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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

Comment by reddog11on Nov 22, 2022 6:18pm
157 Views
Post# 35120186

RE:Mine operation

RE:Mine operationmedford,

The news release of October 21 should answer your question about the ore pile.
Its my understanding the ore pile can be sold anytime. That would be selling as is. BHT had wanted to get the mill running to process it on our own. This would need the permit which we still do not have.

News release on October 6 was the decision that the project was "Non- Reviewable". Thats a big big deal,but not a permit...yet. Governments move so slow and holidays are horrid for movement.

I believe Ian had done every thing possible. The share dilution is minimal and BHT is trying to still move forward with drilling while they wait.

If the permit delays continue BHT can sell the ore pile as is anytime and woould add a nice bit of money to open the mine.

JMO

RD
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