Nine Mile Metals reports two high-grade VMS zones in New Brunswick

Updated Nov 5, 2026 4:56pm ET

Markets

The S&P/TSX Composite closed at 35,605.27, down 736.13 points, with technology and base metal sectors weighing as an AI-linked sell-off hit Wall Street, where the S&P 500 closed at 7,353.73, down 334.89. Ottawa released Budget 2026, and the government and the Bank of Canada issued a joint statement on renewing the monetary policy framework. In late-afternoon trading, oil was at US$91.10, up 2.98, gold at US$4,101.2, up 28.2, and CAD/USD at 0.71333, down 0.00212.

Venture & CSE

The S&P/TSX Venture Composite closed at 806.32, down 8.05, and the CSE Composite closed at 125.08, down 4.84. Nine Mile Metals (CSE: NINE) reported assays from hole DDH WD-26-12 at its Wedge Mine, in New Brunswick's Bathurst Mining Camp, describing two high-grade VMS zones spanning 20M, with 3.33% CU-EQ across 12.0M and 4.40% CU-EQ across 7.0M. Graycliff Exploration (CSE: GRAY) said each of its five new drill holes returned high-grade gold, and its shares rose 37.50%. On the TSX Venture, Metal Energy plans to begin drilling in early November on two copper zones that remain open at Highland Valley in B.C. In cannabis, Organigram agreed to buy Aurora Cannabis at $7.80 per share, and Curaleaf's CEO said it will raise its competing bid. In late-afternoon trading, gold was at US$4,101.2 and silver at US$51.855, down 0.427.

Market data

Closing index levels; commodities and currencies are late-afternoon trading, not settlements.

Nov 5, 2026 4:55pm ET

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Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice.