Nine Mile Metals (CSE:NINE) - Three Wedge Lenses and a Funded Path to Resource

Patrick Cruickshank (0:00)

I'm Patrick Cruickshank, CEO and Director of Nine Mile Metals. We are trading on the CSE Exchange under symbol 9, N-I-N-E.

We are a junior public Canadian exploration company focusing on critical mineral exploration in the world famous Bathurst Mining Camp, New Brunswick, Canada.

Crux Investor (0:17)

Patrick, good to have you here.

Patrick Cruickshank (0:19)

Thanks for enjoying.

Crux Investor (0:20)

Right. Now, we're here at Beef Creek, obviously, busy as bejesus out there. As I understand it, we're holed up in the air. I haven't seen much.

Have you enjoyed yourself? Are you getting anything out of it?

Patrick Cruickshank (0:31)

First time I've been here, and it was a eye opening. I didn't realize it was such a big conference. Yeah.

In the past, it was more precious metals, but now it's everything.

Crux Investor (0:42)

Yeah. Yeah.

Patrick Cruickshank (0:43)

There's a lot of international here. So it's been Australian, Europeans, and so on. It's been very, very successful for us.

Crux Investor (0:51)

But this isn't just a kind of company get-together. This is investors, front and foremost of the whole event. That's why people come here. Are you having good meetings as a result?

Patrick Cruickshank (1:02)

Yeah, it's fantastic. We, besides meeting investors and family offices and institutions and strategic people and the majors, I mean, everybody's here.

Crux Investor (1:11)

Right.

Patrick Cruickshank (1:11)

They have a presence. And, you know, interesting enough, this is a stat I heard yesterday out of the one-on-one meetings they have here.

How many do you think there actually were? Independent one-on-one official meetings at this conference?

Crux Investor (1:26)

I don't know. Maybe 500

Patrick Cruickshank (1:29)

10,830.

Crux Investor (1:31)

Was I close? No.

Patrick Cruickshank (1:32)

You were close. So it's, we'll definitely be back next year for sure.

Crux Investor (1:36)

That's insane.

Patrick Cruickshank (1:37)

Yeah.

Crux Investor (1:37)

That's insane. Fantastic.

You timed some press releases rather well leading into this and obviously this week as well. It took us through some drill results that came out. I thought there was some exceptional numbers in there. It took us through them.

Patrick Cruickshank (1:54)

Yeah. And it wasn't timing on our part. It's, you know, we started our program in July. Yeah. And we've been drilling 24-7 our wedge deposit. And if you recall the wedge, the top third, the pillar collapsed. So we can't drill through that at the moment. So we're doing all the geophysics to expand the footprint and see what's around. So we're drilling from the peripheral and below. And we believe it goes much deeper than just the two-thirds that was there. We did a drill program in 2024, approved extension and millions of tonnage to the east. And we're drilling now the south and the northwest. We've completed about five and a half thousand meters.

We've got 22 holes complete.

We've only reported the fifth one today. And the timing is as soon as we get them and we can compile them, we're getting them out because the labs, you know, we have so many holes still in the, you know, the labs are overwhelmed.

Crux Investor (2:48)

Right.

Patrick Cruickshank (2:48)

Right. So yeah, I mean, it's been exceptional and what we're, we're seeing what we expected, which, so we found additional lenses because our VMS lenses are vertical about 70 degrees and our intercepts like today was 14.15 meters. That's not because that's the lens, that's the intercept, right, because right now we're having to go perpendicular to the lens because we can't go down through the center until we do our borehole. So we have eight holes that we are going to, we have a borehole survey coming in two weeks on site. The rigs are there, so it'll be able to ream any holes that are collapsed or whatever.

And they're strategically placed around the deposit. So we will have our 3D subsurface picture of the old workings and voids, where the conductive mineralization still is, and in all directions. So when that probe goes down, every 10 meters it takes a snapshot. In all directions, about 300 to 400 meters. So when you add these all up, we will have a real good 3D model. And the goal is, once that's done, we will then finish our 10,000 meter drill program there. With the focus is, there's a fault that drills through it. So we're on the northwest side of the fault, and that's where we're going to go to depth.

But we don't want to do it blind and hit workings, because tech didn't share the old workings, because it did collapse, so we're trying to get that, but we don't have it. So it costs a lot of money, we don't want to waste investor funds by drilling blind.