Business
Canadian Critical Minerals Generates Revenues of USD$130,000 from the Bull River Mine in June 2025
Calgary, Alberta--(Newsfile Corp. - July 14, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI...
About this update from Canadian Critical Minerals Inc
[{"type":"text","content":"Canadian Critical Minerals Generates Revenues of USD$130,000 from the Bull River Mine in June 2025Calgary, Alberta--(Newsfile Corp. - July 14, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) (\"CCMI\" or the \"Company\") is pleased to report revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine (\"BRM\") project near Cranbrook, BC. During the month of June 2025, the Company trucked 1,614 dry metric tonnes (\"dmt\") of unsorted mineralized fine material to New Afton and the Company received a provisional payment of approximately USD$130,000 for the June 2025 shipments. The mineralized material sent to New Afton graded 1.17% Cu, 0.20 g/t Au and 12.2 g/t Ag.During June 2025, the Company only trucked mineralized fines to New Afton containing copper, gold and silver material. The Company currently has a stockpile of approximately 60,000 tonnes of mineralized fine material that was separated from the original 180,000 tonne surface stockpile of mineralized material by screening and crushing operations in 2024. The fines are less than 5/8 inches in size and too small to be effectively sorted through the Steinert ore sorter. All fines are run of mine material that was brought to surface from the underground workings between 1996 and 2010.The Company continued to operate the ore sorter in June 2025 thereby creating a temporary stockpile of high-grade mineralized material that will be sent to New Afton in July 2025 in addition to newly sorted coarse material produced during July 2025. The Company recognized the potential economic viability of sending fines to New Afton due to strong metal prices and did not want to co-mingle fines and high-grade coarse material during the same month. The June 2025 results indicate that fines can be sent to New Afton and revenues from the sale are sufficient to offset trucking costs and a portion of care and maintenance costs at the BRM. The fines stockpile is not homogenous and results from June 2025 are slightly below the expected grade of the insitu stockpile but not entirely unexpected. Ian Berzins, President and CEO of CCMI, commented, \"The sale of fine mineralized material to New Afton at a modest profit margin allows the Company to offset care and maintenance costs associated with maintaining the BRM in a dewatere...