Aankondiging • Apr 30
Medaro Mining Corp. (CNSX:MEDA) entered into a mineral property purchase agreement to acquire Bäckegruvan nr 1 located in Skinnskatteberg Municipality, Västmanland County for CAD 0.20 million. Medaro Mining Corp. (CNSX:MEDA) entered into a mineral property purchase agreement to acquire Bäckegruvan nr 1 located in Skinnskatteberg Municipality, Västmanland County for CAD 0.20 million on April 28, 2026. Under the terms of the agreement, Medaro Mining will pay CAD 0.05 million in cash and issue CAD 0.15 million worth of common shares to the vendor upon closing. Additionally, the vendor will retain a net smelter returns royalty (NSR) over the property, comprising a 1.5% NSR applicable to certain portions of the Property and a 0.5% NSR applicable to certain other portions of the property.
The transaction is subject to acceptance by the Canadian Securities Exchange and applicable Swedish regulatory approvals. Aankondiging • Apr 01
Medaro Mining Corp., Annual General Meeting, Jun 09, 2026 Medaro Mining Corp., Annual General Meeting, Jun 09, 2026. Aankondiging • Jan 27
Medaro Mining Corp. announced that it expects to receive CAD 1.25 million in funding Medaro Mining Corp. announced a non-brokered private placement to issue 3,333,333 units at an issue price of CAD 0.30 for gross proceeds of CAD 999,999.9 and 657,894 flow-through units at an issue price of CAD 0.38 for gross proceeds of CAD 249,999.72 for aggregate proceeds of CAD 1,249,999.62 on January 27, 2026. Each unit is to be comprised of one common share and one common share purchase warrant, with each warrant exercisable into one common share at a price of CAD 0.45 per share for a period of 24 months from the date of issuance. Each FT unit is to be comprised of one common share to be issued on a flow-through basis and one common share purchase warrant exercisable into one non-flow-through common share at a price of CAD 0.55 per share for a period of 24 months from the date of issuance. The company may pay finder's fees in connection with the private placement. All securities to be issued under the private placement will be subject to a four month hold period in accordance with applicable Canadian securities laws and the policies of the Canadian securities exchange. Completion of the private placement is subject to certain conditions including the receipt of all necessary approvals, including the approval of the CSE. Aankondiging • Jan 19
Medaro Mining Corp. Appoints Scott Eldridge to its Advisory Board Medaro Mining Corp. has appointed Scott Eldridge to its advisory board. Scott Eldridge brings 17 years of experience in the metals and mining industry focused on capital markets, having served in various buy-side, sell-side and issuer roles. Scott Eldridge was a co-founder of Euroscandic International Group, an advisory firm where he raised an aggregate of approximately $350 Million of combined equity and non-equity for companies in the mining industry. Scott Eldridge also served as CFO of Amarillo Gold prior to its takeover by Hochschild Mining. Scott Eldridge is currently a director of Nevada Lithium Resources, a company developing one of the largest lithium deposits in North America. He is also a founder of Patriot Critical Minerals, a company that owns the United States largest tungsten deposit. He currently serves as a Director and CEO of Military Metals, a company focused on antimony with a portfolio of projects in the US, Canada and Slovakia, being the EU's largest antimony deposit. He is also a director of United Lithium, a company holding uranium, rare earth and lithium projects in Sweden and Finland. Scott Eldridge holds a Bachelor of Business Administration degree and a Master's of Business Administration. Aankondiging • Jan 07
Medaro Mining Corp. announced that it has received CAD 0.52399 million in funding On January 7, 2026, Medaro Mining Corp. closed the transaction. The transaction includes participation from new investor, Treewalk Ventures Inc., a consulting company controlled by McAulay. In connection with the offering, the company paid an aggregate CAD 2,940 in cash finders' fees and issued 21,000 finder warrants to Research Capital Corporation and paid an aggregate CAD 3,430 in cash finders' fees and issued 24,500 finder warrants to Ventum Financial Corp. Aankondiging • Nov 27
Medaro Mining Corp. announced that it has received CAD 0.253 million in funding On November 26, 2025, Medaro Mining Corp. closed the transaction. The company issued 900,000 common shares at an issue price of CAD 0.08 for gross proceeds of CAD 72,000 in its second and final tranche. The company issued 3,162,500 shares at an issue price of CAD 0.08 for gross proceeds of CAD 253,000 in the offering. All securities issued in connection with the offering are subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws. No finder's fees were paid in connection with the offering. Aankondiging • Oct 31
