Medaro Mining Corp.

MEDA

CA58404N2086

Specialty Mining & Metals

Delayed Canadian Securities Exchange Other stock markets 10:09:59 2024-04-25 am EDT			5-day change	1st Jan Change
0.28 ^CAD	0.00%		-22.76%	-60.00%

Apr. 02	Medaro Mining Corp. Provides an Update on its CYR South Discovery in James Bay, Quebec	CI
2023	Eureka Lithium Corp. Enters into Letter of Intent with Respect to an Option to Acquire from Medaro Mining Corp. 100% Undivided Interest in and to the Mineral Claims Comprising the Optionor's Lac La Motte Project	CI

Medaro Mining Corp. Provides an Update on its CYR South Discovery in James Bay, Quebec

April 02, 2024 at 01:39 pm EDT

Medaro Mining Corp. announced the results of its latest diamond drilling endeavor at the CYR South lithium property (the ?Property?), located in James Bay, Quebec, Canada. The Company's exploration has revealed excellent intersections of lithium within the drill holes.

Partnering with Forage Pelletier Drilling (?FPD?) of Chapais, Quebec, the Company's comprehensive program encompassed eleven NQ size drill holes, spanning 1,745 metres of diamond drilling. Leveraging technology, including handheld laser-induced breakdown spectroscopy (?LIBS?) instruments and laboratory analysis conducted at Activation Laboratories (?ACTLABS?) in Ancaster, Ontario, the Company's findings have identified several highly prospective pegmatite intersections. Medaro's strategic selection of drill hole locations, informed by extensive groundwork conducted in 2022, underscores the Company's commitment to precision and data-driven exploration.

By strategically situating four drill holes near satellite imaging targets (SIT), the Company attempted to maximize such holes' potential for success. Drill Hole CYR23-01 - Field scanning with LIBS for the drill hole core samples indicated lithium (Li) values in the range of 40.6 parts per million (ppm) to 2,202.1 ppm. The laboratory assays indicated several intercepts with over 100 ppm Li with one 3-metre- wide section indicating average 244 ppm Li.

Drill Hole CYR23-02 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 23.6 ppm to 383 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization. Drill Hole CYR23-03 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 27.6 ppm to 472.5 ppm.

Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization. Drill Hole CYR23-04 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 42.1 ppm to 6,615.1 ppm. The laboratory assays of selected intervals showed low Li values (less than 100 ppm).

Drill Hole CYR23-05 intersected a 46-metre-wide zone with average 150 ppm Li at 18 metres drilled depth, including a 2-metre-wide zone of 278 ppm Li, and a 3-metre-wide zone of 460 ppm Li at 49 m drilled depth. Field scanning with LIBS was not done on this drill hole due to non-availability of the instrument. Drill Hole CYR23-06 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 15 ppm to 776.1 ppm.

Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization. Drill Hole CYR23-07 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 44.1 ppm to 491.6 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.

Drill Hole CYR23-08 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 33.7 ppm to 335 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization. Drill Hole CYR23-09 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 49.8 ppm to 531.6 ppm.

Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization. Drill Hole CYR23-10 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 58.2 ppm to 603.3 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.

Drill Hole CYR23-11 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 63.1 ppm to 512.7 ppm. The laboratory assays indicated several intercepts with over 100 ppm Li.

Latest news about Medaro Mining Corp.

