CNRI

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

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星期一, 五月 27, 2024
Prospectors, Metallurgy, News, Technical report, CNRI, National instrument, Probability, Palladium, Mineral Resources Limited, QP, Conference, Consultant, Internet, PDAC, Corporation, Indian stock exchange, Cobalt, TMX Group, PD, Resource, Copper, PGM, Nickel, Overalls, System, Platinum, Technical advisor

TORONTO, May 27, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • TORONTO, May 27, 2024 (GLOBE NEWSWIRE) -- 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.
  • For the quarter ended March 31, 2024, the Company reported a net loss and comprehensive loss of $791,061 or $0.01 per share.
  • April 24, 2024, the Company filed the annual financial results and operational updates for 2023.
  • For the quarter end Financial Statement and Management’s Discussion and Analysis, please see the Company website at www.cnresources.com or on SEDAR.

Clean Core Thorium Energy Furthers Collaboration with Canadian Nuclear Laboratories under CNRI Program

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星期二, 五月 7, 2024
Core, Nuclear energy, DOE, Advanced Test Reactor, Physics, Safety, CNL, NU, PHWR, Validation, HALEU, CNRI, Thorium, Strategic partnership, CNSC, Nuclear, ANEEL, Uranium mining

CHICAGO, May 07, 2024 (GLOBE NEWSWIRE) -- Clean Core Thorium Energy (Clean Core) announced a further collaboration with Canadian Nuclear Laboratories (CNL) on their ANEEL™ fuel technology.

Key Points: 
  • CHICAGO, May 07, 2024 (GLOBE NEWSWIRE) -- Clean Core Thorium Energy (Clean Core) announced a further collaboration with Canadian Nuclear Laboratories (CNL) on their ANEEL™ fuel technology.
  • Notably, the CNL has approved a Clean Core submitted proposal, “Advanced Nuclear Energy for Enriched Life (ANEEL) CNSC Licensing Verification and Validation,” as a proposed project managed under the Canadian Nuclear Research Initiative (CNRI) Program.
  • During the subsequent detailed discussion phase of the program, CNL will work with Clean Core to further establish scope and timeline.
  • Clean Core is commercializing a patented fuel, ANEEL™ fuel, made of thorium and high-assay low-enriched uranium (HALEU), designed for existing pressurized heavy water reactors (PHWR) and CANDU reactors.

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

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星期一, 五月 6, 2024
Copper, NSR, Project, Rhodium, Silver, PGM, Metal, Resource, PD, Technical report, Mineral, Cobalt, Mineral Resources Limited, Gold, Platinum, Technical, National instrument, Palladium, CNRI, SRK, PGE, Note, Nickel

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • 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.
  • The Mineral Resources are estimated only for the West, Central and East Zone of the 15km long main mineralized horizon.
  • The Mineral Resource model indicates potential for continued Mineral Resource expansion along strike and at depth over the mineralized horizon.
  • Table 1: Mineral Resource Statement*, Ferguson Lake Project, Nunavut, SRK Consulting (Canada) Inc., March 19, 2024
    Mineral Resource Statement, Ferguson Lake Project, Canada.

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

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星期三, 四月 24, 2024
Prospectors, Success, DTC, Technical report, Resource, Mineral Resources Limited, Income Tax Act, PDAC, Overalls, Corporation, Nickel, PGM, Probability, News, Metallurgy, TMX Group, Conference, National Instrument 43-101, Gold, Database, Technical advisor, QP, Consultant, National instrument, Government, Completeness, RH, Ice, PD, Depository Trust Company, Indian stock exchange, Property, DIG, CNRI, Bank statement, Mining

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- 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.
  • “This year we will continue to expand the mineral resources at the Ferguson Lake project,” Dr. Yang added.
  • For the year ended December 31, 2023, the Company reported a net loss of $6,400,496 or $0.06 per share.
  • For the Year End 2023 financial statements and Management’s Discussion and Analysis, please see the Company website at www.cnresources.com or on SEDAR.

Canadian North Resources Inc. Announces Normal Course Issuer Bid Share

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星期五, 四月 5, 2024
Indian stock exchange, NCBI, TSX Venture Exchange, TMX Group, Acquisition, CNRI, National instrument, News

TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- 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.
  • 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.

