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Canadian North Resources Inc. Reports Extraction Rates of 99% Nickel, 98% Cobalt and 90.6% Copper in the Second Set of Bioleaching Tests for the Ferguson Lake Project in Canada
Highlights: High metal extractions with 99% Ni, 98% Co and 90.6% Cu confirmed in the second...
About this update from Canadian North Resources, Inc.
[{"type":"text","content":"Canadian North Resources Inc. Reports Extraction Rates of 99% Nickel, 98% Cobalt and 90.6% Copper in the Second Set of Bioleaching Tests for the Ferguson Lake Project in Canada\n\n\n\n Highlights:\n \n\n\n High metal extractions with 99% Ni, 98% Co and 90.6% Cu confirmed in the second set of bioleaching lab-scale tests on massive sulphides from the Ferguson Lake copper – nickel – cobalt – palladium – platinum project.\n \n\n All base metals were extracted from each bioleaching tests at low temperatures of 52 - 65\n \n o\n \n C. The unique mineralogy of the massive sulphides enables the bioleaching process to generate sufficient heat and sulfuric acid to maintain self-sustaining reactions without the addition of acid and external heat. Such a self-sustaining system can significantly simplify the metallurgical process and signals strong potential for low energy consumption development of the Ferguson Lake project.\n \n\n Copper bioleaching extraction rates reached 90.6% in new 65°C bench-scale test without compromising Ni and Co extraction efficiencies. Most of these metals (87.7% Cu, 98.6% Ni and 98.2% Co) were extracted within 28-day leach time.\n \n\n Initial treatment of the residues of the bioleaching process indicated over 80% recoveries of palladium (82%) and gold (83%). More extensive tests planned.\n \n\n\n TORONTO, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report new results from its technical evaluation of bioleaching technology for its Ferguson Lake copper, nickel, cobalt, palladium and platinum project (“the Ferguson Lake Project”), in the partnership with RPC, a global leader in bio-metallurgical technology based in Fredericton, New Brunswick.\n \n\n “We are highly excited by the results from the second set of the bio-leaching tests” said Dr. Kaihui Yang, President and CEO of the Company. “These new tests confirmed high metal extraction of copper, nickel and cobalt at low temperatures that would not require external heat energy and addition of acid. We are continuing the expanded metallurgical tests to develop a low-cost, low-carbon footprint mineral processing flowsheet for the recovery of nickel, cobalt...