Medaro Mining Commenced 2023 Exploration Work on the Rapide Lithium Property, Completes Work on Darlin Property, in Quebec
Medaro Mining Corp. (CSE: MEDA) has launched its 2023 exploration fieldwork program on the Rapide Lithium Property in Val-d'Or, Quebec. The program aims to expand on the 2022 findings, which revealed lithium anomalies through soil sampling. Key objectives include:
1. Extending the soil grid to the north
2. Establishing two additional soil grids in the northern and southern sections
3. Conducting prospecting, mapping, and rock chip sampling of potential pegmatites
The program is expected to last 6-8 weeks, subject to weather conditions and fire restrictions. Medaro has also completed exploration work at the Darlin property, with over 240 samples awaiting analysis. CEO Michael Mulberry expressed enthusiasm for the program, highlighting the company's commitment to advancing exploration efforts and unlocking value within their portfolio.
Medaro Mining Corp. (CSE: MEDA) ha lanciato il programma di lavoro di esplorazione per il 2023 sulla proprietà di Litio Rapide a Val-d'Or, Quebec. Il programma mira a espandere le scoperte del 2022, che hanno rivelato anomalie di litio tramite campionamento del suolo. Gli obiettivi principali includono:
1. Estendere la griglia del suolo a nord
2. Stabilire due ulteriori griglie di suolo nelle sezioni settentrionale e meridionale
3. Condurre prospezione, mappatura e campionamento di rocce potenzialmente pegmatitiche
Il programma dovrebbe durare 6-8 settimane, soggetto a condizioni meteorologiche e restrizioni anti-incendio. Medaro ha anche completato il lavoro di esplorazione sulla proprietà Darlin, con oltre 240 campioni in attesa di analisi. Il CEO Michael Mulberry ha espresso entusiasmo per il programma, sottolineando l'impegno dell'azienda nel portare avanti gli sforzi di esplorazione e nel valorizzare il proprio portafoglio.
Medaro Mining Corp. (CSE: MEDA) ha lanzado su programa de trabajo de exploración para 2023 en la propiedad de Litio Rapide en Val-d'Or, Quebec. El programa tiene como objetivo ampliar los hallazgos de 2022, que revelaron anomalías de litio a través de muestreo de suelo. Los objetivos clave incluyen:
1. Ampliar la cuadrícula de suelo hacia el norte
2. Establecer dos cuadrículas adicionales de suelo en las secciones norte y sur
3. Realizar prospección, cartografía y muestreo de rocas de posibles pegmatitas
Se espera que el programa dure de 6 a 8 semanas, sujeto a las condiciones climáticas y restricciones contra incendios. Medaro también ha completado el trabajo de exploración en la propiedad Darlin, con más de 240 muestras en espera de análisis. El CEO Michael Mulberry expresó su entusiasmo por el programa, destacando el compromiso de la empresa para avanzar en los esfuerzos de exploración y desbloquear valor dentro de su cartera.
메다로 마이닝 주식회사 (CSE: MEDA)는 2023 탐사 현장 작업 프로그램을 시작하였습니다. 퀘벡 발도르의 라피드 리튬 부지에서 진행되며, 이 프로그램은 토양 샘플링을 통한 리튬 이상 현상을 발견한 2022년 결과를 확장하는 것을 목표로 합니다. 주요 목표는 다음과 같습니다:
1. 북쪽으로 토양 그리드 확장
2. 북부 및 남부 구역에 두 개의 추가 토양 그리드 설정
3. 잠재적 페그마타이트의 탐사, 지도 작성 및 암석 조각 샘플링 수행
프로그램은 기상 조건과 화재 제한에 따라 6-8주간 지속될 것으로 예상됩니다. 메다로는 또한 다를린 부지에서 탐사 작업을 완료하였으며, 240개 이상의 샘플이 분석 대기 중입니다. CEO 마이클 멀버리는 프로그램에 대한 기대감을 표명하며, 회사의 탐사 노력 지속 및 포트폴리오 가치 증대에 대한 의지를 강조했습니다.
Medaro Mining Corp. (CSE: MEDA) a lancé son programme de travaux d'exploration pour 2023 sur la propriété de lithium Rapide à Val-d'Or, Québec. Le programme vise à étendre les résultats de 2022, qui ont révélé des anomalies de lithium par échantillonnage du sol. Les objectifs clés comprennent :
1. Étendre le réseau de sol vers le nord
2. Établir deux réseaux de sol supplémentaires dans les sections nord et sud
3. Effectuer de la prospection, de la cartographie et de l'échantillonnage de roches potentielles de pegmatite
Le programme devrait durer de 6 à 8 semaines, selon les conditions météorologiques et les restrictions d'incendie. Medaro a également terminé les travaux d'exploration sur la propriété Darlin, avec plus de 240 échantillons en attente d'analyse. Le PDG Michael Mulberry a exprimé son enthousiasme pour le programme, soulignant l'engagement de l'entreprise à faire avancer ses efforts d'exploration et à débloquer de la valeur au sein de son portefeuille.
