Nine Mile Metals (CSE:NINE) has intersected ‘high-grade’ volcanogenic massive sulphide (VMS) mineralisation in recent drilling at the Wedge Mine Project in New Brunswick, Canada.
The reported drill hole, collared towards the southwest part of the project, hit a massive sulphide lens carrying copper, lead, zinc, silver, and gold, with visible chalcopyrite and bornite in the core, the company says.
Within the broader zone, the hole intersected a 16.5m section that averaged 4.03% copper equivalent (CuEq), and a 6.5m zone that returned 5.22% CuEq.
The silver zone of 21.75m returned an average grade of 31.72 grams per tonne and a peak grade of 58g/t. The gold zone of 20.2m returned 0.67g/t, including 11m of 0.87g/t, while zinc grades averaged 2.02% over 22.5m.
“In addition to copper, the assays also indicate substantial gold and silver present in this portion of the system. Intersecting five payable metals over this width and seeing copper strengthen toward the base of the zone is exactly what we want to see at this stage,” says Vice President of Exploration Gary Lohman.
“Each one of these mineral intercepts would be a success on their own accord, but to combine them all in one hole shows the strength of this lens and is a spectacular start to our results season,” CEO Patrick Cruickshank adds.
The company is currently in the midst of a 10,000m drill program focusing on newly discovered ‘high-grade’ zones on the western flank of the Wedge Mine deposit.
Nine Mile Metals is a Canadian mineral exploration company focused on VMS exploration in the Bathurst Mining Camp of New Brunswick.
Write to Jackson Chen at Mining.com.au
Image: Nine Mile Metals
