Canadian Critical Minerals Submits Project Description and Information Requirements Table to BC Major Mines Office
Canadian Critical Minerals Submits Project
Description and Information Requirements
Table to BC Major Mines Office
Calgary, Alberta--(Newsfile Corp. - August 27, 2026) - Canadian Critical Minerals Inc.
(TSXV: CCMI)
(OTCQB: RIINF) ("CCMI"
or the
"Company")
is pleased to announce that the Project Description and
proposed Information Requirements Table ("IRT") for the Bull River Mine Legacy Stockpile Project was
submitted to the British Columbia Major Mines Office on July 16, 2026.
The Major Mines Office and
affected First Nations are currently reviewing CCMI's submission.
Further to the Company's news
release of June 22, 2026, this submission was completed within 45 days of previous disclosure.
The submission represents an important step in the regulatory process for amendments to the existing
permits that would enable the processing of existing stockpiled material at the Bull River Mine.
The
Legacy Stockpile Project is focused on processing approximately 155,000 tonnes of mineralized
material that was previously mined from underground workings and currently stored on surface, utilizing
existing site infrastructure without new underground development.
The Project Description and proposed
IRT will support ongoing engagement with provincial regulators and First Nations to define the
information requirements for the future permit application.
The Company believes this phased approach
provides a lower-risk opportunity to advance the project, generate operational experience under
amended permits, and support future development initiatives.
The Company remains committed to meaningful engagement with the Ktunaxa Nation and other affected
First Nations and looks forward to continuing dialogue through the permitting phase.
CCMI has retained Ensero Solutions ("Ensero") to lead the Joint Permit Amendment Application and
supporting technical studies for the Bull River Legacy Stockpile Project.
Ensero is known for providing
insightful solutions to the environmental challenges facing the mining sector clients throughout the
lifecycles of their projects with a focus on environmental assessment, permitting, compliance monitoring,
water management, water treatment, closure, and reclamation.
Additionally, the Company is pleased to announce the reengagement of JDS Energy & Mining Inc.
("JDS") to complete a Preliminary Economic Assessment ("PEA") for the Bull River Mine project.
Originally JDS began work on the PEA in February 2022, but the assessment was suspended in July
2022 when copper metal prices fell from US$4.50 per lb. to US$3.35 per lb.
With improved metal prices
for copper, gold and silver, CCMI expects the PEA to be more robust notwithstanding projected
increases in capital and operating costs.
The Company expects to receive the completed PEA within
120 days.
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 4%
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:
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/311810