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Medaro Announces Exploration Plans for Its Yurchison Uranium Property

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Medaro Mining Corp. (CSE: MEDA) has announced its exploration plans for a winter program at its Yurchison Uranium property in Saskatchewan, expected to begin within the next 45 days. The program will include geological prospecting, mapping, and sampling, aided by ground radiometric surveying using handheld gamma-ray spectrometers and scintillometers.

The primary goals are to determine the host-rock and/or structural control of previously identified radioactive mineral occurrences, explain the surficial expression of VTEM conductors, and locate additional zones of uranium mineralization. The Yurchison property is located approximately 95 km south of Rabbit Lake and McClean Lake uranium mines, along the southeastern boundary of the Athabasca Basin.

CEO Michael Mulberry expressed excitement about the program, stating it represents a critical next step in advancing the project and unlocking its full potential in the mineral-rich Athabasca Basin region.

Medaro Mining Corp. (CSE: MEDA) ha annunciato i suoi piani di esplorazione per un programma invernale nella sua proprietà di uranio Yurchison in Saskatchewan, previsto per iniziare entro i prossimi 45 giorni. Il programma includerà prospezione geologica, mappatura e campionamento, supportato da rilievi radiometrici a terra utilizzando spettrometri gamma e scintillometri portatili.

Gli obiettivi principali sono determinare l'host-rock e/o il controllo strutturale delle precedentemente identificate occorrenze minerarie radioattive, spiegare l'espressione superficiale dei conduttori VTEM e localizzare ulteriori zone di mineralizzazione uranifera. La proprietà Yurchison si trova a circa 95 km a sud delle miniere di uranio di Rabbit Lake e McClean Lake, lungo il confine sud-est del Bacino di Athabasca.

Il CEO Michael Mulberry ha espresso entusiasmo per il programma, affermando che rappresenta un passo critico per far progredire il progetto e sbloccare il suo pieno potenziale nella ricca regione mineraria del Bacino di Athabasca.

Medaro Mining Corp. (CSE: MEDA) ha anunciado sus planes de exploración para un programa invernal en su propiedad de uranio Yurchison en Saskatchewan, que se espera comience en los próximos 45 días. El programa incluirá prospección geológica, cartografía y muestreo, apoyado por levantamientos radiométricos en el terreno utilizando espectrómetros de rayos gamma portátiles y cintillómetros.

Los objetivos principales son determinar la roca huésped y/o el control estructural de las ocurrencias minerales radiactivas previamente identificadas, explicar la expresión superficial de los conductores VTEM y localizar zonas adicionales de mineralización de uranio. La propiedad Yurchison se encuentra a aproximadamente 95 km al sur de las minas de uranio de Rabbit Lake y McClean Lake, a lo largo del límite sureste de la Cuenca de Athabasca.

El CEO Michael Mulberry expresó su entusiasmo por el programa, afirmando que representa un paso crítico en el avance del proyecto y en la desbloqueo de su pleno potencial en la rica región mineral del Cuenca de Athabasca.

메다로 마이닝 코퍼레이션 (CSE: MEDA)은 사스카츄완에 있는 유르치슨 우라늄 자산에서 겨울 프로그램을 위한 탐사 계획을 발표했으며, 이는 향후 45일 이내에 시작될 예정이다. 이 프로그램은 지질 탐사, 지도 제작 및 샘플링을 포함하며, 핸드헬드 감마선 스펙트로미터와 신틸로미터를 사용하는 지상 방사선 조사를 통해 지원된다.

주요 목표는 이전에 확인된 방사성 광물 발생의 숙주 암석 및/또는 구조적 제어를 결정하고, VTEM 전도체의 표층 표현을 설명하며, 우라늄 광물화의 추가 구역을 찾아내는 것이다. 유르치슨 자산은 래빗 레이크와 맥클린 레이크 우라늄 광산에서 약 95km 남쪽에 위치하고 있으며, 아타바스카 분지의 남동쪽 경계에 있다.

CEO 마이클 멀베리는 이 프로그램에 대한 기대감을 표현하며, 이는 프로젝트를 발전시키고 미네랄이 풍부한 아타바스카 분지 지역에서의 잠재력을 완전히 발휘하는 데 있어 중요한 다음 단계임을 강조하였다.

Medaro Mining Corp. (CSE: MEDA) a annoncé ses plans d'exploration pour un programme d'hiver sur sa propriété uranifère Yurchison en Saskatchewan, qui devrait commencer dans les 45 prochains jours. Le programme comprendra prospection géologique, cartographie et échantillonnage, soutenu par des relevés radiométriques au sol utilisant des spectromètres gamma manuels et des scintillomètres.

Les objectifs principaux sont de déterminer la roche hôte et/ou le contrôle structural des occurrences minérales radioactives précédemment identifiées, d'expliquer l'expression superficielle des conducteurs VTEM et de localiser des zones supplémentaires de minéralisation d'uranium. La propriété Yurchison est située à environ 95 km au sud des mines d'uranium Rabbit Lake et McClean Lake, le long de la limite sud-est du bassin d'Athabasca.

