Canadian International Minerals Inc.
COMPANY DATA | INTRODUCTION
| PROJECT IN HAND | MANAGEMENT
NEWS UPDATE | CHINESE
| Address: | Suite 1128, 789 West Pender Street Vancouver, B.C. Canada V6C 1H2 |
| Tel No.: | (604) 241-2254 |
| Fax No.: | (604) 669-9335 |
| Toll Free No.: | 1-877-642-6200 |
| Web Site: | www.cdnintlminerals.com |
| Corporate Email: | info@coal-harbor.com |
| Contact Person: | Michael Schuss |
| Position: | President & CEO |
| Traded Market: | TSX-V |
| Traded Symbol: | CIN |
| Outstanding Shares: | 39,155,426 |
| 52 Week High: | $ 0.365 |
| 52 Week Low: | $ 0.125 |
| Present Price: | Click Here |
INTRODUCTION
Canadian International Minerals Inc. is a junior resource company focused on the exploration, discovery and development
of deposits of rare metals and minerals in demand for technologies related to renewable energy, hybrid vehicles, clean air and carbon emission reduction. Demand for rare metals and minerals in recent years has risen dramatically, as have their prices.
The Company's flagship property is the Carbo Rare Earth Project located in British Columbia, Canada.
PROJECT IN HAND
Carbo Rare Earth Element (REE) Project, British Columbia
CIN is earning a 75% interest in the property from Commerce Resources Corp., and is meeting all conditions of the agreement to earn their interest.
The Carbo property comprises 7 claims totalling an area of 2,778.63 hectares and is accessible by all weather gravel roads. It is located in the emerging Wicheeda REE carbonatite camp approximately 80 km north east of Prince George, B.C., on the western margin of the Rocky Mountain Trench, a major continental geologic feature which is now recognized as the locus of numerous potentially economic concentrations of rare metals. Much of this terrain has seen very little exploration incorporating current models and modern technology.
The Carbo property is adjacent to and contiguous with Spectrum Mining's Wicheeda rare metals discovery, which drilling results highlights included a 48.64 metre interval which averaged 3.55% REE, a 72 metre interval that averaged 2.92%
REE, and a 144 metre interval that averaged 2.20% REE in three widely separated drill holes. The airborne survey has confirmed the apparent continuity of lithology and depositional environment from the adjacent Spectrum Mining's Wicheeda rare metals discovery.
The region has garnered significant attention due to the discovery of significant REE mineralization associated with the Wicheeda Carbonatite-Syenite Complex. The Carbo Property covers in excess of 6 km strike length of the complex, which is manifested as an elongate, northwest to southeast trending geophysical anomaly.
A geological synopsis has been provided by Allison Brand, M.Sc., Mackevoy Geoscience Ltd. The style of mineralization thus far observed, is consistent with known occurrences of REE mineralization within the region.
A minimum 1,000 meter diamond drill program has commenced on the Carbo Project in October 2010. The program is designed to drill at least 12 short diamond drill holes from up to 6 drill sites. The Carbo drill targets are within 900 meters of Spectrum's 2009 drilling.
Core logging and storage facilities have arranged in Prince George. Samples are being sent to ALS Chemex labs in North Vancouver, B.C.
Deadhorse Creek Rare Earth Element (REE) Project, Ontario
CIN entered into an option agreement to purchase 100% of the Deadhorse Creek ("DHC Property") rare earth element (REE) property in July 2009. The DHC Property consists of 75 units (1,200 hectares) in Walsh Township in the Thunder Bay mining division, is approximately 25 km northwest of Marathon, Ontario, and is adjacent to Trans-Canada Highway 1.
Fugro Airborne Surveys completed a high resolution magnetic and radiometric survey of the DHC Property between September 17-20, 2010. The survey confirmed known areas of REE mineralization and delineated several new radiometric anomalies as well as structural features that may host or control REE mineralization.
