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     109  0 Kommentare Canadian North Resources Announces completing 7,400 meter drilling and staking 156.9 Km2 Claims surrounding the 96.9 km2 mining lease at its 100% owned Ferguson Lake Project in Canada - Seite 3

    The eastern claims block covers the area east of Quartzite Lake for which historic surface samples from exploration completed in the 1980s and 90s reported multiple encouraging Au analyses of up to 60 g/t. The staked area has never been followed up with recommended ground geophysical surveys nor were diamond drilled.

    Qualified Person:

    The technical contents of this news release have been reviewed by Dr. Trevor Boyd, P.Geo., a qualified person as defined by Canadian National Instrument 43-101 standards.

    About Canadian North Resources Inc.:

    Canadian North Resources Inc. is an exploration and development company focusing on the 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 in Nunavut, Canada.

    The Ferguson Lake mining property contains substantial resources in compliance with NI43-101 standards, which include Indicated Mineral Resources of 24.3 million tonnes containing 455 million pounds (Mlb) copper at 0.85%, 321Mlb nickel at 0.60%, 37.5Mlb cobalt at 0.07%, 1.08 million ounces (Moz) palladium at 1.38gpt and 0.18Moz platinum at 0.23gpt; Inferred Mineral Resources of 47.2 million tonnes containing 947Mlb copper at 0.91%, 551.5Mlb nickel at 0.53%, 62.4Mlb cobalt at 0.06%, 2.12Moz palladium at 1.4gpt and 0.38Moz platinum at 0.25gpt. The resource model indicates significant potential for resource expansion along strike and at depth over the 15 km long mineralized belt.

    Further information please visit the website at www.cnresources.com or contact:

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    Dr. Kaihui Yang, President and CEO

    Phone: 905-696-8288 (Canada) 1-888-688-8809 (Toll-Free)

    Email: info@cnresources.com 

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Cautionary Note Regarding Forward-Looking Statements

    Certain statements contained in this news release, including statements which may contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, and statements related to matters which are not historical facts, are forward-looking information within the meaning of applicable securities laws. Such forward-looking statements, which reflect management’s expectations regarding the Company’s future growth, results of operations, performance, business prospects and opportunities, are based on certain factors and assumptions and involve known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking statements.

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    Canadian North Resources Announces completing 7,400 meter drilling and staking 156.9 Km2 Claims surrounding the 96.9 km2 mining lease at its 100% owned Ferguson Lake Project in Canada - Seite 3 TORONTO, June 27, 2022 (GLOBE NEWSWIRE) - Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI) is pleased to provide an update for its 100% owned Ferguson Lake base metal (nickel, copper, cobalt) and platinum group metal …

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