Program Description
The summer 2022 work program was comprised of soil and rock sampling and geological mapping, aimed at identifying a group of pegmatites for their potential to host lithium mineralization. A total of 600 soil samples and 18 rock samples were collected as part of the work program. 42.58-line kilometres of ground magnetic and VLF geophysical survey was also completed as part of this work program. The results of rock and soil samples are reported in this news release and the ground geophysical survey will be reported separately.
Assay Highlights
- Rock samples assays show lithium values in the range of less than 15 parts per million (ppm) to 1,480 ppm (Figure 1) with five pegmatites sampled for higher lithium and require a follow up work of trenching and drilling.
- Beryllium (Be) values are in the range of 6 ppm to over 5,000 ppm (above the laboratory’s detection limit) with six samples showing over 5,000 ppm.
- Cesium values are in the range of 6 ppm to 1770 ppm, and rubidium (Rb) in the range of 3.2 ppm to 285 ppm.
Soil Samples
- Lithium values are in the range of less than 15 ppm to 73 ppm (Figure 2). A cluster of anomalies in the middle of the Property is considered as a high value target for trenching and exploratory drilling.
- Cesium values are in the range of 0.3 ppm to 26.6 ppm.
- Niobium is from less than 2.4 ppm to 24.3 ppm and tantalum is 0.3 ppm to 21.2 ppm.
- Rubidium is in the range of 3.1 ppm to 127 ppm.
- Several samples with higher cesium, niobium, tantalum and rubidium values are concurrent with lithium anomalies.
All rock and soil samples were bagged and tagged using best practices and were delivered to
Figure 1: Rock Samples Results from 2021 and 2022 sampling.
Figure 2: Soil samples results for lithium.
The Company expects to advance the next stage of its exploration work based off the new information gained from the soil and rock sample program at the Property. The basis for beginning this preliminary surface exploration work at CYR is to identify new pegmatites across the Property in order to help establish targets for a potential, future diamond drill program. CYR is one of four
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President & Director
About the Company
The Company is a lithium exploration company based in
For more information, investors should review the Company’s filings that are available at www.sedar.com.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the results of exploration at CYR and the Company’s plans for future exploration programs, including the timing thereof are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Contact Information
info@medaromining.com
604-602-0001
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/da8eae01-0745-47b7-a2c4-b12726e6fa80
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Figure 1
Rock Samples Results from 2021 and 2022 sampling.
Figure 2
Soil samples results for lithium.
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