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Canadian Critical Minerals Generates USD$135,000 in Revenue from Bull River Mine
MTIMTI(US:MTX) Newsfileยท2025-09-29 12:00

Core Insights - Canadian Critical Minerals Inc. (CCMI) reported revenues from the sale of stockpiled mineralized material at the Bull River Mine (BRM) project, generating approximately USD$135,000 from 1,448 dry metric tonnes of material shipped in August 2025 [1][2]. Company Overview - CCMI is primarily focused on copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains 150 million lbs of copper along with gold and silver resources [3]. - The company also holds a 9% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec [3]. Financial and Operational Updates - Proceeds from the sale of mineralized material will be utilized to cover ongoing care and maintenance costs at BRM and to support engineering studies for the final permit application to restart mill and underground operations [2]. - As of the end of August 2025, the ore sorter at BRM was decommissioned and returned to its owner in Idaho on September 10, 2025 [2].