Nine Mile Metals Receives Bulk Sample Project Permit Approval for Its High-Grade Lens Bulk Sample Project at Nine Mile Brook

VANCOUVER, British Columbia, Jan. 12, 2024 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce it has received Final Approval of its Nine Mile Brook Lens Bulk Sample Permit from the NB Department of Mines Resource Development Branch (NB DEM), for the Nine Mile Brook Lens Bulk Sample Project.

• Nine Mile Metals has received Final NB DEM Bulk Sample Permit Approval
• Nine Mile Metals has now initiated its Vendors Award and Confirmation process
• Nine Mile Metals can now implement its Program Cost-Budget Analysis
• Nine Mile Metals can now begin scheduling the Bulk Sample Excavation Project Timelines
• Nine Mile Metals must adhere to a $30,000 Reclamation Security Deposit
  

Figure 1: Rusty Rhyolite Cap, Nine Mile Brook Lens (Bulk Sample Project Area)

In the last month, the permit process included an extensive review by numerous branches of the Provincial Government including Geological Services, Mining Recorder, Forestry, Worksafe NB, Aboriginal Affairs, Archaeological Services and numerous sections of the Department of the Environment and representatives of the local government. The Regional Director of the Department of the Environment also reviewed the request. Since the program involves the extraction of VMS mineralization, review by the Department of Environment was key due to the presence of conservation forest, wetlands, rivers, and streams in the project area. In addition to providing engineering plans for the proposed work, a reclamation plan was also submitted, and all have been approved.

Nine Mile Metals VP Exploration and Director, Gary Lohman, B.Sc., Geo., stated that, “The team is pleased to receive the final approval for the bulk sample program at our high – grade Nine Mile Brook Lens. Nine Mile can now implement its cost budget analysis for the program, award the contracts and crew hirings for the work required, including upgrading the access road, site preparation, any required drilling/blasting, onsite crushing, transport of material for processing and set timelines for execution. We look forward to our next announcement for this important project for our Company.”