Canadian North Resources Inc. (CNRI) is a Canadian mining exploration and development company that owns 100% interest of the Ferguson Lake mining property in the Kivalliq Region of Nunavut, Canada. The property holds major base metals (“BM”; nickel, copper, and cobalt) and platinum group metals (“PGM”; palladium, platinum, and rhodium) mineral deposits held in 10 mining leases.

The mandate of CNRI is to create shareholder value from the advancement of its Ferguson Lake Project, a potential world-class BM and PGM  producer. The Ferguson Lake Project holds substantial historic resources of  copper (1.01 billion lbs, “Blb”), nickel (672 million lbs, “Mlb”), and cobalt (60 Mlb) plus palladium (1.933 million ounces, “Moz”), platinum (0.312 Moz). These estimates are for the West Zone and the West Extension Zone that are less than 6 kilometres in length along a 15 kilometre mineralized belt. There are multiple target zones for massive sulphides and distinct low-sulfide zones for PGM mineralization.