Canadian Critical Minerals Inc. Reports Revenues from Stockpiled Mineralized Material

Introduction

Calgary, Alberta–(Newsfile Corp. – September 19, 2024) – 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 August 2024, the Company trucked 434 dry metric tonnes (“dmt”) of sorted mineralized material to New Afton and the Company received a provisional payment of approximately USD$95,000 for the August 2024 shipments.

Stockpiled Mineralized Material Sales

The recent sales of stockpiled mineralized material by Canadian Critical Minerals Inc. mark a significant milestone for the Company. With the successful shipment of 434 dry metric tonnes in August 2024, CCMI has demonstrated its ability to generate revenue from its mining operations at the Bull River Mine project.

Impact on CCMI

The provisional payment of approximately USD$95,000 for the August 2024 shipments represents a positive cash flow for Canadian Critical Minerals Inc. This revenue will contribute to the Company’s ongoing operations and further development of the BRM project.

Effect on Stakeholders

Stakeholders of CCMI, including investors, employees, and local communities near the Bull River Mine project, stand to benefit from the Company’s successful sale of stockpiled mineralized material. This revenue injection can lead to increased investment opportunities, job security, and economic growth in the region.

How Will This Affect Me?

As a stakeholder in the mining industry, particularly in relation to Canadian Critical Minerals Inc., the reported revenues from the sale of stockpiled mineralized material can have a direct impact on your investment portfolio. The positive financial results may attract more investors to CCMI, potentially influencing stock prices and overall returns.

How Will This Affect the World?

On a broader scale, the successful sale of mineralized material by CCMI reflects the continued demand for critical minerals such as copper, gold, and silver in the global market. This transaction underscores the importance of responsible mining practices and sustainable resource management to meet the growing needs of various industries worldwide.

Conclusion

The recent revenues reported by Canadian Critical Minerals Inc. from the sale of stockpiled mineralized material highlight the Company’s commitment to operational excellence and financial growth. As CCMI continues to develop its mining projects, stakeholders can expect to see further positive outcomes that contribute to both local economies and the global mineral supply chain.