Canadian Critical Minerals Generates USD$159,000 in Revenue from Bull River Mine
Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) has reported USD$159,000 in revenue from the sale of stockpiled copper, gold and silver mineralized material from its Bull River Mine project near Cranbrook, BC.
During January 2025, the company trucked 415 dry metric tonnes of sorted mineralized material to New Afton, with impressive grades of 5.37% Cu, 0.75 g/t Au and 60.7 g/t Ag. The company noted that ore sorting throughput was negatively affected by winter conditions, which required additional time for equipment warm-up.
Despite shipping lower tonnage than planned, CEO Ian Berzins highlighted that the company "achieved some of the highest grades yet for ore sorting at the Bull River Mine." CCMI expects to send more material to New Afton in February 2025 compared to the previous two months, depending on manpower availability.
Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ha riportato 159.000 USD di fatturato dalla vendita di materiale mineralizzato di rame, oro e argento accumulato dal suo progetto Bull River Mine vicino a Cranbrook, BC.
Durante gennaio 2025, l'azienda ha trasportato 415 tonnellate metriche secche di materiale mineralizzato selezionato a New Afton, con gradi impressionanti di 5,37% Cu, 0,75 g/t Au e 60,7 g/t Ag. L'azienda ha notato che il rendimento della selezione del minerale è stato negativamente influenzato dalle condizioni invernali, che hanno richiesto più tempo per il riscaldamento delle attrezzature.
Nonostante abbia spedito un tonnellaggio inferiore rispetto a quanto pianificato, il CEO Ian Berzins ha sottolineato che l'azienda "ha raggiunto alcuni dei gradi più elevati mai ottenuti nella selezione del minerale al Bull River Mine." CCMI prevede di inviare più materiale a New Afton a febbraio 2025 rispetto ai due mesi precedenti, a seconda della disponibilità di manodopera.
Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ha informado 159,000 USD en ingresos por la venta de material mineralizado de cobre, oro y plata acumulado de su proyecto Bull River Mine cerca de Cranbrook, BC.
Durante enero de 2025, la compañía transportó 415 toneladas métricas secas de material mineralizado clasificado a New Afton, con impresionantes grados de 5.37% Cu, 0.75 g/t Au y 60.7 g/t Ag. La empresa señaló que el rendimiento de la clasificación de mineral se vio afectado negativamente por las condiciones invernales, lo que requirió más tiempo para el calentamiento del equipo.
A pesar de enviar un tonelaje inferior al planeado, el CEO Ian Berzins destacó que la empresa "logró algunos de los grados más altos hasta ahora en la clasificación de mineral en el Bull River Mine." CCMI espera enviar más material a New Afton en febrero de 2025 en comparación con los dos meses anteriores, dependiendo de la disponibilidad de mano de obra.
캐나다 크리티컬 미네랄스 Inc. (TSXV: CCMI) (OTCQB: RIINF)는 159,000 USD의 수익을 보고했습니다. 이는 BC주 크랜브룩 근처의 불 리버 광산 프로젝트에서 보관된 구리, 금, 은 광물화된 물질의 판매에서 발생한 것입니다.
2025년 1월 동안, 회사는 415건의 건조 메트릭 톤의 분류된 광물화 물질을 뉴 애프턴으로 운송했으며, 이 물질은 5.37% Cu, 0.75 g/t Au 및 60.7 g/t Ag의 인상적인 품질을 보였습니다. 회사는 겨울철의 조건이 광석 분류의 처리량에 부정적인 영향을 미쳤으며, 장비의 예열에 추가적인 시간이 필요했다고 언급했습니다.
계획보다 낮은 톤수를 발송했음에도 불구하고, CEO 이안 베르진스는 회사가 "불 리버 광산에서 광석 분류에 있어 지금까지의 최고 품질을 달성했다"고 강조했습니다. CCMI는 인력의 가용성에 따라 2025년 2월에 이전 두 달보다 더 많은 물질을 뉴 애프턴으로 보낼 것으로 예상하고 있습니다.
Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) a rapporté 159 000 USD de revenus provenant de la vente de matériaux minéralisés de cuivre, d'or et d'argent stockés de son projet Bull River Mine près de Cranbrook, BC.
En janvier 2025, l'entreprise a transporté 415 tonnes métriques sèches de matériaux minéralisés triés vers New Afton, avec des teneurs impressionnantes de 5,37 % Cu, 0,75 g/t Au et 60,7 g/t Ag. L'entreprise a noté que le débit de tri des minerais a été négativement affecté par les conditions hivernales, ce qui a nécessité plus de temps pour le réchauffement de l'équipement.
Bien qu'elle ait expédié un tonnage inférieur à celui prévu, le PDG Ian Berzins a souligné que l'entreprise "a atteint certains des plus hauts grades jamais obtenus pour le tri des minerais à la Bull River Mine." CCMI s'attend à envoyer plus de matériel à New Afton en février 2025 par rapport aux deux mois précédents, en fonction de la disponibilité de la main-d'œuvre.
Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) hat 159.000 USD Umsatz aus dem Verkauf von lagerndem mineralisiertem Material aus Kupfer, Gold und Silber von seinem Bull River Mine-Projekt in der Nähe von Cranbrook, BC, gemeldet.
Im Januar 2025 transportierte das Unternehmen 415 trockene metrische Tonnen sortiertes mineralisiertes Material nach New Afton, mit beeindruckenden Gehalten von 5,37% Cu, 0,75 g/t Au und 60,7 g/t Ag. Das Unternehmen stellte fest, dass der Durchsatz der Erzsortierung durch winterliche Bedingungen negativ beeinflusst wurde, was zusätzliche Zeit für das Aufwärmen der Ausrüstung erforderte.
Trotz des Versands von geringerem Tonnage als geplant, hob CEO Ian Berzins hervor, dass das Unternehmen "einige der höchsten Gehalte bei der Erzsortierung im Bull River Mine erreicht hat." CCMI erwartet, im Februar 2025 mehr Material nach New Afton zu senden als in den beiden vorhergehenden Monaten, abhängig von der Verfügbarkeit von Arbeitskräften.
- Generated USD$159,000 in revenue from Bull River Mine in January 2025
- High-grade material with 5.37% Cu, 0.75 g/t Au and 60.7 g/t Ag
- Achieved some of the highest grades yet for ore sorting at Bull River Mine
- Expects increased shipments in February 2025
- Lower than planned tonnage shipped due to winter conditions
- Ore sorting throughput adversely affected by equipment warm-up requirements
- Shipment volume dependent on manpower availability
Calgary, Alberta--(Newsfile Corp. - February 25, 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 January 2025, the Company trucked 415 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD
Ore sorting throughput was adversely affected by winter conditions with additional time required to allow the ore sorter to warm up before being operated. Depending on the availability of manpower, the Company expects to send more material to New Afton in February 2025 relative to the previous two months. The grade of material sent to New Afton in January 2025 was similar to December 2024.
Ian Berzins, President and CEO of CCMI commented, "While the total tonnes sent to New Afton during January 2025 were lower than planned, we once again achieved some of the highest grades yet for ore sorting at the Bull River Mine."
Qualified person
CCMI'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 mining company primarily focused on copper production assets in Canada. CCMI's main asset is the
Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242254
FAQ
How much revenue did Canadian Critical Minerals (RIINF) generate from Bull River Mine in January 2025?
What were the grades of the mineralized material shipped by RIINF from Bull River Mine?
Why was RIINF's ore sorting throughput lower than expected in January 2025?
What are RIINF's shipment expectations for February 2025 from Bull River Mine?
How did the January 2025 mineral grades from RIINF's Bull River Mine compare to previous months?