CIN is focussing on the high grade zirconium/hafnium potential of DHC. A channel sample cut of one meter along an exposed outcrop yielded 9.0% zirconium oxide. Recent limited reconnaissance sampling by CIN has yielded 3.18 % zirconium oxide and 556 ppm hafnium over a one meter chip sample and 2.96% zirconium oxide and 637 ppm hafnium in a grab sample.
A road building and stripping program has commenced on the DHC property in November 2010.
Cinder Lake Rare Earth Element (REE) Project, Manitoba
CIN has been granted a 5,000 hectare Mineral Exploration Licence (MEL) in the Knee Lake region in central Manitoba in November 2009. The MEL covers the Cinder Lake alkaline intrusive complex (CLC) which has only recently been studied by the Manitoba Geological Survey and the Department of Geological Sciences of the University of Manitoba.
The tectonic setting, petrography and size of the CLC are similar to the Maoniuping complex in China and the Mountain Pass complex in California, both commercially viable deposits of rare earth elements.
Solar and Silicon (Silica) Projects, Golden, British Columbia
An exploration program consisting of geological mapping and sampling has been completed on the Company's 100% owned Solar and Silicon properties located in the Golden silica belt. Twenty eight large rock samples are currently being processed for potential as metallurgical grade silica (>99.7% SiO2). Assays are pending. The Company's 1,778.99 hectares claims are strategically located between the producing Moberly and Hunt silica mines and have excellent road, power and rail access.
Copper Mountain (Copper) Project, BC
CIN's 100%-owned 1,410 hectare Copper Mountain project is located approximately 10 km SW of Princeton, B.C. and is in the prolific Copper Mountain mining camp. The property has excellent access and infrastructure is only a 3 hour drive from Vancouver. An airborne survey has been completed by Aeroquest Surveys. The property is directly adjacent to the Similco Mine which is currently under construction.
MANAGEMENT
Michael Schuss, President, CEO, Secretary, Director
Mr. Schuss has over 29 years experience in mining exploration and venture capital. In recent years he has specialized in acquiring mining properties in Africa, China and Canada for junior mining companies.
Casey Forward, CGA, CFO, Director
As an independent professional accountant in Canada since 1990, Mr. Forward has worked for public companies in Canada, the United States, and Great Britain.
Tor Bruland, P.Geo., Director
Garth Evans, B.A., LL.B, Director
Chris Verrico, Director
Advisory Board
Roger Mitchell, F.R.S.C., F.M.S.A., Professor Emeritus, Lakehead University, Thunder Bay
Lee Groat, B.Sc., Ph.D., Professor, Director, Integrated Sciences program, University of British Columbia
Anton Chakhmouradian, Ph.D., Professor, Geological Sciences, University of Mani
Paul Brockington, Consultant
Thomas Hasek, P.Eng., Consultant
On July 6, 2012, Canadian International Minerals Inc. announced that it has expanded its Cole Lake property by staking 2 claims covering 346.78 hectares for a total of 16 claims with 6,967.22 hectares areal extent in the Cole Lake area of west central British Columbia.
On May 1, 2012, Canadian International Minerals Inc. announced that it has joined a prospecting syndicate focused on graphite exploration in north western Ontario. The Company has secured 50% interest in the Miller Graphite Project. The syndicate has staked 15 claims, comprising 240 hectares, which include the Miller graphite occurrence in Foch Township.
On March 2, 2012, Canadian International Minerals Inc. announced that it has entered into an option agreement to earn 100 per cent of 51 claims consisting of 549 units (8,784 hectares) in northwestern Ontario. These claims, collectively known as the Gold Creek property, are readily accessed by logging and mining roads from Provincial Highway 11, and lie approximately 60 kilometres northwest of Thunder Bay. The property is well situated in the Shebandowan gold district which has several advanced gold projects under way.
