Canadian North Resources Inc. Drills 21.0 meter at 1.11% Copper, 0.71% Nickel, 0.10% Cobalt, 1.29g/t Palladium, 0.15g/t Platinum and 0.05 g/t Rhodium and Potentially Extends Near-Surface Nickel and Copper Sulfide Zones for 1,500 Meters Along Strike at its Ferguson Lake Project

Canadian North Resources Inc. Drills 21.0 meter at 1.11% Copper, 0.71% Nickel, 0.10% Cobalt, 1.29g/t Palladium, 0.15g/t Platinum and 0.05 g/t Rhodium and Potentially Extends Near-Surface Nickel and Copper Sulfide Zones for 1,500 Meters Along Strike at its Ferguson Lake Project

 

Canadian North Resources Inc. ("the Company", TSXV: CNRI; FSE:EO0 (E-O-zero)) is pleased to report the geochemical assay results for the remaining 40 holes (of total 68 holes drilled) totalling 10,550 meters (of the 18,144 metres) for the diamond drilling program completed by the Company at its 100% owned Ferguson Lake property ("Ferguson Lake Project") that contains base metals (nickel, copper, and cobalt) and platinum-group metals ("PGM", mainly palladium and platinum).

 

  Highlights of new assay results:  

 
  •   21.0m at 1.11% Cu, 0.71% Ni, 0.10% Co, 1.29g/t Pd, 0.15g/t Pt and 0.050 g/t Rh (hole FL22-470 at 13.0 - 34.0m);  
    •  
  •   9.90m at 0.96% Cu, 0.58% Ni, 0.09% Co, 1.03g/t Pd, 0.17g/t Pt, 0.01g/t Rh and 0.03g/t Au (hole FL22-471 at 47.50 - 57.40m);  
    •  
  •   16.7m at 0.48% Cu, 0.30% Ni, 0.04% Co, 0.55g/t Pd and 0.12g/t Pt (hole FL22-469 at 200.8-217.5m);  
    •  
  •   7.30m at 0.83% Cu, 0.76% Ni, 0.09% Co, 1.31g/t Pd, 0.19g/t Pt, 0.047g/t Rh and 0.028 g/t Au (hole FL22-478 at 39.60 - 46.90m);  
    •  
  •   7.60m at 0.93% Cu, 0.26% Ni, 0.04% Co, 0.74g/t Pd and 0.14g/t Pt (hole FL22-481A at 634.8 - 642.4m);  
    •  
  •   8.43m at 0.64% Cu, 0.30%Ni, 0.04% Co, 0.50g/t Pd, 0.14g/t and 0.06g/t Rh (hole FL22-486 at 122.87 - 131.30m);  
    •  
  •   9.90m at 0.34%Cu, 0.14%Ni, 0.02%Co, 0.33g/t Pd, 0.03g/t Pt, 0.03g/t Rh and 0.20g/t Au (hole FL22-490 at 28.1-38.0m) and   20.3m at 0.36% Cu, 0.24%Ni, 0.03% Co, 0.55g/t Pd, 0.08g/t Pt, 0.02g/t Rh and 0.02g/t Au (at 43.40 - 63.70m);  
    •  
  •   8.50m at 0.80% Cu, 0.63%Ni, 0.08% Co, 1.63g/t Pd, 0.23g/t Pt and 0.01 g/t Rh (hole FL22-492 at 231.0 - 239.5m);  
    •  
  •   6.00m at 0.89%Cu, 0.44%Ni, 0.05% Co, 1.16g/t Pd, 0.26g/t Pt, 0.01g/t Rh and 0.10g/t Au (hole FL22-487 at 60.7 - 66.7m);  
    •  
  •   9.80m at 0.34%Cu; 0.40%Ni, 0.04%Co, 0.66g/t Pd and 0.26g/t Pt, including 3.50m at 0.86% Cu, 1.07% Ni, 0.12%Co, 1.64   g/t Pd, 0.19%Pt, 0.042g/t Rh and 0.02g/t Au (Hole FL22-463 at 191.67 - 201.47m);  
    •  
  •   22.0m at 0.44% Cu, 0.30%Ni, 0.04% Co, 0.57g/t Pd, 0.09g/t Pt and 0.03g/t Rh, including   5.80m at 1.15% Cu, 0.73%Ni, 0.09% Co, 1.37g/t Pd, 0.23g/t Pt, 0.079g/t Rh, and 0.045g/t Au (hole FL22-494 at 28.0 - 50.0m).  
    •  
  •   Of the 68 holes drilled, 27 infill holes confirm the continuity of the known mineralized zones for resource upgrade; and  
    •  
  •   37 expansion holes extend the main mineralized horizon near-surface along strike of the East Zone and the West Zone for a total of up to 1,500 metres along strike outside the block model of the mineral resource estimate (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, June 13, 2022, Prepared by Elisabeth Ronacher and Jamie Lavigne." filed by the Company to Sedar.com) ; and  
    •  
  •   4 holes testing outside the main mineralized horizon demonstrate the mineral potential of the sub-parallel trending Anomaly 51 and M zones located to the southeast of the East Zone.  
    •  
  •   In terms of expansion potential, particularly exciting are the latest results from step-out hole FL22-486 which tested the defined continuous airborne VTEM conductor 800 metres east of the nearest furthest east historic intersection in the East Zone.  
    •  
  •   In summary, these new assays report high assays of up to 10.0% copper, 1.81%nickel, 8.65g/t palladium, 4.43 g/t platinum, 0.186 g/t rhodium, and 2.19 g/t gold, and 49 g/t silver.  
    •  

"We are excited with the additional drilling results that have confirmed the extensions of the mineralized zones outside the recent resource model (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, June 13, 2022, Prepared by Elisabeth Ronacher and Jamie Lavigne." filed by the Company to Sedar.com)" Said Dr. Kaihui Yang, the President and CEO of the Company, "The drilling results to date will expand the block model and significantly enlarge the high-grade and near-surface mineral resources for the potential mine development of the Ferguson Lake Project."

