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Canadian North Resources Inc. Reports Operational and Financial Results for the Third Quarter Ended September 30, 2025
Highlights: Continued evaluation of multiple metal processing technologies to produce m...
About this update from Canadian North Resources, Inc.
[{"type":"text","content":"Canadian North Resources Inc. Reports Operational and Financial Results for the Third Quarter Ended September 30, 2025\n\n\n\n\n Highlights:\n \n\n\n\n\n Continued evaluation of multiple metal processing technologies to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a low-cost, low-\n \n\n carbon footprint mine for the Ferguson Lake copper – nickel – cobalt – palladium – platinum project.\n \n\n\n\n 99% nickel, 98% cobalt and 90.6% copper extraction confirmed in the expanded bioleaching programs. 82% palladium and 83% gold extracted from initial treatment of the residues of the bioleaching process.\n \n\n\n\n All base metals were extracted from each bioleaching test at low temperatures of 52 - 65\n \n\n\n o\n \n\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.\n \n\n\n\n When optimized, the self-sustaining bioleaching system can significantly simplify the metallurgical process and signals strong potential for low-cost, low-energy consumption development of the Ferguson Lake project.\n \n\n\n\n TORONTO, Nov. 26, 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 its operational and financial results for the third quarter ended September 30, 2025.\n \n\n Dr. Kaihui Yang, President and CEO of the Company, commented: “In the third quarter, we continued evaluation of multiple metal processing technologies to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a low-cost, low-carbon footprint mine. “\n \n\n “We are highly excited by the results from the expanded bioleaching programs. The new tests have confirmed high metal extraction of copper, nickel and cobalt at low temperatures that would not require external heat energy and addition of acid. Such a self-sustaining bioleaching system, when optimized, can significantly simplify the metallurgical process and signals strong potential for low-cost, low-energy consumption development of the Ferguson Lake project.”\n \n\n “We have been activel...