Canadian North Resources, Inc. (TSE:CNRI) has released an update.
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Canadian North Resources Inc. has announced significant growth in its Ferguson Lake Project, with a 172% increase in indicated mineral resources including copper, nickel, cobalt, and PGMs, and a successful capital raise of over $17 million in 2023. The company completed extensive exploration, adding substantial new drilling results to their updated resource estimation. Moving forward, the company plans to further expand resources and advance the project’s development with additional testing and studies for a low-carbon footprint mine.
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