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 [...]
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 [...]
Highlights Successful metallurgical flotation tests indicate potential for three valuable concentrates: copper, nickel, and PGMs Results based on diverse mineralized materials within Ferguson Lake Project's NI 43-101 Mineral Resource Promising outlook for low-capital cost development option Underscores significant milestone in project advancement [...]
Canadian North Resources Inc. ) announces that, subject to acceptance by the TSX Venture Exchange, it proposes to amend the exercise price of options to purchase a total of 1,600,000 Common Shares from $2.45 to $1.70 per share, for options previously granted to consultants to the Corporation. About Canadian North Resources [...]
Highlights A 172% increase of 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 is Open Pit with 52.7Mt at 0.65% Cu, 0.43% Ni, 0.05% Co [...]
Canadian North Resources Inc. ) announces the completion of the redemption of its outstanding purchase Warrants . The Warrants were issued in connection with the Company's offering of units completed prior to listing and expired on December 29, 2023. The Company has received total proceeds of $9,186,597 from the exercise of 6,124,398 warrants [...]
Canadian North Resources Inc. ) is pleased to report the results from the processing of Borehole Time-Domain Electromagnetic surveys from deep West Zone drillholes FL22-481A and FL23-481B completed at its 100% owned Ferguson Lake Project in Nunavut, Canada. "The combination of the drilling and geophysical survey results confirms the continuing high [...]
Canadian North Resources Inc. ) is pleased to announce that KRE Development Co. Ltd , the biggest shareholder of the Company has elected to exercise their warrants. KRE is an investment company registered in Ontario, Canada, owned by two Directors of the Company. KRE exercised 1,437,196 share purchase warrants for aggregate proceeds of $2,155,794 [...]
Highlights: Three copper-nickel sulphide zones further extended along strike for: 200 m west of West Zone; 450 m of M-Zone, and 300 by 200 m of Anomaly-51 Zone; Two new sulphide zones confirmed: northeast extension of Anomaly-51 Zone and south of Central Zone. Significant massive to semi-massive sulphides and widened disseminated sulphide [...]
Canadian North Resources Inc. ) is pleased to announce the early exercise warrants ahead of the scheduled expiration of December 29, 2023. The total warrants currently exercised totals 1,183,334 share purchase warrants for aggregate proceeds of $1,775,001. The warrants were issued in connection with the Company's offering of units completed prior [...]
Canadian North Resources Inc. ) is pleased to announce a non-deal set to take place in key cities across Canada. The roadshow will provide shareholders and potential investors with valuable insights into Canadian North Resources' flagship property, the Ferguson Lake project, upcoming initiatives, and the strategic vision for the project. Roadshow [...]