Medaro Mining Corp. announced that it expects to receive CAD 0.325 million in funding Medaro Mining Corp. announced a non-brokered private placement offering of up to 4,062,500 common shares of the company at a price of CAD 0.08 per share for gross proceeds of up to CAD 325,000 on October 30, 2025. The company may pay finders' fees to eligible finders in connection with the private placement in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. All securities issued in connection with the private placement will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation in Canada. The private placement is subject to all necessary corporate and regulatory approvals. Aankondiging • Jun 26
Omega Gold Corp. entered into a non-binding letter of intent to acquire Medaro Mining Corp. (CNSX:MEDA) in a reverse merger transaction. Omega Gold Corp. entered into a non-binding letter of intent to acquire Medaro Mining Corp. (CNSX:MEDA) in a reverse merger transaction on June 23, 2025. Closing of the Transaction is subject to a number of conditions, including but not limited to satisfactory due diligence investigations, the negotiation and execution of the Definitive Agreement and receipt of all required shareholder, regulatory and third-party approvals and consents, including that of the CSE. Aankondiging • Jun 25
Medaro Mining Corp. announced that it expects to receive CAD 0.1 million in funding Medaro Mining Corp. announced a private placement of no less than 1,000,000 units at an issue price of CAD 0.10 per unit for gross proceeds of CAD 100,000 on June 24, 2025. Each unit to be composed of one common share and one common share purchase warrant, each warrant to be exercisable into one common share at CAD 0.20 per share for three years from the date on which company's shares resume trading following the transaction. Subject to CSE approval, The company and Omega may pay commissions on proceeds raised commensurate with industry norms. New Risk • May 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 77% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Market cap is less than US$10m (CA$802.5k market cap, or US$574.0k). Aankondiging • Mar 05
Medaro Mining Corp., Annual General Meeting, Apr 23, 2025 Medaro Mining Corp., Annual General Meeting, Apr 23, 2025. Location: british columbia, vancouver Canada Aankondiging • Oct 09
Medaro Mining Corp. Announces Exploration Plans for Its Yurchison Uranium Property Medaro Mining Corp. announced its exploration plans for a winter program at its Yurchison Uranium property located in Saskatchewan. The program is anticipated to commence within the next 45 days. Geological prospecting, mapping, and sampling of the various rock types located on the property will be aided by ground radiometric surveying using handheld gamma-ray spectrometers and scintillometers. The primary goals of the field program will be to determine the hose-rock and/or structural control of previous identified radioactive mineral occurrences, explain the surficial expression (if any) of the VTEM conductors, and ultimately locate additional zones of uranium mineralization and/or radioactivity along prospective zones. The Yurchison property lies approximately 95 km south of Rabbit Lake and McClean Lake uranium mines, along the southeastern boundary of the Athabasca Basin. The Yurchison project area is accessible via Highway 905, an all-weather highway that runs through the middle of the Property. Access to the south-west and north-east areas of the Property would be accomplished with a helicopter. Aankondiging • Dec 02
Medaro Mining Corp. Completes 2023 Exploration Work with Cyr South Drill Program Core Logging and Sampling At the Darlin Lithium Property in Quebec Medaro Mining Corp. announced the successful completion of its 2023 exploration work at the 100% owned CYR South and Darlin lithium property located in, Quebec, Canada. The exploration program included 11 drill holes at CYR and prospecting, mapping, and sampling at two claim blocks on the Darlin property. The focus of the current work program at Darlin was the extension of the 2022 soil grid to the east and north in the northern claim block and the implementation of a systematic prospecting and geological mapping program in the southern claim block. CYR South Core Logging Update. Further to the Company's news release dated September 28, 2023, regarding completion of 11 drill holes program at the CYR South lithium property in James Bay, Quebec, the drill core was moved to a core logging and sampling facility located in St-Dominique du Rosaire village, approximately 540 kilometers from the Property for logging and sampling. The