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Canadian Critical Minerals Inc V.CCMI

Alternate Symbol(s):  RIINF

Canadian Critical Minerals Inc. is a Canada-based mining company primarily focused on two near-term copper production assets in Canada. The Company’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. It 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. The Thierry Project is a past-producing copper and nickel mine located approximately 15 kilometers (km) west of Pickle Lake, Ontario. The property is approximately 4,700 hectares in size and contains a NI 43-101 mineral resource. Its subsidiaries include Bull River Mineral Corporation, Gallowai Metal Mining Corporation, Grand Mineral Corporation, and Stanfield Mining Group of Canada Ltd.


TSXV:CCMI - Post by User

Post by Wangotango67on Aug 09, 2021 11:52pm
185 Views
Post# 33676743

CONVERSION BENIFITS = 35% RESOURCE YIELD

CONVERSION BENIFITS = 35% RESOURCE YIELDOne ofthe benifits with copper metal conversion besides more profits,is quite similar to the lithium industry.

In the lithium industry, one can convert lithium to lithium carbonate equivalent
known as, LCE, which results in an overall resource increase by - 5.43 x grerater.

How does this relate to a copper mineral resource ?
If a junior converted thier copper sulphide to copper hydroxide, the ratio of copper needed is,
65% copper + 35% sodium chloride.

In short - if a junior has a historical resource between 5 - 8 million tonnnes, and if one uses the median - 7 million tonnes -x 1.35% 
= 9.45 million tonnes ( eq )  ( mineral average + tonnage averaging )

And there it is...
Junior X ( former post  example )  now has a new junior competitor with NEAR same size of resource. ( wink ) That's how a junoor should model thier richer grade resource to compete
with copper peers.

I STRESS - Braveheart is running with a higher cut off, thus, lessoe tonnage is reported.
                     They should lower the cutoof and align with other juniors with lowrer cutoffs.

 
Now.. .one could also say....
The cost of sodium hydroxide would cancel out the profits ?
And my reply ?

Sodium Hydroxide is real cheap -
most likely even cheaper in South AMERICA - due ot al lthe numerous -  salt salars.
$200/ton

COPPER HYDROXIDE FORMULA
65% copper + 35% hydroxide

Each tonne of copper hydroxide formulated = requires 35% hydroxide salts
=  $66/usd ( cheap ) considering the latter profits/ worth of a finished product

Caustic Soda Flakes 99% Grade Lowest Price Sodium Hydroxide

FOB Price: US $ 185-200 / Ton
Min. Order: 54 Tons
  • Classification: Caustic Soda
  • Appearance: Flake
  • Grade Standard: Industrial Grade
  • Solubleness: Soluble Alkali
  • Ionization Capacity: Strong Alkali
  • Quality: First-Class






Now... consider the extremely fast conversion process and it makes a very good
example inwhich a junior could consider -


Just open thoughts....
I haven't a clue what trhis junior has in mind - cept - simple copper concentrate.
I hope my posts have driven it home - making the junior think twice and the profits 
that could be made and how the size of resource could increase based on formulation 
with salt additives  -thus -  stretching the resource size - far greater yields.
And that also translates into mine longevity.



Cheers....

I would hope -
Braveheart has alos considered the efforts of - scanning the current numerous cores 
to see if cobalite is present in the various ores with in this deposit.

Has anyone called the junor ?
Perhaps an update is needed - let shareholders know what the junor is upto.
Far to omany juniors are running in 1st spped - still  spun from 2020 - lol
Time ot wake them up...


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