Core Critical Metals Corp. Acquires Lucky Mike Project

Core Critical Metals Corp. (CCMC) has announced an agreement to acquire up to an 80% interest in the Lucky Mike Silver-Copper-Tungsten property from First Atlantic Nickel Corp. Located between Kamloops and Merritt, BC, the project spans 7,675 hectares in a region noted for its mining activity. The site boasts proximity to major copper operations, including Teck's Highland Valley Copper Mine, and has significant historic copper resources with an estimated 402 million pounds of contained copper.

The agreement outlines a phased earn-in structure, requiring CCMC to fulfill payments and qualified expenditures totaling $16 million over a decade. The property, benefiting from existing infrastructure and new AI-identified targets, is exploration-ready and fully permitted. A joint venture will be formed after completion of the earn-in, with CCMC as operator and First Atlantic Nickel Corp. retaining a minority interest.