Business
Canadian Critical Minerals Assays Stockpile Material at the Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - December 13, 2023) - Canadian Critical Minerals Inc. (TSXV: ...
About this update from Canadian Critical Minerals Inc
[{"type":"text","content":"Canadian Critical Minerals Assays Stockpile Material at the Bull River Mine ProjectCalgary, Alberta--(Newsfile Corp. - December 13, 2023) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) (\"CCMI\" or the \"Company\") has received initial assays on mineralized material from the surface stockpile at its flagship Bull River Mine (\"BRM\") project near Cranbrook, BC.The Company began screening and crushing of stockpiled material in November 2023. To-date approximately 40,000 tonnes of mineralized material on surface has been screened and crushed. All this material has been reduced to minus 3 inches in size and material that is minus 5/8 inches in size (\"Fines\") has been placed in a separate pile. Approximately 30% of the material that has been screened and crushed has reported to the Files stockpile. The Fines have been sampled over a period of 17 days by mine personnel under the supervision of Gary Low P.Geo. Samples were sent to ALS Laboratories in North Vancouver, British Columbia for independent assay analysis. A summary of all assay results is presented below. On average, the Fines graded 2.51% copper, 0.32 g/t gold and 18.45 g/t silver for a copper equivalent (\"CuEq\") grade of 2.93%.Summary of the Stockpile Assaying at Bull River Mine Project   Weight Cu Au Ag CuEq Sample ID (kg) (%) (g/t) (g/t) (%) 28251 1.57 0.85 0.10 5.00 0.97 28252 1.48 0.88 0.11 9.00 1.05 28253 1.59 4.04 0.31 32.00 4.58 28254 1.59 3.86 0.22 30.00 4.31 28255 1.52 1.43 0.25 10.00 1.72 28256 1.56 1.33 0.15 8.00 1.51 28257 1.35 3.63 0.90 27.00 4.57 28258 1.55 3.07 0.39 21.00 3.57 28259 1.78 3.77 0.39 28.00 4.33 28260 1.81 4.80 0.52 35.00 5.53 28261 1.38 2.15 0.25 17.00 2.50 28262 1.38 3.50 0.69 25.00 4.26 28263 1.45 2.41 0.25 17.00 2.76 28264 1.52 1.07 0.06 6.00 1.17 28265 1.56 1.09 0.14 9.00 1.28 28266 1.54 2.25 0.33 16.00 2.65 28267 1.65 2.02 0.43 15.00 2.49   26.28 2.51 0.32 18.45 2.93​ *Copper Equivalent (CuEq) for drill intersections is calculated based on US$ 3.80/lb Cu, US$ 2,000/oz Au and US$ 24/oz Ag with 100% metallurgical recoveries for all metals. Assays have not been capped. The formula used for the calculation is: CuEq = Cu % + ((Au grade) X (Au price / 31)) / (Cu price X 22) + ((Ag grade) X (Ag price/31)) / (Cu price X 22). Previously, the Company announced that it had entered into an Ore Purchase Agreement (\"...