High Tide Resources Commences Drilling at the Labrador West Iron Project with Two Rigs

About this update from High Tide Resources Corp.

TORONTO, ON / ACCESS Newswire / June 8, 2026 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to announce that drilling has commenced at the Labrador West Iron Project near Labrador City, NL. Mobilization is complete, and two drills are now turning as part of the Company's 2026 field program. Steve Roebuck, President & CEO of High Tide, commented: "Launching this year's drilling program marks another important milestone for the Labrador West Iron Project. With two drills active on site, we are advancing our technical understanding at an accelerated pace. Drill core from the first holes is already demonstrating the strength of the system and the viability of resource growth, and we look forward to integrating new geological and analytical data as the program progresses. Each step we take continues to build value and move the Project toward its long‑term development potential." Drilling Program Now Underway The initial phase of the 2026 program is focused on resource expansion toward the north and northeast, where previous work has outlined strong potential for continued iron‑ore mineralization. This work is designed to support future resource modelling and refine geological continuity across the target corridor. Progress to date includes: Core logging and sampling are ongoing, with additional shipments to the laboratory scheduled as drilling advances. Complementary Technical Work Advancing In parallel with drilling, High Tide continues to progress several key workstreams that support the Project's long‑term development strategy: These activities collectively strengthen the technical foundation of the Labrador West Iron Project and support the Company's commitment to responsible, collaborative, and value‑focused development. The Company wishes to thank the Department of Mines and Energy, and Department of Forestry, Agriculture, and Lands, Government of Newfoundland and Labrador, the Indigenous groups and community stakeholders involved for their timely approval of our exploration permit, which will enable us to advance the Labrador West Iron Ore project responsibly and collaboratively. About High Tide High Tide is focused on and committed to the development of mineral projects critical to infrastructure development using industry best practices combined with a strong social li...

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