Canadian North Resources Inc. Reports Metal Extraction of 96-98% Nickel and Cobalt Using Low-carbon Footprint Bio-Leaching Technology for the Ferguson Lake Project

Highlights: Tested Samples Head Assay Results Bioleaching Metal Extraction Rates Ni (%) Co (%) Ni (%) Co (%) Massive Sulphides 0.950 0.102 97.7 - 98.5 97.6 - 97.7 Rougher sulphide tails 0.733 0.056 96.1 - 97.4 96.1 - 96.7 Metal extraction of 96.1 - 98.5% nickel and 96.1 - 97.7% cobalt from bioleaching tests. Bioleaching could offer much higher metal recoveries than flotation (29-51% nickel and 48-89% cobalt), significantly increasing the value of current mineral resources. Both massive sulphides and rougher ...