Canadian Critical Minerals Generates USD$185,000 in Revenue from Bull River Mine
Canadian Critical Minerals (CCMI) has reported revenue of USD$185,000 from its Bull River Mine project near Cranbrook, BC. The company shipped 542 dry metric tonnes of sorted mineralized material to New Afton in February 2025, containing grades of 4.71% Cu, 0.78 g/t Au and 47.8 g/t Ag.
The company expanded operations by adding a second sorting crew, though operations were briefly paused for annual maintenance in late February. While six trucks of pre-concentrated material were shipped in early March, further shipments are temporarily suspended due to spring road restrictions in southern British Columbia, which reduce payload capacity to 50%. CCMI plans to resume full shipping operations in early to mid-April 2025 once restrictions are lifted.
Canadian Critical Minerals (CCMI) ha riportato un fatturato di USD$185.000 dal suo progetto Bull River Mine vicino a Cranbrook, BC. L'azienda ha spedito 542 tonnellate metriche secche di materiale mineralizzato selezionato a New Afton nel febbraio 2025, contenente gradi di 4,71% Cu, 0,78 g/t Au e 47,8 g/t Ag.
L'azienda ha ampliato le operazioni aggiungendo un secondo team di selezione, anche se le operazioni sono state brevemente sospese per la manutenzione annuale a fine febbraio. Mentre sei camion di materiale pre-concentrato sono stati spediti all'inizio di marzo, ulteriori spedizioni sono temporaneamente sospese a causa delle restrizioni stradali primaverili nel sud della Columbia Britannica, che riducono la capacità di carico al 50%. CCMI prevede di riprendere le operazioni di spedizione complete all'inizio o a metà aprile 2025, una volta che le restrizioni saranno revocate.
Canadian Critical Minerals (CCMI) ha reportado ingresos de USD$185,000 de su proyecto Bull River Mine cerca de Cranbrook, BC. La empresa envió 542 toneladas métricas secas de material mineralizado clasificado a New Afton en febrero de 2025, que contenía grados de 4.71% Cu, 0.78 g/t Au y 47.8 g/t Ag.
La empresa amplió sus operaciones añadiendo un segundo equipo de clasificación, aunque las operaciones se pausaron brevemente para el mantenimiento anual a finales de febrero. Mientras que seis camiones de material preconcentrado fueron enviados a principios de marzo, los envíos adicionales están temporalmente suspendidos debido a las restricciones viales de primavera en el sur de Columbia Británica, que reducen la capacidad de carga al 50%. CCMI planea reanudar las operaciones de envío completas a principios o mediados de abril de 2025 una vez que se levanten las restricciones.
캐나다 크리티컬 미네랄스 (CCMI)는 BC주 크랜브룩 근처의 벌 리버 광산 프로젝트에서 USD$185,000의 수익을 보고했습니다. 이 회사는 2025년 2월에 뉴 애프턴으로 542건의 건조 메트릭 톤의 선별된 광물화 물질을 배송했으며, 그 성분은 4.71% Cu, 0.78 g/t Au 및 47.8 g/t Ag입니다.
회사는 두 번째 선별 팀을 추가하여 운영을 확장했지만, 2월 말 연간 유지보수를 위해 운영이 잠시 중단되었습니다. 3월 초에 6대의 전처리된 물질이 배송되었지만, 추가 배송은 남부 브리티시컬럼비아의 봄철 도로 제한으로 인해 일시적으로 중단되었습니다. 이로 인해 적재 용량이 50%로 감소합니다. CCMI는 제한이 해제된 후 2025년 4월 초 또는 중반에 완전한 배송 운영을 재개할 계획입니다.
Canadian Critical Minerals (CCMI) a rapporté un chiffre d'affaires de USD$185,000 provenant de son projet Bull River Mine près de Cranbrook, BC. L'entreprise a expédié 542 tonnes métriques sèches de matériau minéralisé trié à New Afton en février 2025, contenant des teneurs de 4,71% Cu, 0,78 g/t Au et 47,8 g/t Ag.
L'entreprise a élargi ses opérations en ajoutant une deuxième équipe de tri, bien que les opérations aient été brièvement suspendues pour maintenance annuelle fin février. Bien que six camions de matériel préconcentré aient été expédiés début mars, d'autres expéditions sont temporairement suspendues en raison des restrictions routières printanières dans le sud de la Colombie-Britannique, qui réduisent la capacité de charge à 50%. CCMI prévoit de reprendre ses opérations d'expédition complètes début ou mi-avril 2025, une fois les restrictions levées.
Canadian Critical Minerals (CCMI) hat einen Umsatz von USD$185.000 aus seinem Bull River Mine-Projekt in der Nähe von Cranbrook, BC, gemeldet. Das Unternehmen hat im Februar 2025 542 trockene metrische Tonnen sortiertes mineralisiertes Material nach New Afton verschifft, das Gehalte von 4,71% Cu, 0,78 g/t Au und 47,8 g/t Ag enthält.
Das Unternehmen hat seine Aktivitäten ausgeweitet, indem es ein zweites Sortierteam hinzugefügt hat, obwohl die Arbeiten Ende Februar kurzzeitig für die jährliche Wartung unterbrochen wurden. Während Anfang März sechs Lkw mit vorkonzentriertem Material verschifft wurden, sind weitere Sendungen vorübergehend aufgrund von Frühjahrsstraßenbeschränkungen im Süden von British Columbia ausgesetzt, die die Tragfähigkeit auf 50% reduzieren. CCMI plant, die vollständigen Versandoperationen Anfang bis Mitte April 2025 wieder aufzunehmen, sobald die Beschränkungen aufgehoben sind.
- Generated USD$185,000 in revenue from mineral sales in February 2025
- Added second sorting crew to increase operational capacity
- High-grade material with 4.71% Cu, 0.78 g/t Au and 47.8 g/t Ag
- Temporary suspension of shipping operations due to road restrictions
- Reduced payload capacity to 50% affecting operational efficiency
Calgary, 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
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
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 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/244529
FAQ
How much revenue did RIINF generate from Bull River Mine in February 2025?
What are the mineral grades from RIINF's Bull River Mine February 2025 shipments?
Why did RIINF suspend shipments from Bull River Mine in March 2025?
When will RIINF resume full shipping operations from Bull River Mine?
