Medaro Mining Commences Diamond Drilling Program at Lac La Motte Lithium Property in Quebec
Medaro Mining Corp. (CSE: MEDA) has commenced a diamond drilling program at its Lac La Motte lithium property in Quebec, Canada. The program, conducted by Forage Pelletier , is expected to cover 1,000 to 1,500 meters of NQ size drilling. This follows a 2023 Satellite Imaging Technology survey that identified prospective lithium targets along fault contact zones, and a May 2024 reconnaissance sampling program that refined drill target selection.
The drilling program aims to explore further after the discovery of a spodumene-bearing pegmatite boulder on the property in 2023, which assayed 5,380 ppm lithium (1.15% lithium oxide). CEO Michael Mulberry expressed optimism about the program's potential to advance the project in the mineral-rich Val-d'Or region.
Medaro Mining Corp. (CSE: MEDA) ha avviato un programma di perforazione a diamante presso il suo proprietà litio Lac La Motte in Quebec, Canada. Il programma, condotto da Forage Pelletier, dovrebbe coprire tra 1.000 e 1.500 metri di perforazione di dimensioni NQ. Questo segue un'indagine con tecnologia di imaging satellitare del 2023 che ha identificato potenziali obiettivi di litio lungo le zone di contatto delle faglie, e un programma di campionamento di ricognizione realizzato a maggio 2024 che ha affinato la selezione degli obiettivi di perforazione.
Il programma di perforazione mira a esplorare ulteriormente dopo la scoperta di un boulder di pegmatite contenente spodumene sulla proprietà nel 2023, che ha mostrato un tenore di 5.380 ppm di litio (1,15% di ossido di litio). Il CEO Michael Mulberry ha espresso ottimismo riguardo al potenziale del programma di far progredire il progetto nella ricca regione mineraria di Val-d'Or.
Medaro Mining Corp. (CSE: MEDA) ha comenzado un programa de perforación con diamante en su propiedad de litio Lac La Motte en Quebec, Canadá. Se espera que el programa, realizado por Forage Pelletier, cubra entre 1.000 y 1.500 metros de perforación de tamaño NQ. Esto sigue a una encuesta de tecnología de imágenes satelitales de 2023 que identificó objetivos prospectivos de litio a lo largo de zonas de contacto de fallas, y un programa de muestreo de reconocimiento realizado en mayo de 2024 que refinó la selección de objetivos de perforación.
El programa de perforación tiene como objetivo explorar más a fondo tras el descubrimiento de un boulder de pegmatita que contiene espodumena en la propiedad en 2023, que tuvo un análisis de 5.380 ppm de litio (1,15% óxido de litio). El CEO Michael Mulberry expresó optimismo acerca del potencial del programa para avanzar en el proyecto en la rica región minera de Val-d'Or.
메다로 광업 주식회사 (CSE: MEDA)는 캐나다 퀘벡에 위치한 라크 라 모트 리튬 소유지에서 다이아몬드 시추 프로그램을 시작했습니다. 이 프로그램은 Forage Pelletier에 의해 실시되며, NQ 사이즈 시추를 1,000에서 1,500미터까지 수행할 예정입니다. 이는 2023년의 위성 이미징 기술 조사가 단층 접촉 구역을 따라 잠재적인 리튬 목표를 식별한 이후 진행된 것이며, 2024년 5월의 정찰 샘플링 프로그램이 시추 목표 선택을 정제했습니다.
시추 프로그램은 2023년에 소유지에서 발견된 스포듐엔 함유 페그마타이트 바위의 발견 이후 더 깊은 탐사를 목표로 하며, 해당 바위는 5,380 ppm의 리튬 (1.15% 리튬 산화물)의 함량을 나타냈습니다. CEO 마이클 멀버리는 이 프로그램이 미네랄이 풍부한 발도르 지역에서 프로젝트를 발전시킬 잠재력에 대해 낙관적이라고 표현했습니다.
Medaro Mining Corp. (CSE: MEDA) a lancé un programme de forage au diamant sur sa propriété en lithium Lac La Motte au Québec, Canada. Le programme, réalisé par Forage Pelletier, devrait couvrir entre 1.000 et 1.500 mètres de forage de taille NQ. Cela fait suite à une enquête sur la technologie d'imagerie satellite de 2023 qui a identifié des cibles lithium potentielles le long des zones de contact des failles, et à un programme d'échantillonnage de reconnaissance réalisé en mai 2024 qui a affiné la sélection des cibles de forage.
