Advancing Past-Producing Bull

River Copper Mine Back to

Production

April 24, 2024

1

Forward Looking Statements

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This presentation includes certain (forward looking) statements. All statements other than statements of historical fact, included in this presentation, including without limitation statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of CCMI, are forward looking statements that involve various risks and uncertainties. The mineral resources estimates contained herein are only estimates and no assurance can be given that any particular level of recovery of minerals will be realized or that an identified resource will ever qualify as a commercially mineable or viable deposit which can be legally and economically exploited. In addition, the grade of mineralization ultimately mined may differ from the one indicated by drilling results and the difference may be material. The estimated resources described herein should not be interpreted as assurances of mine life or of the profitability of future operations.

There can be no assurance that foreword looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from CCMI's expectations include, among others, risks related to international operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of copper, gold, silver and cobalt, as well as those factors discussed in the section entitled "Other MD&A Requirements and Additional Disclosure and Risk Factors" in CCMI's Management's Discussion and Analysis available on www.SEDAR.com. Although CCMI has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements.

Cautionary Note to Other Investors Concerning Estimates of Measured, Indicated, and Inferred Resources: Certain tables may use the terms "Measured", "Indicated" and "Inferred" Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, however, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves.

Company Overview

Two Advanced Copper Projects In Canada

  • Copper remains in a long term secular bull market
  • Demand for Copper is forecast to outstrip current global supply
  • 100% interest in Bull River Mine at Cranbrook, B.C.
    • 135 million lbs. of Cu in fully developed underground mine
    • Over $250 million spent on property by previous owners
    • Ore Purchase Agreement in place with New Afton for sale of up to 90,000 tonnes of stockpiled ore
  • 34% interest in Thierry Mine at Pickle Lake, ON
    • 1.3 billion lbs of Cu in underground and surface Resource
    • PEA on underground Resource generates After Tax NPV of C$488M @ 6% discount and IRR of 36% using market consensus for long term copper metal price of US$ 4.05 per lb.

3

Copper Prices per lb. (1Yr / USD)

Source: https://www.macrotrends.net/1476/copper-prices-historical-chart-data

4

Team

Over 35 years of experience building operations

Ian Berzins ICD.D, B.Sc. - President & CEO, Director

  • 35 Years Mining exp.
  • Ran operations at Thompson Creek's Mt Mount Milligan Mine & San Gold's
    Rice lake Mine

Dwayne Vinck CPA. CA - CFO

Over 30 years of experience in public accounting and operates own advisory firm.

CFO of other notable energy & metal public companies

5

Experienced Board

John Morgan B.Sc. - Director

  • President and COO of Atlantic Gold Corporation subsequently acquired for CDN$ 723 million.
  • Over 35 years of experience with increasing responsibility in managing both domestic and international mining operations

Aaron Matlock - Director

  • Entrepreneur in operational logistics, risk and
  • Owns Lucky Drilling Ltd
  • Manages multi-generational agriculture business

Gestur Kristjansson MBA CPA - Director

  • 30 years of experience in accounting, financial management, corporate finance and mergers and acquisitions
  • Over $400 million sourced in equity and debt financings

Heather Kennedy, P.Eng. - Director

  • 23 years of mineral processing plant experience
  • 18 years of policy, regulatory, human resources and community development
  • 20 years she has contributed to numerous not- for-profit and community organizations

David W. Johnston - Director

  • Founder of Braveheart
  • Former miner with Hudson Bay Mining
  • Founded insurance company, Capital Benefits & extensive businesses in Calgary

Chris Stewart P.Eng. - Director

  • 30 Years of management, operational and technical experience in the mining industry
  • Held senior leadership roles including being the President & CEO of Minto Metals, Treasury Metals and Liberty Mines

6

Capital Structure

Shares Outstanding

261,686,018 (April 24, 2024)

Warrants ($0.12)

33,866,124 (April 24, 2024)

Options ($0.074)

23,250,000 (April 24, 2024)

Market Cap

$17.00 M (April 24, 2024)

Share Price

$0.065 (April 24, 2024)

Cash & Equivalent

$0.10

M (April 24, 2024)

Long term debt

$0.20

M (April 24, 2024)

Stock Hi-Low (52 weeks)

$0.02

- $0.065

Ownership

23%

Retail

Institutional

14%

63%

Insiders

1 Year CCMI stock price 2023-04-30 to 2024-04-29

Source: Stockwatch.com

7

Bull River Mine - Location

  • Property is currently in Care and Maintenance
  • Year-roundaccess to site by paved and all-weather roads
  • Mine is connected to the BC Hydro electrical power grid
  • Near existing mining communities of Cranbrook, Kimberley and Fernie

Advanced Infrastructure

8

Bull River Mine - Cu-Au-Ag

  • 100% owned - 3% NSR capped at $6.75M
  • 700 tpd mill.
  • 22,0000 metres of underground workings that are dewatered & accessible to 350 metres below surface
  • Large surface stockpile - Valued at over C$30 million
  • Permitting in process to restart underground operations
  • Recent drill results below current workings include 2.5 metres at 2.6% Cu, 33 g/t Au and 18 g/t Ag
  • Recently implemented an Ore Purchase Agreement with New Afton that provided first revenues for the company.

12 YEARS

$10-$15 Million

Large Tax Pool

Life of Mine

Initial CAPEX

$150M

9

Bull River Mine

Crushing and Screening

  • Ore Purchase Agreement in place with New Afton to supply up to 90,000 tonnes of pre-concentrated copper ore from the current 180,000 tonne surface stockpile.
  • Material to be delivered over a period of two years
  • To date 50,000 tonnes of stockpiled material has been crushed and screened
  • Coarse material (+5/8" to -3") in size to be sent to ore sorter
  • Fine material (-5/8") in size to be milled at BRM

10

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Disclaimer

Canadian Critical Minerals Inc. published this content on 29 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 April 2024 17:16:02 UTC.