Calgary, Alberta--(Newsfile Corp. - May 14, 2024) - Canadian Critical Minerals Inc. (TSXV: CCMI) is pleased to report that it has received additional 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 April 2024, the Company trucked 362 wet metric tonnes ("wmt") of mineralized material to New Afton and the Company received a provisional payment of approximately US$72,445 for the April shipments.  The mineralized material sent to New Afton graded 2.96% Cu, 0.62 g/t Au and 23.1 g/t Ag.

The Company is using a Steinert KSS 100 X-Ray Transmissive Ore Sorter ("Ore Sorter") to pre-concentrate coarse mineralized material from a large surface stockpile at the BRM prior to transporting to New Afton for processing under an Ore Purchase Agreement ("OPA") (see press release dated October 5, 2023, on Sedar+).  Road restrictions, that were imposed by the Ministry of Transportation and Infrastructure of British Columbia on February 24, 2024, to 70% of normal loads in the Cranbrook area, were finally removed on April 24, 2024.  The Company has now resumed trucking operations.

Ian Berzins, President and CEO commented, "With road restrictions now removed in the Cranbrook area, we expect to increase sending high-grade, pre-concentrated stockpile material to New Afton. The run of mine mineralized material from the surface stockpile grades 1.39% copper, 0.29 g/t gold and 11 g/t silver, so we are still seeing grade improvements of over 200% for all metals using the ore sorter.  The stockpile is not totally homogeneous in terms of grade, so we expect to see some fluctuation in results in coming months."

Qualified person

CCMI's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Gary Low, P.Geo., who serves as a Consultant to the Company and is a Qualified Person under the definition of National Instrument 43-101.