drill core samples collected underwent initial field testing in the core shack with a handheld Laser-Induced Breakdown Spectroscopy (LIBS) instrument before selected core samples being submitted to an independent laboratory for assaying. LIBS is a rapid, portable, in situ atomic spectroscopy technique used to measure the concentration of major and trace elements, including lithium. While assay results are pending, preliminary LIBS testing for drill holes is highlighted below: Drill Hole CYRS-23-01: Several intersections show anomalous lithium values in the range of 100ppm - 7,572ppm. Drill Hole CYRS-23 -04: Several intersections show anomalous electric values in the range of 100 ppm - 6,615 ppm. Darlin Program Highlights: The soil samples geochemical survey map reveals a substantial lithium anomalous area covering approximately 200m x 500m in the eastern part of the grid, with a smaller trend in the western part. Isolated anomalous spots of lithium have also been identified, prompting further investigation. The correlation between rubidium trends and lithium anomalies is evident, adding an additional layer of significance. Furthermore, a niobium and tantalum anomalous zone was identified in the southwest of the grid. In the Darlin South block, the work program was enhanced to include a systematic prospecting, geological mapping, and sampling initiative covering the entire claim block. A total of 93 rock samples were collected during this phase. Numerous pegmatite outcrops were discovered and sampled, showcasing the potential for further exploration. Additionally, preliminary indications of Holmquistite, a lithium amphibole mineral, have been noted, warranting further in-depth study. Medaro Mining Corp. remains dedicated to the responsible and sustainable development of its mineral assets, contributing to the growth of the mining sector in Canada. 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. The Darlin Property consists of 37 mining claims covering approximately 2,133 hectares area located in Darlin and Chaberthips, 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 2022-23, the Company completed a work program which included airborne and ground geophysical surveys, soil and rock sampling, and diamond drilling. New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (CA$6.69m market cap, or US$4.90m). Minor Risk Shareholders have been diluted in the past year (49% increase in shares outstanding). Aankondiging • Sep 29
Medaro Mining Corp. Announces Successful Completion of Diamond Drill Program at CYR South Lithium Property Medaro Mining Corp. announce the successful culmination of its diamond drilling program at the CYR South Lithium Property, located in the renowned landscapes of James Bay, Quebec, Canada. This achievement marks a momentous stride in ongoing exploration endeavors within this highly promising region. Over the past month, the Company has collaborated with Forage Pelletier Drilling of Chapais, Quebec, to execute an intricately planned drilling program (the, “Program”). This Program involved a total of eleven NQ size drill holes, covering 1,745 meters (m) of NQ size diamond drilling. The selection of drill hole locations was underpinned by extensive groundwork conducted in 2022, during which the company identified several pegmatites with varying widths and lithologies. These pegmatites served as vital indicators, guiding the placement of drill holes. Initial drill hole logging information has confirmed the continuation of surface pegmatites at depths, with intercepted widths ranging from 1 to 95 m. To optimize chances of success in this exploratory venture, four of these drill holes were strategically positioned on or near the Satellite Imaging Targets (SIT). This data-driven approach underscores commitment to enhancing the efficiency and effectiveness of exploration activities. Medaro Mining remains steadfast in its dedication to unlocking the exploration potential of the CYR South Lithium Property. Aankondiging • Aug 25
Medaro Mining Completes 2023 Exploration Work on the Rapide Lithium Property in Quebec Medaro Mining Corp. announced successful completion of the 2023 exploration fieldwork program (the "Program") on the Rapide Lithium Property (the "Property") located in Val-d'Or, Quebec, Canada. The focal point of the 2023 work program was to build upon the discoveries made in the previous year's soil anomalies by expanding the soil grid northward and establishing two additional soil grids in both the northern and southern sectors of the Property. This well-planned strategy is geared towards achieving comprehensive coverage and unlocking deeper insights for exploration endeavors. dedicated team meticulously collected a total of 822 soil samples, which were then dispatched to Activation