Canadian Critical Minerals Generates USD$79,000 in Revenue from Bull River Mine
Canadian Critical Minerals reports revenue from its Bull River Mine project near Cranbrook, BC for March 2025. The company shipped 254 dry metric tonnes of sorted copper, gold, and silver mineralized material to New Afton, generating a provisional payment of approximately USD$79,000.
Key highlights:
- Material grades: 3.14% Cu, 0.82 g/t Au, and 25.2 g/t Ag
- Limited to six truck shipments due to spring road restrictions
- Carriers restricted to 70% total weight, reducing payload to 50%
The company faced operational challenges with x-ray transmissive ore sorter sensors, resulting in lower copper grades. These issues have been resolved, though early March saw higher copper content in rejects than usual. All rejected material maintains sufficient grade for future processing once the mill receives operating permits.
Trading symbols: TSXV: CCMI | OTCQB: RIINF
Canadian Critical Minerals comunica i ricavi derivanti dal progetto Bull River Mine vicino a Cranbrook, BC, per marzo 2025. L'azienda ha spedito 254 tonnellate metriche secche di materiale mineralizzato selezionato contenente rame, oro e argento a New Afton, generando un pagamento provvisorio di circa 79.000 USD.
Punti salienti:
- Gradi del materiale: 3,14% Cu, 0,82 g/t Au e 25,2 g/t Ag
- Limitato a sei spedizioni con camion a causa delle restrizioni stradali primaverili
- Trasportatori limitati al 70% del peso totale, riducendo il carico utile al 50%
L’azienda ha affrontato sfide operative con i sensori del selezionatore di minerale a raggi X, che hanno causato una riduzione dei gradi di rame. Questi problemi sono stati risolti, anche se all’inizio di marzo si è registrato un contenuto di rame più elevato nei materiali scartati rispetto al normale. Tutto il materiale scartato mantiene un grado sufficiente per un futuro trattamento una volta che il mulino otterrà i permessi operativi.
Simboli di borsa: TSXV: CCMI | OTCQB: RIINF
Canadian Critical Minerals informa sobre los ingresos de su proyecto Bull River Mine cerca de Cranbrook, BC, para marzo de 2025. La compañía envió 254 toneladas métricas secas de material mineralizado clasificado con cobre, oro y plata a New Afton, generando un pago provisional de aproximadamente 79,000 USD.
Puntos clave:
- Calidades del material: 3.14% Cu, 0.82 g/t Au y 25.2 g/t Ag
- Limitado a seis envíos por camión debido a restricciones viales de primavera
- Transportistas limitados al 70% del peso total, reduciendo la carga útil al 50%
La compañía enfrentó desafíos operativos con los sensores del separador de mineral transmisor de rayos X, lo que resultó en grados de cobre más bajos. Estos problemas se han resuelto, aunque a principios de marzo se observó un contenido de cobre más alto en los rechazos de lo habitual. Todo el material rechazado mantiene un grado suficiente para procesamiento futuro una vez que el molino reciba los permisos operativos.
Símbolos bursátiles: TSXV: CCMI | OTCQB: RIINF
Canadian Critical Minerals은 2025년 3월 크랜브룩, BC 인근의 Bull River Mine 프로젝트에서 발생한 수익을 보고했습니다. 회사는 구리, 금, 은이 함유된 선별된 광물질 254건조미터톤을 New Afton으로 운송하여 약 79,000 미국 달러의 임시 지급금을 받았습니다.
주요 내용:
- 광물 등급: 구리 3.14%, 금 0.82 g/t, 은 25.2 g/t
- 봄철 도로 제한으로 인해 트럭 운송 6회로 제한
- 운송 차량은 총 중량의 70%로 제한되어 적재량이 50%로 감소
회사는 엑스레이 투과 광석 선별기 센서 문제로 인해 구리 등급이 낮아지는 운영상의 어려움을 겪었으나, 문제는 해결되었습니다. 다만 3월 초에는 거부된 물질에서 평소보다 높은 구리 함량이 관찰되었습니다. 모든 거부된 물질은 제분소가 운영 허가를 받을 경우 향후 처리에 충분한 등급을 유지하고 있습니다.
