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Nine Mile Metals Announces Drilling to Start on Nine Mile Brook VMS Project

Retrieved on: 
Tuesday, November 29, 2022

VANCOUVER, British Columbia, Nov. 29, 2022 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the Company or Nine Mile) is pleased to announce that drilling will start on its Nine Mile Brook VMS project on Sunday, December 4, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 29, 2022 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the Company or Nine Mile) is pleased to announce that drilling will start on its Nine Mile Brook VMS project on Sunday, December 4, 2022.
  • Nine Mile has secured a track mounted deep drilling rig capable of a depth of 1,000 meters from Lantech Drilling in Dieppe, NB.
  • About Nine Mile Metals Ltd.:
    Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada.
  • The Companys primary business objective is to explore its three VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East West) VMS Project.

Nine Mile Metals Files Drill Permits For Its 5,000m Stage 2 Drill Program And Completes 1,000m Line KMS UAV Magnetic Survey

Retrieved on: 
Thursday, September 15, 2022

Nine Mile Metals has secured two (2) track mount drill rigs from Lantech Drilling in Dieppe, NB.

Key Points: 
  • Nine Mile Metals has secured two (2) track mount drill rigs from Lantech Drilling in Dieppe, NB.
  • This is the same drilling partner from our highly successful stage 1 lens area drill program.
  • We will utilize two (2) 12-hour drill crews per drill rig, producing a 24hr drill program field team on both rigs.
  • The work program at Nine Mile Brook is progressing as planned, the integration of data continues to define Priority Targets on the western flank of the Brunswick #12.

DeFi Insurance Protocol Uno Re Burns 1.4% of Their Token Supply

Retrieved on: 
Monday, August 15, 2022

Tallinn, Estonia--(Newsfile Corp. - August 14, 2022) - DeFi Insurer, Uno Re, has announced that they have burned 1M $UNO - 1.4% of their total supply - as part of their deflationary token model .

Key Points: 
  • Tallinn, Estonia--(Newsfile Corp. - August 14, 2022) - DeFi Insurer, Uno Re, has announced that they have burned 1M $UNO - 1.4% of their total supply - as part of their deflationary token model .
  • Modelling the token to be a deflationary asset, the protocol has once again utilized some of their profits to reduce their circulating supply.
  • The token burn essentially means Uno Re sent the tokens to a wallet no one has access to, officially removing them from circulation.
  • The protocol burns its own utility token in an effort to decrease total supply.