 

"The drilling programs completed to date indicate the potential for further resource expansion at Ferguson Lake." Said Dr. Trevor Boyd, the Vice President for Exploration of the Company, "The results have confirmed the continuity of the mineralized zones and expanded the near-surface mineralized zones along the strike and down dip. These results justify more aggressive drilling programs and engineering work for the Ferguson Lake project in 2023 and beyond."

 

A total of 18,144 meters have been drilled in 68 holes to infill or step out from the historic holes that were previously drilled in the West Zone and the East Zone. The mineralized horizon hosting significant metal grades and widths (>2.5 meters) has been intersected in 62 out of the 68 holes. All the holes hit the mineralized zones as expected, confirming that the mineralized zones extend along strike and at depth beyond the presently defined resource boundaries for a total potential extension of the zones of approximately 1,500 metres. The new assay results are summarized in Table 1. These, together with the assay results released earlier (refer to the news release on September 12, 2022), will be added to the dataset to improve the block model and to update the Mineral Resource estimate that was announced on June 13, 2022 (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, June 13, 2022, Prepared by Elisabeth Ronacher and Jamie Lavigne." filed by the Company to Sedar.com).

 

  West Zone (Figure 1):  

 

In the West Zone, a total of 38 holes were drilled with 15 infilled holes and 23 expansion holes each stepping out 50-100 meters from the previous holes and confirmed the northward down-dip extension of main West and West Extension mineralized zones for 100-200 meters from the recently updated resource model (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, June 13, 2022, Prepared by Elisabeth Ronacher and Jamie Lavigne." filed by the Company to Sedar.com) and its near-surface strike extension to the east and west of the West Zone for a total potential extension of approximately 800 metres.

 

The assay results for those drill holes confirmed the near-surface base metal and PGM massive sulfide zones and the underlying and widening PGM-enriched low sulfide zones. The near-surface sulfide zones are massive sulfide, semi-massive sulfide and disseminated sulfide zone, with variable intersections (up to 31 m) and grades (up to 10.0% copper, 1.81% nickel, 0.40% cobalt, 2.45g/t palladium, 0.50 g/t platinum, 0.186 g/t rhodium, and 2.19 g/t gold, and 49 g/t silver). Gold, silver and rhodium are intermittently enriched along the mineralization zones in the vicinity of ultramafic rocks.

 

The underlain PGM-enriched low-sulfide mineralization is wide with variable intersections (up to 36m) and grades of PGM (up to 8.65g/t palladium, 4.43 g/t platinum). Copper and nickel are low in general for this type of mineralization but enriched in multiple thin layers (usually

 Ferguson Lake Project – West Zone: infill and expansion drill holes completed by the Company.

 

Figure 1: Ferguson Lake Project – West Zone: infill and expansion drill holes completed by the Company.

 

  East Zone (Figure 2):  

 

In detail, 4,675 metres in 26 holes were drilled in the East Zone, with 12 infilled holes and 14 expansion holes along the near surface mineralization that has been historically drilled since the 1950s. The expansion holes were stepped out by 50 to 100 meters each from previous holes and confirmed the strike extension of the mineralization to the west and east of the East Zone for approximately 700 metres. In particular, two drill holes (FL22-486 and 486A) confirmed a new eastern extension of the mineralized zone along the strike about 800 meters from the previous hole (Inco hole 9452). In addition, four holes successfully tested adjacent near-surface satellite mineralized horizons (M-Zone and A51 Zone) to the southeast of the East Zone with encouraging results.

 

The additional assay results for the drill holes confirmed the near-surface massive, semi-massive and disseminated base metal and PGM sulfide zones, with variable intersections (up to 21 m) and grades (up to 4.01% copper, 1.07% nickel, 0.20% cobalt, 2.73g/t palladium, 1.38g/t platinum, 0.10g/t rhodium, 0.25g/t gold, 12g/t silver). The PGM-enriched low sulfide mineralization was also found with variable intersections (up to 11 m in hole FL22-475) and grades (1-2.0 g/t palladium and platinum) beneath the near-surface massive sulfide zone, although all the drill holes were drilled shallow (

 Ferguson Lake Project – East Zone: infill and expansion drill holes completed by the Company.

 

Figure 2 Ferguson Lake Project – East Zone: infill and expansion drill holes completed by the Company.

 

 
Table 1 Selected significant intersections for the drill holes (previously unreleased) at Ferguson Lake