Medaro Mining Corp. Provides an Update on its CYR South Discovery in James Bay, Quebec	Apr. 02	CI
Eureka Lithium Corp. Enters into Letter of Intent with Respect to an Option to Acquire from Medaro Mining Corp. 100% Undivided Interest in and to the Mineral Claims Comprising the Optionor's Lac La Motte Project	Dec. 08	CI
Medaro Mining Corp. Completes 2023 Exploration Work with Cyr South Drill Program Core Logging and Sampling At the Darlin Lithium Property in Quebec	Nov. 30	CI
Medaro Mining Announced Non-Brokered Private Placement	23-10-20	MT
Medaro Mining Corp. announced that it expects to receive CAD 3 million in funding	23-10-19	CI
Medaro Mining Acquires Additional Claims at Lac La Motte in Quebec, Discovers High Grade Lithium Samples	23-10-10	MT
Medaro Mining Corp. Acquires Additional Claims At Lac La Motte in Quebec and Discovers High Grade Lithium Samples	23-10-10	CI
Medaro Mining Corp. acquired 15 Additional Claims at Lac La Motte Property in Quebec.	23-10-09	CI
Medaro Mining Corp. acquired 15 additional claims in Lac La Motte property in Quebec.	23-10-09	CI
Medaro Mining Corp. completed the acquisition of James Bay Pontax Lithium Project in Quebec, Canada.	23-09-29	CI
Medaro Mining Completes Drill Program At CYR South Lithium Property	23-09-28	MT
Medaro Mining Corp. Announces Successful Completion of Diamond Drill Program at CYR South Lithium Property	23-09-28	CI
Medaro Mining Completes 2023 Exploration Work On Rapide Lithium Property	23-08-24	MT
Medaro Mining Completes 2023 Exploration Work on the Rapide Lithium Property in Quebec	23-08-24	CI
Medaro Mining Initiates 2023 Exploration Work on Rapide Lithium Property; Completes Work on Darlin Property	23-07-18	MT
Medaro Mining Commences 2023 Exploration Work on the Rapide Lithium Property, Completes Work on Darlin Property, in Quebec	23-07-18	CI
Medaro Mining Corp. to Explore Extension of Its Spodumene Processing Technology to Include Production of Lithium Metal	23-06-14	CI
Medaro Mining Commences Phase 2 Exploration Work on the Darlin Lithium Property in Quebec	23-06-06	CI
Medaro Mining Up Near 30% After Saying Its Spodumene Processing Technology Achieved Greater Than 95% Lithium Recovery	23-06-01	MT
Medaro Mining Corp. Reports New, Extremely Positive Lithium Recovery Data Derived from Use of the Patent-Pending Spodumene Processing Technology	23-06-01	CI
Medaro Mining Brief: Says Its Spodumene Processing Technology Achieved Greater Than 95% Lithium Recovery From Both High- And Low-Purity Spodumene	23-06-01	MT
Toronto Stocks Continue Retreat; Enghouse Systems Gains on Asset, Brand Acquisition	23-05-17	DJ
Medaro Mining Enters into Agreement to Acquire James Bay Pontax Lithium Project	23-05-17	CI
Medaro Mining Corp. entered into a share purchase agreement to acquire James Bay Pontax Lithium Project in Quebec, Canada for CAD 0.1 million.	23-05-16	CI
Medaro Mining Corp. agreed to Spin-Off Global Lithium Extraction Technologies, Inc.	23-04-23	CI

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Company Profile

Medaro Mining Corp. is a Canada-based lithium exploration company. The Company owns or holds options over the Superb Lake lithium property located in Thunder Bay, Ontario, the Lac La Motte, Darlin, Rapide, Pontax and Cyr lithium properties in Quebec and the Yurchison uranium property in Northern Saskatchewan. The Superb Lake lithium property is located in the Thunder Bay Mining District, Northwestern Ontario. The Lac La Motte Lithium Property is located in northwestern Quebec, Canada. The CYR South Lithium Property consists of 52 mining claims covering approximately 2,748 hectares in the James Bay area of Quebec, Canada. The Pontax Lithium Project comprises 101 mineral claims covering approximately 5,800 hectares located in the heart of Lithium-rich Eeyou Istchee, James Bay Territory of Quebec. The Yurchison uranium property consists of 12 claims totaling 55,934 hectares in the Wollaston Domain of northern Saskatchewan, Canada.

Sector

Specialty Mining & Metals

Calendar

2024-05-22 - Q2 2024 Earnings Release (Projected)

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