Canadian North Resources is pleased to report the financial results for the first quarter ended March 31, 2022. “During the past quarter, we have strengthened the technical Team and started the over $11-million exploration programs at our 100% owned Ferguson Lake Project,” said Dr. Kaihui Yang, the President & CEO. “We are carrying out our first resource estimate in compliance with the NI43-101 Standards as well as [...]
Canadian North Resources announces that it has granted to its directors, officers, employees and consultants, and to management company employees, options to purchase a total of 2,695,000 Common Shares of the Corporation (of which 1,190,000 options were granted to directors and officers), at an exercise price of $1.92 per share, which options will expire on May 18, 2027. The Corporation also announces the appointment of [...]
Canadian North Resources is pleased to report the results for the re-sampling and re-assaying of historic drill cores and assaying of core samples newly collected from the Ferguson Lake property that contains base metal and platinum-group metals. The re-sampling and re-assaying program are part of the on-going resource evaluation and estimation for the Ferguson Lake Project (ref. the News Release on April 11).
Canadian North Resources Inc. is pleased to report the financial results for the year ended December 31, 2021. "The Company has achieved a key milestone today," said Dr. Kaihui Yang, the President & CEO, "We have accomplished a lot during the past year and have successfully listed the Company on TSX Venture Exchange in early April this year; we raised over $22 million for the exploration and development of the Ferguson [...]
Canadian North Resources Inc. is pleased to announce that it has budgeted $11 million for the exploration plan at the Ferguson Lake nickel, copper, cobalt, palladium and platinum project , which will include a resource estimation , a 15,000-meter diamond drilling program , in-hole geophysical survey, surface geological mapping and geophysical survey, and metallurgical testing. The exploration plan is based on extensive [...]
Canadian North Resources Inc. is pleased to announce that two drill rigs have commenced diamond drilling at its 100% owned Ferguson Lake Project in Nunavut, Canada. The project contains base metals and platinum-group metals along a 15-km-long main mineralized horizon and numerous additional prospective areas. The Company plans a 15,000-metre drill program in two phases throughout 2022. The Phase 1 program consists of [...]
Canadian North Resources Inc. is pleased to announce it has commissioned the new resource estimation in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in respect of its Ferguson Lake project , which contains base metal and platinum-group metals , mainly of nickel, copper, cobalt, palladium and platinum in Nunavut, Canada. The new estimation will include previously excluded PGE [...]
Canadian North Resources is pleased to announce that: The Corporation's common shares have been listed and admitted to trading on the TSX-V and trading has been immediately halted. At the opening on April 7, 2022 trading will commence under the trading symbol CNRI. As previously announced on March 31, 2022, 2,223,698 special warrants of the Corporation qualified for distribution 2,223,698 common shares upon the exercise [...]
Canadian North Resources is pleased to announce that: 1. The Corporation has - successfully completed filing of its Prospectus with the securities’ regulatory authorities in the Provinces of Ontario, Alberta, BC and New Brunswick to enable the Corporation to become a reporting issuer under such applicable securities legislation and qualifying for distribution 2,223,698 common shares issuable for no additional [...]