- CEO
- Kaihui Yang
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 299 Courtneypark Drive East Mississauga ON Canada L5T 2T6
- IPO Date
- Apr 7, 2022
- Business
- Canadian North Resources Inc. is a Canadian mining exploration and development company primarily engaged in advancing its 100% owned Ferguson Lake Project in the Kivalliq Region of Nunavut, Canada. The company focuses on the exploration and development of base metals including nickel, copper, and cobalt, as well as platinum-group metals such as palladium, platinum, and rhodium. Its Ferguson Lake Project features substantial indicated and inferred high-grade mineral resources with significant expansion potential, supported by infrastructure including an 825-meter gravel airstrip, an all-year camp for personnel, and onsite operational facilities. Canadian North Resources targets critical metals vital for the clean energy, electric vehicle, battery, and high-tech industries, positioning itself strategically within the clean energy transition market.
Recent major developments include the continued evaluation and expansion of multiple metal processing technologies such as bioleaching and flotation tests aimed at producing market-ready battery-grade nickel and cobalt compounds, along with copper and platinum-group metals, from a low-cost, low-carbon footprint mining operation. The company has confirmed high extraction rates of nickel, cobalt, copper, palladium, and gold through bioleaching programs, indicating strong potential for efficient, low-energy consumption metallurgical processes. Canadian North Resources is actively pursuing exploration and permitting activities to advance to preliminary economic assessment and feasibility studies for mine development. As of late 2025, the company continues to engage investors and governmental agencies for funding and regulatory approvals to support these initiatives.
Founded in 2013 and headquartered in Mississauga, Canada, Canadian North Resources operates exclusively in Canada, focusing on the resource-rich and geopolitically stable Nunavut territory. The company has invested over $190 million in exploration, metallurgy, and infrastructure at the Ferguson Lake Project, which covers approximately 9,686 hectares. Canadian North Resources was formerly known as Canadian North Resources and Development Corp. and adopted its current name in November 2020.
Canadian North Resources Inc. remains focused on growing its mineral resources and advancing its project through drilling, metallurgical testing, and the development of comprehensive environmental and economic studies to support future mining operations with a low environmental impact footprint in line with stringent Canadian regulations.