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Prospector News Podcast – Sophy Cesar “Nunavut is Open to Critical Metals Opportunities”

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Prospector News Podcast – Sophy Cesar “Nunavut is Open to Critical Metals Opportunities”

 

 

 

 

Prospector News Publisher Michael Fox is Joined by the head of Corporate Development of Canadian North Resources Sophy Cesar. We discuss how Canadian North Resources has been under investors radar. The company has been working very hard behind the scenes to build an updated 43-101 resource beyond the historical data. We review the company’s activities in 2023 and discuss the plans for 2024. The plans are to prove that the company is sitting on the largest undeveloped PGM project in North America.

 

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.

 

Canadian North Resources

Posted February 6, 2024

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