Mr. Steve Roebuck reports
AVIDIAN GOLD CORP. ANNOUNCES DIRECTOR RESIGNATION
Stephen Altmann has stepped down from Avidian Gold Corp.'s board of directors, effective today, for personal reasons.
Dino Titaro, chairman of Avidian, states: "On behalf of the board and management team, I would like to thank Steve for his years of dedicated service and leadership. We sincerely wish him well in his future endeavours."
About Avidian Gold Corp.
Avidian brings a disciplined and veteran team of project managers with a focus on advanced-stage gold exploration. The corporation currently holds a 100-per-cent interest in the Jungo gold-copper property in Nevada and is evaluating other transformational opportunities.
Avidian is a shareholder in High Tide Resources, which is focused on and committed to the development of mineral projects critical to infrastructure development using industry best practices combined with a strong social licence from local communities. Avidian Gold controls approximately 19.88 per cent of High Tide's outstanding shares. High Tide owns a 100-per-cent interest in the Labrador West iron project, which hosts an inferred iron resource of 654.9 million tonnes (t) at 28.84 per cent iron (Fe) and is located adjacent to the Iron Ore Company of Canada's (IOCC) Carol Lake mine in Labrador City, Nfld.,. operated by Rio Tinto PLC. This resource is exposed at surface and was pit constrained for an open-pit mining scenario. The technical report for this resource, from which the foregoing information was drawn, is entitled "National Instrument 43-101 Technical Report Mineral Resource Estimate Labrador West Iron Project, Newfoundland and Labrador, Canada," was filed on SEDAR+ on April 6, 2023, and was written by Ryan Kressall, MSc, PGeo, Matthew Herrington, MSc, PGeo, Catharine Pelletier, PEng, and Jeffrey Cassoff, PEng. The company also owns a 100-per-cent interest in the Lac Pegma copper-nickel-cobalt deposit, located 50 kilometres southeast of Fermont, Que.
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