Canadian North Resources: Pioneering Sustainable Mining at PDAC 2025
Monday, Feb 24, 2025 10:38 pm ET
Canadian North Resources Inc. (TSXV: CNRI) (OTCQX: CNRSF) (FSE: EO0) is set to make a significant impact at the Prospectors & Developers Association of Canada (PDAC) Convention in Toronto from March 2-4, 2025. The company invites shareholders and investors to visit booth #3031, where they will showcase their innovative bioleaching technology and the promising results achieved at the Ferguson Lake project.
Canadian North Resources is an exploration and development company focusing on metals crucial for clean-energy, electric vehicles, battery, and high-tech industries. The company's Ferguson Lake project, located in the Kivalliq Region of Nunavut, Canada, covers an area of 253.8 km2 and contains substantial National Instrument 43-101 compliant Mineral Resource Estimate. The project boasts Indicated Mineral Resources of 66.1 million tonnes (Mt) containing 1,093 million pounds (Mlb) copper at 0.75%, 678Mlb nickel at 0.47%, 79.3Mlb cobalt at 0.05%, 2.34 million ounces (Moz) palladium at 1.10gpt, and 0.419Moz platinum at 0.19gpt. Inferred Mineral Resources total 25.9Mt, containing 558Mlb copper at 0.98%, 333Mlb nickel at 0.58%, 39.6Mlb cobalt at 0.07%, 1.192Moz palladium at 1.43gpt, and 0.205Moz platinum at 0.25gpt.
The company's commitment to sustainable, low-carbon mining practices is evident in their pioneering bioleaching initiatives. The initial results of applying this eco-friendly technology to the Ferguson Lake project indicate 96-98% extraction of nickel and cobalt from massive sulfides samples and rougher sulfide tails. This high efficiency in metal extraction could potentially simplify mineral processing by bypassing traditional smelting and refining, reducing capital and operating costs, and reinforcing the company's commitment to sustainable mining practices.
Dr. Kaihui Yang, President and CEO of Canadian North Resources, stated, "This is an exciting time for Canadian North Resources as our pioneering bioleaching initiatives are yielding promising results for the development of the Ferguson Lake project. Our initial tests indicate highly efficient metal extraction, with the potential to simplify mineral processing by bypassing traditional smelting and refining. This innovative approach not only reduces capital and operating costs but also reinforces our commitment to sustainable, low-carbon mining practices. We look forward to engaging with shareholders and industry leaders at this world-class event."
Canadian North Resources' commitment to sustainable, low-carbon mining practices aligns with the growing demand for ethical and environmentally responsible investments. As the world shifts towards clean energy and carbon neutrality, the demand for critical minerals is escalating. The company's Ferguson Lake project, with its substantial high-grade mineral resources and remarkable expansion potential, is well-positioned to cater to this growing demand.

In conclusion, Canadian North Resources' participation in PDAC 2025 and their commitment to sustainable, low-carbon mining practices through bioleaching technology present an attractive investment opportunity. The company's focus on critical minerals, substantial mineral resources, and innovative processing methods position it well to capitalize on the growing demand for ethical and environmentally responsible investments in the clean-energy and electric vehicle sectors.