Mr. Patrick Cruickshank reports

NINE MILE METALS ANNOUNCES PHASE 2 XRF HIGH-GRADE RESULTS UP TO 17.41% COPPER FROM THE UPCOMING DRILL AREA AT THE WEDGE PROJECT, BATHURST, NEW BRUNSWICK

Nine Mile Metals Ltd. has released (35) Wedge phase 2 XRF (X-ray fluorescence) results for volcanogenic massive sulphide (VMS) mineralization ore samples collected from the upcoming northwestern drill area on the Wedge VMS project, in the Bathurst mining camp, New Brunswick, Canada.

Highlights:

• High-grade sample results up to 17.41 per cent copper (Cu);
• Of the 35 ore samples taken, 16 samples returned results 4 per cent Cu or higher, and 24 samples returned results of 3 per cent Cu or higher;
• Samples were massive, ore grade, fine-grained VMS (Cu-Pb-Zn (copper-lead-zinc)) -- (Au-Ag (gold and silver) ... TBD (to be determined)) mineralization collected at the upcoming Wedge drill area (seven proposed Apex drill holes on the new western extension);
• The samples were weathered, as shown in the attached table, predominantly Cu rich, with minor Pb-Zn;
• Most samples consisted of 90 per cent plus sulphides and minor quartz and accessory minerals;
• The company expects good Au results when ALS reports the certified assays.

Gary Lohman, PGeo, vice-president of exploration and director, stated: "With exceptional copper results from the phase 2 sampling, the team is excited to drill this higher-grade section of the deposit. In addition to confirming copper-gold mineralization, the drill holes are also designed to step out to the west to determine both the extent and depth of the deposit. Although regarded a predominantly copper-rich deposit, the polymetallic nature of the mineralization cannot be ignored when all assay results are incorporated into the model. With the success of our 2024 fall drill program adding to the Wedge deposit tonnage, the focus is now on determining the original mine residual, and the new western extension and trend to the TriBag and West Wedge targets. The economic attractiveness could be quite large at the Wedge trend. We look forward to expanding the footprint of the Wedge deposit."

As previously stated in the company's news release dated Sept. 17, 2025, the modelling has focused on determining the geophysics identifying a new western extension and the unmined portions of the deposit, with drill holes targeting a copper-rich lens to the west, and the unexplored depth extension below 150 metres, where recent drilling and historical cross-sections indicate mineralization occurring to a minimum depth of 300 metres. Continued sampling in October uncovered additional samples that demonstrate the robust nature of copper mineralization. A total of 35 samples were cataloged, photographed then analyzed with a portable XRF instrument utilizing an Olympus Vanta 50 portable 50-kilovolt workstation and Reflex XRF software to provide instant real-time geochemical information. Each sample was analyzed in three separate locations and the results averaged by the Reflex XRF software. The XRF process included calibrating the machine and utilizing two standards in the sample stream (OREAS622, CDN-BL-10) twice during analysis. The results are presented in the attached table. The samples have been forwarded to ALS Global in Moncton, N.B., for preparation with final geochemical analysis conducted in North Vancouver, B.C.

Qualified person

The technical content of this news release pertaining to the Wedge project was reviewed and approved by Gary Lohman, PGeo, a non-independent qualified person as defined by National Instrument 43-101.

About Nine Mile Metals Ltd.

Nine Mile Metals is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the Bathurst mining camp, New Brunswick, Canada. The company's primary business objective is to explore its four VMS projects: the Nine Mile Brook VMS project; the California Lake VMS project; and the Canoe Landing Lake (East-West) project and the Wedge VMS project. The company is focused on exploration of minerals for technology (MFT), positioning for the boom in EV (electric vehicle) and green technologies requiring copper, silver, lead and zinc with a hedge with gold.

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