• Chibougamau Independent Mines flagged a delay to Cerrado Gold’s bankable feasibility study for the Mont Sorcier iron ore project in Quebec.
• Delay ties to optimization work targeting lower strip ratio, tailings dam design, inflation-driven capex and opex resets.
• Q3 2026 drill program planned to upgrade inferred resources to measured in an eastern pit area to support a revised mine plan.
• Product strategy under review, weighing 65% iron concentrate versus 67% amid a reported US$20/tonne premium for 67% over 65%.
• ESIA filing still expected in Q2 2027; permitting targeted around year-end 2028, pointing to potential construction start in Q1 2029.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chibougamau Independent Mines Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607151615PRIMZONEFULLFEED9763031) on July 15, 2026, and is solely responsible for the information contained therein.