Mr. Ian Berzins reports
CANADIAN CRITICAL MINERALS GENERATES REVENUES OF USD$130,000 FROM THE BULL RIVER MINE IN JUNE 2025
Canadian Critical Minerals Inc. had revenues for the company from the sale of stockpiled copper, gold and silver mineralized material at the Bull River mine (BRM) project near Cranbrook, B.C. During the month of June, 2025, the company trucked 1,614 dry metric tonnes (dmt) of unsorted mineralized fine material to New Afton and the company received a provisional payment of approximately $130,000 (U.S.) for the June, 2025, shipments. The mineralized material sent to New Afton graded 1.17 per cent Cu (copper), 0.20 g/t (gram per tonne) Au (gold) and 12.2 g/t Ag (silver).
During June, 2025, the company only trucked mineralized fines to New Afton containing copper, gold and silver material. The company currently has a stockpile of approximately 60,000 tonnes of mineralized fine material that was separated from the original 180,000-tonne surface stockpile of mineralized material by screening and crushing operations in 2024. The fines are less than five-eighths inches in size and too small to be effectively sorted through the Steinert ore sorter. All fines are run of mine material that was brought to surface from the underground workings between 1996 and 2010.
The company continued to operate the ore sorter in June, 2025, thereby creating a temporary stockpile of high-grade mineralized material that will be sent to New Afton in July, 2025, in addition to newly sorted coarse material produced during July, 2025. The company recognized the potential economic viability of sending fines to New Afton due to strong metal prices and did not want to co-mingle fines and high-grade coarse material during the same month. The June, 2025, results indicate that fines can be sent to New Afton and revenues from the sale are sufficient to offset trucking costs and a portion of care and maintenance costs at the BRM. The fines stockpile is not homogenous and results from June, 2025, are slightly below the expected grade of the insitu stockpile but not entirely unexpected.
Ian Berzins, president and chief executive officer of Canadian Critical Minerals, commented: "The sale of fine mineralized material to New Afton at a modest profit margin allows the company to offset care and maintenance costs associated with maintaining the BRM in a dewatered condition whilst advancing the permitting process. In July, 2025, the company plans to send the equivalent of two months of sorted material with expected results like May, 2025."
About Canadian Critical Minerals Inc.
Canadian Critical Minerals is a mining company primarily focused on copper production assets in Canada. Canadian Critical Minerals' main asset is the 100-per-cent-owned Bull River mine project (150 million pounds of copper) near Cranbrook, B.C., which has a mineral resource containing copper, gold and silver. Canadian Critical Minerals also owns a 10-per-cent interest in XXIX Metal Corp., which holds a 100-per-cent interest in the Thierry copper project near Pickle Lake, Ont., and a 100-per-cent interest in the Opemiska copper project near Chapais-Chibougamau, Que.
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