Canadian North Resources, Inc. · TSXV:CNRI
Canadian North Resources — Investor Presentation (August 2022)
25 slides from Canadian North Resources's investor presentation, August 2022
Slide 1: Ferguson Lake Project: Green Metals
Canadian North Resources Inc. High-grade and Large Nickel, Copper, Cobalt, Platinum, Ferguson Lake Project: and Palladium Mineral Resources in Canada Green Metals 钯 铂 铑 铜 镍 钴 INVESTOR PRESENTATION | AUGUST 2022 TSX-V: CNRI; FSE: EO0
Slide 2: Note to Reader
Canadian North Resources Inc. CNResources.com | 02 NOTE TO This Investor Presentation contains certain information that may constitute " forward - looking information " under applicable Canadian securities legislation about Canadian North Resources Inc. (“CNR”). Forward - looking information include
Slide 3: Why Canadian North Resources
Canadian North Resources Inc. CNResources.com | 03 WHY ASSET GROWTH FERGUSON LAKE PROJECT * NI43-101 Mineral Resources High-potential PGM and CANADIAN Updated resource estimate • • Indicated Inferred Cu-Ni-Co resource growth • Large palladium, platinum,(PGM) over >15 km mineralized Resources Resourc
Slide 4: Mineral Resources
Canadian North Resources Inc. CNResources.com | 04 MINERAL RESOURCES Economic Base Metal and Strong PGM Upside HIGH PGM POTENTIAL LARGE MINERAL RESOURCES INCLUDING Strong Upside HIGH-GRADE/OPEN PIT, Open • Resource estimates primarily on 6km INDICATED MINERAL RESOURCE OF of the >15 km long mineraliz
Slide 5: Nunavut, Canada - Emerging Major Mining District
Canadian North Resources Inc. CNResources.com | 05 NUNAVUT, CANADA - EMERGING MAJOR MINING DISTRICT With The Development Of Nunavut Territory Advanced Ferguson Lake Project, 253.8 km2 The Meadowbank And Meliadine Exploration Projects & Mines Covering All The Nickel, Copper and PGM Mineralized Gold M
Slide 6: Ferguson Lake History: Growing in Resources
Canadian North Resources Inc. CNResources.com | 07 Over C$150 million has been spent on ground with >200,000 metres in >650 holes completed 1950 Today Extensive Exploration, Infrastructure, And Mineral Resources 1950s: 1999 t o 2012: 2013 t o T o d a y : I N C O INC. STARFIELD RESOURCES CANADIAN NOR
Slide 7: Mineral Resources
Canadian North Resources Inc. CNResources.com | 08 Indicated Mineral Resources Mineral Resources Mining Method Tonnes Copper Nickel Cobalt Palladium Platinum Updated Mineral Resources And Vast Exploration Potential Grades (Mt) (%) (%) (%) (gpt) (gpt) Open Pit 22.40 0.84 0.60 0.07 1.37 0.23 PARAMETER
Slide 8: Mineral Resources
Canadian North Resources Inc. CNResources.com | 09 Mineral Resources Updated Mineral Resources For Open Pit And Underground Mining INVESTOR PRESENTATION | AUGUST 2022 TSX-V: CNRI; FSE: EO0
Slide 9: Mineral Resources Sensitivity
Canadian North Resources Inc. CNResources.com | 10 Mineral Resources Sensitivity Large Tonnage And NSR Values Insensitive To NSR Cutoffs OPEN PIT UNDERGROUND Tonnage and NSR values at higher NSR Indicated Resources Inferred Resources Indicated Resources Inferred Resources cutoff values: NSR Cutoff (
Slide 10: Explorers to Producers
Canadian North Resources Inc. CNResources.com | 11 EXPLORERS TO PRODUCERS Comparable Base Metal And Platinum -group Metal Projects Company 1,2 Market and Value Property Resource Estimates3 Grades Contained Metals Among the comparable projects, Millions, Cu NI Co Pd Pt Cu Ni Co Pd Pt Ferguson Lake Pr
Slide 11: Target Mineralization Zones
Canadian North Resources Inc. CNResources.com | 12 TARGET MINERALIZATION ZONES • Magmatic Cu-Ni-Co sulfide resources with Extensive Mineralization Zones, Extensions, And Trends high-grade PGM • Ten (10+) sulfide zones drill tested and numerous mineralized sites discovered • Three (3) massive sulfide
Slide 12: Mineral Zones and Expansion Potential
Canadian North Resources Inc. CNResources.com | 13 MINERAL ZONES AND CENTRAL ZONE 10 drill holes with significant EXPANSION POTENTIAL intercepts Significant Copper, Nickel And PGM Potential Over The Area 2% Ni-Cu and 1.51 g / t PGM (over 17.4 metres) The Mineral Resource Copper-nickel-cobalt-PGM Thi
Slide 13: Large and High-Grade PGM System
Canadian North Resources Inc. CNResources.com | 14 LARGE AND HIGH - Drill hole no. Significant Intercepts Pd g/t Pt g/t Cu % Ni % Co % GRADE PGM SYSTEM FL 0 0 - 41 FL 0 0 - 6 6 71.31 m 21.38 m 0.90 1.55 0.15 0.29 0.66 0.64 0.38 0.62 0.05 0.073 Potential For High -Value PGM Zones 1.43 m 25.76 6.62 0.
