Canadian Critical Minerals Generates Record Revenues of USD$358,000 from Bull River Mine in May 2025

Rhea-AI Summary

Canadian Critical Minerals Inc. (CCMI) reported record revenues of USD$358,000 from its Bull River Mine project in May 2025. The company shipped 1,437 dry metric tonnes of sorted mineralized material containing copper, gold, and silver to New Afton. The material graded 3.06% Cu, 0.78 g/t Au, and 22.9 g/t Ag. The shipments included previously sorted and stockpiled material from March and April, as well as newly processed material from May. According to CEO Ian Berzins, these sales help offset maintenance costs and fund the permit process for restarting the Bull River Mine while minimizing shareholder dilution.

Positive

• Record monthly revenue of USD$358,000 from mineral sales
• High-grade material content with 3.06% Cu, 0.78 g/t Au and 22.9 g/t Ag
• Sales helping to offset maintenance costs without shareholder dilution
• Progress towards mine restart with permit process funding

Negative

• Mine currently not fully operational, only processing stockpiled material
• Revenue dependent on maintaining dewatered condition of mine

Calgary, Alberta--(Newsfile Corp. - June 10, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report record revenues for the Company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River Mine ("BRM") project near Cranbrook, BC. During the month of May 2025, the Company trucked 1,437 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$358,000 for the May 2025 shipments. The mineralized material sent to New Afton graded 3.06% Cu, 0.78 g/t Au and 22.9 g/t Ag.

During May 2025, the Company trucked high-grade mineralized copper, gold and silver material to New Afton that had been previously sorted and stockpiled at the mine during March and April while road restrictions were in place. In addition, the Company trucked new mineralized material that was processed through the ore sorter in May 2025.

Ian Berzins, President and CEO of CCMI commented, "The sale of mineralized material to New Afton allows the Company to offset care and maintenance costs associated with maintaining the BRM in a dewatered condition and in parallel provides the Company with the requisite funding to complete the permit process to restart the BRM while minimizing dilution to our shareholders."

About Canadian Critical Minerals Inc.

CCMI is a mining company primarily focused on copper production assets in Canada. CCMI's main asset is the 100% owned Bull River Mine project (150 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI also owns a 10% interest in XXIX Metal Corp. which holds a 100% interest in the Thierry copper project near Pickle Lake, Ontario and a 100% interest in the Opemiska copper project near Chapais-Chibougamau, Quebec.

Contact Information
Canadian Critical Minerals Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@canadiancriticalmineralsinc.com
Website: www.canadiancriticalmineralsinc.com

Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.

Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255082

FAQ

What was RIINF's revenue from Bull River Mine in May 2025?

Canadian Critical Minerals generated record revenues of USD$358,000 from Bull River Mine in May 2025.

What is the grade of minerals shipped from Bull River Mine in May 2025?

The mineralized material shipped to New Afton graded 3.06% Cu (copper), 0.78 g/t Au (gold), and 22.9 g/t Ag (silver).

How many tonnes of material did CCMI ship in May 2025?

The company shipped 1,437 dry metric tonnes of sorted mineralized material to New Afton in May 2025.

What is the purpose of CCMI's mineral sales from Bull River Mine?

The sales help offset care and maintenance costs and provide funding for the permit process to restart the mine while minimizing shareholder dilution.

Is Bull River Mine currently fully operational?

No, the mine is not fully operational. The company is currently processing and selling stockpiled material while working on permits to restart the mine.