Canadian North Resources Inc. (TSX-V: CNRI) (OTCQX: CNRSF) (FSE: EO0) announces that the Company has commenced a market awareness program, aimed at enhancing its market visibility and engagement. As part of the initiative, the Company has engaged BTV – Business Television to improve exposure to capital markets. The engagement is for a period of twelve weeks BTV is a TV production and Digital Marketing Agency that helps issuers increase their brand awareness to a national retail and institutional investor audience through unique offerings. Services provided under the contract with the Company include digital marketing on well-known financial online platforms, and national television broadcast on BNN Bloomberg and FOX Business News.
Additionally, the Company entered into an agreement with LFG Equities Corp. to perform market awareness and marketing services for an initial term of three months. The nature of the services to be provided by LFG include, but are not limited to, providing strategic advice, content development, media buying and distribution, and marketing services through social media channels and on-line media placements for the Company. The agreement includes an option to renew at the Company’s discretion.
About Canadian North Resources
Canadian North Resources Inc. is an exploration and development company focusing on the critical metals for the clean-energy, electric vehicles, battery and high-tech industries. The company is advancing its 100% owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project that covers an area of 253.8 km2 of mining leases (96.9 km2) and surrounding exploration claims (156.9 km2) in the Kivalliq Region of Nunavut, Canada.
The Ferguson Lake mining property contains substantial resources in compliance with NI43-101 standards, which include Indicated Mineral Resources of 24.3 million tonnes containing 455 million pounds copper at 0.85%, 321Mlb nickel at 0.60%, 37.5Mlb cobalt at 0.07%, 1.08 million ounces palladium at 1.38gpt and 0.18Moz platinum at 0.23gpt; Inferred Mineral Resources of 47.2 million tonnes containing 947Mlb copper at 0.91%, 551.5Mlb nickel at 0.53%, 62.4Mlb cobalt at 0.06%, 2.12Moz palladium at 1.4gpt and 0.38Moz platinum at 0.25gpt. The resource model indicates significant potential for resource expansion along strike and at depth over the 15 km long mineralized belt. (Refer to “Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, Prepared by Ronacher McKenzie Geoscience Inc. and Francis Minerals Ltd ” filed by the Company to Sedar.com on July 13, 2022). In addition, the Company has identified the pegmatites with lithium potential at the Ferguson Lake project.
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