 
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
Hole From To Width (m) Cu% Ni% Co% Pd g/t Pt g/t Rh g/t Au g/t
FL22-461 111.50 115.50 4.00 0.08 0.09 0.03 0.35 0.13   
Including 114.50 115.50 1.00 0.14 0.28   0.12    1.06   0.27 0.003 0.011
  182.90 186.50 3.60   0.53   0.14 0.02 0.28 0.06   
Including 182.92 183.76 0.84   1.81    0.47    0.06    0.90    0.08    0.026    0.031  
  197.00 203.00   6.00   0.02 0.03 0.01 0.34 0.26   
FL22-462 93.50 96.25 2.75 0.46 0.12 0.03 0.33 0.08   
Including 95.33 95.70 0.37   0.64    0.57    0.16    1.48   0.21 0.022 0.008
  145.30 145.75 0.45   1.27    0.88    0.13    1.63    0.18    0.057    0.011  
  209.00 213.50 4.50 0.02 0.05 0.01 0.45 0.10   
  218.40 221.00 2.60 0.13 0.09 0.02   0.87   0.31   
Including 219.40 221.00 1.60 0.19 0.09 0.02   1.08   0.42 0.005 0.001
FL22-463 138.00 138.50 0.50   0.52   0.19 0.06 0.29 0.13 0.020 0.001
  191.67 201.47   9.80   0.34   0.40   0.04   0.66   0.26   
Including 191.67 195.17   3.50    0.86    1.07    0.12    1.64    0.19    0.042    0.020  
Including 193.67 195.17 1.50   1.11    0.96    0.10    1.57    0.16    0.033    0.023  
  215.00 217.00 2.00 0.31 0.15 0.04 0.31 0.08 0.005 0.001
  248.00 260.00   12.00   0.00 0.03 0.00 0.34   0.93    
Including 248.00 249.50 1.50 0.00 0.03 0.01 0.16   4.43   0.001 0.001
  267.50 269.00 1.50 0.01 0.03 0.01   0.73   0.25 0.001 0.001
FL22-464 207.00 214.30   7.30   0.46   0.44   0.05   0.64   0.15 0.010  
Including 208.36 210.23 1.87   0.33    1.11    0.12    1.17    0.22    0.023   0.005
FL22-465 154.85 155.00 0.15 0.41   1.20   0.05   1.18   0.07 0.005 0.021
  195.80 199.80 4.00 0.31 0.15 0.02 0.33 0.08   
Including 195.80 195.97 0.17 0.06   1.15    0.12    1.09    0.36   0.006 0.011
Including 199.44 199.85 0.41   1.44   0.08 0.02 0.33 0.04 0.003 0.026
  238.50 249.00   10.50   0.01 0.03 0.00 0.44 0.12   
Including 247.50 249.00 1.50 0.00 0.04 0.01   1.75   0.03 0.002 0.001
  255.00 261.00   6.00   0.01 0.03 0.00 0.45 0.19   
  419.80 432.40   12.60   0.02 0.06 0.01 0.48 0.17   
Including 419.77 420.22 0.45 0.10   0.56   0.07   2.41   0.03 0.002 0.002
Including 432.00 432.40 0.40 0.19 0.04 0.01   8.19   0.50 0.001 0.015
FL22-466 195.50 203.00   7.50   0.13 0.05 0.01 0.35 0.10   
Including 196.06 196.30 0.24   2.00    0.34    0.03    0.83    0.14    0.010    0.031  
  219.00 221.00 2.00 0.02 0.03 0.01   2.65    0.85    
Including 220.00 220.60 0.60 0.06 0.03 0.01   8.65    2.76   0.001 0.004
  237.50 239.50 2.00 0.02 0.07 0.01 0.40   0.63    
  253.00 257.00 4.00 0.01 0.04 0.01   0.85    0.43    
Including 254.00 255.00 1.00 0.01 0.04 0.01   1.84    1.32   0.001 0.005
FL22-467 162.00 162.30 0.30 0.41   0.66   0.09   0.99   0.26 0.038 0.039
  203.80 209.00   5.20   0.19 0.10 0.02   0.51    1.04    
Including 203.77 204.02 0.25   2.27   0.10 0.01   0.52   0.17 0.004 0.406
Including 207.50 209.00 1.50 0.01 0.03 0.00   0.87    3.09   0.001 0.001
  254.00 264.00   10.00   0.01 0.04 0.01   1.19   0.20   
Including 257.00 258.50 1.50 0.02 0.04 0.01   4.44    0.84   0.001 0.006
FL22-468 211.00 212.00 1.00   1.30   0.14 0.02 0.24 0.03 0.001 0.032
  242.80 252.60   9.80    0.90   0.11 0.03 0.34 0.03   
Including 242.78 244.00 1.22   0.97   0.28   0.15   0.48 0.12 0.009 0.051
Including 252.00 252.63 0.63   10.00    0.27    0.04    2.25    0.16    0.001    0.292  
  282.00 291.00   9.00   0.04 0.06 0.01   0.71   0.28   
Including 282.00 283.00 1.00 0.03 0.08 0.01   2.06    0.87   0.003 0.003
FL22-469 177.00 178.00 1.00 0.11 0.29 0.06   0.53   0.09 0.003 0.013
  185.15 188.80 3.65 0.47   0.70   0.07   0.96   0.17 0.030  
Including 185.15 187.30 2.15   0.69    1.17    0.12    1.57    0.26    0.053    0.025  
  200.80 217.50   16.70    0.48    0.30    0.04    0.55    0.12    
Including 204.00 205.50 1.50   1.02    1.17    0.13    2.16    0.14    0.009    0.022  
Including 214.60 216.00 1.40   1.18    1.12    0.13    1.81    0.18    0.019    0.034  
  253.00 254.00 1.00 0.27 0.16 0.02   0.72   0.13 0.002 0.002
  263.00 266.00 3.00 0.00 0.03 0.01   0.57    1.08   0.004 0.001
FL22-470 13.00 34.00   21.00    1.11    0.71    0.10    1.29    0.15    0.050   
Including 13.00 13.50 0.50   5.41   0.27   0.40    1.63   0.36   0.059    0.101  
Including 17.50 19.50 2.00   0.75    1.04    0.13    1.69   0.01   0.096    0.015  
Including 22.50 24.50 2.00   2.60    0.63   0.08   1.33   0.10   0.065    0.027  
  48.00 52.00 4.00 0.36 0.15 0.02 0.31 0.06   
FL22-471 44.00 45.10 1.10   0.44    0.42   0.05   0.71   0.06   0.022    0.014  
  47.50 57.40   9.90    0.96    0.58   0.09   1.03   0.17   0.010    0.030  
Including 52.00 53.00 1.00   2.85    0.74    0.20    1.45   0.15   0.056    0.078  
Including 55.00 56.00 1.00   1.36    0.80   0.09   1.51   0.11   0.006    0.029  
FL22-472 83.40 87.00 3.60 0.27   0.32   0.04   0.62   0.13   