General Fusion Partners with Canadian Nuclear Laboratories to Advance Commercial Power Plant Design

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星期四, 四月 4, 2024
Electricity, Tritium, MTF, Nuclear, Face, Research, General Fusion, Private sector, CNRI, CNL, Magnetized target fusion, Lithium

RICHMOND, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- General Fusion has launched a new project in collaboration with Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, to advance the design of its commercial fusion power plant.

Key Points: 
  • RICHMOND, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- General Fusion has launched a new project in collaboration with Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, to advance the design of its commercial fusion power plant.
  • Now, General Fusion will leverage CNL’s expertise, capabilities, and advanced facilities in power plant design, licensing, and operations.
  • As a result, General Fusion will refine its design for a practical and economical power plant that is cost competitive.
  • “Canada has a strong fusion ecosystem, with General Fusion leading the private sector and Canadian Nuclear Laboratories providing world-class fusion R&D,” said Greg Twinney, CEO, General Fusion.

Canadian North Resources Inc. Provides an Update on its Metallurgical Testing Programs at the Ferguson Lake Project

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星期三, 四月 3, 2024
History, NSR, CNRI, National instrument, News, PGM, Platinum group, PD, Resource

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.

Key Points: 
  • 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.

Canadian North Resources Inc. Announces Amendments to Consultants' Options

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星期四, 三月 21, 2024
CNRI, Indian stock exchange, Corporation, TSX Venture Exchange, Consultant

TORONTO, March 21, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) announces that, subject to acceptance by the TSX Venture Exchange, it proposes to amend the exercise price of options to purchase a total of 1,600,000 Common Shares from $2.45 to $1.70 per share, for options previously granted to consultants to the Corporation.

Key Points: 
  • TORONTO, March 21, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. ("the Company," TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) announces that, subject to acceptance by the TSX Venture Exchange, it proposes to amend the exercise price of options to purchase a total of 1,600,000 Common Shares from $2.45 to $1.70 per share, for options previously granted to consultants to the Corporation.

Canadian North Resources Inc. Invites Investment Community to Visit Them at Booth 3031 at PDAC 2023 in Toronto, March 3-6

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星期二, 二月 27, 2024
Prospectors, Copper, MTCC, Nickel, Metro Toronto Convention Centre, PGM, PDAC, Cobalt, CPFI, Palladium, Corporation, CNRI

Dr. Kaihui Yang, CEO of the Company, will present at the Corporate Presentation Forum for Investors ("CPFI") Nickel and PGM session on March 5, 2024, at 10:10 AM.

Key Points: 
  • Dr. Kaihui Yang, CEO of the Company, will present at the Corporate Presentation Forum for Investors ("CPFI") Nickel and PGM session on March 5, 2024, at 10:10 AM.
  • Dr. Yang will present a 10-minute overview of the Company and its large, high-grade Ferguson Lake nickel, copper, cobalt, palladium and platinum project, and share insights into its most recent activities.
  • In addition to the CPFI presentation, Canadian North Resources invites the investment community to visit them at booth number 3031 during PDAC 2024.
  • The Canadian North team will be on hand to engage with investors and provide further information about the Company's projects and initiatives.

Canadian North Resources Inc. to Attend the 2024 Vancouver Resource Investment Conference

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星期四, 一月 18, 2024
Conference, Mining, CNRI

Toronto, Ontario--(Newsfile Corp. - January 18, 2024) - Canadian North Resources Inc. (TSXV: CNRI) (OTCQX: CNRSF) (FSE: EO0) (FSE: E-O-zero) ("the Company") is pleased to announce its participation in the upcoming Vancouver Resource Investment Conference (the "VRIC") in Vancouver on January 21-22, 2024.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - January 18, 2024) - Canadian North Resources Inc. (TSXV: CNRI) (OTCQX: CNRSF) (FSE: EO0) (FSE: E-O-zero) ("the Company") is pleased to announce its participation in the upcoming Vancouver Resource Investment Conference (the "VRIC") in Vancouver on January 21-22, 2024.
  • Having served as the focal point for junior mining investment in Canada for a quarter-century, the VRIC consistently draws over 5,000 mining investors yearly.
  • The event will showcase more than 300 investment opportunities within the mining industry, spanning from early-stage exploration to advanced-producing mines.
  • For those eager to attend the VRIC, registration can be completed at: VRIC Registration Link .