Canadian Critical Minerals Generates USD$198,000 in Revenue from Bull River Mine
Canadian Critical Minerals (TSXV: CCMI, OTCQB: RIINF) reported revenue of USD$198,000 from its Bull River Mine project near Cranbrook, BC. In November 2024, the company shipped 524 dry metric tonnes of sorted mineralized material to New Afton, grading 5.02% Cu, 1.05 g/t Au and 50.4 g/t Ag.
To date, the company has shipped approximately 5,825 tonnes under the Ore Purchase Agreement, including 4,625 tonnes of sorted material and 1,200 tonnes of unsorted fines. Winter conditions affected ore sorting throughput, though grades achieved were the highest to date. The company maintains a stockpile of approximately 60,000 tonnes of fine material, grading 1.39% copper, 0.29 g/t gold and 11 g/t silver.
Canadian Critical Minerals (TSXV: CCMI, OTCQB: RIINF) ha riportato un fatturato di 198.000 USD dal suo progetto Bull River Mine vicino a Cranbrook, BC. Nel novembre 2024, l'azienda ha spedito 524 tonnellate metriche secche di materiale mineralizzato selezionato a New Afton, con una gradazione di 5,02% Cu, 1,05 g/t Au e 50,4 g/t Ag.
Fino ad oggi, l'azienda ha spedito circa 5.825 tonnellate nell'ambito dell'Accordo di Acquisto Minerario, comprese 4.625 tonnellate di materiale selezionato e 1.200 tonnellate di materiali non selezionati. Le condizioni invernali hanno influenzato la capacità di smistamento del minerale, sebbene i gradi raggiunti siano stati i più alti fino ad oggi. L'azienda mantiene una riserva di circa 60.000 tonnellate di materiale fine, con una gradazione di 1,39% di rame, 0,29 g/t di oro e 11 g/t di argento.
Canadian Critical Minerals (TSXV: CCMI, OTCQB: RIINF) reportó ingresos de 198,000 USD de su proyecto Bull River Mine cerca de Cranbrook, BC. En noviembre de 2024, la compañía envió 524 toneladas métricas secas de material mineralizado clasificado a New Afton, con una calificación de 5.02% Cu, 1.05 g/t Au y 50.4 g/t Ag.
Hasta la fecha, la compañía ha enviado aproximadamente 5,825 toneladas bajo el Acuerdo de Compra de Mineral, incluyendo 4,625 toneladas de material clasificado y 1,200 toneladas de finos no clasificados. Las condiciones invernales afectaron el rendimiento del clasificado de mineral, aunque los grados alcanzados fueron los más altos hasta ahora. La compañía mantiene un stockpile de aproximadamente 60,000 toneladas de material fino, con una calificación de 1.39% de cobre, 0.29 g/t de oro y 11 g/t de plata.
캐나다 비판 광물(Canadian Critical Minerals) (TSXV: CCMI, OTCQB: RIINF)은 BC주 크랜브룩 근처의 불 리버 광산 프로젝트에서 198,000 USD의 수익을 보고했습니다. 2024년 11월, 이 회사는 새로운 아프톤(New Afton)으로 선별된 광물화된 물질 524 건조 미터톤을 배송하였으며, 품질은 5.02% Cu, 1.05 g/t Au 및 50.4 g/t Ag입니다.
현재까지, 이 회사는 광물 구매 계약에 따라 약 5,825톤을 배송했으며, 여기에는 4,625톤의 선별된 물질과 1,200톤의 비선별 미세물질이 포함됩니다. 겨울철 날씨는 광석 분류 처리량에 영향을 미쳤지만, 지금까지 달성된 품질은 가장 높았습니다. 이 회사는 1.39% 구리, 0.29 g/t 금 및 11 g/t 은의 품질을 가진 약 60,000톤의 미세물질 재고를 유지하고 있습니다.
Canadian Critical Minerals (TSXV: CCMI, OTCQB: RIINF) a rapporté des recettes de 198 000 USD provenant de son projet Bull River Mine près de Cranbrook, BC. En novembre 2024, la société a expédié 524 tonnes métriques sèches de matériel minéralisé trié à New Afton, avec une teneur de 5,02% Cu, 1,05 g/t Au et 50,4 g/t Ag.
À ce jour, la société a expédié environ 5 825 tonnes dans le cadre de l'Accord d'Achat de Minerai, y compris 4 625 tonnes de matériel trié et 1 200 tonnes de fines non triées. Les conditions hivernales ont affecté le rendement du tri du minerai, bien que les teneurs atteintes aient été les plus élevées à ce jour. L'entreprise maintient un stock d'environ 60 000 tonnes de matériel fin, avec une teneur de 1,39% de cuivre, 0,29 g/t d'or et 11 g/t d'argent.
Canadian Critical Minerals (TSXV: CCMI, OTCQB: RIINF) berichtete von Einnahmen in Höhe von 198.000 USD aus seinem Bull River Mine-Projekt in der Nähe von Cranbrook, BC. Im November 2024 versandte das Unternehmen 524 trockene metrische Tonnen sortiertes mineralisiertes Material an New Afton mit einem Gehalt von 5,02% Cu, 1,05 g/t Au und 50,4 g/t Ag.
Bis heute hat das Unternehmen etwa 5.825 Tonnen im Rahmen des Erz-Kaufsvertrags verschickt, einschließlich 4.625 Tonnen sortierten Materials und 1.200 Tonnen ungesorteter Feinmaterialien. Winterliche Bedingungen haben den Durchsatz der Erzsortierung beeinträchtigt, obwohl die erreichten Gehalte die bisher höchsten waren. Das Unternehmen hält einen Vorrat von etwa 60.000 Tonnen Feinmaterial mit einem Gehalt von 1,39% Kupfer, 0,29 g/t Gold und 11 g/t Silber.
- Generated USD$198,000 in revenue from November 2024 shipments
- Achieved highest grades to date through sorting operations (5.02% Cu, 1.05 g/t Au, 50.4 g/t Ag)
- Maintains significant stockpile of 60,000 tonnes of fine material for future processing
- Winter conditions adversely affected ore sorting throughput and operations
- Fine material requires mill restart permission before processing
Calgary, Alberta--(Newsfile Corp. - December 18, 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 November 2024, the Company trucked 524 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 resulting in less material produced for shipment to New Afton. However, grades for copper, gold and silver were the highest yet achieved through sorting operations. To-date the Company has shipped approximately 5,825 tonnes of mineralized material to New Afton under the Ore Purchase Agreement ("OPA"). Shipped material includes 4,625 tonnes of sorted material and 1,200 tonnes of unsorted fines. Rejects from the sorting process continue to grade between
Ian Berzins, President and CEO of CCMI commented, "The mine encountered some new challenges with ore sorting during winter conditions. The coarse stockpile is open to the environment. A mid-month snowstorm deposited snow on the stockpile resulting in higher moisture reporting to the ore sorter and a requirement to shut down for more frequent cleaning."
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 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
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