Canadian North Resources Inc. reported its operational and financial results for the first half of 2026, highlighting successful bioleaching test results for the Ferguson Lake project. The company also announced a $2 million convertible promissory note financing to support ongoing exploration and metallurgical programs.
SPC Nickel Corp. has appointed Dr. Mark Bennett, a highly accomplished exploration geologist known for the Nova-Bollinger discovery, as a Strategic Advisor. The appointment is intended to support the company's exploration strategy at the Muskox Project in Nunavut.
Canadian North Resources reported its 2025 operational and financial results, highlighting successful lab-scale bioleaching tests at the Ferguson Lake Project. The tests achieved 99% nickel, 98% cobalt, and 90.6% copper extraction at low temperatures without external acid or heat, while also recovering over 80% of palladium and gold from residues.
Canadian North Resources reported Q3 2025 results, highlighting successful expanded bioleaching tests at the Ferguson Lake project. The tests confirmed high extraction rates for nickel (99%), cobalt (98%), and copper (90.6%) at low temperatures, suggesting a potentially low-cost, self-sustaining metallurgical process.
Canadian North Resources reported high metal extraction rates from its second set of bioleaching tests at the Ferguson Lake Project, achieving up to 99% Ni, 98% Co, and 90.6% Cu. The tests suggest a self-sustaining process that generates sufficient heat and acid, potentially enabling low-energy, low-cost mineral processing. Initial cyanide leach testing on the bioleaching residues also showed strong recoveries for gold and palladium.
SPC Nickel has completed its 2025 summer exploration program at the Muskox Project in Nunavut, featuring extensive airborne geophysical surveys and land consolidation. While new surface assay results are pending, the work aims to define high-priority drill targets for the 2026 season.
SPC Nickel is commencing a 1,000 line-km MobileMT electromagnetic geophysical survey at its Muskox Cu-Ni-PGM Project in Nunavut to map the Muskox Intrusion. The company also provided an update on its ongoing shareholder rights offering, which is set to close on July 25, 2025.
Canadian North Resources Inc. announces its participation in the PDAC 2025 convention, where it will showcase its bioleaching technology and drill cores from the Ferguson Lake project. The release highlights historical metallurgical results showing 96-98% nickel and cobalt extraction and restates the company's existing NI 43-101 compliant mineral resource estimate.
SPC Nickel Corp. announced high-grade assay results from its 2024 exploration program at the 100%-owned Muskox Ni-Cu-PGM Project in Nunavut. Surface grab samples yielded up to 19.5% Cu, 9.42% Ni, and 107.3 g/t PGMs, confirming widespread mineralization across multiple target areas. The company highlights the project's district-scale potential and similarities to world-class nickel-copper mining camps, with all results supported by rigorous QA/QC protocols.
Canadian North Resources Inc. has announced its participation in the PDAC 2024 convention, including a presentation by CEO Dr. Kaihui Yang on the Ferguson Lake project. The release also provides a summary of the project's existing nickel-copper-cobalt-PGM mineral resources.