Including 83.40 84.90 1.50   0.45    0.73    0.08    1.37    0.14    0.043   0.006
  93.50 102.50   9.00   0.17 0.05 0.01   0.85   0.24   
Including 98.00 99.50 1.50   0.86   0.13 0.03   0.52    0.45    0.017    0.023  
  110.00 113.00 3.00 0.41 0.33 0.03   0.68   0.07   
  111.50 113.00 1.50   0.52    0.57    0.05    1.18   0.10   0.036    0.002  
FL22-473 107.60 110.50 2.90 0.45 0.24 0.04   0.54   0.11   
Including 108.80 109.30 0.50 0.18   0.86    0.09    1.45    0.31    0.056   0.007
  151.15 154.45 3.30 0.02 0.02 0.01 0.48 0.29   
FL22-474 183.50 186.50 3.00 0.04 0.04 0.01   0.79   0.09   
  207.50 210.50 3.00 0.01 0.03 0.01   0.59   0.18   
FL22-475 64.10 65.05 0.95   0.75    0.36   0.06   0.68   0.06 0.018 0.020
  114.50 125.50   11.00   0.02 0.08 0.01 0.23 0.30   
Including 114.50 116.00 1.50 0.01 0.03 0.01 0.23   1.55   0.003 0.001
Including 124.90 125.50 0.60 0.18   1.05    0.09    1.72    0.25    0.090   0.009
FL22-476 57.70 74.20   16.50   0.33 0.18 0.02   0.58   0.44   
Including 57.70 58.26 0.56 0.36   0.53   0.06   1.06   0.12 0.029 0.014
Including 61.75 62.25 0.50 0.36   0.43   0.05   1.13   0.24 0.036 0.009
Including 64.05 65.00 0.95 0.57 0.06 0.02   2.73    1.38   0.002 0.021
Including 65.70 66.41 0.71 0.18   0.56   0.06   1.24   0.26 0.032 0.013
Including 68.00 68.32 0.32   4.01    0.70    0.08    1.66    0.38    0.037    0.246  
Including 68.90 69.06 0.16 0.10   1.07    0.11    1.45   0.05 0.011 0.009
Including 72.48 72.98 0.50 0.19   0.86   0.07   1.11   0.23 0.010 0.007
Including 73.67 74.18 0.51 0.47   0.40   0.06   0.71   0.08 0.015 0.016
FL22-477 32.70 48.50   15.80   0.15 0.18 0.03 0.34 0.07   
Including 32.70 33.56 0.86 0.37   0.57    0.11    0.93   0.12 0.045 0.015
Including 40.30 41.25 0.95 0.67   0.94    0.11    1.51   0.17 0.009 0.010
Including 44.10 44.28 0.18 0.06   0.96   0.08   1.30   0.04 0.001 0.008
Including 47.57 48.50 0.93 0.41   0.55   0.08   1.02   0.23 0.005 0.019
  114.20 115.40 1.20   0.76   0.05 0.01 0.03 0.00 0.001 0.101
  130.38 131.10 0.72 0.08 0.29 0.05   0.52   0.00 0.001 0.020
FL22-478 39.60 46.90   7.30    0.83    0.76    0.09    1.31    0.19    0.047    0.028  
Including 39.60 44.00 4.40   1.05    0.98    0.12    1.66    0.24    0.064    0.031  
Including 41.80 42.80 1.00   2.13    0.89    0.11    1.64    0.37    0.066    0.042  
Including 44.27 44.58 0.31 0.48   0.97    0.12    1.85    0.33    0.067    0.029  
Including 45.53 46.27 0.74 0.37   0.90    0.11    1.58    0.22    0.041    0.025  
Including 46.27 46.90 0.63   1.25   0.24 0.03   0.45   0.03 0.014 0.042
  54.20 58.10 3.90   0.65   0.25 0.04   0.46   0.07 0.020  
Including 57.76 58.11 0.35 0.26   0.77   0.07   0.84   0.08   0.059   0.018
  63.50 68.91   5.40   0.26 0.17 0.02   0.30   0.03   
Including 67.15 67.70 0.55   0.58    0.93    0.10    1.33   0.05   0.050   0.014
FL22-479 50.15 53.85 3.70 0.36 0.18 0.02 0.28 0.04   
Including 50.15 50.44 0.29 0.18   0.87    0.10    1.39   0.11 0.008 0.015
Including 51.10 52.66 1.56   0.77   0.08 0.01 0.16 0.05 0.006 0.040
Including 53.50 53.85 0.35 0.06   0.52   0.05   0.55   0.05 0.026 0.010
  115.50 118.00 2.50 0.41 0.19 0.04 0.47 0.12   
Including 116.40 116.95 0.55   1.01    0.65    0.13    1.34    0.21    0.074   0.006
FL22-480 24.50 25.50 1.00 0.20 0.19 0.03   0.51   0.26 0.015 0.013
  32.00 33.50 1.50 0.48 0.08 0.04 0.25 0.40 0.002 0.014
  39.50 41.00 1.50   0.58   0.07 0.01 0.17 0.04 0.008 0.023
  49.50 51.70 2.20 0.46   0.45   0.04   1.02   0.14   
Including 49.46 49.78 0.32 0.30   0.64   0.06   2.23   0.28 0.049 0.024
Including 50.37 50.88 0.51 0.37   0.68   0.06   1.17   0.09 0.017 0.011
Including 51.18 51.70 0.52 0.29   0.79   0.08   1.43   0.28 0.012 0.010
FL22-481A 634.80 642.40   7.60    0.93    0.26    0.04    0.74    0.14    
Including 634.80 635.77 0.97   3.39    0.84    0.10    1.96    0.26    0.109    0.070  
Including 641.00 642.42 1.42   2.43    0.71    0.12    1.88    0.18    0.044    0.058  
  750.00 755.00   5.00   0.07 0.14 0.02   0.63   0.07   
Including 750.00 750.50 0.50 0.13 0.18 0.03   1.23   0.26 0.004 0.009
Including 754.12 755.00 0.88 0.30   0.57   0.06   2.57   0.23 0.012 0.011
  792.00 803.00   11.00   0.03 0.05 0.01   0.48   0.11   
Including 792.00 793.00 1.00 0.02 0.06 0.01   1.01   0.04 0.006 0.011
Including 802.00 803.00 1.00 0.05 0.07 0.01   1.13   0.20 0.002 0.001
FL22-483 66.50 69.50 3.00 0.01 0.03 0.01 0.46 0.24   
  82.50 83.60 1.10 0.40 0.27 0.04   0.55   0.09   
Including 83.30 83.60 0.30   0.52    0.89    0.12    1.57   0.10 0.005 0.016
FL22-484 38.03 45.03   7.00   0.42 0.23 0.03 0.40 0.08   
Including 40.70 41.20 0.50   2.36   0.12 0.02   0.51   0.06 0.035 0.023
Including 43.93 45.03 1.10 0.37   0.80    0.10    1.30    0.20    0.032   0.005
FL22-484A 39.67 41.77 2.10 0.45   0.75   0.09   1.29   0.07   
Including 39.67 40.52 0.85 0.41   1.08    0.13    1.73    0.06    0.151   0.007
