Avidian's majority owned high tide resources poised to play a role in the decarbonization of the iron & steel industry

Toronto, oct. 11, 2023 (globe newswire) -- avidian gold (the “company”; tsx.v: avg) wishes to announce the press release issued on october 4, 2023 by high tide resources corp. (“high tide” cse: htrc), owned 28% by avidian, that preliminary analytical test work completed on its flagship labrador west iron project (“lab west”) indicates the potential to beneficiate (process) iron ore that will allow high tide to produce direct reduction (“dr”) quality iron ore pellets.  this is significant in that dr pellets are a critical step in supplying the raw material that will allow low-carbon, and eventually zero-carbon, emission steel to be produced.
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