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Medaro Mining Commenced Phase 2 Exploration Work on the Darlin Lithium Property in Quebec

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Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) has commenced Phase 2 exploration at its 100% owned Darlin lithium property in Val-d'Or, Quebec, Canada. The work program extends the 2022 soil grid to the east and north in the northern claim block and east-west in the southern claim block. This follows Phase 1 work in 2022 that identified lithium anomalies trending towards the east and northern parts of the property.

The objective is to identify new lithium targets for follow-up trenching and drilling. CEO Michael Mulberry expressed excitement about resuming exploration, considering Darlin a highly prospective lithium project in a favorable mining jurisdiction. The company believes the property has potential to host significant lithium pegmatite mineralization associated with regional structures and intrusions.

Samples will be processed using best practices and analyzed at Activation Laboratories in Ancaster, Ontario using the Ultratrace 7 code.

Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) ha iniziato la Fase 2 dell'esplorazione presso il suo progetto litio Darlin, di cui detiene il 100% della proprietà, a Val-d'Or, Quebec, Canada. Il programma di lavoro estende il reticolato di campionamento del suolo del 2022 verso est e nord nel blocco di concessioni settentrionale e da est a ovest in quello meridionale. Questo segue i lavori della Fase 1 del 2022, che hanno identificato anomalie di litio che si dirigono verso est e nelle parti settentrionali della proprietà.

L'obiettivo è identificare nuovi bersagli di litio per successivi scavi e perforazioni. Il CEO Michael Mulberry ha espresso entusiasmo per la ripresa dell'esplorazione, considerando Darlin un progetto litio molto promettente in una giurisdizione mineraria favorevole. L'azienda crede che la proprietà abbia il potenziale per ospitare significative mineralizzazioni di pegmatite di litio associate a strutture e intrusioni regionali.

I campioni saranno elaborati seguendo le migliori pratiche e analizzati presso le Laboratorie Activation ad Ancaster, Ontario, utilizzando il codice Ultratrace 7.

Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) ha iniciado la Fase 2 de exploración en su propiedad de litio Darlin, de la cual posee el 100%, en Val-d'Or, Quebec, Canadá. El programa de trabajo extiende la cuadrícula de suelo de 2022 hacia el este y el norte en el bloque de concesiones del norte y de este a oeste en el bloque meridional. Esto sigue al trabajo de la Fase 1 en 2022 que identificó anomalías de litio que se dirigen hacia las partes este y norte de la propiedad.

El objetivo es identificar nuevos objetivos de litio para seguir con excavaciones y perforaciones. El CEO Michael Mulberry expresó su entusiasmo por reanudar la exploración, considerando a Darlin un proyecto de litio muy prometedor en una jurisdicción minera favorable. La empresa cree que la propiedad tiene el potencial de albergar una significativa mineralización de pegmatita de litio asociada con estructuras e intrusiones regionales.

Las muestras serán procesadas utilizando las mejores prácticas y analizadas en Activation Laboratories en Ancaster, Ontario, utilizando el código Ultratrace 7.

메다로 마이닝 주식회사(CSE: MEDA OTC:MEDAF FWB:1ZY)는 캐나다 퀘벡 주 발도르에 위치한 100% 소유의 달린 리튬 자산에서 2단계 탐사를 시작했습니다. 작업 프로그램은 2022년 토양 그리드를 북쪽 청구 블록의 동쪽 및 북쪽으로, 남쪽 청구 블록에서는 동서 방향으로 확장합니다. 이는 리튬 이상 현상이 동쪽과 자산의 북쪽 부분으로 향하고 있다는 것을 확인한 2022년 1단계 작업에 이어집니다.

목표는 새로운 리튬 타겟을 식별하는 것으로, 후속 발굴 및 시추를 위해 이뤄집니다. CEO 마이클 멀버리는 탐사를 재개하게 되어 기쁘다며, 달린을 유망한 리튬 프로젝트로 평가했습니다. 이 회사는 이 자산이 지역 구조 및 침식과 관련된 상당한 리튬 페그마타이트 광상으로 구성될 잠재력이 있다고 믿고 있습니다.

샘플은 최선의 관행을 사용하여 처리되며, 온타리오주 앤캐스터의 액티베이션 실험실에서 Ultratrace 7 코드를 사용하여 분석됩니다.

Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) a commencé la phase 2 de l'exploration de sa propriété de lithium Darlin, dont elle détient 100%, à Val-d'Or, Québec, Canada. Le programme de travail étend la grille de sol de 2022 vers l'est et le nord dans le bloc de revendications nord et d'est en ouest dans le bloc de revendications sud. Cela fait suite aux travaux de la phase 1 en 2022 qui ont identifié des anomalies de lithium se dirigeant vers les parties est et nord de la propriété.

