Technical Study
CoTec Quebec Onboards BBA To Deliver Feasibility Study, Commences Environmental Baseline Studies and Appoints Corem To Complete Metallurgical Testing Program On Lac Jeannine Iron Tailings Project

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Executive Summary
- CoTec Holdings has engaged BBA Inc. to lead the Lac Jeannine Iron Tailings Project feasibility study, including a metallurgical testing program targeting >67% Fe concentrate.
- The testing will use material from the 2025 Infill and Expansion Resource Drilling Program and is scheduled for completion in H1 2026, supporting an updated Mineral Resource Estimate to be released Q1 2026.
- The initiative aims to improve project economics, advance environmental baseline work, and position Lac Jeannine as a critical‑mineral project.
Key Details
- Engagement: BBA Inc. appointed to conduct baseline studies and design the metallurgical testing program for the Lac Jeannine Feasibility Study.
- Testing Objective: Achieve concentrate grade >67% Fe; target recovery of iron particles <75 µm currently lost in PEA flowsheet.
- Material Source: Test material sourced from CoTec Québec’s 2025 Infill and Expansion Resource Drilling Program (completed August 2025).
- Timeline: Metallurgical testing program results expected by the end of H1 2026; updated Mineral Resource Estimate slated for Q1 2026.
- Strategic Goal: Support classification of Lac Jeannine as a critical mineral project and enhance confidence beyond the existing PEA level study.
- Environmental Work: Initial baseline environmental studies conducted as first step toward the Environmental Assessment and Review Procedure (EARP).
- Qualified Person: Technical information reviewed and approved by Catherine Pelletier, BBA Consultants, Qualified Person under NI 43‑101.
Notable Quotes
“We are very excited about the collaboration between BBA and Corem to deliver the metallurgical testing program… We look forward to the results from the test program, together with our updated Mineral Resource Estimate which we aim to release to the market in Q1 2026.” – Julian Treger, Chief Executive Officer, CoTec Holdings Corp.
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Jun 30, 2026 · 07:00