Including 40.52 41.28 0.76   0.69    0.78   0.09   1.58   0.11   0.122   0.018
  113.28 114.02 0.74   1.24   0.05 0.01 0.05 0.01 0.001 0.019
FL22-485 26.00 29.40 3.40 0.13 0.20 0.02 0.42 0.07 0.040  
Including 26.80 27.30 0.50 0.29   0.89    0.07    1.34    0.24    0.135   0.005
  FL22-486    122.87    131.30    8.43    0.64    0.30    0.04    0.50    0.14    0.060   
Including 122.87 123.20 0.33   0.51    0.58   0.04   1.08   0.16   0.101   0.009
Including 125.40 125.80 0.40 0.36   0.86    0.11    1.21   0.13   0.146   0.025
Including 126.76 127.45 0.69 0.19   1.12    0.13    1.43   0.07   0.177   0.001
Including 127.45 128.59 1.14   1.78    0.47   0.06   0.84    0.50    0.090   0.028
Including 130.40 131.30 0.90   1.71   0.20 0.03   0.51   0.32   0.052   0.059
  135.54 140.54   5.00   0.28   0.27   0.05   0.55   0.06   0.050   
Including 135.85 136.53 0.68 0.19   1.07    0.12    1.85   0.08   0.184   0.006
Including 140.10 140.54 0.44 0.07   0.39   0.04   0.99   0.10 0.001 0.005
FL22-486A 119.55 120.00 0.45 0.20 0.27 0.09 0.47 0.11 0.004 0.008
  121.80 125.00 3.20 0.26   0.31   0.04   0.58   0.07   0.070   
Including 121.77 122.09 0.32 0.27   0.96   0.10   1.21   0.18   0.117   0.009
Including 122.63 122.88 0.25 0.31   0.79   0.09   2.11   0.23   0.097   0.015
  136.70 139.20 2.50 0.33 0.27 0.04 0.46 0.09 0.010  
Including 136.75 137.72 0.97 0.29   0.56   0.07   0.88   0.12 0.001 0.008
Including 138.98 139.18 0.20   2.12    0.23    0.10    0.84   0.33 0.001 0.050
  192.50 195.10 2.60 0.25 0.04 0.01 0.16 0.04 0.001   0.104  
FL22-487 47.90 54.90   7.00   0.30 0.13 0.02 0.44 0.10   
including 47.86 48.77 0.91   1.37    0.44    0.05    1.20    0.17    0.037    0.062  
including 49.30 49.70 0.40 0.13   0.46   0.05   1.15    0.45   0.022 0.008
including 52.20 53.15 0.95   1.51   0.22 0.08   0.70   0.14 0.005 0.081
  60.70 66.70   6.00    0.89    0.44    0.05    1.16    0.26    0.010    0.100  
including 60.68 61.83 1.15   1.15    0.27    0.04    0.73    0.16    0.017    0.267  
including 63.02 66.70 3.68   1.00    0.63    0.07    1.64    0.38    0.006    0.076  
FL22-488 76.05 76.60 0.55 0.29   0.93    0.10    1.31    0.17    0.087   0.007
  82.50 90.20   7.70   0.30 0.13 0.02 0.34 0.10   
Including 89.44 90.23 0.79 0.29   0.50   0.06   1.12   0.26 0.001 0.013
  95.40 95.55 0.15 0.28   0.52   0.03   0.89   0.18 0.002 0.014
FL22-489 37.60 46.70   9.10   0.28 0.24 0.03 0.45 0.07 0.030 0.060
Including 37.60 38.94 1.34 0.13 0.03 0.01 0.05 0.01 0.001   0.399  
Including 41.45 42.35 0.90 0.26   0.76   0.09   1.54   0.18   0.085   0.017
Including 43.13 44.00 0.87   0.51    0.64   0.09   0.50   0.11   0.075   0.021
Including 44.46 45.10 0.64 0.41   0.58   0.07   1.22   0.16   0.049   0.037
FL22-490 28.10 38.00   9.90   0.34 0.14 0.02 0.33 0.03 0.030   0.200  
Including 28.48 29.00 0.52   1.04   0.20 0.05   0.67   0.05 0.045   0.214  
Including 30.98 31.70 0.72   1.22   0.07 0.01 0.32 0.02 0.012   0.343  
   43.40    63.70    20.30    0.36    0.24    0.03    0.55    0.08    0.020    0.020  
Including 51.89 52.64 0.75 0.39   0.98    0.11    1.78   0.18 0.050 0.011
Including 53.24 53.59 0.35 0.10   1.00    0.11    2.47   0.11 0.056 0.007
Including 63.15 63.66 0.51   0.58    0.71   0.08   1.57   0.18 0.003 0.025
FL22-491 222.90 226.20 3.30   0.66   0.23 0.04   0.63   0.10   
Including 222.90 224.40 1.50   1.24   0.26 0.04   0.96    0.16    0.021    0.053  
FL22-492 41.00 42.00 1.00   0.44   0.01 0.01 0.01 0.01 0.001   0.128  
  231.00 239.50   8.50    0.80    0.63    0.08    1.63    0.23    0.010   
Including 237.73 239.00 1.27   1.72   0.29 0.04   0.87   0.25 0.007 0.046
  241.00 241.80 0.80   0.58   0.20 0.03   0.53   0.14 0.004 0.026
FL22-493 56.35 56.62 0.27 0.38   0.39   0.09   1.43   0.14 0.012 0.032
  66.50 71.10 4.60 0.33 0.27 0.04   0.84   0.11   
Including 66.50 67.00 0.50   1.41   0.06 0.01 0.28 0.01 0.001 0.066
Including 67.50 69.40 1.90 0.28   0.55   0.08   1.66   0.21 0.019 0.008
Including 70.95 71.15 0.20 0.90   0.64   0.04   2.41   0.34 0.007 0.059
FL22-494 15.50 17.00 1.50 0.03 0.02 0.00 0.03 0.00 0.002   2.190  
  28.00 50.00   22.00    0.44    0.30    0.04    0.57    0.09    0.030   
Including 36.64 42.44   5.80    1.15    0.73    0.09    1.37    0.23    0.079    0.045  
  204.50 207.50 3.00 0.11 0.07 0.01   0.51   0.17 0.020  
FL22-498 312.50 320.00   7.50   0.22 0.19 0.02 0.44 0.04   
Including 312.50 313.50 1.00 0.21   0.56   0.06   1.40   0.08 0.018 0.009
Including 318.80 320.00 1.20   1.01    0.30   0.03   0.81   0.09   0.023   0.025
  386.00 389.00 3.00 0.02 0.06 0.01 0.45 0.07   
FL22-499 297.50 300.00 2.50 0.06 0.32 0.03   0.76   0.15   
Including 299.36 300.05 0.69 0.19   0.96    0.08    2.26    0.37    0.023    0.015  
  318.50 320.80 2.30 0.40 0.13 0.03 0.48 0.04   
  320.35 320.85 0.50   1.35    0.44    0.12    2.01    0.19    0.044    0.013  
 