Laboratories (ACTLABS) in Ancaster, Ontario for thorough sample preparation and analysis. Beyond the expansion of the soil grid, fieldwork encompassed a range of activities such as prospecting, mapping, and rock chip sampling. The primary aim of these efforts was to thoroughly investigate the potential pegmatites that were found exposed during the soil sampling. Through diligent work, collected a total of 34 rock chip samples, each contributing to growing knowledge base. The dedication of field crew has been integral to the success of this phase. Medaro Mining Corp. remains dedicated to advancing the exploration and development of the Rapide Lithium Property, with an unwavering commitment to responsible and sustainable mining practices. The soil samples were taken at predetermined station IDs using a Garmin GPS to obtain ~ 3-meter accuracy where approximately 500 grams of material were selected when a B- soil horizon was present. All the samples were collected and tagged using best practices and were delivered to Activation Laboratories ("ACTLABS"), Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2).ACTLABS is an independent commercial, accredited ISO Certified Laboratory. 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. Aankondiging • Jul 21
Medaro Mining Commences 2023 Exploration Work on the Rapide Lithium Property, Completes Work on Darlin Property, in Quebec Medaro Mining Corp. announced the launch of its 2023 exploration fieldwork program on the Rapide Lithium 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. 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. 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 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. Aankondiging • Jun 15
Medaro Mining Corp. to Explore Extension of Its Spodumene Processing Technology to Include Production of Lithium Metal Medaro Mining Corp. has launched an initiative to extract lithium from spodumene concentrates for the express purpose of producing lithium metal. The prime motivation behind the new work is the recognition that, in the lithium battery industry, there is a growing trend toward solid-state lithium batteries as an alternative to lithium-ion batteries--and in the development of solid- state lithium batteries an option under intense investigation is the use of a lithium metal anode to increase battery energy density, accelerate charging rates, and extend battery life. These enhancements, if realized at commercial scales, would result in longer EV driving ranges and less time required for battery recharging. Moreover, longer battery-pack lifespans would lower maintenance costs, and also reduce the frequency of battery-pack replacements, further enhancing the benefits of EV ownership. In the EV battery industry, some experts--e.g., Zhang et al (2020)(1) - now believe that demand for high-purity metallic lithium will accelerate rapidly in coming years, an occurrence that would create the need to increase the global production of lithium metal from what it is currently, just a few thousand tonnes/yr, to what it would have to become to meet the heightened demand, nearly one million tonnes/yr. At the same time, to facilitate this anticipated dramatic change, it would be important to lower the costs of manufacturing lithium metal. It has already been shown that the Medaro spodumene processing technology is highly effective at extracting lithium from spodumene and subsequently converting it to high-purity lithium carbonate. In addition, it has long been known that lithium carbonate can be processed to produce lithium hydroxide monohydrate, at scale, using one of several different proven methods. Therefore, if Medaro is successful in expanding its spodumene processing procedures to include the option of forming lithium metal, this would create a single "technological umbrella" under which lithium sourced from spodumene concentrate could be used to manufacture any desired proportion of lithium carbonate, lithium hydroxide monohydrate, and lithium metal. Aankondiging • Jun 08
Medaro Mining Commences Phase 2 Exploration Work on the Darlin Lithium Property in Quebec Medaro Mining Corp. announced 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 and in the east-west direction in the southern claim block. The objective of the soil survey is to identify new lithium targets for follow-up trenching and drilling. 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. 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. Aankondiging • May 18
