TORONTO, ON / ACCESS Newswire / July 16, 2026 / High Tide Resources Corp. ("High Tide" or the "Company") is pleased to provide an update on its 2026 drilling program at the Labrador West Iron Project. Drilling continues to progress safely and efficiently with strong daily production rates and steady core flow to the assay lab.
Steve Roebuck, President & CEO of High Tide, commented: "Our geology team and drill crews are doing excellent work, and the program is advancing efficiently. Core quality has been consistently good, and with assays pending, we're encouraged by the potential to expand the mineralized footprint and support future resource growth. Ongoing metallurgical testwork at SGA's laboratory in Germany is progressing well as we prepare to begin pilot plant‑scale testwork. The pilot plant will use gravity concentration and flotation to produce concentrate from 2.5 tonnes of coarse reject drill core material collected in the 2022 drill program."
To date, the Company has completed 12 drill holes, with two additional holes currently in progress. A total of 3,500 metres of HQ core has been drilled, with an average hole length of approximately 280 metres. With two rigs operating, daily production has averaged 80 metres per day, keeping the program on schedule. Please see Map 1 for drill hole and pad locations.
