Nickel

We have written a 43-page Update Report on Canadian North Resources Inc. (TSXV: CNRI | OTCQX: CNRSF | FSE: EO0), a Canadian-based mineral exploration and development company that explores for minerals in Nunavut, Canada. Since the Initiation Report that was released last year, CNRI has completed additional exploration and drilling at the 100%-owned Ferguson Lake Project, identified five new near-surface targets for Ni, Cu, Co, Pd, and Pt mineralization in the exploration claims surrounding the mining leases, announced the discovery of granitic pegmatites that potentially contain lithium-bearing minerals, and raised additional capital. This Update Report provides a summary of activities since the Initiation Report as the Company continues to drill to build on the existing mineral resource and de-risk the project. We increased the Target Price to $5.25 from $5.00. [more]

In this short video, Chris Thompson of eResearch talks about Initiating Coverage on Canadian North Resources (TSXV:CNRI | FSE:EO0) and eResearch’s 61-page Equity Research Report that covers an in-depth analysis of the company and a detailed overview of its exploration projects in Nunavut. [more]

We have written a 61-page Initiation Report on Canadian North Resources, a Canadian-based mineral exploration and development company that explores for minerals in Nunavut, Canada. The Company has acquired a 100% interest in the Ferguson Lake Project, which comprises an area of 253.8 sq. km (over 62,715 acres). The project hosts a recently updated NI 43-101 mineral resource containing: an Indicated Mineral Resource of 455 Mlb Cu at 0.85%, 321 Mlb Ni at 0.60%, 37.5 Mlb Co at 0.07%, 1.08 Moz Pd at 1.38 g/t, and 0.18 Moz Pt at 0.23 g/t; and an Inferred Mineral Resource containing 947 Mlb Cu at 0.91%, 551.5 Mlb Ni at 0.53%, 62.4 Mlb Co at 0.06%, 2.12 Moz Pd at 1.4 g/t, and 0.38 Moz Pt at 0.25 g/t. We are Initiating Coverage with a Speculative Buy rating and one-year price target of $5.00. [more]

CanAlaska is a junior mineral exploration and Project Generator company. The Company controls 132,300 hectares across 9 uranium projects in northern Saskatchewan & Manitoba, 25,000 hectares across 3 nickel projects in northern Manitoba and two base metal projects in northern Manitoba & B.C., and 2 diamond projects covering 57,752 hectares in Saskatchewan & Alberta. [more]

Balmoral Resources is on a nickel discovery quest in the Abitibi region, while Osisko Metals is reviving the prolific Pine Point zinc mine in the Northwest Territories. [more]