On September 19, 2024, at 9:00 AM EDT, Medaro Mining Corp. (CSE: MEDA) (OTC Pink: MEDAF) (FSE: 1ZY), based in Vancouver, British Columbia, announced the initiation of a diamond drilling program on the Lac La Motte lithium property in Val-d’Or, Quebec, Canada. The Company has contracted Forage Pelletier Ltd. of Chapais, Quebec, to conduct the program, which is scheduled to include 1,000 to 1,500 meters of NQ size diamond drilling. Depending on funding availability, Medaro may expand the scope of the program.
In 2023, Medaro conducted a Satellite Imaging Technology (SIT) survey on the Property, identifying potential lithium exploration targets along fault contact zones running in a North/South direction. This survey aimed to pinpoint the source of a spodumene-bearing pegmatite boulder discovered on the Property in 2023. A subsequent reconnaissance sampling program conducted in May 2024 further refined the selection of drilling targets for the Program.
Drill core samples from the Program will be transported to a core shack in St-Dominique du Rosaire for logging, preparation, and storage. Quality control measures, including field duplicates, standards, and blanks will be implemented. Samples will be sent to Activation Laboratories Ltd. (ACTLABS) in Ancaster, Ontario, for preparation and analyses. Afzaal Pirzada, P.Geo., a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information in this release.
Medaro’s CEO, Michael Mulberry, expressed enthusiasm for the drilling program, emphasizing the strong drill targets identified through prior exploration work on the Property. He highlighted the Val-d’Or region’s mineral-rich reputation and the company’s optimistic outlook on future opportunities.
Medaro Mining Corp. is an exploration company with lithium and uranium properties in Quebec and Saskatchewan. The company is also involved in a joint venture for lithium extraction from spodumene concentrate. For more information, investors can refer to the Company’s filings available at www.sedarplus.ca.
This press release contains forward-looking statements, subject to risks and uncertainties. Readers are advised to consider these factors and refrain from placing undue reliance on such statements. The information in this release is current as of the date of publication, with the Company not obligated to update it unless required by applicable securities laws.
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