  Quality Assurance and Quality Control (QA/QC):  

 

 Canadian North Resources Inc. has implemented a quality control program for its Ferguson Lake Project to ensure best practice in the sampling and analysis of the drill cores, which includes the insertion of blanks, duplicates, and certified standards into the sample stream. NQ-sized drill core is saw cut with half of the remaining drill core sampled at intervals based on geological criteria including previous historic results, lithology, visual mineralization, and alteration. The remaining part of the core is stored on-site on the property.

 

Drill core samples are shipped by bonded carriers in secured containers and submitted to the ALS Geochemistry Yellowknife, Northwest Territories facility for sample preparation and forwarded to the ALS Geochemistry facility in North Vancouver, British Columbia for geochemical analyses. PGE and Gold analyses are obtained via industry standard fire assay with ICP-AES finish for Au, Pt and Pd and ICP-MS finish for Rh using 30g nominal sample weights. For samples returning greater than 10 g/t follow-up fire assay analysis with a gravimetric finish is completed. Samples are also analysed for 33 trace and major elements by ICP-AES following four-acid digestion. ALS Global quality systems conform to requirements of ISO/IEC Standard 17025 guidelines and meets assay requirements outlined for NI 43-101.

 

The sampling and QA/QC program were undertaken by Company personnel under the direction and supervision      of Qualified Person Dr. Trevor Boyd, P.Geo. A secure chain of custody is maintained in storing and transporting of all samples.

 

  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. (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, June 13, 2022, Prepared by Elisabeth Ronacher and Jamie Lavigne." filed by the Company to Sedar.com).

 

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

 

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.

 

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.

 

 

 

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Canadian North Resources Inc. Announces Results of Annual General Meeting

Canadian North Resources Inc. Announces Results of Annual General Meeting

 

Canadian North Resources Inc. ("CNRI" or "the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) 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 (114,527,617).

