Canadian North Resources Invites Shareholders and Investment Community to Visit Them at Booth 3031 at PDAC 2023 in Toronto, March 5-8

Toronto, Ontario--(Newsfile Corp. - March 1, 2023) - Canadian North Resources Inc. (TSXV: CNRI) (FSE: EO0) ("the Company," (E-O-zero)) is pleased to announce that we will be attending the Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 5 to Wednesday, March 8, 2023.

In particular, the Company completed 18,144 meter drilling in 2022 and significantly expanded the mineralized zones outside the block model of the mineral resource estimates at 100% owned flagship Ferguson Lake nickel, copper, cobalt, palladium, and platinum project. (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, June 13, 2022, Prepared by Elisabeth Ronacher and Jamie Lavigne," filed by the Company to Sedar.com).

The Company's team will be on hand and available to meet with investor at our booth, number 3031. We are looking forward to this opportunity to share with you our latest developments and insights about the Company and its project.

About Canadian North Resources

Canadian North Resources Inc. is an exploration and development company focusing on the metals for the clean-energy, electric vehicles, battery and high-tech industries. The company is advancing its 100% owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project in Nunavut, Canada.

The Ferguson Lake mining property contains substantial resources in compliance with NI43-101 standards, which include Indicated Mineral Resources of 24.3 million tonnes containing 455 million pounds (Mlb) copper at 0.85%, 321Mlb nickel at 0.60%, 37.5Mlb cobalt at 0.07%, 1.08 million ounces (Moz) palladium at 1.38gpt and 0.18Moz platinum at 0.23gpt; Inferred Mineral Resources of 47.2 million tonnes containing 947Mlb copper at 0.91%, 551.5Mlb nickel at 0.53%, 62.4Mlb cobalt at 0.06%, 2.12Moz palladium at 1.4gpt and 0.38Moz platinum at 0.25gpt. The resource model indicates significant potential for resource expansion along strike and at depth over the 15 km long mineralized belt. (Refer to "Independent Technical Report, Updated Mineral Resource Estimate, Ferguson Lake Project, Nunavut, Canada, June 13, 2022, Prepared by Elisabeth Ronacher and Jamie Lavigne," filed by the Company to Sedar.com).

About PDAC

PDAC 2023: The World's Premier Mineral Exploration & Mining Convention is the leading event for people, companies and organizations connected to mineral exploration.

This annual convention in Toronto, Canada is known for attracting up to 30,000 attendees from over 130+ countries for its educational programming, networking events, outstanding business opportunities and fun. Since it began in 1932, the PDAC Convention has grown in size, stature and influence. Today, it is the event of choice for the world's mineral industry hosting more than 1,100 exhibitors and 2,500 investors.

For more information and/or to register for the conference please visit: https://www.pdac.ca/convention/attend/registration.

Further information please visit the website at www.cnresources.com or contact:

Dr. Kaihui Yang, President and CEO
Phone: 905-696-8288 (Canada) 1-888-688-8809 (Toll-Free)
Email: info@cnresources.com

www.cnresources.com

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