Medaro Mining Corp. (CNSX:MEDA) entered into a share purchase agreement to acquire James Bay Pontax Lithium Project in Quebec, Canada for CAD 0.1 million. Medaro Mining Corp. (CNSX:MEDA) entered into a share purchase agreement to acquire James Bay Pontax Lithium Project in Quebec, Canada for CAD 0.1 million on May 17, 2023. Pursuant to the SPA, Medaro has agreed to acquire 100% of James Bay Pontax Lithium Project in exchange for (i) 1,200,000 common shares in the capital of Medaro (ii) a cash payment of CAD 7,500 and (iii) a commitment to incur CAD 150,000 in exploration expenditures over the twelve months following closing. The Consideration Shares will be subject to resale restrictions, contemplating release in three equal tranches every four months following the closing date of the acquisition. The Company will also pay a bonus of CAD 150,000 to the vendors of the Target if, in carrying out exploration on the Project, the Company intersects five intercepts of spodumene-bearing pegmatite dykes grading a minimum of 1.20% Li2O over a minimum of 1.5 meters. Upon closing, Medaro’s total Quebec portfolio will hold 234 claims covering approximately 13,087 hectares Aankondiging • Feb 16
Medaro Mining Corp. Intersects 1.49% Lithium Oxide Over 1.33 Metres at the Lac La Motte Lithium Property in Quebec, Canada Medaro Mining Corp. announced the results of its 2022 diamond drilling program on its Lac La Motte Lithium Property located in Quebec, Canada. The drilling was contracted to Forage Hebert Inc. of Amos, Quebec, who completed 19 NQ size core drill holes for cumulative drilling of 2,513 metres. The results of the drill holes show pegmatites of various widths and lithium (Li) grades. All intersections reported are based on drilled widths and have not been converted to the true width. The drill core from this program was logged and sampled at the core shack located about 50km from the Property in the village of St-Dominique du Rosaire. The samples were bagged and tagged using best practices and were delivered to Activation Laboratories, Ancaster, Ontario for sample preparation and analyses using laboratories code Ultratrace 7 and sodium peroxide fusion (Na2O2). ACTLABS is an independent commercial, accredited ISO Certified Laboratory. The pegmatites encountered within the significant drill intercepts correlate strongly with the historical diamond drilling completed on the Property in the 1950s’. The Company commenced a ground prospecting and sampling program immediately upon acquiring the Lac La Motte Property in May 2022. The field prospecting program identified and confirmed various lithium pegmatite outcrops on the Property. The field prospecting was the basis for deciding on the targets for the 2022 drill program. The Company will use the information acquired from the 2022 drill program to plan a follow up drill program at the Property in 2023. Aankondiging • Feb 03
Medaro Mining Corp. Announces Results of Soil and Rock Samples from Their 2022 Exploration Work on the Cyr South Lithium Property Medaro Mining Corp. announced the results of soil and rock samples from their 2022 exploration work on the CYR South Lithium Property (“CYR” or the “Property”) located in the James Bay Region of northern Quebec. The results indicate higher than expected lithium values in several pegmatites sampled across the Property. These pegmatites zones also show concurrent lithium anomalies in soil samples and will be further explored through trenching and drilling. Anomalous values of other rare metals, such as beryllium, cesium, niobium and tantalum, were also found in the soil and rock samples. The summer 2022 work program was comprised of soil and rock sampling and geological mapping, aimed at identifying a group of pegmatites for their potential to host lithium mineralization. A total of 600 soil samples and 18 rock samples were collected as part of the work program. 42.58-line kilometres of ground magnetic and VLF geophysical survey was also completed as part of this work program. The results of rock and soil samples are reported in this news release and the ground geophysical survey will be reported separately. Rock Samples: Rock samples assays show lithium values in the range of less than 15 parts per million (ppm) to 1,480 ppm with five pegmatites sampled for higher lithium and require a follow up work of trenching and drilling. Beryllium (Be) values are in the range of 6 ppm to over 5,000 ppm (above the laboratory’s detection limit) with six samples showing over 5,000 ppm. Cesium values are in the range of 6 ppm to 1770 ppm, and rubidium (Rb) in the range of 3.2 ppm to 285 ppm. Soil Samples: Lithium values are in the range of less than 15 ppm to 73 ppm. A cluster of anomalies in the middle of the Property is considered as a high value target for trenching and exploratory drilling. Cesium values are in the range of 0.3 ppm to 26.6 ppm. Niobium is from less than 2.4 ppm to 24.3 ppm and tantalum is 0.3 ppm to 21.2 ppm. Rubidium is in the range of 3.1 ppm to 127 ppm. Several samples with higher cesium, niobium, tantalum