With Potential World-Class Resources in Canada for high-grade Palladium, Platinum, Rhodium and Copper, Nickel, Cobalt that are used increasingly in the clean-energy and high-tech industries worldwide.
Canadian North Resources Inc. (CNRI) is a Canadian mining company at late-stage exploration and development of a mining property, the Ferguson Lake Project, in the Kivalliq Region of Nunavut, Canada. The Company owns 100% of the Ferguson Lake Project that has abundant base metals (copper-nickel-cobalt) and platinum-group Metals (palladium, platinum, and rhodium)
Ferguson Lake Project has substantial indicated/inferred historic resources*
Copper (1,010 Mlb), Nickel (672 Mlb), and Cobalt (60 Mlb) and Palladium (1.9 Moz) and Platinum (0.31 Moz)*
The project site includes a 825 meter long by 30 meter wide airstrip, 55 person all-year camp, and infrastructure with operational field/ heavy equipment
C$140 M+ being spent on ground 191,000 metres diamond drilling in 623 holes mainly on 2 of the 10 identified zones along a 15-km long mineralized belt.*
* These are now historical estimates provided for information only, original source Starfield Resources Inc. Nov. 2011, Technical Report filed on SEDAR but now outdated, no longer valid and not to be relied upon as being 43-101 compliant. A significant re-evaluation at today’s gold prices and economic conditions would have to be completed to upgrade this historic estimate as current mineral resources.
Our vision is to create shareholder value through the resource expansion and development of a world-class base metals (“BM”) and platinum-group (“PGM”) mineralized system at Ferguson Lake. Plans are to enlarge the high-grade resources by diamond drilling prospective high-grade BM massive sulfides and high-grade PGM targets, to re-model metal resources, to expand metallurgical testing, to update technical reporting, and to advance preliminary economic assessment (“PEA”) and feasibility studies.
Magmatic Cu-Ni-Co sulfides with high-grade PGM grades
Hole FL01-84: 46.9m
1.1%-Cu, 0.64%-Ni, 0.07%-Co, 1.60g/t Pd, 0.29g/t Pt *
Greater than ten sulfide zones with numerous target sites
Hole FL05-237: 103.7m
1.29%-Cu, 0.73%-Ni, 0.08%-Co, 1.94g/t Pd, 0.38g/t Pt *
Three major massive zones drill tested to-date
Hole FL06-261: 75.9m
0.93%-Cu, 0.49%-Ni, 0.06%-Co, 1.21g/t Pd, 0.28g/t Pt *
Mafic to ultramafic intrusions
high-grade Base Metals
and PGM ore potential
Previous exploration
focused on
massive lenses
not on the high-grade PGM footwall structures
Tested Mineralized Belt
continuity and predictability
over a strike length
of more than 15km
* These are now historical estimates provided for information only, original source Starfield Resources Inc. Nov. 2011, Technical Report filed on SEDAR but now outdated, no longer valid and not to be relied upon as being 43-101 compliant. A significant re-evaluation at today’s gold prices and economic conditions would have to be completed to upgrade this historic estimate as current mineral resources.