Workflow
Canadian Critical Minerals Generates USD$159,000 in Revenue from Bull River Mine
MTXMTI(MTX) Newsfile·2025-02-25 13:00

Company Overview - Canadian Critical Minerals Inc. (CCMI) is focused on copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project near Cranbrook, British Columbia, which contains copper, gold, and silver resources [4] Revenue and Production - In January 2025, CCMI reported revenues from the sale of stockpiled mineralized material, trucking 415 dry metric tonnes (dmt) to New Afton, resulting in a provisional payment of approximately USD$159,000 [1] - The mineralized material sent to New Afton in January 2025 had grades of 5.37% Cu, 0.75 g/t Au, and 60.7 g/t Ag [1] Operational Challenges - Ore sorting throughput was negatively impacted by winter conditions, requiring additional time for the ore sorter to warm up before operation [2] - The company anticipates sending more material to New Afton in February 2025 compared to the previous two months, despite the total tonnes sent in January being lower than planned [2][3] Management Commentary - Ian Berzins, President and CEO of CCMI, noted that while the total tonnes sent to New Afton were lower than expected, the company achieved some of the highest grades for ore sorting at the Bull River Mine [3]