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Canadian Critical Minerals Announces Results of Annual General and Special Meeting
Newsfile· 2025-05-05 15:49
Group 1: Company Announcements - Canadian Critical Minerals Inc. (CCMI) held its annual and special meeting on April 29, 2025, where shareholders approved all business matters, including the re-election of directors and the appointment of auditors [1] - The shareholders also approved the Company's rolling stock option plan [1] Group 2: Operational Updates - CCMI shipped 11 trucks of high-grade mineralized copper material to New Afton in the last three days of April 2025, following the removal of road restrictions by the Ministry of Transportation and Infrastructure of British Columbia [2] - The Company plans to continue trucking higher-grade mineralized copper material to New Afton throughout May 2025, utilizing both stockpiled material and new material processed through the ore sorter [2] Group 3: Company Profile - CCMI is primarily focused on two near-term copper production assets in Canada, with its main asset being the 100% owned Bull River Mine project, which contains over 150 million pounds of copper [3] - The Company also holds a 10% interest in XXIX Metals Corp., which owns the Thierry copper project and the Opemiska copper project [3]
Canadian Critical Minerals Generates USD$79,000 in Revenue from Bull River Mine
Newsfile· 2025-04-28 14:56
Group 1: 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 [5] - The company also holds a 10% interest in XXIX Metal Corp., which owns the Thierry Mine copper project in Ontario and the Opemiska Mine copper project in Quebec [5] Group 2: Recent Operational Updates - In March 2025, CCMI trucked 254 dry metric tonnes of sorted mineralized material to New Afton, receiving a provisional payment of approximately USD$79,000 for these shipments [1] - The mineralized material sent to New Afton had grades of 3.14% copper, 0.82 g/t gold, and 25.2 g/t silver [1] - The company faced operational challenges due to spring road restrictions in southern British Columbia, limiting the payload to 50% of normal, which affected the volume of material transported [2] - Operational issues with the x-ray transmissive ore sorter led to a lower copper grade than planned for March 2025; however, these issues have been resolved, and the sorter is now functioning effectively [3] Group 3: Future Plans - CCMI plans to resume trucking of mineralized material in late April to early May 2025 once road restrictions are lifted [2] - All rejects from sorting have sufficient grades to be processed at the Bull River Mine once the mill is re-permitted to operate [3]