{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Canadian Critical Minerals (TSXV:CCMI) - Short-Term Revenue on Development & Copper Production","html":"","width":"100%","height":180,"duration":2102,"description":"Interview with Ian M Berzins, President & CEO of Canadian Critical Minerals Inc.\nOur previous interview: https://www.cruxinvestor.com/posts/braveheart-resources-bht-stepping-stones-to-success-1338\nRecording date: 13th November 2023\nCanadian 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. \nBull 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. \nThe 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. \nCanadian 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.\nView Canadian Critical Minerals company profile here: https://www.cruxinvestor.com/companies/canadian-critical-minerals-inc\nSign up for Crux Investor: https://cruxinvestor.com","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}