MONTREAL, Jan. 29, 2025 /CNW/ - Strategic Resources Inc. (TSXV: SR) (the "Company" or "Strategic") is pleased to announce that it has signed a Collaboration Agreement (the "Agreement") with Tacora Resources Inc. ("Tacora") that will explore using Tacora's iron ore concentrate to feed Strategic's planned Phase 1 High-Purity Iron Pelletizer project (the "Project") at Port Saguenay. The Agreement will focus on testing of Tacora's iron ore concentrate to determine the suitability for the direct reduction grade pellets that Strategic plans to produce from the Project. The Agreement considers Strategic purchasing up to 25% of Tacora's future expanded throughput capacity. This could provide the Project with approximately 25% to 40% of the required iron ore concentrate feed for pelletizing.
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Strategic Resources Announces Collaboration Agreement with Tacora Resources
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