Nine Mile Metals Completes Third Anniversary Payment for Wedge Project Purchase Option
Nine Mile Metals Ltd. has made its third anniversary payment of $40,000 and issued 300,000 common shares as part of its option to purchase 100% of the Wedge Project from Slam Exploration Ltd. The final payment of $50,000 and issuance of 400,000 shares is due in February 2027. The Wedge VMS Project covers 35.83 km² and contains key mining targets. Nine Mile has recently completed drilling programs aimed at proving the project's economic potential.
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Nine Mile Metals Ltd. has completed its third anniversary payment of $40,000 and issued 300,000 common shares as part of the Option Agreement for the Wedge Project with Slam Exploration Ltd. The final payment of $50,000 and issuance of 400,000 shares are due in February 2027.
The Wedge VMS Project spans 35.83 km² and includes the Wedge Mine, West Wedge, and Tribag targets. Recent drill programs are aimed at demonstrating the project's economic viability and uncovering higher-grade copper deposits. Nine Mile expects a busy exploration year in 2026, launching further drilling at the West Wedge and Tribag sites.
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