Nine Mile Metals Ltd. reported a high-grade copper-rich lens grading 7.13% copper equivalent over 11.65 metres at its Wedge VMS project in New Brunswick. The drill hole WD-26-18 revealed even higher-grade intervals with up to 10.46% copper equivalent and significant gold and silver content, which together account for about one-third of the mineralization's value. The results extend the known mineralization footprint, with promising stringer zones above the main lens indicating potential feeder systems. The company plans borehole electromagnetic surveys and follow-up drilling to further explore the deposit's extent along strike and depth.
Nine Mile Metals' high-grade copper equivalent results provide context for readers following Basic Materials. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 21, 2026 20:41 WIB: Of 83 priced Basic Materials-sector US stocks tradable on Pluang, 53 rose and 27 fell today. Notable movers include AUGO at USD 85.80 with a 1-day change of +1.84%, TECK at USD 63.16 with a 1-day change of -1.82% and Pluang order activity showing 0% Sell / 100% Buy, and SOLS at USD 64.20 with a 1-day change of +1.81%.
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