거래 심볼: TSXV: CCMI | OTCQB: RIINF
Canadian Critical Minerals rapporte les revenus de son projet Bull River Mine près de Cranbrook, BC, pour mars 2025. La société a expédié 254 tonnes métriques sèches de matériau minéralisé trié contenant du cuivre, de l’or et de l’argent à New Afton, générant un paiement provisoire d’environ 79 000 USD.
Points clés :
- Teneurs du matériau : 3,14 % Cu, 0,82 g/t Au et 25,2 g/t Ag
- Limité à six expéditions par camion en raison des restrictions routières printanières
- Transporteurs limités à 70 % du poids total, réduisant la charge utile à 50 %
La société a rencontré des difficultés opérationnelles avec les capteurs du trieur de minerai transmissif aux rayons X, entraînant des teneurs en cuivre plus faibles. Ces problèmes ont été résolus, bien qu’au début mars, le contenu en cuivre des rejets ait été plus élevé que d’habitude. Tout le matériau rejeté conserve une teneur suffisante pour un traitement futur une fois que l’usine obtiendra les permis d’exploitation.
Symboles boursiers : TSXV : CCMI | OTCQB : RIINF
Canadian Critical Minerals berichtet über die Einnahmen aus seinem Bull River Mine-Projekt in der Nähe von Cranbrook, BC, für März 2025. Das Unternehmen hat 254 trockene metrische Tonnen sortiertes kupfer-, gold- und silberhaltiges mineralisiertes Material nach New Afton geliefert und eine vorläufige Zahlung von etwa 79.000 USD erhalten.
Wichtige Highlights:
- Materialgehalte: 3,14 % Cu, 0,82 g/t Au und 25,2 g/t Ag
- Auf sechs LKW-Lieferungen aufgrund von Straßenbeschränkungen im Frühjahr begrenzt
- Transporter sind auf 70 % des Gesamtgewichts beschränkt, wodurch die Nutzlast auf 50 % reduziert wird
Das Unternehmen hatte betriebliche Herausforderungen mit Röntgendurchlässigen Erzsortiersensoren, was zu niedrigeren Kupfergehalten führte. Diese Probleme wurden behoben, obwohl Anfang März ein höherer Kupferanteil in den Abfällen als üblich festgestellt wurde. Das gesamte zurückgewiesene Material hat weiterhin ausreichende Gehalte für eine zukünftige Verarbeitung, sobald die Mühle Betriebsgenehmigungen erhält.
Handelssymbole: TSXV: CCMI | OTCQB: RIINF
- Generated USD$79,000 in revenue from March 2025 shipments
- Shipped material with valuable mineral content: 3.14% Cu, 0.82 g/t Au and 25.2 g/t Ag
- Stockpiled material can be reprocessed at Bull River Mine once mill is re-permitted
- Lower than planned copper grade due to X-ray sorter sensor issues
- Reduced shipping capacity (50% of normal) due to spring road restrictions
- Higher copper content in rejects stream indicates processing inefficiency
- Mill requires re-permitting before processing can begin
Calgary, Alberta--(Newsfile Corp. - April 28, 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 March 2025, the Company trucked 254 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD
The Company only sent six trucks of pre-concentrated mineralized material to New Afton in March 2025 due to the imposition of spring road restrictions on unpaved off roads in southern British Columbia in early March. During road restrictions, the carrier is restricted to
Copper grade for March 2025 was lower than planned due to operational issues with the sensors on the x-ray transmissive ore sorter. Operational issues with the sorter have been resolved and the sorter is working well. Effectively less copper reported to the high-grade stream in early March and rejects from the sorter had higher copper content than in previous months. All rejects from sorting have sufficiently high enough grade that they can be processed at the BRM once the mill has been re-permitted to operate.
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.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249960
FAQ
How much revenue did RIINF generate from Bull River Mine copper sales in March 2025?
What are the metal grades in RIINF's March 2025 Bull River Mine shipments?
Why did RIINF reduce shipments from Bull River Mine in March 2025?
What caused lower copper grades at RIINF's Bull River Mine in March 2025?
When will RIINF resume full shipments from Bull River Mine after March 2025 restrictions?