Slide 14: Metallurgical Recovery
Canadian North Resources Inc. CNResources.com | 15 METALLURGICAL RECOVERY High Recoveries To Support Mine Development HISTORICAL * RECENT: CANADIAN NORTH RESOURCES Previous metallurgical tests were Hydrometallurgical INC. completed on massive sulfide ores only processes 2 Hydrometallurgical Flotatio
Slide 15: Capital Structure
Canadian North Resources Inc. CNResources.com | 16 CAPITAL COMMON SHARES Escrowed 71,463,785 STRUCTURE Restricted Free Trading Total Outstanding* 18,735,001 11,840,743 102,039,151 Excellent For Public WARRANTS & OPTIONS Investors And Growth Warrants** 13,332,737 Options*** 3,466,698 Fully Diluted 11
Slide 16: Corporate Team
Canadian North Resources Inc. CNResources.com | 17 Corporate Team Experienced, Seasoned & Dedicated To Build Asset Value Dr. Kaihui Yang, PhD Dr. Trevor Boyd, PhD, PGeo Lee Q. Shim Rick Brown CEO, PRESIDENT, AND DIRECTOR VP EXPLORATION CHAIRMAN AND DIRECTOR DIRECTOR Professional geologist with > 3 0
Slide 17: Timeline + Work Plans
C a n a d i a n N o r t h R e s o u r c e s Inc. CNResources.com | 18 ACCOMPLISHMENTS TO DATE 2 Private Placement Financing Of $22 Million Phase 1&2 exploration Completed NI43 - 101 Technical Reports, Updated Mineral Resource Estimation programs including: Definition drilling to enlarge the base met
Slide 18: Thank You
C a n a d i a n N o r t h R e s o u r c e s Inc. CNResources.com | 19 THANK YOU Contact us if there are any questions Phone Number Corporate Website Email Address 905 - 696 - 8288 (Canada) CNResources.com investor @ CNResources.com 1-888 - 688 - 88 09 ( Toll Free) INVESTOR PRESENTATION | AUGUST 2022
Slide 19: Appendix: Additional Technical Information on the Mineral Potential
C a n a d i a n N o r t h R e s o u r c e s Inc. CNResources.com | 20 Appendix: Additional Technical Information on the Mineral Potential of the Ferguson Lake Project Summary of Green Metals Increasingly Used in Clean Energy, Electric Vehicles and High-tech Resolutions INVESTOR PRESENTATION | AUGUST
Slide 20: Project Site Infrastructure
Canadian North Resources Inc. PROJECT SITE CNResources.com || 08 CNResources.com 21 INFRASTRUCTURE Provides An All -season Productive Working Environment All-year 8 2 5 x 3 0 meter Caterpillar Dozer, Grader, gravel airstrip, south-west Skid-steer, Front Loaders, of the Field Camp Excavator, Articula
Slide 21: Massive Sulfides with Ultramafic Intrusions
Canadian North Resources Inc. CNResources.com | 22 Base Metals (Cu-Ni-Co) and PGM Zones on TEM anomalies MASSIVE SULFIDES WITH ULTRA - MAFIC INTRUSIONS High-Grade Potential Across Main Mineralized Horizon Projected massive sulfides with mafic-ultramafic intrusions Meters N O 200 400 Outcrop of ultra
Slide 22: High Potential with Ultramafic Intrusions
Canadian North Resources Inc. CNResources.com | 23 HIGH POTENTIAL WITH ULTRAMAFIC INTRUSIONS Potential For More High-Grade Massive Sulfides N Ultramafic Intrusions • Significant potential – for more high- Ultramafic Intrusions grade Base Metal (copper, nickel, cobalt) and PGM mineralization with Cu
Slide 23: Untapped PGM Potential
Canadian North Resources Inc. CNResources.com | 24 UNTAPPED PGM POTENTIAL for Resource Expansion and Discoveries PGM FOUND FROM SURFACE TO A DEPTH > 1 ,2 0 0 m AT Massive sulfides outcrop AT WEST EXTENSION ZONE. PGM ASSOCIATED WITH: • Massive sulphides (>50%) – lower massive sulfide zones open along
Slide 24: PGM and Cobalt Markets
Canadian North Resources Inc. CNResources.com | 25 PGM AND COBALT MARKETS Strong PGM Trends And Cobalt Market Dynamics PALLADIUM, PLATINUM, RHODIUM, AND COBALT ARE USED INCREASINGLY IN THE CLEAN-ENERGY AND HIGH-TECH SECTORS WORLDWIDE Automotive demand Leading emission- Strategic in commercial with u
Slide 25: Copper and Nickel Target Markets
Canadian North Resources Inc. CNResources.com | 26 COPPER AND NICKEL TARGET MARKETS Copper is used in automotive, building, electric vehicles (EV), energy storage (ES), electrical, Nickel is used in stainless steel, alloys, plating, foundry, EV batteries, energy storage, and in electronics, machiner
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