Canadian North Resources Inc. Announces A Non-Deal Roadshow

Canadian North Resources Inc. ("the Company," TSXV: CNRI ; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) 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 Details:

- Toronto: November 7th and 8th, 2023

- Quebec City: November 13th, 2023

- Montreal: November 14th, 2023

The roadshow will conclude with an investor presentation event on Tuesday, November 14th, 2023, in Montreal. This event offers attendees a unique opportunity to network and engage with Canadian North Resources ' team.

Registration:

For details and to register for the Montreal event, please visit:

https://tinyurl.com/MTLInvestor5a7

For more information and to schedule a meeting with Canadian North Resources , please contact:

Sophy Cesar, Corporate Development
Phone: 514-641-6897 (Canada) 1-888-688-8809 (Toll-Free)
Email: info@cnresources.com

About Canadian North Resources

Canadian North Resources Inc. is an exploration and development company focusing 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 253.8 km ² of mining leases (96.9 km ² ) and surrounding exploration claims (156.9 km ² ) in the Kivalliq Region of 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. (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, Prepared by Ronacher McKenzie Geoscience Inc. and Francis Minerals Ltd " filed by the Company to Sedar.com on July 13, 2022). In addition, the Company has identified the pegmatites with lithium potential at the Ferguson Lake project.

Sophy Cesar, Corporate Development

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.

These factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company believes that the expectations reflected in the forward-looking statements contained in this news release and the documents incorporated by reference herein are reasonable, but no assurance can be given that these expectations will prove to be correct. In addition, although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company undertakes no obligation to release publicly any future revisions to forward-looking statements to reflect events or circumstances after the date of this news or to reflect the occurrence of unanticipated events, except as expressly required by law.

News Provided by GlobeNewswire via QuoteMedia

canadian north resources cnri:ca tsxv:cnri base metals investing Base Metals Investing

CNRI:CA

Canadian North Resources Inc. Reports Exceptional Operational and Financial Results for the Third Quarter Ended September 30, 2023

Highlights:

Completed 21,126 metres in 78 holes for the planned 20,000-metre drilling program in 2023.
Intersected high-grade nickel, copper, cobalt, palladium and platinum massive to semi-massive sulphides and wide disseminated sulphide mineralized zones, e.g.,
- 10 metres grading 0.48% Ni, 1.48% Cu, 0.06% Co, 1.28g/t Pd and 0.06g/t Pt in hole FL23-481B.
- 112.5 metres grading 0.16% Ni, 0.23% Cu, 0.02% Co, 0.35g/t Pd and 0.06g/t Pt in hole FL23-527B.
Expanded >3,000 metres in total of the main mineralized zones along the strike (1,600 m in West Zone and 1,400 m in East Zone); extended the satellite mineralized zones for 200-450 metres.
Adding results of 39,270 metres in 145 holes of new diamond drilling in 2021-23 to the project database for the completion of an updated Mineral Resources estimation.

Canadian North Resources Inc. ("the Company", TSXV: CNRI ; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the operational and financial results for the third quarter ended September 30, 2023.

News Provided by GlobeNewswire via QuoteMedia

Keep reading... Show less

Canadian North Resources Inc. Further Extends Three Copper-Nickel-Cobalt-PGM Sulphide Mineralized Zones and Continues Unveiling Growth Potential at the Ferguson Lake Project in Canada

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 (>3 – 15 metres) massive to semi-massive sulphides and widened (up to 112.5 metres) disseminated sulphide mineralized zones intersected:
- 15.0 metres grading 0.36%Ni, 0.48% Cu, 0.05% Co, 0.70g/t Pd, 0.08g/t Pt and 0.06g/t Rh in FL23-527 hole.
- 112.5 metres grading 0.16% Ni, 0.23% Cu, 0.02% Co, 0.35g/t Pd, 0.06g/t Pt and 0.02g/t Rh in FL23-527B hole.

Canadian North Resources Inc. ("the Company", TSXV: CNRI ; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the return of assay results from 26 remaining holes drilled during the summer, which is the final portion of the 21,126-metre 2023 diamond drilling program completed at its 100% owned Ferguson Lake Project ("Ferguson Lake Project") in Nunavut, Canada.

