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High Tide Resources (CSE:HTRC) announces maiden Mineral Resource Estimate at its Labrador West Iron Project

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CSE:HTRC
23 February 2023 12:45 (EDT)

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High Tide Resources Corp. (HTRC) has released the maiden Mineral Resource Estimate from its flagship Labrador West Iron Project.

The project is located 20 km northeast and adjacent to IOC/Rio Tinto’s Carol Lake Mine complex in Labrador City, Newfoundland.

Steve Roebuck, Director, President & Interim CEO of High Tide, sat down with Coreena Robertson to discuss the news.

“This is a major milestone for the company, and we are extremely pleased with the results of the maiden Mineral Resource Estimate. The deposit is robust, starts at surface and has great potential to grow in size. We have a very strong project that should prove appealing to both strategic partners and investors alike. The southern Labrador Trough produces some of the cleanest iron concentrates and pellets in the world, and with demand increasing and industry pivoting to green iron and green steel, High Tide is very well positioned to be a leader in the next generation of high-quality low-carbon iron projects globally.”

The Labrador West Iron Project is comprised of four mineral licences (99 mineral claims), totalling 2,475 hectares.

High Tide is focused on the development of advanced-stage iron ore and battery metal projects in Canada.

High Tide Resources Corp. (HTRC) opened trading at C$0.235.


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