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Canadian North Resources Inc V.CNRI

Alternate Symbol(s):  CNRSF

Canadian North Resources Inc. is a Canada-based exploration and development company. The Company is focused on the critical metals for the clean energy, electric vehicles, battery and high-tech industries. The Company is advancing its 100% owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project that covers an area of approximately 253.8 square kilometers (km2), which consists of 10 mining leases (96.9 km2) and surrounding 11 exploration claims (156.9 km2) in the Kivalliq Region of Nunavut, Canada. The property is situated in the Western Churchill Province and northwestern Hearne domain area with mainly Archean metavolcanic and metasedimentary rocks and extensive gneissic terrain. The Ferguson Lake Project holds over 71 million tons, containing substantial resources of copper (1,402 million pounds (Mlb)), nickel (872 Mlb), cobalt (99.9 Mlb), palladium (3.20 million ounces (Moz)), and platinum (0.56 Moz).


TSXV:CNRI - Post by User

Post by Betteryear2on Apr 25, 2022 7:10am
197 Views
Post# 34628188

Canadian North Resources Inc. $11 M Exploration Plan

Canadian North Resources Inc. $11 M Exploration PlanTORONTO, April 25, 2022 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI) 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 (“the Ferguson Lake Project”), which will include a resource estimation (ref. the news release on April 11, 2022), a 15,000-meter diamond drilling program (ref. the news release on April 19, 2022), in-hole geophysical survey, surface geological mapping and geophysical survey, and metallurgical testing.

Canadian North Resources Inc. Announces $11 Million Exploration Plan for the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project
 
 
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