Exploration and development company Canadian North Resources has received the first installment of C$125 000 of the C$250 000 grant it has been awarded by the government of Nunavut’s Discover, Invest, Grow (DIG) programme in support of its ongoing 2023 exploration programme. The company is completing its 20 000 m drill and other exploration programme this year to further expand the mineralised zones at the Ferguson Lake project. Canadian North Resources thanked the government for this financial support. “We are honoured to have once again been awarded this grant from the DIG programme. The company also announces that it has granted to certain officers options to purchase a total of 110 000 common shares of the corporation.

Source: The North Africa Journal August 18, 2023 21:18 UTC