Trend Future Income
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Trend Future Income

Investing

Canadian Critical Minerals Generates USD$95,000 in Revenue from Bull River Mine

by September 19, 2024
September 19, 2024
Canadian Critical Minerals Generates USD$95,000 in Revenue from Bull River Mine

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 August 2024, the Company trucked 434 dry metric tonnes (‘dmt’) of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$95,000 for the August 2024 shipments. The mineralized material sent to New Afton graded 3.33% Cu, 0.64 gt Au and 26.7 gt Ag.

The Company was unable to use the ore sorter for 10 days in early August 2024 because the stockpile of previously crushed and screened coarse material had been exhausted by the end of July 2024 and the contractor responsible for operating the crushing and screening plant incurred delays in remobilizing equipment and crews back to the mine site. This resulted in less concentrated ore being produced by the ore sorter through the month. A larger crushing and screening plant was recommissioned in mid-August 2024 and the unit is performing extremely well. Based on the current levels of productivity the Company expects that the entire surface stockpile, estimated at approximately 180,000 tonnes, will be crushed and screened by late September 2024 to early October 2024. To-date in September 2024, the Company has already exceeded the amount of material trucked to New Afton in August 2024.

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 100% owned Bull River Mine project (>135 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 30% interest in the Thierry Mine project (>1.3 billion lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold.

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/223892

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Hertz Energy Clarifies IR Agreement
next post
Support for Taylor Swift’s get-out-the-vote effort drops sharply among particular voting bloc: poll

You may also like

Bird Flu Vaccine Stocks: 8 Companies Developing H5N1...

3rd Quarter Activities and Appendix 5B

Top 3 Canadian Nickel Stocks of 2024

Red Metal Resources: Advancing High-grade Copper Assets in...

Cosa Resources

Pinnacle Silver and Gold

Is Now a Good Time to Invest in...

Source Rock Royalties

Panelists: Hard Assets Key as Geopolitical Shifts Reshape...

Peter Grandich: Gold Miners Set to Print Cash...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • JONATHAN TURLEY: Biden not the only loser revealed by shocking Hur audio

    • HHS SEC ROBERT F KENNEDY JR: American patients pay more so others can pay less — that stops now

    • Russian attack on bus in Sumy region kills nine, Ukraine says, hours after peace talks

    • Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

    • Biden jokes ‘I’m a young man’ during interview with Special Counsel Robert Hur

    Categories

    • Business (1,654)
    • Investing (4,859)
    • Politics (7,672)
    • Uncategorized (2)
    • World (6,226)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: trendfutureincome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 trendfutureincome.com | All Rights Reserved


    Back To Top