Medaro Mining Corp. (CSE: MEDA) hat sein Erkundungsfeldarbeitsprogramm für 2023 gestartet auf dem Rapide-Lithium-Grundstück in Val-d'Or, Quebec. Das Programm zielt darauf ab, die Erkenntnisse aus 2022 zu erweitern, die Lithiumanomalien durch Bodenprobenentnahme offenlegten. Zu den Hauptzielen gehören:
1. Erweiterung des Bodenrasters nach Norden
2. Einrichtung von zwei weiteren Bodenrastern in den nördlichen und südlichen Abschnitten
3. Durchführung von prospektiven Untersuchungen, Kartierungen und Gesteinsprobenentnahmen von potenziellen Pegmatiten
Das Programm wird voraussichtlich 6-8 Wochen dauern, abhängig von Wetterbedingungen und Feuerverboten. Medaro hat auch Erkundungsarbeiten auf dem Darlin-Grundstück abgeschlossen, wobei über 240 Proben auf Analyse warten. CEO Michael Mulberry äußerte sich begeistert über das Programm und betonte das Engagement des Unternehmens für die Förderung der Erkundungsanstrengungen und die Wertschöpfung innerhalb ihres Portfolios.
- Launch of 2023 exploration fieldwork program on Rapide Lithium Property
- Expansion of soil sampling grid to cover more area
- Completion of exploration work at Darlin property with 240 samples collected
- None.
VANCOUVER, British Columbia, July 18, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA) ("Medaro" or the "Company") is delighted to announce the launch of its 2023 exploration fieldwork program (the "Program") on the Rapide Lithium Property (the "Property") situated in Val-d'Or, Quebec, Canada. Building upon the success of the 2022 exploration efforts, which revealed lithium anomalies through soil sampling, the Company is eager to advance its understanding of the Property's lithium potential.
The primary objective of the 2023 work program is to expand upon the findings of the previous year by extending the soil grid to the north and establishing two additional soil grids in the northern and southern sections of the Property (see Figure 1 below). This strategic approach will allow for comprehensive coverage and enhanced exploration insights.
In addition to expanding the soil grid, the Company will undertake prospecting, mapping, and rock chip sampling activities to investigate potential pegmatites discovered during the soil sampling work. These pegmatites represent exciting prospects that warrant closer examination, and Medaro is committed to thorough exploration to unlock their full value.
Figure 1: Proposed Soil Grid _ Lithium assays
https://www.globenewswire.com/NewsRoom/AttachmentNg/691c26e6-8b8a-4352-91f2-aad7663392d9
Figure 2: Location of 2022 drill holes
https://www.globenewswire.com/NewsRoom/AttachmentNg/61b28396-b9f8-47ad-9e11-c49f8bbe2fa8
The duration of the Program is estimated to be 6-8 weeks, subject to weather conditions and fire restrictions in Quebec. Medaro is prepared to adapt and respond to any unforeseen challenges that may arise, ensuring the safety of its team and efficient execution of the exploration program.
Medaro is also pleased to announce that it has completed the exploration work at the Darlin property announced June 6. Over 240 samples were collected and are currently at the laboratory awaiting analysis. Results will be announced when received.
Michael Mulberry, CEO of Medaro expressed his enthusiasm for the commencement of the 2023 exploration fieldwork program, stating, "We are thrilled to initiate the next phase of exploration on the Rapide Lithium Property. The positive results from the 2022 work have reinforced our confidence in the potential of this asset. Through the diligent execution of this year's Program, we aim to build upon our previous discoveries and further define the lithium prospectivety of the Property. We also, excited to anticipate results from our recently completed program at the Darlin project 65 kilometers to the west, and will announce the results as soon as received. Medaro remains committed to advancing our exploration efforts and unlocking the inherent value within our portfolio."
Medaro Mining Corp. will provide regular updates on the progress of the exploration fieldwork program as significant milestones are achieved. Stakeholders and interested parties are encouraged to follow the Company's news releases and website for the latest information.
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 R. Mulberry
CEO & Director
About the Company
The Company is a lithium 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 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
FAQ
What is Medaro Mining's 2023 exploration plan for the Rapide Lithium Property?
How long is Medaro Mining's 2023 exploration program expected to last?
What work has Medaro Mining (MEDAF) completed on the Darlin property?
What were the findings of Medaro Mining's 2022 exploration efforts on the Rapide Lithium Property?