L'objectif est d'identifier de nouveaux cibles de lithium pour des fouilles et des forages ultérieurs. Le PDG Michael Mulberry a exprimé son enthousiasme à l'idée de reprendre l'exploration, considérant que Darlin est un projet de lithium à fort potentiel dans une juridiction minière favorable. L'entreprise croit que la propriété a le potentiel d'abriter une minéralisation significative de pegmatite de lithium associée à des structures et des intrusions régionales.

Les échantillons seront traités selon les meilleures pratiques et analysés aux Laboratoires Activation à Ancaster, Ontario, en utilisant le code Ultratrace 7.

Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) hat die Phase 2 der Erkundung in seiner 100%-Eigentum Darlin-Lithium-Liegenschaft in Val-d'Or, Quebec, Kanada, begonnen. Das Arbeitsprogramm erweitert das Bodennetz von 2022 nach Osten und Norden im nördlichen Anspruchsblock sowie in Ost-West-Richtung im südlichen Anspruchsblock. Dies folgt auf die Arbeiten der Phase 1 im Jahr 2022, bei denen Lithiumanomalien identifiziert wurden, die nach Osten und in die nördlichen Teile des Grundstücks verlaufen.

Das Ziel ist es, neue Lithiumziele zu identifizieren für anschließende Grabungen und Bohrungen. CEO Michael Mulberry äußerte sich erfreut über die Wiederaufnahme der Erkundung und betrachtet Darlin als ein vielversprechendes Lithiumprojekt in einer günstigen Bergbauregion. Das Unternehmen ist der Ansicht, dass das Grundstück das Potenzial hat, bedeutende Lithium-Pegmatit-Mineralisierungen in Verbindung mit regionalen Strukturen und Intrusionen zu beherbergen.

Proben werden nach besten Praktiken verarbeitet und im Activation Laboratories in Ancaster, Ontario, unter Verwendung des Ultratrace 7-Codes analysiert.

Positive
  • Commenced Phase 2 exploration work on 100% owned Darlin lithium property
  • Phase 1 work identified lithium anomalies indicating a trend
  • Potential to host significant lithium pegmatite mineralization
Negative
  • None.

VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) (“Medaro” or the “Company”) is pleased to is pleased to announce that it has commenced exploration work at its 100% owned Darlin lithium property located in Val-d’Or, Quebec, Canada. The Phase 1 work completed by Medaro in 2022 identified lithium anomalies indicating a trend which is extending further to the east and northern part of the Property. The current work program will extend the 2022 soil grid to the east and north in the northern claim block (Figure 1) and in the east-west direction in the southern claim block (Figure 2). The objective of the soil survey is to identify new lithium targets for follow-up trenching and drilling.

Figure 1: Darlin North Soil Grid Extension

Figure 1: Darlin North Soil Grid Extension

Michael Mulberry, CEO of Medaro stated that, “We are excited to resume exploration work at our Darlin lithium property, which we consider to be a highly prospective lithium project in a favourable mining jurisdiction. The Company believes that the Darlin lithium property has the potential to host significant lithium pegmatite mineralization associated with regional structures and intrusions.”

All samples from this program will be bagged and tagged using best practices and will be delivered to Activation Laboratories (“ACTLABS”), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7.

Figure 2: Darlin South Soil Grid Extension

Figure 2: Darlin South Soil Grid Extension

About the Property
The Darlin Property consists of 37 mining claims covering approximately 2,133 hectares area located in Darlin and Chabert townships, approximately 80 kilometers southwest of the town of Valdor. The Property is located in an active hard rock lithium pegmatite area. There are several historical and currently active lithium and molybdenum prospects/mines in the Abitibi region. In 2022, the Company completed a work program which included airborne and ground geophysical surveys, soil and rock sampling, and diamond drilling.

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
778-837-7191

Photos accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0e6fd722-2309-45b8-a7ab-8be7b051bc58

https://www.globenewswire.com/NewsRoom/AttachmentNg/cbfeda27-da65-4af2-9ad8-33c842a3cb11


FAQ

What is the current status of Medaro Mining's exploration work on the Darlin lithium property?

Medaro Mining has commenced Phase 2 exploration work on its Darlin lithium property in Quebec, extending the 2022 soil grid to identify new lithium targets for trenching and drilling.

What were the results of Medaro Mining's Phase 1 exploration on the Darlin property?

Phase 1 work completed by Medaro in 2022 identified lithium anomalies indicating a trend extending to the east and northern part of the Darlin property.

Where is Medaro Mining's Darlin lithium property located?

The Darlin lithium property is located in Val-d'Or, Quebec, Canada.

What is the objective of Medaro Mining's current soil survey on the Darlin property?

The objective of the soil survey is to identify new lithium targets for follow-up trenching and drilling on the Darlin property.

How will samples from Medaro Mining's Darlin property exploration be analyzed?

Samples will be delivered to Activation Laboratories in Ancaster, Ontario for preparation and analysis using the Ultratrace 7 code.

MEDARO MINING CORP

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