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Medaro Mining Completes Superb Lake Option Agreement Earn-in Obligations

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Medaro Mining Corp. (CSE: MEDA, OTC Pink: MEDAD, FSE: 1ZY) has successfully fulfilled its earn-in obligations for the Superb Lake lithium project in Northwestern Ontario, Canada. The company now holds a 100% interest in the Property, which is located in the Thunder Bay Mining District. This achievement marks a significant milestone for Medaro, potentially strengthening its position in the lithium mining sector. The completion of the option agreement suggests that Medaro is advancing its strategic objectives in acquiring valuable lithium assets.

Medaro Mining Corp. (CSE: MEDA, OTC Pink: MEDAD, FSE: 1ZY) ha soddisfatto con successo i suoi obblighi di acquisizione per il progetto litio Superb Lake nel Northwestern Ontario, Canada. L'azienda ora detiene un interesse del 100% nella proprietà, situata nel distritto minerario di Thunder Bay. Questo traguardo segna una pietra miliare significativa per Medaro, potenzialmente rafforzando la sua posizione nel settore minerario del litio. Il completamento dell'accordo di opzione suggerisce che Medaro sta avanzando nei suoi obiettivi strategici di acquisire preziosi asset di litio.

Medaro Mining Corp. (CSE: MEDA, OTC Pink: MEDAD, FSE: 1ZY) ha cumplido con éxito sus obligaciones de adquisición para el proyecto de litio Superb Lake en el noroeste de Ontario, Canadá. La empresa ahora posee un 100% de interés en la propiedad, que está ubicada en el Distrito Minero de Thunder Bay. Este logro marca un hito significativo para Medaro, lo que potencialmente fortalece su posición en el sector de la minería de litio. La finalización del acuerdo de opción sugiere que Medaro está avanzando en sus objetivos estratégicos para adquirir valiosos activos de litio.

메다로 마이닝 코프 (CSE: MEDA, OTC Pink: MEDAD, FSE: 1ZY)는 캐나다 노스웨스트 온타리오에 있는 수퍼브 레이크 리튬 프로젝트의 인수 의무를 성공적으로 이행했습니다. 이 회사는 현재 100%의 소유권을 확보하고 있으며, 이 자산은 썬더 베이 광역구에 위치합니다. 이 성과는 메다로에게 중요한 이정표를 세우며, 리튬 광업 부문에서의 위치를 강화할 가능성이 있습니다. 옵션 계약의 완료는 메다로가 귀중한 리튬 자산을 확보하기 위한 전략적 목표를 진척시키고 있음을 시사합니다.

Medaro Mining Corp. (CSE: MEDA, OTC Pink: MEDAD, FSE: 1ZY) a réussi à remplir ses obligations d'acquisition pour le projet de lithium Superb Lake dans le nord-ouest de l'Ontario, Canada. L'entreprise détient désormais un intérêt de 100% dans la propriété, située dans le dossier minier de Thunder Bay. Cette réalisation représente une étape importante pour Medaro, renforçant potentiellement sa position dans le secteur de l'exploitation du lithium. L'achèvement de l'accord d'option suggère que Medaro avance dans ses objectifs stratégiques pour acquérir des actifs de lithium précieux.

Medaro Mining Corp. (CSE: MEDA, OTC Pink: MEDAD, FSE: 1ZY) hat erfolgreich seine Earn-In-Verpflichtungen für das Superb Lake Lithium-Projekt im nordwestlichen Ontario, Kanada, erfüllt. Das Unternehmen hält nun einen 100%igen Anteil an dem Grundstück, das sich im Thunder Bay Bergbaubezirk befindet. Dieser Erfolg markiert einen bedeutenden Meilenstein für Medaro und könnte die Position im Lithiumbergbau stärken. Der Abschluss des Optionsvertrags deutet darauf hin, dass Medaro seine strategischen Ziele bei der Akquisition wertvoller Lithium-Vermögenswerte vorantreibt.

Positive
  • Medaro Mining has acquired 100% interest in the Superb Lake lithium project
  • Successful completion of earn-in obligations for a strategic lithium asset
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Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Medaro Mining Corp. (CSE: MEDA) (OTC Pink: MEDAD) (FSE: 1ZY) ("Medaro" or the "Company") is pleased to announce the completion of its earn-in obligations to acquire a 100% interest in and to the Superb Lake lithium project located in the Thunder Bay Mining District of Northwestern Ontario, Canada (the "Property"). The Company now holds a 100% interest in and to the Property.

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

About the Company

The Company is a lithium 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 Yurichson Uranium property in the Athabasca basin in Saskatchewan. The Company owns the James Bay Pontax Project in Quebec and the Superb Lake lithium project in 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.

Contact Information
info@medaromining.com
778-837-7191

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220627

FAQ

What has Medaro Mining (MEDAD) achieved regarding the Superb Lake lithium project?

Medaro Mining has completed its earn-in obligations and acquired a 100% interest in the Superb Lake lithium project located in Northwestern Ontario, Canada.

Where is the Superb Lake lithium project that Medaro Mining (MEDAD) acquired located?

The Superb Lake lithium project is located in the Thunder Bay Mining District of Northwestern Ontario, Canada.

What is the significance of Medaro Mining (MEDAD) completing the Superb Lake option agreement?

Completing the option agreement means Medaro Mining now holds a 100% interest in the Superb Lake lithium project, potentially strengthening its position in the lithium mining sector.

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