High metal extractions with 99% Ni, 98% Co and 90.6% Cu confirmed in the second set of bioleaching lab-scale tests on massive sulphides from the Ferguson Lake copper - nickel - cobalt - palladium - platinum project. All base metals were extracted from each bioleaching tests at low temperatures of 52 - 65oC. The unique mineralogy of the massive sulphides enables the bioleaching process to generate sufficient heat and [...]
Expanded bio-metallurgical programs from initial bio-leaching tests indicating metal extraction of 97.86-98.5% nickel and 96.9-97.7% cobalt, with the goal of achieving similarly high recoveries of copper and PGE metals from the Ferguson Lake Ni-Cu-Co PGE Project. Continued evaluation of multiple metal processing technologies to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a [...]
Canadian North Resources is pleased to announce the voting results of its Annual and Special Meeting of Shareholders held on June 19, 2025. A total of 73,621,572 common shares were voted at the Meeting, representing approximately 64.4% of the Company's issued and outstanding common shares. Election of Directors Shareholders approved the re-election of all five nominees to the Board of Directors. The directors elected to [...]
Highlights: Continued evaluation of multiple metal processing technologies to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a low-cost, low-carbon footprint mine for the Ferguson Lake Ni-Cu-Co PGE Project located in southeast Nunavut, Canada. Commenced follow-up extensive bio-metallurgical programs from initial bio-leaching tests indicating metal extraction of 97.86-98.5 [...]
Canadian North Resources Inc. ) announces that it has filed with the TSX Venture Exchange a Notice of Intention to Make a Normal Course Issuer Bid which is proposed to commence on April 28, 2025 and terminate on April 27, 2026 or the earlier of the date all shares which are subject to the Normal Course Issuer Bid are purchased. In the opinion of the Board of Directors of CNRI, the market price of the Common Shares of CNRI [...]
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 [...]
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