this hole highlighting increased assay values for silver, gold, lead, and zinc at depth, further demonstrating the multi-element value of the Wedge,” he says.
“This drill hole continues to demonstrate the deposit’s economic viability,” adds CEO Patrick Cruickshank.
The assay results, as with others, are expected to be incorporated into an upcoming mineral resource for the Wedge Project.
The deposit was previously mined by Cominco and produced 1.5 million tonnes grading 2.88% copper, 0.65% lead, 1.81% zinc, and 20.6 grams per tonne silver.
Nine Mile Metals is focused on VMS exploration in the Bathurst Mining Camp of New Brunswick.
Write to Jackson Chen at Mining.com.au
Image: Nine Mile Metals
