Canadian Critical Minerals Reports Record $358K Revenue From Bull River Mine
Canadian Critical Minerals Reports Record $358K Revenue From Bull River Mine

Canadian Critical Minerals Reports Record $358K Revenue From Bull River Mine

News summary

Canadian Critical Minerals Inc. reported record revenues of approximately USD $358,000 in May 2025 from the sale of 1,437 dry metric tonnes of high-grade copper, gold, and silver mineralized material from its Bull River Mine near Cranbrook, British Columbia. The mineralized material, graded at 3.06% copper, 0.78 g/t gold, and 22.9 g/t silver, was transported to New Afton's processing facility. This revenue helps offset the costs of maintaining the mine in a dewatered condition and funds the permitting process needed to restart full mining operations, thereby minimizing dilution to shareholders. The company is currently processing and selling stockpiled and newly sorted materials while pursuing a streamlined permit process for the mine's reopening. Canadian Critical Minerals focuses on copper production assets and holds additional interests in copper projects in Ontario and Quebec. Investor sentiment remains cautiously optimistic as the company leverages these revenues to support operational goals without issuing additional shares.

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