 

Shareholders approved the re-election of all Directors as listed in the Management Information Circular dated May 28, 2024, and the reappointment of MNP LLP, Chartered Professional Accountants, as auditors of the Company at a remuneration to be fixed by the directors. In addition, the resolution to ratify and approve the Company's Stock Option Plan was passed.

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Canadian North Resources Inc. Reports Financial Results and Operational Update for the First Quarter Ended March 31, 2024

Canadian North Resources Inc. Reports Financial Results and Operational Update for the First Quarter Ended March 31, 2024

 

  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 (Figure 1 and 2). 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 strike and down dip of the 15 km long main mineralized horizon and on additional zones including M-Zone, A51-Zone, A51 Zone Extension, Small Island and Lake Zone, West Zone South and South Discovery Zone (Figure 1).  
    •  
  •   Planned new metallurgical tests, economic evaluation and infrastructure and environmental studies for low-carbon footprint mine development at the Ferguson Lake Project.  
    •  

Canadian North Resources Inc. ("Canadian North" or the "Company") (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report its operational and financial results for the first quarter ended March 31, 2024.

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Canadian North Resources Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Ferguson Lake Project in Nunavut, Canada

Canadian North Resources Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Ferguson Lake Project in Nunavut, Canada

 

  Highlights:  

 
  •   Indicated Mineral Resources to 66.1 million tonnes (Mt) containing 1,093 million pounds (Mlb) copper at 0.75%, 678Mlb nickel at 0.47%, 79Mlb cobalt at 0.05%, 2.34 million ounces (Moz) 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 at 0.98%, 333Mlb nickel at 0.58%, 40Mlb cobalt at 0.07%, 1.12Moz palladium at 1.43 g/t and 0.21Moz platinum at 0.25 g/t.  
    •  
  •   The Mineral Resources are estimated only for the West, Central and East Zone of the 15km long main mineralized horizon. The potential to identify additional Mineral Resources exists along the strike and down dip of the currently defined Mineral Resources and on satellite zones including M-Zone, A51-Zone, A51 Far Side Zone, West Zone South and South Discovery Zone.  
    •  

Canadian North Resources Inc. ("Canadian North" or the "Company") (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that following the release of the Mineral Resource estimate on March 19, 2024, it has filed its National Instrument 43-101 Technical Report on its 100% owned Ferguson Lake base metal (nickel, copper, cobalt) and platinum-group metals ("PGM", palladium and platinum) Project ("the Ferguson Lake Project" or "the Project"), entitled "Independent Technical Report on the Mineral Resource Estimate for the Ferguson Lake Project, Nunavut, Canada ("the Technical Report")", prepared by SRK Consulting and Ronacher McKenzie Geoscience Inc., effective March 19, 2024, on SEDAR at http:www.sedar+.com . The Technical Report has also been posted on the Company's website at www.cnresources.com .

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Canadian North Resources Inc. Reports Operational and Financial Results for the Year Ended December 31, 2023

Canadian North Resources Inc. Reports Operational and Financial Results for the Year Ended December 31, 2023

 

  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 172% increase of Indicated Mineral Resources to 66.1 million tonnes (Mt) containing 1,093 million pounds (Mlb) copper at 0.75%, 678Mlb nickel at 0.47%, 79Mlb cobalt at 0.05%, 2.34 million ounces (Moz) 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, 0.97g/t Pd and 0.17% Pt.  
      •  
    •   Inferred Mineral Resources of 25.9Mt containing 558Mlb copper at 0.98%, 333Mlb nickel at 0.58%, 40Mlb cobalt at 0.07%, 1.12Moz palladium at 1.43 g/t and 0.21Moz platinum at 0.25 g/t.  
      •  
    •  

Canadian North Resources Inc. ("the Company", TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce the operational and financial results for the year ended December 31, 2023.

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Canadian North Resources Inc. Announces Normal Course Issuer Bid Share

Canadian North Resources Inc. Announces Normal Course Issuer Bid Share

 

Canadian North Resources Inc. ("CNRI" or "the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) announces that it has filed with the TSX Venture Exchange a Notice of Intention to Make a Normal Course Issuer Bid ("NCIB") 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 does not accurately reflect the value of those shares. As a result, the Company intends to repurchase CNRI's Common Shares that may become available for purchase at prices, which make them an appropriate use of funds of the Company.

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Canadian Investment Regulatory Organization Trade Resumption - PRIZ

Canadian Investment Regulatory Organization Trade Resumption - PRIZ

 
 

Trading resumes in:

 

Company:  Prismo Metals Inc.  

 

 

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Prismo Metals Announces Closing of Upsized Private Placement Silver King Exploration to Begin in July

Prismo Metals Announces Closing of Upsized Private Placement Silver King Exploration to Begin in July

 

(TheNewswire)

 
       
  Prismo Metals Inc. 
                
 

Vancouver, British Columbia, July 18, 2025 TheNewswire - Prismo Metals Inc. (" Prismo " or the " Company ") (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that further to its news release dated July 3, 2025, the Company has upsized and closed its previously announced non-brokered private placement of units of the Company (" Units ") at an issue price of $0.05 per Unit  (the "Private Placement" ). Due to strong investor demand, the Private Placement was increased from 5,000,000 Units to the issuance of 11,500,000 Units for gross proceeds of $575,000.

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High Grade Vein with Visible Gold Discovered at Music Well

High Grade Vein with Visible Gold Discovered at Music Well

Augustus Minerals (AUG:AU) has announced High Grade Vein with Visible Gold Discovered at Music Well

Download the PDF here.