News Provided by GlobeNewswire via QuoteMedia

Keep reading... Show less

Canadian North Resources Secures $1,775,001 from Early Exercise of Warrants

Canadian North Resources Inc. ("the Company," TSXV: CNRI ; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) 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 (each a "Warrant" to purchase one share at $1.50) for aggregate proceeds of $1,775,001. The warrants were issued in connection with the Company's offering of units completed prior to listing.

"We appreciate the confidence shown by our investors through this early exercise of warrants," said Dr. Kaihui Yang, President, and CEO of the Company. "The funds generated will significantly contribute to the advancement of our strategic initiatives. It underscores the trust our stakeholders have in the future growth and success of Canadian North Resources ."

News Provided by GlobeNewswire via QuoteMedia

Keep reading... Show less

Canadian North Resources Inc. Undertakes Updating NI43-101 Mineral Resources Report for the Ferguson Lake Nickel, Copper, Cobalt, Palladium and Platinum Project

Highlights:

Adding results of 39,270 meters in 145 holes of new diamond drilling to the project database for the completion of an updated Mineral Resources estimation.
New Mineral Resource model to include both mineralization types and significant extensions of mineralized zones defined by the Company drilling to September 2023.
SRK Consulting (Canada) Inc. and Ronacher McKenzie Geosciences Inc. have been engaged for an independent technical review of the project, an update of the 2022 resource estimate and preparation of the new NI 43-101 Mineral Resource Report.

Canadian North Resources Inc. ("the Company'; TSXV:CNRI ; OTCQX:CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce it has commissioned a new Mineral Resource estimation in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") for its Ferguson Lake nickel, copper, cobalt, palladium and platinum project ("Ferguson Lake Project") in Nunavut, Canada.

News Provided by GlobeNewswire via QuoteMedia

Keep reading... Show less

Canadian North Resources Inc. Unveils New Website

Canadian North Resources Inc. ("the Company," TSXV: CNRI ; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is excited to announce the launch of its newly redesigned website, aimed at providing an enhanced online experience for its stakeholders, investors, and the broader public.

The revamped website offers a modern, user-friendly interface that reflects the Company's commitment to innovation and sustainable resource exploration and development. With improved navigation, accessibility features, and updated content, the new website serves as a valuable resource for those seeking information about CNRI and its mission.

News Provided by GlobeNewswire via QuoteMedia

Keep reading... Show less

Emerita Resources Files Supporting Documentation For Exploitation Licence For The IBW Project

Emerita Resources Corp. (" Emerita " or the " Company ") (TSX-V: EMO; OTCQB: EMOTF; FSE: LLJA) announces that through its wholly-owned Spanish subsidiary, Emerita Resources España S.L.U., it has submitted all the required documentation (the " Supporting Documentation ") to support its application to the "Delegación Territorial de Energía y Minas in Huelva province, Junta de Andalucia" for an exploitation licence (the " Exploitation Licence ") for Emerita's wholly-owned Iberian Belt West project (" IBW " or the " Project "). Please see the Company's September 12, 2023 press release for further details regarding the Company's application for the Exploitation Licence.

News Provided by GlobeNewswire via QuoteMedia

Keep reading... Show less

SKRR Exploration Inc. Announces Letter of Intent with X1 Entertainment Group Inc. for the Manson Bay Project, Saskatchewan

SKRR Exploration Inc. ( TSXV: SKRR ) (FSE: B04Q) (" SKRR " or the " Company ") is pleased to announce it has entered into a letter of intent (" LOI ") with X1 Entertainment Group Inc. (CSE: XONE) (" X1 "), whereby SKRR and X1 will negotiate and settle the terms of a definitive acquisition agreement (the " Acquisition Agreement ") for X1 to acquire a 100% interest in SKRR's wholly-owned Manson Bay gold project (the " Manson Bay Project ").

The Manson Bay Project is located in the Trans Hudson Corridor in east-central Saskatchewan , approximately 40km northwest of the historic mining center of Flin Flon , on the Manitoba border. The Manson Bay Project consists of thirteen (13) contiguous mineral claims totaling 4,293.213 hectares.

