Canadian Critical Minerals Generates USD$179,000 in Revenue from Bull River Mine
Canadian Critical Minerals Inc. (CCMI) reported USD$179,000 in revenue from the sale of stockpiled copper, gold, and silver mineralized material at the Bull River Mine project in September 2024. The company shipped 879 dry metric tonnes of sorted material to New Afton, grading 2.89% Cu, 0.79 g/t Au, and 23.4 g/t Ag.
CCMI has completed crushing and screening of the original 180,000 tonne surface stockpile. To date, they've shipped about 4,000 tonnes under the Ore Purchase Agreement. The company now has 80,000 tonnes of coarse material for sorting, 36,000 tonnes of rejects (grading 0.4-1.0% Cu) for future mill processing, and 60,000 tonnes of fines material (expected to grade 1.39% Cu, 0.29 g/t Au, 11 g/t Ag).
Canadian Critical Minerals Inc. (CCMI) ha riportato USD$179,000 di ricavi dalla vendita di materiale mineralizzato in magazzino di rame, oro e argento presso il progetto Bull River Mine nel settembre 2024. L'azienda ha spedito 879 tonnellate metriche secche di materiale selezionato a New Afton, con un contenuto di 2.89% Cu, 0.79 g/t Au e 23.4 g/t Ag.
CCMI ha completato la frantumazione e la vagliatura dell'originale 180,000 tonnellate di stockpile superficiale. Ad oggi, hanno spedito circa 4,000 tonnellate secondo l'Accordo di Acquisto Minerario. L'azienda ora ha 80,000 tonnellate di materiale grosso da selezionare, 36,000 tonnellate di scarti (con un contenuto di 0.4-1.0% Cu) per un futuro trattamento in mulino, e 60,000 tonnellate di materiale fine (che si prevede avrà un contenuto di 1.39% Cu, 0.29 g/t Au, 11 g/t Ag).
Canadian Critical Minerals Inc. (CCMI) reportó USD$179,000 en ingresos por la venta de material mineralizado de cobre, oro y plata acumulado en el proyecto de la mina Bull River en septiembre de 2024. La empresa envió 879 toneladas métricas secas de material clasificado a New Afton, con una ley de 2.89% Cu, 0.79 g/t Au y 23.4 g/t Ag.
CCMI ha completado la trituración y el cribado del acumulado superficial original de 180,000 toneladas. Hasta la fecha, han enviado alrededor de 4,000 toneladas bajo el Acuerdo de Compra de Mineral. La empresa ahora tiene 80,000 toneladas de material grueso para clasificar, 36,000 toneladas de rechazos (con una ley del 0.4-1.0% Cu) para procesamiento futuro, y 60,000 toneladas de material fino (que se espera tenga una ley de 1.39% Cu, 0.29 g/t Au, 11 g/t Ag).
캐나다 크리티컬 광물 주식회사(CCMI)는 2024년 9월 Bull River Mine 프로젝트에서 비축된 구리, 금, 은 광물성 자재 판매로 179,000달러(USD)의 수익을 보고했습니다. 회사는 879건의 건조 메트릭 톤의 분류된 자재를 New Afton으로 발송했으며, 그 함량은 2.89% Cu, 0.79 g/t Au, 및 23.4 g/t Ag입니다.
CCMI는 원래의 180,000톤 표면 스톡파일의 분쇄 및 선별을 완료했습니다. 현재까지, 그들은 Ore Purchase Agreement에 따라 약 4,000톤을 발송했습니다. 회사는 현재 80,000톤의 조각 자재를 선별할 수 있으며, 36,000톤의 불량품(0.4-1.0% Cu 함량)과 향후 밀가공을 위한 60,000톤의 미세 자재(예상 함량: 1.39% Cu, 0.29 g/t Au, 11 g/t Ag)를 보유하고 있습니다.
Canadian Critical Minerals Inc. (CCMI) a rapporté 179,000 USD de revenus provenant de la vente de matériel minéralisé en stock de cuivre, d'or et d'argent sur le projet de la mine Bull River en septembre 2024. L'entreprise a expédié 879 tonnes métriques sèches de matériel trié vers New Afton, avec une teneur de 2,89% Cu, 0,79 g/t Au et 23,4 g/t Ag.
CCMI a terminé le concassage et le criblage de l'accumulation de surface originale de 180,000 tonnes. À ce jour, ils ont expédié environ 4,000 tonnes dans le cadre de l'Accord d'Achat de Minerai. L'entreprise dispose maintenant de 80,000 tonnes de matériel grossier à trier, 36,000 tonnes de déchets (présentant une teneur de 0,4-1,0% Cu) pour un futur traitement en usine, et 60,000 tonnes de matériel fin (qui devrait avoir une teneur de 1,39% Cu, 0,29 g/t Au, 11 g/t Ag).
Canadian Critical Minerals Inc. (CCMI) berichtete von 179.000 USD an Einnahmen aus dem Verkauf von lagertem mineralisiertem Material aus Kupfer, Gold und Silber im Bull River Mine Projekt im September 2024. Das Unternehmen versendete 879 trockene metrische Tonnen aussortiertes Material nach New Afton mit einer Gehalte von 2,89% Cu, 0,79 g/t Au und 23,4 g/t Ag.
CCMI hat das Zerkleinern und Sieben des ursprünglichen 180.000 Tonnen Oberflächenlagers abgeschlossen. Bis heute haben sie etwa 4.000 Tonnen im Rahmen des Erz-Kauf-Vereinbarung versendet. Das Unternehmen hat nun 80.000 Tonnen grobes Material zur Sortierung, 36.000 Tonnen an Abfällen (mit einem Gehalt von 0,4-1,0% Cu) für die zukünftige Verarbeitung in der Mühle und 60.000 Tonnen feines Material (für das eine Gehalte von 1,39% Cu, 0,29 g/t Au, 11 g/t Ag erwartet wird) zur Verfügung.
- Generated USD$179,000 in revenue from ore sales in September 2024
- Completed processing of 180,000 tonne surface stockpile
- Shipped 4,000 tonnes of mineralized material to date under Ore Purchase Agreement
- 80,000 tonnes of coarse material available for sorting
- 36,000 tonnes of rejects and 60,000 tonnes of fines material suitable for future mill processing
- None.
Calgary, Alberta--(Newsfile Corp. - October 16, 2024) - 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 September 2024, the Company trucked 879 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD
The Company continued to crush and screen the surface stockpile using a larger crushing and screening plant throughout the month. As of October 5th, 2024, the contractor had completed crushing and screening of the remaining material from the original 180,000 tonne surface stockpile. To-date the Company has shipped approximately 4,000 tonnes of mineralized material to New Afton under the Ore Purchase Agreement ("OPA"). Currently the Company has approximately 80,000 tonnes of coarse material that is available for sorting through the Steinert KSS 100 ore sorter prior to shipping to New Afton. There are approximately 36,000 tonnes of rejects from the ore sorting process that are being stockpiled on surface as an initial feed for the BRM mill. Rejects continue to grade between
Ian Berzins, President and CEO of CCMI commented, "Revenues from September 20024 are the second highest monthly total since we implemented the OPA in January 2024. We greatly appreciate the safe and efficient operation of the crushing and screening plant by Tyalta Industries Inc. during processing of the surface stockpile."
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 two near-term 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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FAQ
What was CCMI's revenue from Bull River Mine in September 2024?
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