Nine Mile Metals (CSE:NINE) reported a high-grade copper-rich lens grading 7.13% copper equivalent over 11.65 metres at its Wedge VMS project in New Brunswick, with gold and silver adding significant value. Drill hole WD-26-18 also intersected 9.93% copper equivalent over 6.70 metres and 10.46% over 4.8 metres, plus a 31.5-metre upper copper stringer zone. Every sample across the 6.7-metre interval graded above 8.4% copper equivalent, with 71 to 136 grams per tonne of silver and 1.16 to 2.4 grams per tonne of gold. The company estimates silver and gold together make up roughly one-third of the in-situ value, and the results extend known mineralization along the eastern edge of the drill pattern. The stringer zone, grading 0.40% copper equivalent, is treated as an exploration target, and borehole electromagnetic surveying and follow-up drilling are planned to test the lens's extent.
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XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/20/2026 | 4,125.21 |
| Change that session | -0.38% |
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