Le PDG Michael Mulberry a exprimé son enthousiasme pour le programme, déclarant qu'il représente une étape cruciale pour faire avancer le projet et libérer son plein potentiel dans la région riche en minéraux du bassin d'Athabasca.

Medaro Mining Corp. (CSE: MEDA) hat seine Erkundungspläne für ein Winterprogramm in seinem Uranprojekt Yurchison in Saskatchewan bekannt gegeben, das voraussichtlich in den nächsten 45 Tagen beginnen wird. Das Programm wird geologische Prospektion, Kartierung und Probenahme umfassen und wird durch bodenradiometrische Messungen mithilfe von Hand-Gamma-Spektrometern und Szintillometern unterstützt.

Die Hauptziele sind die Bestimmung des Wirtsgesteins und/oder der strukturellen Kontrolle zuvor identifizierter radioaktiver Mineralvorkommen, die Erklärung des oberflächlichen Ausdrucks der VTEM-Leiter sowie die Lokalisierung weiterer Zonen der Uranmineralisation. Das Yurchison-Projekt befindet sich etwa 95 km südlich der Uranminen Rabbit Lake und McClean Lake, entlang der südöstlichen Grenze des Athabasca-Beckens.

CEO Michael Mulberry drückte seine Begeisterung über das Programm aus und erklärte, dass es einen entscheidenden nächsten Schritt zur Weiterentwicklung des Projekts darstellt und das volle Potenzial der mineralreichen Region des Athabasca-Beckens freisetzen könnte.

Positive
  • Commencement of winter exploration program at Yurchison Uranium property
  • Property located in the mineral-rich Athabasca Basin region
  • Accessible via Highway 905, an all-weather highway
Negative
  • Exploration results are uncertain and may not lead to significant discoveries
  • Potential need for helicopter access to certain areas of the property, increasing exploration costs

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - Medaro Mining Corp. (CSE: MEDA) ("Medaro" or the "Company") is pleased to announce its exploration plans for a winter program at its Yurchison Uranium property located in Saskatchewan. The program is anticipated to commence within the next 45 days.

Geological prospecting, mapping, and sampling of the various rock types located on the property will be aided by ground radiometric surveying using handheld gamma-ray spectrometers and scintillometers. The primary goals of the field program will be to determine the hose-rock and/or structural control of previous identified radioactive mineral occurrences, explain the surficial expression (if any) of the VTEM conductors, and ultimately locate additional zones of uranium mineralization and/or radioactivity along prospective zones.

The Yurchison property lies approximately 95 km south of Rabbit Lake and McClean Lake uranium mines, along the southeastern boundary of the Athabasca Basin. The Yurchison project area is accessible via Highway 905, an all-weather highway that runs through the middle of the Property. Access to the south-west and north-east areas of the Property would be accomplished with a helicopter.

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Commenting on this start of the program Medaro Mining's CEO Michael Mulberry said, "We are excited to launch this program at our Yurchison Lake project. Our earlier exploration work, including the discovery of Uranium indicators, has provided us with targets and look to expand on them. This program represents a critical next step in advancing the project as we work towards unlocking its full potential. The Athabasca Basin region is known for its rich mineral resources, and we are optimistic about the opportunities that lie ahead."

Qualified Person

Afzaal Pirzada, P.Geo., a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

On Behalf of the Board of Directors
Michael Mulberry
CEO & Director

About the Company

The Company is an exploration company based in Vancouver, BC. and holds options over the Superb Lake lithium property located in Thunder Bay, Ontario; Darlin, Rapide and the CYR South lithium properties in Quebec; and Yurichson Uranium property in the Athabasca basin Saskatchewan. The Company owns 100% of the current Lac Lamotte claim block. The Company is a party to a joint venture agreement that engages the Company in the development and commercialization of a new process to extract lithium from spodumene concentrate.

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 Program's composition and 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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225886

FAQ

When will Medaro Mining (MEDA) start its exploration program at the Yurchison Uranium property?

Medaro Mining plans to commence its winter exploration program at the Yurchison Uranium property within the next 45 days from the announcement date of October 8, 2024.

What are the main objectives of Medaro Mining's (MEDA) exploration program at Yurchison?

The primary goals are to determine the host-rock and structural control of previously identified radioactive mineral occurrences, explain the surficial expression of VTEM conductors, and locate additional zones of uranium mineralization along prospective zones.

Where is Medaro Mining's (MEDA) Yurchison Uranium property located?

The Yurchison Uranium property is located in Saskatchewan, approximately 95 km south of Rabbit Lake and McClean Lake uranium mines, along the southeastern boundary of the Athabasca Basin.

What exploration methods will Medaro Mining (MEDA) use at the Yurchison property?

Medaro Mining will conduct geological prospecting, mapping, and sampling of various rock types, aided by ground radiometric surveying using handheld gamma-ray spectrometers and scintillometers.

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