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Medaro Mining Sampled up to 2.58% Lithium Oxide and Provides Drill Program Update on Lac La Motte Lithium Property in Quebec


VANCOUVER, British Columbia, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA) (OTC: MEDAF) (FWB: 1ZY) ("Medaro" or the "Company"), a multi-faceted venture aimed at developing innovative spodumene processing technology concurrent with its lithium focused exploration in Canada, is pleased to announce that it has received results of cut surface samples from exploration fieldwork program (the "Program") on its Lac La Motte Lithium Property (the "Property") located in Val D'Or, Quebec, Canada. The work was completed during the months of May-June 2022 and included prospecting, mapping and sampling of known lithium showings and other areas on the Property. The scope of work was to confirm the historical lithium occurrences and drill holes documented for this area, and to find targets for the current exploratory drill program.

Assay Highlights

Figure 1: Highlights of surface samples locations and assays

Lac La Motte 2022 Drill Program Update
Medaro has contracted Forage Hebert Inc. (Herbert) to drill a series of NQ size diamond drill holes on lithium targets and showings on the Property. The contract is for a minimum of 1,000 meters to a maximum of 3,000 meters (see news release June 13, 2022). To date a total of 17 NQ size core drill holes have been completed on the Property with a cumulative drilling of 2,408 meters. The focus of the drill program is a 500 m long pegmatite trend partially exposed at surface with widths in the range of 0.5 to 2 meters. Several drill holes in the current work program intercepted lithium pegmatite zones.

A core shack located about 40 kilometers from the Property is used for drill core logging, sample preparation and storage. The drill core is being logged and sampled at the core shack using a rock saw. The drill core samples are being shipped to Activation Laboratories in Ontario, results are pending and will be announced once received.

Table 1: Surface samples details

Analyte SymbolLocation NAD 1983 Zone 17





LiLi2O
Unit Symbol%%
Detection Limit0.01 
Analysis MethodFUS-Na2O2FUS-Na2O3
1160501U 717943m E 5362622m N< 0.01ND
1160502U 717944 5362647< 0.01ND
1160503U 717943 5362661< 0.01ND
1160504U 717895 5362653< 0.01ND
1160505U 717889 53626650.010.02
1160506U 717888 5362663< 0.01ND
1160507U 717846 53627150.020.04
1160508U 720516 53622710.250.54
1160509U 720513 53622780.611.31
1160510U 720512 53622781.22.58
1160511U 720517 53622781.042.24
1160512U 720398 5362218< 0.01ND
1160513U 720655 53619320.020.04
1160514U 720650 53619471.172.52
1160515U 717887 53626190.010.02
1160516U 717894 5362658< 0.01ND
1160517U 717888 5362656< 0.01ND
1160518U 717853 5362727< 0.01ND
1160519U 720578 5362210< 0.01ND
1160520U 720579 5362207< 0.01ND
1160521U 720581 53622050.290.62
1160522U 720579 53622070.781.68
1160523U 720581 53622050.410.88

*ND ? Not Detected

Surface Sampling and Analytical Procedure
Each surface sample from this work represents about 30cm long, 5 cm wide and 3-5 cm deep cut in bedrock. The samples were bagged and tagged using best practices and were delivered to Activation Laboratories ("ACTLABS"), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 as summarized below. ACTLABS is an independent commercial, accredited ISO Certified Laboratory.
Code Ultratrace 7 ? Peroxide Fusion ? ICP and ICP/MS

Samples are fused with sodium peroxide in a Zirconium crucible. The fused sample is acidified with concentrated nitric and hydrochloric acids. The resulting solutions are diluted and then measured by ICP-OES and ICP-MS. All metals are solubilized.

ICP-MS
Fused samples are diluted and analyzed by Agilent 7900 ICP-MS. Calibration is performed using five synthetic calibration standards. A set of (10-20) fused certified reference material is run with every batch of samples for calibration and quality control. Fused duplicates are run every 10 samples.

ICP-OES
Samples are analyzed with a minimum of 10 certified reference materials for the required analytes, all prepared by sodium peroxide fusion. Every 10th sample is prepared and analyzed in duplicate; a blank is prepared every 30 samples and analyzed. Samples are analyzed using a Varian 735ES ICP and internal standards are used as part of the standard operating procedure.

Source: https://actlabs.com/geochemistry/lithogeochemistry-and-whole-rock-analysis/peroxide-total-fusion/

Qualified Person
Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and 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.

About Lac La Motte Lithium Property
The Lac La Motte Property is located in the prolific mining area of Abitibi, Quebec, 40 kilometers Northwest of the city of Val-d'Or. There are several active lithium prospects/mines located approximately 5 km to 20 km from the Property. These projects / prospects are at various stages of exploration and development of which Mine Quebec Lithium is the most advanced project followed by Authier lithium project. Historical Diamond Drilling in the 1950s' on the Property has yielded results of over 1% lithium oxide in drill holes. 

ON BEHALF OF THE BOARD OF DIRECTORS
Michael R. Mulberry
CEO and Director

About Medaro Mining Corp. (CSE: MEDA) (OTC: MEDAF) (FWB: 1ZY)
Medaro Mining is a lithium exploration company based in Vancouver, BC, which holds options on the Superb Lake lithium property located in Thunder Bay, Ontario, the Cyr South lithium property located in James Bay, Quebec and the Yurchison uranium property in Northern Saskatchewan. The Company is also involved in the development and commercialization of a new process to extract lithium from spodumene concentrate through its Global Lithium Extraction Technologies joint venture. Find out more at: https://medaromining.com/.

For detailed information, investors are invited to review the Company's filings available at www.sedar.com.

FOR FURTHER INFORMATION CONTACT:
Investor Relations
Email: info@medaromining.com
Phone: 604-800-0203
Web: https://medaromining.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 respecting the Agreement, the cash payments, the issuance of shares, the exploration expenditure, and the Bonus 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.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fc3be5b2-2a9e-46a0-a95a-87c165a6afc4

 



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