12:41 PM EDT, 10/21/2025 (MT Newswires) -- High Tide Resources (HTRC.CN) shares were up 8.5% at last look on Tuesday after providing an update on its Labrador West Iron Ore Project, located in Labrador's southern trough.

The company said it shipped approximately 5.6 tonnes of coarse reject drill-core samples from its 2022 drilling campaign to a German-based steel industry joint-venture facility for beneficiation and metallurgical testing aimed at producing direct-reduced iron pellets for low-carbon steelmaking.

Steve Roebuck said, "This represents an important milestone for the Company and its Labrador West Iron Ore Project. The results from this testwork will form a critical input to the upcoming PEA, paving the way for swift project advancement."

Shares of High Tide Resources were last seen up by $0.015 to $0.19 on the Canadian Securities Exchange.

Price: 0.19, Change: +0.02, Percent Change: +8.57