High Tide Resources Provides Update on the Labrador West Iron Ore Project

Core Insights - High Tide Resources Corp. is advancing its Labrador West Iron Ore Project, focusing on producing Direct Reduction (DR) grade pellets for low-carbon steelmaking [1][4] - The company has shipped 5.6 tonnes of coarse reject drill core samples for metallurgical testing in Germany, which will inform the upcoming Preliminary Economic Assessment (PEA) [2][4] Project Details - The Labrador West Iron Project has an inferred iron resource of 655 million tonnes at 28.84% Fe, with significant exploration history by both Rio Tinto and High Tide [6][10] - The project is strategically located near key mining communities and infrastructure, facilitating efficient transport and development [8][9] Testing and Methodology - The metallurgical testwork will include crushing, grinding, and various separation methods to maximize iron recovery and minimize impurities [5][4] - Future testing will explore next-generation green iron processes using hydrogen as a clean energy source [5] Industry Context - The Labrador Trough is Canada's primary iron-producing district, with over 2 billion tonnes of iron ore produced and significant growth potential [7] - The region's deposits allow for diverse product offerings, including premium fines and various pellet grades [7]