High Tide Extends Iron Mineralization By 1,100 Metres At Labrador West

By Mining Hub News Desk
31 August 2026, 10:01 a.m. EDT 2 min read
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Source: High Tide Resources

High Tide Resources Corp. has returned assay results from its flagship Labrador West Iron Project in Newfoundland and Labrador, highlighted by drill hole 26LB0069 intersecting 91.4 metres grading 28.7% total iron and drill hole 26LB0081 returning 112.1 metres grading 27.2% total iron.

The latest assay batch covers seven completed drill holes situated outside the current conceptual pit shell. The results extend known iron-oxide mineralization by over 1,100 metres along strike to the north and northeast, where the mineralized footprint remains unconstrained by a boundary.

Other notable intercepts from the program include drill hole 26LB0068, which intersected 253.9 metres grading 25.9% total iron, including 85.6 metres at 27.6% total iron, and drill hole 26LB0075, which returned 217.9 metres grading 26.2% total iron. True widths for the reported intervals are estimated to represent 80% to 90% of the measured drill core lengths.

The company has now completed 22 drill holes totalling more than 5,500 metres of HQ and NQ core during the current field campaign, with two additional holes currently in progress.

“This is how we grow the mineral resource: by drilling thick, near‑continuous intervals of iron‑oxide mineralization and stepping confidently into new ground. Drill holes 26LB0070 and 26LB0081 are more than 1100 metres apart and every hole drilled between them is well mineralized. Importantly, all seven holes reported here lie outside the current pit shell and are unconstrained by a boundary to the north by northeast. These are not isolated intercepts; nearby step‑out holes, for which assays are pending, display similar mineralization, demonstrating continuity and reinforcing the potential for significant resource expansion.”

— Steve Roebuck, President & CEO

The Labrador West property hosts an Inferred mineral resource of 655 million tonnes at 28.84% total iron.

High Tide is awaiting assay results from additional step-out holes across the property. Concurrently, the technical team is preparing to initiate pilot plant-scale metallurgical testwork using coarse reject drill core material at SGA's laboratory in Germany to evaluate the production of direct reduction grade iron pellets.

Read the full announcement: High Tide Reports 91.4 Metres of 28.7% Fe & 112.6 Metres of 27.2% Fe from Labrador West Iron Project