Business
Canadian Critical Minerals Generates USD$185,000 in Revenue from Bull River Mine
Calgary, Alberta--(Newsfile Corp. - March 13, 2025) - Canadian Critical Minerals Inc. (TSXV: CCM...
About this update from Canadian Critical Minerals Inc
[{"type":"text","content":"Canadian Critical Minerals Generates USD$185,000 in Revenue from Bull River MineCalgary, Alberta--(Newsfile Corp. - March 13, 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 February 2025, the Company trucked 542 dry metric tonnes (\"dmt\") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$185,000 for the February 2025 shipments. The mineralized material sent to New Afton graded 4.71% Cu, 0.78 g/t Au and 47.8 g/t Ag.The Company introduced a second sorting crew during the month and sent more material to New Afton in February 2025 relative to the previous two months. The sorter was shut down for annual maintenance in the last week of February 2025. To-date the Company has sent six trucks of pre-concentrated mineralized material to New Afton in March 2025. The Company will not be shipping material to New Afton for the balance of March 2025 due to the imposition of spring road restrictions on unpaved off roads in southern British Columbia. During road restrictions the carrier is restricted to 70% of the total weight of the tractor trailer and truck box which effectively reduces the pay load to 50% of normal. In lieu of hauling mineralized material during road restrictions, the Company has elected to continue sorting material at the mine and resume trucking in early to mid-April 2025 once road restrictions have been removed.Ian Berzins, President and CEO of CCMI commented, \"Road restrictions have been implemented approximately two weeks later than in the spring of 2024 and we are optimistic that the total length of time for road restrictions in 2025 will be less than in 2024. In the interim period, we will continue to sort a high-grade pre-concentrate product and plan to send to New Afton once restrictions are removed.\"Qualified personCCMI's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Gary Low P.Geo., who serves as a Consultant to the Company and is a Qualified Person under the definition of National Instrument 43-101.About Canadian Critical Minerals Inc.CCMI is a mini...