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Nine Mile Metals Ltd.

09:19 AM EST - Nine Mile Metals Ltd. : Announced it has signed a new Mineral Property Option to acquire all the Vendor's right, title and interest in and to 12 mineral claims: California Lake (6 claims), Canoe Landing Lake East (4 claims); and Nine Mile Brook area (2 claims) of the Bathurst Mining Camp, New Brunswick, subject to a 2% Net Smelter Royalty. The Mineral Property Option Agreement is dated April 25, 2022. Nine Mile Metals geological exploration footprint has now increased from 31.24 km2 to a massive 70.18 km2, over the most fruitful host rocks in the entire BMC. Nine Mile now has three distinct advanced VMS Projects: Nine Mile Brook; California Lake; and Canoe Landing Lake (East and West). These acquisitions transform Nine Mile Metals into one of the largest exploration companies in the BMC. Nine Mile Metals Ltd. shares C.NINE are trading off 3.85 percent at $0.13.