Diligence memo · auto-generated · as of July 2, 2026
Nine Mile Metals Ltd.
Nine Mile Metals Ltd. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Nine Mile Metals Ltd. operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nine Mile Metals Ltd. has raised $222K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $222K on 2022-07-29.
Most recent recorded round closed around 2022-07-29.
Valuation (modeled)modeled
Provath models Nine Mile Metals Ltd. at approximately $902K (range $141K–$5.4M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.28× the median modeled value of Pre-Seed Mining & Resources companies in 2022–2024 (80 peers) — value vs value, same stage and era. Within the normal band (128% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 3.9 yr ago; this sector typically re-raises about every 11 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 13% of Mining & Resources peers (701 compared).
Modeled value ranks above 30% of those peers.
Closest niche peers: CMC Metals Ltd., Blueprint Mining I LLC, US Critical Metals Corp., Infinitum Copper Corp., Advanced Gold Exploration Inc..
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.