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Canadian North Resources Reports Operational and Financial Results for the Year Ended December 31, 2025
2025 Operational and Project Highlights: Continued evaluation of multiple metal processing technologies for the Ferguson Lake Ni-Cu-Co PGE Project. Expanded the
About this update from Canadian North Resources, Inc.
[{"type":"text","content":" 2025 Operational and Project Highlights: Continued evaluation of multiple metal processing technologies for the Ferguson Lake Ni-Cu-Co PGE Project. Expanded the bio-metallurgical programs to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a low-cost, low-carbon footprint mine. Achieved extraction rates of 99% nickel, 98% cobalt and 90.6% copper in the follow-up second set of lab-scale bioleaching tests on massive sulphides; recovered more than 80% of palladium and gold from the residues of the bioleaching tests. All base metals extracted from each bioleaching tests at low temperatures of 52 - 65oC without the addition of acid and external heat. Such a self-sustaining bioleaching system can significantly simplify the metallurgical process and signals strong potential for low energy consumption development of the Ferguson Lake project. Strengthened engagement with local governments, Indigenous communities and completed environmental sampling and analysis for updating and upgrading of licenses and permits. Increased communication with investors and potential partners to support the future mine development of the Ferguson Lake Project. TORONTO, ON / ACCESS Newswire / April 28, 2026 / 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, 2025. Dr. Kaihui Yang, President and CEO of Canadian North, commented: \"After the Company completed the new Mineral Resources estimation (refer to \"Independent Technical Report on the Mineral Resource Estimate for the Ferguson Lake Project, Nunavut, Canada (\"the Technical Report\") in 2024, we have focused on the evaluation of multiple metal processing technologies for the Ferguson Lake Ni-Cu-Co PGE Project in 2025.\" \"We have expanded the bio-metallurgical programs to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a low-cost, low-carbon footprint mine. We have achieved over 90% base-metal extraction and over 80% PGM recoveries from the expanded bioleaching tests at low temperatures without the addition of acid and external heat. Such a self-sustaining bioleaching system can significantly simplify the metallurgical process and signals strong potential for low energy consumption...