Canadian North Resources Inc. Reports Extraction Rates of 99% Nickel, 98% Cobalt and 90.6% Copper in the Second Set of Bioleaching Tests for the Ferguson Lake Project in Canada

Highlights: High metal extractions with 99% Ni, 98% Co and 90.6% Cu confirmed in the second set of bioleaching lab-scale tests on massive sulphides from the Ferguson Lake copper – nickel – cobalt – palladium – platinum project.All base metals were extracted from each bioleaching tests at low temperatures of 52 - 65oC. The unique mineralogy of the massive sulphides enables the bioleaching process to generate sufficient heat and sulfuric acid to maintain self-sustaining reactions without the addition of acid ...