On October 8, 2024, in Vancouver, British Columbia, Medaro Mining Corp (CSE: MEDA) announced its upcoming exploration plans for the Yurchison Uranium property in Saskatchewan. The winter program is set to begin within the next 45 days and will involve geological prospecting, mapping, and sampling of various rock types on the property. Ground radiometric surveying will be conducted using handheld gamma-ray spectrometers and scintillometers to aid in the exploration process.
The main objectives of the field program are to identify the host-rock and structural control of known radioactive mineral occurrences, investigate the surficial expression of VTEM conductors, and potentially discover new zones of uranium mineralization. The Yurchison property is located near the Athabasca Basin, approximately 95 km south of Rabbit Lake and McClean Lake uranium mines. Access to the property is primarily through Highway 905, with helicopter support for exploration in other areas.
CEO Michael Mulberry expressed enthusiasm for the exploration program, noting the potential for expanding on previous discoveries and unlocking the full potential of the Yurchison Lake project. The company is optimistic about the opportunities in the mineral-rich Athabasca Basin region.
Afzaal Pirzada, P.Geo., a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information in the news release. Medaro Mining Corp is an exploration company based in Vancouver and holds options over several lithium and uranium properties in Canada. For more information, investors can refer to the company’s filings on sedar.com.
The news release also contains forward-looking statements regarding the exploration program and future performance. Readers are advised to consider the risks and uncertainties outlined in the company’s regulatory filings. The company does not undertake to update forward-looking statements unless required by securities laws.
For more details, the original press release can be found at the source link: https://www.newsfilecorp.com/release/225886.
