2024 Operational and Project Highlights: Completed and filed the new National Instrument 43-101 Technical Report that defines the large and high-grade Mineral Resources at the 100% owned Ferguson Lake Project . 80% of the Indicated Mineral Resource is Open Pit, which provides a solid Mineral Resource base for the initial development of a potential large mine. . Achieved metal extraction of 96.1 - 98.5% nickel and 96.1 [...]
Highlights: Developing a mineral processing flowsheet with low-carbon footprint bio-leaching technology for the Ferguson Lake Ni-Cu-Co PGE project Expanding metallurgical programs from initial bio-leaching tests indicate metal extraction of 97.8-98.9% nickel and 96.0-97.7% cobalt, to high recoveries of coper, nickel, cobalt and PGE metals. Evaluation of multiple metal processing technologies to produce market-ready [...]
Canadian North Resources Inc. ) announced is pleased to provide an update on its Normal Course Issuer Bid that was announced on April 5, 2024. Since December 5, 2024, the Company has repurchased a total of 162,500 Common Shares at an average price of $0.97 per share under the NCIB. The repurchased shares represent progress toward the Company's goal to acquire up to an aggregate of approximately 5% of the issued and [...]
Highlights: Achieved metal extraction of 96.1 - 98.5% nickel and 96.1 - 97.7% cobalt from bioleaching tests, offering much higher metal recoveries than flotation , significantly increasing the value of current mineral resources. Proven high amenability of massive sulfides and rougher sulfide tails suggests bioleaching is a promising, cost-effective, and eco-friendly technology for developing a low-carbon footprint green [...]
Canadian North Resources Inc. ) is pleased to announce the appointment of Henderson Tse, CPA, CA, LPA, to its Board of Directors. With over decades of experience in public accounting, corporate finance, and tax consulting, Mr. Tse will bring valuable expertise to CNRI's leadership team. Henderson Tse holds a Bachelor of Business Administration, Honours degree and became a Chartered Accountant in 1983 and started his [...]
Canadian North Resources Inc. ) announces that, due to other commitments, Rick Brown has resigned as a member of the Board of Directors of the Company. Mr. Brown stated "It has been a pleasure to work with CNRI over the past 12 years and I wish the Company nothing but success in the future." The Company would like to thank Mr. Brown for his contribution and service to the Company. Further information of the Company can be [...]
Highlights: Metal extraction of 96.1 - 98.5% nickel and 96.1 - 97.7% cobalt from bioleaching tests. Bioleaching could offer much higher metal recoveries than flotation , significantly increasing the value of current mineral resources. Both massive sulphides and rougher sulphide tails are amenable to bioleaching, potentially producing nickel/cobalt sulphates onsite for the battery manufacturing industry. On-going tests are [...]
Canadian North Resources Inc. is pleased to announce its participation in the 2024 International Mining and Resources Conference in Sydney, Australia. The Company is joining as part of the Ontario Mining Mission, organized by the Government of Ontario in partnership with the Canadian Consulate General in Sydney. The mission provides visibility and access to potential partners across Australia and the Asia-Pacific region [...]
Canadian North Resources Inc. is pleased to report the progression of technical programs for the Ferguson Lake copper, nickel, cobalt, palladium and platinum project during the 2024 summer season. The technical programs include LiDAR survey; upgrading and renewing licenses and permits, environmental reconnaissance assessments, expanding metallurgical tests, and remodeling and interpretation of historical geophysical data [...]
Canadian North Resources Inc. ) is excited to announce that it has received the final $125,000 payment of the $250,000 exploration grant from the Government of Nunavut's Discover, Invest, Grow program. This grant was awarded to the Company for its successful exploration programs completed in 2023. It is the second consecutive year that the Company has received the DIG grant. Previously, the Company received the $250,000 [...]
Canadian North Resources Inc. is pleased to announce that following the signing of a Community Engagement Support Program agreement with the Government of Nunavut, represented by the Minister of the Department of Economic Development & Transportation, the Company has strengthened its community engagement and consultation, with a focus on the communities of Baker Lake and Arviat, in the Kivalliq Region of Nunavut. With [...]
Highlights: Filed the new National Instrument 43-101 Technical Report that defines the large and high-grade Mineral Resources at the Ferguson Lake Project . 80% of the Indicated Mineral Resource is Open Pit, which provides a solid Mineral Resource base for the initial development of a potential large mine. Planned geophysical programs for generating new exploration targets with significant resource upside potential along [...]
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