and rubidium values are concurrent with lithium anomalies. The Company expects to advance the next stage of its exploration work based off the new information gained from the soil and rock sample program at the Property. The basis for beginning this preliminary surface exploration work at CYR is to identify new pegmatites across the Property in order to help establish targets for a potential, future diamond drill program. CYR is one of four Quebec properties within the Medaro portfolio and all are in close proximity to each other which provides cost savings when conducting multiple drill programs by sharing camps, core shack, and other equipment. The Company will provide an update to the viability and timeline for a future drill program once the completed ground geophysical survey results have been fully analyzed and reported. Aankondiging • Dec 24
Medaro Mining Corp. Completes Phase 1 Exploration Work on the Rapide Lithium Property in Quebec Medaro Mining Corp. announced the completion of their Phase 1 exploration fieldwork program on its Rapide Lithium Property located near Val-d’Or, Quebec, Canada. The work included airborne and ground geophysical surveys, soil and rock sampling, and diamond drilling. The Program was comprised of soil and rock sampling and geological mapping, aimed at sampling, mapping and identifying a group of pegmatites for their potential to host lithium mineralization. 30-line kilometres of ground magnetic and VLF geophysical surveys were also completed as part of this work program. A high-resolution helicopter borne magnetic geophysical survey was also flown on the Property, in combination with Medaro’s Darlin property, which will be reported separately in detail. A total of thirteen diamond drill holes were drilled with a cumulative drilling of 2,805 metres NQ size core. Drilling work was contracted to Forage Hebert Inc. Drilling of Amos, Quebec. The drill holes intersected several pegmatites with varying widths and lithologies. These pegmatites were mapped during a concurrent ground prospecting and sampling program. All exploration data is being compiled and will be reported as soon as available. All rock, soil and drill core 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. Drill core was logged and sampled at a core shack facility located in St-Dominique du Rosaire. Aankondiging • Dec 08
Medaro Mining Corp. Continues Progress in Quebec with the Completion of Work Program on its Darlin Lithium Property Medaro Mining Corp. announced the completion of Phase 1 exploration fieldwork program (the “Program”) on its Darlin Lithium Property (the “Property”) located in Val-d’Or, Quebec, Canada. The work included airborne and ground geophysical surveys, soil and rock sampling, and diamond drilling. The Program was comprised of soil and rock sampling and geological mapping, aimed at sampling, mapping and identifying a group of pegmatites for their potential to host lithium mineralization. 21.83-line kilometres of ground magnetic and VLF geophysical survey was also completed as part of this work program. A high-resolution helicopter borne magnetic geophysical survey was also flown on combined Darlin and Rapide properties claims which will be reported separately in detail. A total of eight diamond drill holes were drilled with a cumulative drilling of 1,286 metres NQ size core, out which two holes were abandoned at shallow depths of 27m and 33m respectively due to difficult ground conditions. The drill holes intersected several pegmatites with varying widths and lithologies. All exploration data is being compiled and will be reported as soon as available. All rock, soil and drill core 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. Drill core was logged and sampled at a core shack facility located in St-Dominique du Rosaire. Aankondiging • Nov 23
Medaro Mining Corp. announced that it has received CAD 3.996979 million in funding On November 22, 2022, Medaro Mining Corp. closed the transaction. The company has issued 16,080,078 flow-through units CAD 0.18 per unit for gross proceeds of up to CAD 2,894,414 and 7,350,433 non-flow- through units at an issue price of CAD 0.15 per unit for gross proceeds of up to CAD 1,102,565 for aggregate proceeds of CAD 3,996,979 in the transaction. In conjunction with the financing, an aggregate of CAD 210,806 in finder's fees and 1,194,829 non-transferable finder warrants were paid to finders. Each finder's warrant is exercisable into one common share at a price of CAD 0.30 for a period of twenty-four months from the date of issuance. Aankondiging • Oct 22
