Chibougamau Independent Mines Inc. provided an update on the Mont Sorcier high purity iron deposit, with Cerrado Gold making significant progress by drilling 17,000 meters for a feasibility study due by Q2 2026. The Bankable Feasibility Study aims to update the economic potential of the project, which has shown the ability to deliver a high-purity DRI-grade Iron concentrate product. Located in Chibougamau, the Mont Sorcier project has the potential to produce premium iron concentrate to support the Green Steel transition. The press release was written by Jack Stoch, President and CEO of Chibougamau Independent Mines Inc.

For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
CEO
Chibougamau Independent Mines Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada, J9X 2J1
Tel.: 819.797.5242
Fax: 819.797.1470
[email protected]
www.chibougamaumines.com

Disclaimer: This News Release may contain certain “forward looking statements” involving risks and uncertainties that may affect actual results.

Read more at GlobeNewswire: Mont Sorcier Project Making Good Progress