Le programme de forage vise à explorer davantage après la découverte, en 2023, d'un bloc de pegmatite contenant de la spodumène sur la propriété, qui a révélé 5.380 ppm de lithium (1,15 % d'oxyde de lithium). Le PDG Michael Mulberry a exprimé son optimisme quant au potentiel du programme pour faire avancer le projet dans la région minière riche en minéraux de Val-d'Or.
Medaro Mining Corp. (CSE: MEDA) hat ein Diamantbohrprogramm auf seinem Lac La Motte Lithium-Eigentum in Quebec, Kanada, begonnen. Das Programm, das von Forage Pelletier durchgeführt wird, soll 1.000 bis 1.500 Meter tief mit NQ-Größe gebohrt werden. Dies folgt auf eine Satellitenbildtechnologie-Umfrage aus dem Jahr 2023, die potenzielle Lithiumziele entlang von Störungs-Kontaktzonen identifiziert hat, und ein Erkundungsprobenahmeprogramm im Mai 2024, das die Auswahl der Bohrziele verfeinert hat.
Das Bohrprogramm zielt darauf ab, weiter zu erkunden, nachdem 2023 ein Spodumen-haltiger Pegmatitblock auf dem Grundstück entdeckt wurde, der 5.380 ppm Lithium (1,15 % Lithiumoxid) ergab. CEO Michael Mulberry äußerte Optimismus über das Potenzial des Programms, das Projekt in der mineralreichen Region Val-d'Or voranzubringen.
- Commencement of diamond drilling program at Lac La Motte lithium property
- Previous discovery of high-grade lithium-bearing pegmatite boulder (5,380 ppm Li)
- Satellite Imaging Technology survey identified prospective lithium exploration targets
- Potential to increase drilling meterage if additional funds become available
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Medaro Mining Corp. (CSE: MEDA) (OTC Pink: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce the commencement of a diamond drilling program (the "Program") on the Company's Lac La Motte lithium property, located in the Val-d'Or area of Quebec, Canada (the "Property"). The Company has engaged Forage Pelletier Ltd., based in Chapais, Quebec, to conduct the Program, which is expected to consist of 1,000 to 1,500 meters of NQ size diamond drilling. Medaro may increase the meterage of the Program, depending on the availability of additional funds.
In 2023, Medaro completed a Satellite Imaging Technology (SIT) survey on the Property, which identified prospective lithium exploration targets running in a North/South direction along fault contact zones. This survey was aimed at locating the source of a spodumene-bearing pegmatite boulder discovered on the Property during prior fieldwork conducted by the Company in 2023, which returned an assay of 5,380 parts per million (ppm) lithium (equivalent to
Figure 1: Map with Satellite imaging targets
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Commenting on the commencement of the Program, Medaro's CEO, Michael Mulberry said, "We are excited to launch this drilling program at Lac La Motte. Our earlier exploration work, including the discovery of high-grade lithium-bearing pegmatite boulder, has provided us with strong drill targets. The Program represents a critical next step in advancing the project as we work towards unlocking its full potential. The Val-d'Or region is known for its rich mineral resources, and we are optimistic about the opportunities that lie ahead."
Core Logging and Sampling Procedures
The drill core from the Program will be transported to a core shack located in the village of St-Dominique du Rosaire, which is approximately 50km from the Property, for core logging, sample preparation and storage. The drill core will be logged and sampled at the core shack using a rock saw. For quality control and quality assurance (QA/QC), field duplicates, standards and blanks will be inserted at industry standard intervals. The samples will be bagged and tagged using best practices and will be delivered to Activation Laboratories Ltd. ("ACTLABS") in Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2). ACTLABS is an independent commercial accredited ISO Certified Laboratory.
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 Darlin, Rapide, Lac La Motte and CYR South lithium properties in Quebec and the Yurchison uranium property in the Athabasca basin, Saskatchewan. The Company owns the James Bay Pontax project in Quebec and the Superb Lake lithium property located in Thunder Bay, Ontario. 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.sedarplus.ca.
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, the Program being a critical next step in advancing the Property, the Company working towards unlocking the Property's full potential and the core logging and sampling procedures that will form part of the Program, 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/223836
FAQ
What is the size of Medaro Mining's diamond drilling program at Lac La Motte?
What was the lithium content of the pegmatite boulder discovered by Medaro Mining in 2023?
Who is conducting the diamond drilling program for Medaro Mining (MEDA) at Lac La Motte?
What previous exploration work has Medaro Mining (MEDA) conducted at Lac La Motte?