Under the terms of the LOI, X1 may acquire a 100% interest in the Manson Bay Project by issuing 1,000,000 common shares in the capital of X1 to SKRR. The potential Acquisition Agreement and the consideration and transactions contemplated thereunder, will be subject to and in accordance with applicable corporate and securities laws and the approval of the Canadian Securities Exchange, and if required, the approval of the TSX Venture Exchange and any other such approvals that may be required, including approval of the shareholders of X1.

Further details regarding the proposed transaction with X1 will be provided in a comprehensive news release if, and when, the parties enter into the Acquisition Agreement. There can be no guarantees that the proposed transaction will be completed as contemplated or at all.

About SKRR Exploration Inc. :

SKRR is a Canadian-based precious and base metal explorer with properties in British Columbia and Saskatchewan – some of the world's highest ranked mining jurisdictions. The primary exploration focus is on the Trans-Hudson Corridor in Saskatchewan in search of world class precious and base metal deposits. The Trans-Hudson Orogen – although extremely well known in geological terms has been significantly under-explored in Saskatchewan . SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.

ON BEHALF OF THE BOARD

Sherman Dahl
President & CEO
Tel: 250-558-8340

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

Forward-Looking Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements that address the potential transaction with X1 including entering into the Acquisition Agreement, Canadian Securities Exchange and TSX Venture Exchange approval of the transaction, as applicable, approval of the shareholders of X1 and other statements relating to the technical, financial and business prospects of the Company, its projects and other matters, and the Company's plans and goals. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, the ability to secure equipment and personnel to carry out work programs, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, the interpretation of technical and scientific data, risks related to the inherent uncertainty of exploration and development and cost estimates and the potential for unexpected costs and expenses and including those filed under the Company's profile on SEDAR at www.sedarplus.ca . There is a possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, decrease in the price of metals, equipment failures or failure to obtain the necessary equipment, failure to maintain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

SOURCE SKRR Exploration Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2023/04/c1605.html

News Provided by Canada Newswire via QuoteMedia

Keep reading... Show less

Awale Signs Investment Agreement for Non-brokered Private Placement with Newmont

Awalé Resources Limited ( TSXV: ARIC ) ("Awalé") is pleased to announce that Awalé and Newmont Ventures Limited ("Newmont"), a wholly-owned subsidiary of Newmont Corporation, subject to TSX Venture Exchange ("Exchange") acceptance, have entered into an Investment Agreement (the "Agreement") for a strategic non-brokered private placement financing to raise C$957,530.89. The financing will be structured through the issuance of (i) units ("Units") with each Unit comprised of one common share in the capital of Awalé (a "Share") and one half of one common share purchase warrant (a whole warrant, a "Warrant") and (ii) Shares. If completed, the proceeds from the financing will be used to initiate greenfield exploration on the Odienné project permits, which lie outside the Newmont Joint Venture, and for general administrative costs of Awalé.

News Provided by Newsfile via QuoteMedia

Keep reading... Show less

1844 Announces Update Regarding Hawk Ridge Option Agreement

1844 Resources Inc. ( TSXV: EFF ) (the "Company" or "1844") is pleased to announce that, further to the Company's news releases dated March 6, 2023 and September 23, 2023, the Company has entered into an amended and restated option agreement (the "Amended and Restated Option Agreement") with Nickel North Exploration Corp. ("NNX") with respect to the option agreement between the parties dated March 6, 2023, as amended (the "Option Agreement"), relating to the Company's option to acquire the Hawk Ridge Project. Pursuant to the Amended and Restated Option Agreement, the parties have agreed to amend the payment terms and conditions of the Option Agreement as follows:

