Canadian North Resources Inc. Provides an Update on its Metallurgical Testing Programs at the Ferguson Lake Project
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“CNRI” or “the Company,” TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report encouraging results from its series of flotation bench tests of various domains of mineralized samples obtained from its 100% owned Ferguson Lake Project (“Ferguson Lake Project”) in Nunavut, Canada which were conducted during 2023. The program and results are built upon metallurgical testing that completed by the Company in 2016.
- Bench tests successfully produced saleable up to 30% Cu and between 37 and 62 g/t PGMs concentrates with 80% Cu recovery.
- It was concluded that there is potential to significantly improve these results with additional testing using optimized conditions based upon our improved understanding of the Cu, Ni and PGM’s mineral deportment.
- Additional tests and investigations of the PGM mineralogy of the deposit are expected to improve these results.
- The technical contents of this News Release have been reviewed and approved by Dr. Trevor Boyd, P.Geo., a Qualified Person as defined by Canadian National Instrument 43-101 standards.