Canadian North Resources Inc.

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 [...]

Canadian North Resources Inc. ) is pleased to announce that it has been awarded a grant for its Community Engagement Support Program from the Government of Nunavut, represented by the Minister of the Department of Economic Development & Transportation . The CESP aims to support the Company's ongoing community engagement activities in Nunavut through contributions to cover costs associated with engagement and consultation [...]

Canadian North Resources Inc. ) is pleased to announce the voting results for the election of its Board of Directors at its Annual and Special Meeting of Shareholders held on June 18, 2024, in Mississauga, Ontario. A total of 75,369,669 common shares were voted at the Meeting, representing 65.81% of the common shares outstanding . Shareholders approved the re-election of all Directors as listed in the Management [...]

Highlights: Filed the Mineral Resources Statement in compliance with the National Instrument 43-101 Standards 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. Identified new targets with significant resource upside potential along [...]

Highlights: Indicated Mineral Resources to 66.1 million tonnes containing 1,093 million pounds copper at 0.75%, 678Mlb nickel at 0.47%, 79Mlb cobalt at 0.05%, 2.34 million ounces palladium at 1.10 g/t and 0.42Moz platinum at 0.19 g/t. 80% of the Indicated Mineral Resources are Open Pit comprising 52.7Mt at 0.65% Cu, 0.43% Ni, 0.05% Co, 0.97g/t Pd and 0.17% Pt. Inferred Mineral Resources of 25.9Mt containing 558Mlb copper [...]

2023 Operational and Project Highlights: The Company raised over $17 million for exploration, with cash and cash equivalents of $5,540,312 at the year end Completed aggressive exploration programs with 21,126 meters in 47 holes drilled in 2023. Adding results of 39,270 meters in 145 holes of new diamond drilling to the project database for the updated Mineral Resources estimation reported in Q1 2024, which includes: A [...]

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 10, 2024 and terminate on April 9, 2025 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 the Company, the market price of the Common Shares [...]