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High Tide Resources proceeds with fundraise as it prepares for maiden resource on iron ore project

High Tide Resources proceeds with fundraise as it prepares for maiden resource on iron ore project

High Tide Resources (CSE:HTRC) director and interview CEO Steve Roebuck tells Proactive's Stephen Gunnion that the company plans to release a maiden resource estimate on its Labrador West Iron Ore Project later this year or early in 2023.

Roebuck explains that High Tide is focused on essential commodity minerals and has projects in Labrador & Newfoundland and Québec, including iron ore, copper-nickel-cobalt and lithium.

The company recently announced a private placement to raise up to $1 million and encourage more retail investors to invest. Parent company Avidian Gold Corp. is also in the midst of a financing, Roebuck adds.

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