Medaro Mining Corp. announced that it expects to receive CAD 4 million in funding Medaro Mining Corp. announced a non-brokered private placement of up to 16,666,667 flow-through units CAD 0.18 per unit for gross proceeds of up to CAD 3,000,000 and up to 6,666,667 non-flow- through units at an issue price of CAD 0.15 per unit for gross proceeds of up to CAD 1,000,000 for aggregate proceeds of CAD 4,000,000 on October 21, 2022. Each flow-through unit will be composed of one common share, issued on a flow-through basis pursuant the Income Tax Act (Canada), and one-half of one common share purchase warrant. Each whole warrant will be exercisable at CAD 0.30 per share for two years from issuance. Each non- flow-through unit will be composed of one common share and one-half of one warrant. The Company may pay finder's fees to eligible parties who introduce subscribers to the Offering. All securities issued in connection with the Offering will be subject to a four-month and one-day statutory hold period in accordance with applicable securities laws. Aankondiging • Oct 12
Medaro Mining Identifies More Lithium Exploration Targets from Soil Sampling At the Superb Lake Lithium Property in NW Ontario Medaro Mining Corp. announced that it has received results of soil sampling from Phase 2 exploration fieldwork program (the "Program") on its Superb Lake Lithium Property (the "Property") located in Northwestern Ontario, Canada. The soil geochemical survey was conducted along three separate lines and a total of 161 soil samples were collected in June 2022. Results Highlights: The Line e 1 is oriented in a north-south direction with approximate length of 1500 mers. There are e six lithium anomalies (magenta circles on maps) out of which two anomalies are single point, three are 2-3 point, while the third which is a wider anomaly is located in the lower half of the line. The Line 2 is oriented in an east-west direction and is approximately 2,500 m long. There are three single point anomalies on this line. The Line 3 is the longest one oriented in northeast-southwest direction with approximate length of 4,000 meters. There is only one single point anomaly located on this line. There are several second priority anomalies which will also be explored further if the follow up work on the first priority anomalies is successful. The results show that the north-south orientation of the soil survey is the best representation of the Property geology and structures with a dominant east-west direction. This observation also coincides with the Phase 1 soil sampling results which indicated a trend of lithium anomalies along Superb Lake pegmatites in a roughly northwest-southeast direction. These anomalies show a potential for discovery of more pegmatites on the Property through stripping, trenching and shallow test holes. Sampling Procedure Soil sampling was carried out by establishingoil grids along three separate lines and collelecting a total of 161 soil samples. The samples were taken every 50 metres or more depending upon the surface conditions. Soil samples were collected at predetermined station IDs using a Garmin GPS to obtain 3 meter accuracy where >500 grams of material were selected when a B-soil horizon was present, using a soil auger. The soil samples were dried at room temperature prior to shipping to the labs for analysis. Trenching and Shallow Drilling Update The Company has started a program of trenching and shallow drilling with Winkie Drill. The field crew is currently working on the access trails to the Superb Lake pegmatite and the Phase 1 soil anomalies locations. The Trenching and shallow drilling will commence as soon as the trails are completed. Sample location and lithium assay maps Sample Preparation and Analysis The soil samples were prepared and analyzed at ACTLABS Ancaster, Ontario using laboratories code 7- Mobile Ion Geochemistry which is summarized below. ACTLABS is an independent commercial, accredited ISO 17025 Certified Laboratory. Mobile Ion Geochemistry - isolates the chemically active metal ions which were loosely adsorbed to soil particles. This is a weak leach that uses a solution of organic and inorganic compounds to extract target elements. The solutions are analyzed on an ICP-MS. One matrix blank is analyzed per 49 samples. Two controls are run at the beginning and end of the group of 49 samples. Duplicate samples are leached and run every 10 samples. Code 7 Mobile Ion Geochemistry (MIG) Elements and Detection Limits are in parts per billion (ppb). Aankondiging • Sep 09
Medaro Mining Commences Airborne Geophysical Survey at Yurchison Uranium Property, Saskatchewan Medaro Mining announced that it has commenced an airborne geophysical survey at its Yurichson Uranium Property in Saskatchewan. Medaro has contracted Terraquest Ltd. of Markham, Ontario to complete a helicopter-borne aeromagnetic, horizontal gradiometric, radiometric, and VLF-EM surveys on the Property. A total of 7,117 line-kilometers of survey is being completed at 50 m line spacing using a helicopter. The survey crew is based at KM147 Lamp Lighters Lodge, Saskatchewan, which is located near the Yurichson Property. The survey is expected to be completed over the next few weeks. Medaro will provide an update on the results of the survey as soon as available. Aankondiging • Aug 27
