Canadian Critical Minerals (TSXV:CCMI) - Short-Term Revenue on Development & Copper Production
Interview with Ian M Berzins, President & CEO of Canadian Critical Minerals Inc. Our previous interview: https://www.cruxinvestor.com/posts/braveheart-resources-bht-stepping-stones-to-success-1338 Recording date: 13th November 2023 Canadian Critical Minerals (TSXV:CCMI) is a Calgary-based mining company focused on copper and battery metals projects in Canada. The company has two main projects - the past-producing Bull River copper mine near Cranbrook, BC, and the Thierry copper project in Ontario. Bull River is Canadian Critical Minerals' flagship project, with existing usable infrastructure of about $100 million. Canadian Critical Minerals has completed dewatering and rehabilitation work to prepare for a restart of mining. The company is awaiting final permits and plans to begin processing material from an on-site 180,000-tonne stockpile in 2024 under an ore purchase agreement with New Gold. This is expected to generate $4-5 million in revenue over 15-18 months to fund ongoing permitting and development. Longer-term plans are to refurbish the underground mine and mill to resume commercial production. The Thierry project is an earlier-stage copper asset with an estimated 1.3 billion pounds of copper. Canadian Critical Minerals recently sold a 61% interest to Orecap Invest Corp. to advance exploration and development, and retains a 39% interest as the company will benefit from milestone payments as resources grow. Canadian Critical Minerals continues to have a tight capital structure and is focused on generating near-term cash flow to fund corporate overhead and advance its projects without further dilution. Upcoming potential catalysts are final permits at Bull River and exploration results from Thierry. View Canadian Critical Minerals company profile here: https://www.cruxinvestor.com/companies/canadian-critical-minerals-inc Sign up for Crux Investor: https://cruxinvestor.com
You May Also Like

SECRETOS DE UN EMPRENDEDOR
Streamla

Marketplace
Marketplace

Marketplace All-in-One
Marketplace

Stock Movers
iHeartPodcasts

Bloomberg Talks
Bloomberg

The Personal Wealth Coach
Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only

How to Trade Stocks and Options Podcast with OVTLYR Live
Christopher M. Uhl, CMA

Mission Matters Business Podcast with Adam Torres
Adam Torres

Mining Stock Daily
Trevor Hall

Fitness Business University Podcast
Vince Gabriele
Community discussion