Looking to revive old Thierry Mine

By Kevin Vincent

Canadian Critical Minerals Inc. announced in July that exploration drilling has begun at the Thierry Mine Project near Pickle Lake as it tries to breathe new life into the old producer.

“We are pleased to begin our initial drilling program at the Thierry Mine project with specific focus on the K1-1 deposit,” said Ian Berzins, President and CEO.

“We plan to build on the results of previous operators. The program is being supervised by Brian Newton who is intimately familiar with the project having supervised previous programs. We believe there is the current Inferred Resource at K1-1.” designed for approximately 2,500 metres of diamond drilling and will focus on expanding upon the K1-1 deposit which is a large tonnage, near surface deposit located approximately 3 km from the past producing Thierry Mine. The K1-1 deposit has a current Inferred Mineral Resource within an optimized Whittle pit shell consisting of the following: 53,614,000 tonnes grading 0.38% Cu, 0.10% Ni, 1.8 g/t Ag, 0.03 g/t Au, 0.05 g/t Pt and 0.14 g/t Pd at a NSR of C$12/tonne (see NI 43-10 Technical Report filing on SEDAR dated February 22, 2021). The current Inferred Resource at K1-1 does not include results from a 7,218-foot drilling program completed by Cadillac Ventures Inc. in the summer of 2012. Eight diamond drill holes were completed outside of the optimized Whittle shell and each hole intersected mineralization with assayed grades comparable to, or better than, those in the current Inferred Resource. Results of this program are included below and can be viewed on SEDAR (see press release by Cadillac Ventures Inc. of September 13, 2012).

The Thierry Project is a past-producing copper and nickel mine located approximately 15 km west of Pickle Lake and accessible on a year-round basis by paved and all-weather roads. The property is approximately 4,700 hectares in size and contains a NI 43-101 mineral resource. There is a municipal airport, nearby rail system and provincial power grid within eight km of the mine. The underground infrastructure includes a three-compartment shaft, production decline to 520 metres below surface and lateral developments on three levels.

About Canadian Critical Minerals

Canadian Critical Minerals Inc. is a mining company primarily focused on two nearterm copper production assets in Canada. CCMI’s main asset is the 100% owned Bull River Mine project (>135 million lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. CCMI’s latest acquisition is the 100% owned Thierry Mine project (>1.3 billion lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum, and gold.