CIM receives MX Multi-Year Area-Based mining permit for the CIN-Sundance property
BC Ministry of Energy, Mines & Low Carbon Innovation issues a five-year MX permit covering the full 3,840 ha CIN-Sundance property, clearing the path to the Phase II drill programme planned for Q3 2026.
The British Columbia Ministry of Energy, Mines & Low Carbon Innovation has issued Multi-Year Area-Based (MX) mining permit P-MX-1284 covering the full 3,840 ha CIN-Sundance property. The permit is valid for five years and authorises up to 60 diamond drill holes per year across the three Phase II target areas — Sundance Ridge, East Valley Pediment, and the southern strike-extension target.
Reclamation security of $420,000 has been posted with the Ministry. The permit follows eighteen months of consultation with the Lower Similkameen Indian Band and the Town of Princeton, and incorporates a culturally-sensitive area exclusion around the Sundance Ridge North showing that the consultation process identified.
What changes
The permit clears the last regulatory dependency for the Phase II programme. CIM expects to mobilise drilling crews in mid-June 2026 with a four-month operating window targeting 14,500 m of HQ-diameter diamond drilling.
A draft programme is available to qualifed investors via the data room.