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Over 15 km long high-grade mineralized zone with infrastructure

FERGUSON LAKE PROJECT

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Experience with global mining funds and major companies

SUCCESSFUL CORPORATE TEAM

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Building value in emerging Canadian mining region

INVESTING IN CANADIAN NORTH

Canadian North Resources

With high-grade and large mineral resources and significant expansion potential for nickel, copper, cobalt, palladium, and platinum 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) mineral resources.

Ferguson Lake Project  has substantial indicated/inferred mineral resources*

Over 71 million tonnes containing substantial resources of copper (1,402 million pounds, Mlb), nickel (872, Mlb), cobalt (99.9 Mlb), palladium (3.20 million ounces, Moz), and platinum (0.56 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$150 million being spent on ground with >200,000 meters diamond drilling in >650 holes

Source: Canadian North Resources Inc. June 13, 2022, “Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada” filed on SEDAR.

Our Vision

Our vision is to create shareholder value through the resource expansion and development of the large base metals (“BM”) and platinum-group (“PGM”) mineral resources at Ferguson Lake. Plans are to increasethe high-grade resources by diamond drilling prospective high-grade BM massive sulfides and high-grade PGM targets,  to expand metallurgical testing, to update technical reporting, and to advance preliminary economic assessment (“PEA”) and feasibility studies.

Ferguson Lake -Zone maps

Hole FL05-237: 103.7m
1.29%-Cu, 0.73%-Ni, 0.08%-Co, 1.94g/t Pd, 0.38g/t Pt *

Two massive sulfide zones drilled on grid for resource definition

Hole FL06-261: 75.9m
0.93%-Cu, 0.49%-Ni, 0.06%-Co, 1.21g/t Pd, 0.28g/t Pt *

Magmatic Cu-Ni-Co sulfides with high-grade PGM

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

Mafic to ultramafic intrusions
high-grade Base Metals
and PGM 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

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