Drill permits received for maiden Mount Hope drill program

Drill permits received for maiden Mount Hope drill program

Mount Hope Mining (MHM:AU) has announced Drill permits received for maiden Mount Hope drill program

Download the PDF here.

Finlay Minerals Announces Increased Budget for PIL and ATTY Projects

Finlay Minerals Announces Increased Budget for PIL and ATTY Projects

 
 

Finlay Minerals Ltd . (TSXV: FYL,OTC:FYMNF) (OTCQB: FYMNF), the "Company", is pleased to announce that the approved budget under the Earn-In Agreements with Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") 1 for both the PIL and ATTY Projects, has been increased to a total of $3.6 million .

 
 

  Finlay Minerals Ltd. logo (CNW Group/Finlay Minerals Ltd.) 

 

Both projects are situated in the highly prospective Toodoggone District of British Columbia , which continues to develop as an important copper-gold (Cu-Au) district with significant potential for further discoveries.

 

Initially, the 2025 budget was set at a minimum of $750,000 for the PIL property and $500,000 for the ATTY property. However, these amounts have now been revised to up to $2.6 million for the PIL project and up to $1.0 million for the ATTY project. Both programs are fully funded under the Earn-In Agreements with Freeport . According to these agreements, Freeport may earn an 80% interest in each property by investing a total of $35 million in exploration expenditures and making cash payments totaling $4.1 million over/up to six years.   2 Until the Finlay-Freeport Earn-In Agreements complete, Finlay owns 100% of both properties.

 

The PIL   Property lies in the heart of the Toodoggone region and features several porphyry copper-gold (Cu-Au) targets, along with associated epithermal gold-silver (Au-Ag) mineralization.  To date, 18 porphyry Cu ± Mo ± Au and porphyry-related low- and high-sulphidation epithermal Au-Ag occurrences have been outlined on the PIL Property. The PIL property is adjacent to Amarc Resources and Freeport-McMoRan's JOY Project, as well as TDG Gold Corp.'s Shasta/Baker and Sofia Properties. It is also situated 25 kilometres ("km") northwest of Centerra Gold's former Kemess South Mine and 15 km east of Thesis Gold's Lawyers Project.

 

The ATTY Property covers 3,875 hectares of sub-alpine terrain in the southern Toodoggone region, an area known for significant porphyry copper-gold (Cu-Au) and epithermal gold-silver (Au-Ag) deposits. It is located between Centerra Gold's Kemess Project and the JOY Project, held by Amarc Resources and Freeport-McMoRan. The KEM target on the ATTY Property resembles the Kemess North Trend, which is home to the Kemess Underground and Kemess East deposits. Exploration will focus on the Wrich target, located near the copper geochemical anomaly at the SWT target on the JOY Property. This anomaly extends over 2 km and continues onto the ATTY Property for an additional 1.2 km to the southeast.

 

  The 2025 programs at the PIL and ATTY are well underway with:  

 
  • Detailed property-wide, 100 metre line-spaced airborne magnetic surveys completed on both properties;

    •  
  • Detailed geological and alteration mapping and expanded rock and soil sampling on up to 8 target areas on the PIL underway, with the ATTY expected to start by the end of July;

    •  
  • 53 line-km of induced polarization ("IP") geophysical surveys planned on the PIL and 16 line-km on the ATTY, and

    •  
  • Finlay acting as the Operator on both properties.
    •  

Finlay's President and CEO, Ilona Lindsay , states :  

 

  "We are very pleased with the substantial increase in approved funding for both the PIL and the ATTY. This additional funding will allow us to identify and prioritize as many targets as possible for drilling in 2026."  

 

  References:  

 
  1. Freeport-McMoRan (FCX) is a leading international metals company focused on copper, with major operations in the Americas and Indonesia and significant reserves of copper, gold, and molybdenum.

    2.  
  2. Finlay news releases NR 03-25 dated April 17, 2025 entitled: "  Finlay Minerals Enters into Earn-In Agreements with Freeport for its PIL & ATTY Properties " and NR 05-25 dated May 2, 2025 and entitled: "  Finlay Minerals Receives TSX Venture Exchange Approval for PIL Earn-In Agreement. "
    3.  

  Qualified Person:  

 

  Wade Barnes , P. Geo. and Vice President, Exploration for Finlay Minerals and a qualified person as defined by National Instrument 43-101, has approved the technical content of this news release.

 

  About finlay minerals ltd.  

 

Finlay is a TSXV company focused on exploration for base and precious metal deposits with five properties in northern British Columbia :

 

Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at www.finlayminerals.com   .  

 

  On behalf of the Board of Directors,  

 

  Robert F. Brown ,
Executive Chairman of the Board

 

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

 

   Forward-Looking Information:    This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements.  Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements in this news release include statements regarding, among others, the exploration plans for the PIL & ATTY Properties. Although Finlay 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 or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These forward-looking statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals, the ability of Finlay and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Finlay's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law.  

 

SOURCE finlay minerals ltd. 

 

 

 

 Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/17/c1585.html  

 
 

 

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Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing

Juggernaut Closes $1,000,000 $0.64 Unit Private Placement Financing

 

(TheNewswire)

 
        
  Juggernaut Exploration Ltd. 
                   
 

Vancouver, British Columbia TheNewswire - July 17, 2025 Juggernaut Exploration Ltd. (TSX-V: JUGR) (OTCQB: JUGRF) (FSE: 4JE) (the "Company" or "Juggernaut"), further to its July 3, 2025, news release the Company is pleased to announce that it has received approval from the TSX Venture Exchange to close its private placement financing (the "Financing") for aggregate gross proceeds of $1,000,000.

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