News Provided by Newsfile via QuoteMedia

Keep reading... Show less

	From (m)	To (m)	Length (m)	Ni %	Cu %	Co %	Pd g/t	Pt g/t	Rh g/t
FL23-496	144	151.7	7.7	0.11	0.17	0.01	0.21	0.04
FL23-523A	139.5	142.5	3	0.21	0.31	0.03	0.39	0.04	0.03
	147	150	3	0.14	0.16	0.03	0.25	0.03	0.02
FL23-527	276.5	363.5	87	0.13	0.15	0.02	0.27	0.05	0.01
incl	276.5	312.5	36	0.23	0.29	0.03	0.44	0.07	0.03
incl	297.5	312.5	15	0.36	0.48	0.05	0.70	0.08	0.06
incl	306.5	309.5	3	0.70	0.40	0.09	1.33	0.11	0.14
	607.5	627	19.5	0.06	0.05	0.01	0.30	0.08
incl	607.5	610.5	3	0.08	0.05	0.01	0.59	0.17	0.03
FL23-527B	312.5	425	112.5	0.16	0.23	0.02	0.35	0.06	0.02
incl	312.5	380	67.5	0.23	0.32	0.03	0.46	0.07	0.02
incl	338.5	346.5	8	0.67	0.33	0.08	1.20	0.09	0.07
incl	358	363	5	0.37	0.59	0.05	0.75	0.17	0.07
	593.5	634	40.5	0.05	0.05	0.01	0.32	0.07
incl	625	634	9	0.05	0.09	0.01	0.56	0.14
	703	709	6	0.08	0.08	0.01	0.69	0.15	0.03
	761.5	785.5	24	0.05	0.11	0.01	0.40	0.07
incl	761.5	766	4.5	0.04	0.06	0.01	0.83	0.11
FL23-528	192.1	196.6	4.5	0.47	0.73	0.07	0.81	0.07	0.08
FL23-529	411	412.5	1.5	0.03	0.01	0.01	1.06	0.03
	420	421.5	1.5	0.03	0.01	0.01	0.73	0.21
FL23-530	No valuable intersects
FL23-532	189.5	192.5	3	0.07	0.04	0.01	0.69	0.40	0.05
FL23-532A	No valuable intersects
FL23-542	284.4	292	7.6	0.32	0.40	0.05	0.94	0.20	0.01
FL23-543	216.5	218	1.5	0.50	0.61	0.06	1.44	0.25
FL23-547	45	46.5	1.5	0.53	0.43	0.07	1.48	0.21
FL23-548	45.4	46.4	1	0.44	0.35	0.05	1.30	0.26
FL23-549	103	113	10	0.21	0.35	0.04	0.31	0.03	0.01
FL23-550	106.5	110.5	4	0.13	0.20	0.02	0.25	0.08	0.01
FL23-551	117	122	5	0.21	0.18	0.04	0.35	0.06	0.01
FL23-552	126	130	4	0.32	0.18	0.05	0.56	0.07	0.06
FL23-553	125.5	128.5	3	0.17	0.12	0.03	0.31	0.05
	170.5	172.5	2	0.26	0.24	0.04	0.49	0.18
	175.5	178	2.5	0.22	0.30	0.03	0.37	0.03
FL23-554	No Valuable Intercepts
FL23-555	No Valuable Intercepts
FL23-556	15.25	16.25	1	0.12	0.25	0.01	0.20	0.06
FL23-557	86	89	3	0.21	0.13	0.03	0.31	0.09	0.01
FL23-558	290	293	3	0.18	0.28	0.03	0.37	0.07	0.02
	624.5	644	19.5	0.10	0.13	0.01	0.49	0.12
incl	624.5	630.5	6	0.11	0.11	0.01	0.77	0.19	0.02
	737	765.5	28.5	0.09	0.09	0.01	0.35	0.09
FL23-559	46	49	3	0.21	1.09	0.04	0.43	0.01
FL23-559A	No Valuable Intercepts
FL23-560	No Valuable Intercepts

Canadian North Resources Inc. Announces A Non-Deal Roadshow

Canadian North Resources Investor Kit

GET YOUR FREE INVESTOR KIT

Overview

Company Highlights

Key Project

Ferguson Lake Project

Project Highlights:

Management Team

Lee Q. Shim - Chairman and Director

Kaihui Yang - President, CEO, and Director

Trevor Boyd - Vice-president, Exploration

Carmelo Marrelli - Chief Financial Officer

Aier Wang - Director

Rick Brown - Director

Michael Weeks - Director

Xian Jian Guo - Technical Advisor

Stephen du Toit - Advisor

Canadian North Resources Investor Kit

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

TOP STOCKS