On January 27, 2012, Canadian International Minerals Inc. announced that has entered into an option agreement to earn 100 per cent of 57 claims consisting of 657 units (10,640 hectares) in northwestern Ontario. These claims, collectively known as the Lizar property. Surface gold mineralization is widespread on the Lizar property. The former producing Hiawatha gold mine, currently owned by Trelawney Mining and Exploration Inc., adjoins the property to the northeast.
On December 5, 2011, Canadian International Minerals Inc. announced that it has acquired 14 claims totalling 6,620.44 hectares in the Cole Lake area of west-central British Columbia. The Cole property is approximately 22 kilometres south of Imperial Metals Corp.'s producing Huckleberry mine, which has been in production since 1997 and has produced 870 million pounds of copper, 105,000 ounces of gold, 3.4 million ounces of silver and is also recovering molybdenum in concentrates. Huckleberry's mine life has recently been extended to 2021.
On November 29, 2011, Canadian International Minerals Inc. announced that it has finally received the complete analytic results for the 2011 drilling, which have confirmed the presence of a widely dispersed carbonatite system, with extensive rare earth element (REE) mineralization on its 100% owned Carbo property.
| Hole No. | From (m) | To (m) | Interval | % TREO | % Sr |
| CA-11-011 | 126.0 | 186.3 | 60.3 | 0.33 | 1.03 |
| Including | 146.7 | 151.0 | 4.3 | 0.49 | 2.25 |
| Including | 154.0 | 184.8 | 30.8 | 0.40 | 1.21 |
| Including | 163.4 | 173.2 | 9.8 | 0.57 | 1.51 |
| CA-11-014 | 116.2 | 139.5 | 23.3 | 0.26 | 0.96 |
| and | 148.0 | 172.6 | 24.5 | 0.26 | 1.07 |
On October 12, 2011, Canadian International Minerals Inc. announced that it has completed its 2011 Phase I diamond drilling program on the Carbo Rare Earth Element (REE) property. Eleven drill holes totalling 3,090 meters were completed from six locations.
On September 13, 2011, Canadian International Minerals Inc. announced that it has intersected mineralized carbonatite and related alkaline rocks in significant intercepts in the 2011 phase I diamond drilling program on the Carbo rare earth element (REE) property. This first phase has focused on Targets A, C, and D.
On August 17, 2011, Canadian International Minerals Inc. announced that it has commenced a diamond drilling program comprising a minimum of 3,200 metres in 16 holes on its Carbo rare earth project. This first phase will focus on targets A, C and D.
On April 21, 2011, Canadian International Minerals Inc. outlined exploration programs that will be conducted on five of its properties this season. The Company announced that nine potential Carbo drill targets have been defined. Current planning includes diamond core drilling four of these targets (A, B, C and D).
On February 17, 2011, Canadian International Minerals Inc. and Commerce Resources Corp. announced the discovery of a significant zone of rare earth element mineralization at their joint venture Carbo project in B.C. Hole CA10-006 intersected 1.43% TREO across 37.3 m.
On December 1, 2010, Canadian International Minerals Inc. announced subject to the acceptance of the TSX Venture Exchange, has acquired a 100% interest in mineral claims located in the Thunder Bay mining division, Ontario, known as the Prairie Lake North/South and Praire Lake West properties, approximately 40 km northeast of Terrace Bay, Ontario.
On November 19, 2010, Canadian International Minerals Inc. announced that it has acquired a 100% interest in mineral claims in the Cariboo Mining Division, British Columbia, known as the Basto claims (the "Property). The Property covers a total of approximately 618.91 hectares and is located 500 metres northwest of the Carbo property.
On November 8, 2010, Canadian International Mineral Inc. and Commerce Resources Corp. updated the current and ongoing diamond drill program on their Carbo Rare Earth Element (REE) property. Drilling is currently on the eighth diamond drill hole. Total core as of late November 6 was 1,226 meters. Drilling will continue until weather dictates the end of safe and cost effective working conditions. No assays have been received and first results are anticipated in two weeks. Select sections of core from the current drilling program at Carbo are being sent out for further study.