Canadian North Resources Inc. Reports the Assay Results from the Spring Drilling Program: Significantly Expanding the Near-Surface Mineralized Zones of Nickel, Copper, Cobalt, Palladium and Platinum at the Ferguson Lake Project in Nunavut, Canada

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report the assay results for the 6,151 metres in 21 holes of diamond drilling completed during the spring at its 100% owned Ferguson Lake Project (“Ferguson Lake Project”) in Nunavut, Canada. The Ferguson Lake project contains base metals (nickel, copper, cobalt) and platinum-group metals (“PGM”, mainly palladium and platinum), as well as potentially lithium minerals, along a 15-km-long main mineralized horizon and numerous additional prospective areas.

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