Microcap Canadian Critical Minerals is hoping to turn a trickle of revenue into something more substantial now that it has commissioned an ore sorter at its Bull River copper project in eastern British Columbia.
The Toronto-listed company, which has a current market value around C$8 million, aims to use the Steinert KSS 100 ore sorter to pre-concentrate mineralised copper material from surface stockpiles before trucking ore to New Gold’s New Afton mill under an ore purchase agreement.
Canadian Critical Minerals generated modest sales from trucked material earlier this year before road restrictions forced the company to halt activities. It plans to ready higher-grade ore from the sorter ahead of a resumption of trucking.
Canadian Critical Minerals said 100% Bull River has resources containing more than 135 million pounds of copper.
“Once we commission the ore sorter and begin sending high-grade, pre-concentrated stockpiled material to New Afton, revenues for the company are expected to increase,” CEO Ian Berzins said last month.
