Canadian Critical Minerals Generates USD$140,000 in Revenue from Bull River Mine

Rhea-AI Summary

Canadian Critical Minerals (OTCQB: RIINF) reported revenue of USD$144,000 from the sale of stockpiled minerals at its Bull River Mine project. In April 2025, the company shipped 429 dry metric tonnes of sorted mineralized material to New Afton, containing grades of 2.87% Cu, 1.97 g/t Au, and 21.0 g/t Ag.

Operations were temporarily halted due to road restrictions imposed by British Columbia's Ministry of Transportation from March 7, 2025, until late April 2025. The company has now resumed trucking operations and plans to continue shipping both stockpiled higher-grade mineralized material and newly processed material through May 2025.

Positive

• None.

Negative

• Operations were interrupted for over a month due to road restrictions
• Revenue generation limited by transportation constraints

News Market Reaction – RIINF

-4.31%

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-4.31% News Effect

On the day this news was published, RIINF declined 4.31%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Calgary, Alberta--(Newsfile Corp. - May 21, 2025) - Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") is pleased to report 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 April 2025, the Company trucked 429 dry metric tonnes ("dmt") of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$144,000 for the April 2025 shipments. The mineralized material sent to New Afton graded 2.87% Cu, 1.97 g/t Au and 21.0 g/t Ag.

Road restrictions imposed by the Ministry of Transportation and Infrastructure of British Columbia on March 7, 2025 were removed in the last week of April 2025 resulting in the Company's ability to resume trucking to New Afton. During May 2025, the Company will continue to truck higher-grade mineralized copper, gold and silver material to New Afton that was stockpiled at the mine during road restrictions as well as new material that is being processed through the ore sorter in May 2025.

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/252938

FAQ

How much revenue did RIINF generate from Bull River Mine in April 2025?

Canadian Critical Minerals generated USD$144,000 in revenue from selling 429 dry metric tonnes of mineralized material from Bull River Mine in April 2025.

What were the mineral grades in RIINF's April 2025 shipment to New Afton?

The mineralized material shipped to New Afton contained grades of 2.87% copper, 1.97 g/t gold, and 21.0 g/t silver.

Why was RIINF's Bull River Mine operations interrupted in March 2025?

Operations were interrupted due to road restrictions imposed by the Ministry of Transportation and Infrastructure of British Columbia from March 7 to late April 2025.

What are RIINF's plans for Bull River Mine in May 2025?

RIINF plans to continue trucking both stockpiled higher-grade mineralized material and newly processed material through the ore sorter to New Afton in May 2025.