High Tide Resources Outlines 2026 Exploration and Technical Program for Labrador West Iron Project

About this update from High Tide Resources Corp.

TORONTO, ON / ACCESS Newswire / May 20, 2026 / High Tide Resources Corp. ("High Tide" or the "Company") (CSE:HTRC) is pleased to announce details of its 2026 exploration and technical program at the Company's flagship Labrador West Iron Project. The upcoming field season is designed to significantly advance the Project through targeted drilling, metallurgical test work, environmental baseline studies, and key economic evaluations. Steve Roebuck, President & CEO of High Tide states, "The 2026 program is our most ambitious to date and is designed to aggressively grow and upgrade the resource while advancing the Project toward major development milestones. With drilling, test work, environmental studies, and economic analysis all running in parallel, we expect to generate the data required to demonstrate the Project's long‑term potential." 2026 Drilling Program High Tide plans to complete 5,000 to 7,500 metres of HQ‑diameter core drilling during the 2026 field season. The program will include: The combined program is designed to support the Company's objective of growing the global resource toward approximately 1 billion tonnes. Metallurgical Test Work Metallurgical test work is ongoing at SGA-Liebenburg Laboratory in Germany, where iron recovery, concentrate quality, and processing characteristics are being evaluated to produce Direct Reduction Quality Iron Ore Concentrate and Direct Reduction Iron Ore Pellets. These results will be incorporated into future engineering studies and will help refine process design criteria for the Project. Environmental Baseline Program High Tide will continue its multi‑year environmental baseline data collection program, including hydrology, wildlife, vegetation, and atmospheric studies. This work will support future regulatory submissions and ensure the Project is advanced in accordance with all regulatory requirements and High Tide' planned submission of its Project Description to start the Environmental Assessment process. Preliminary Economic Assessment (PEA) Data generated from the 2026 drilling, metallurgical testing, and environmental programs will be incorporated into a Preliminary Economic Assessment. The PEA will evaluate the potential economic viability of the Labrador West Iron Project and will outline preliminary mine design, processing flowsheets, infrastructure...

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