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Nine Mile Metals deploys second drill rig at Tribag-West Wedge to test key VMS targets in New Brunswick

Market News
01 Oct 2026
Proactive Investors
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Bullish
Nine Mile Metals deploys second drill rig at Tribag-West Wedge to test key VMS targets in New Brunswick

Nine Mile Metals Ltd. has brought a second drill rig to its Tribag-West Wedge target area within the Wedge VMS Project in New Brunswick to test seven electromagnetic conductor plates associated with known mineral occurrences. Drilling is set to begin soon while ongoing work continues at the Wedge Mine as part of a 10,000-metre drill program planned for 2026. The targets lie on the same magnetic trend as the historic Wedge Mine and show promising mineralization, including high zinc, lead, and copper grades from surface samples and historical drilling. The addition of the second rig allows simultaneous exploration and resource expansion efforts, with further borehole electromagnetic surveys guiding future drilling phases.

Nine Mile Metals' drilling activities at Tribag-West Wedge targets provide context for the Basic Materials sector on Pluang. Of 38 priced Basic Materials stocks, only 3 rose while 35 fell as of Oct 01, 2026 21:22 WIB. Notable movers include Avient Corporation at USD 39.23 with a -2.53% change and Standard Lithium Ltd at USD 1.78 with a -2.46% change.

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