Medaro Mining Corp., Annual General Meeting, Oct 25, 2022 Medaro Mining Corp., Annual General Meeting, Oct 25, 2022. Aankondiging • Aug 24
Medaro Mining Corp. Mining Sampled Up to 2.58% Lithium Oxide and Provides Drill Program Update on Lac La Motte Lithium Property in Quebec Medaro Mining Corp. announced that it has received results of cut surface samples from exploration fieldwork program on its Lac La Motte Lithium 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. 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 . 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. 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. Aankondiging • Jul 28
Medaro Mining Corp. Provides Update on Technology Development and Field Exploration Programs Medaro Mining Corp. provided and updated on its Double Closed-Loop Chemical Process for Recovering Lithium, Aluminum and Silica from a Calcined Spodumene Concentrate, and 2022 exploration program. The development of their technology process for Lithium extraction from Spodumene continues to evolve at a rapid pace. Most of the testing has been completed and they are now focusing on the optimization and refining process. While their attorneys are working on the application for their Provisional Patent, they have engaged multiple third-party laboratories to validate their findings. The 2022 Field program is well underway and Medaro would like to provide an update as to what has been accomplished, and what will be happening over the next few months; Yurchison LakeNorthern Saskatchewan – Uranium: The exploration work at Yurchison is a two-phase program, where Phase one has been successfully completed on the 15th of July, which included a re-assessment of historical exploration data. Also, a six-person crew completed ground prospecting, mapping, and sampling work to confirm historical mineralization areas and their extensions, as well as sampling new zones and areas of interest with the aid of handheld Scintillometers and Spectrometers. To date 585 soil and rock samples have been collected for laboratory analysis with results expected in four to six weeks. Phase two of the program is contracted to begin August 5th. This Phase will be an airborne magnetic, very low frequency (VLF) electromagnetic geophysical and radiometric survey to help generate targets for further exploration, and diamond drilling, which is scheduled to last about four weeks. Superb LakeThunder Bay, Ontario – Lithium: The field program at Superb Lake has been organized for the 2022 season. A four-person crew spent three weeks prospecting, mapping, and sampling the property, where 161 samples were taken and have been sent to the laboratory for analysis, results are expected in four to six weeks. Phase two of the field program will be a Magnetic and electromagnetic airborne geophysical survey. The Company is in the process of getting proposals from suitable contractors and will award work based on budget and scheduling. CYR South James Bay – Lithium: A field crew will be mobilized to the CYR project in the second week of August 2022, where a ground geophysical survey will be conducted over 30 days, using ground magnetometer, VLF, and surface radiometrics. The crew will cover the northeastern part of the property in a controlled grid of evenly spaced lines and station length, while concurrently conducting a Geochemical profile over the same grid. Lac La MotteVal D’Or, Quebec - Lithium: Lac La Motte was a property they optioned back in May of 2022. It is approximately 45 km west of the town of Amos, in an area of significant exploration of Lithium. After an area reconnaissance field prospecting and sampling program to confirm previous data and identify new targets, they mapped out a diamond drill program of eight to ten areas of interest. In June of this year, they contracted Forage Hebert Inc. drilling contractors to conduct a minimum of one thousand meters of Drilling. Hebert was chosen to maximize the value of their contract as they are based in Amos and crews would not need them to provide accommodations as they would commute from home, and mobilization costs would be at a minimum. The rig is a B-20 using NQ core rods, that would provide for ease of transport and site movement and low-cost mobilization. Drilling on the project looks to be wrapping up in the next weeks after drilling an initial ten holes. Aankondiging • Jun 14
Medaro Mining Corp. to drill Lac La Motte Lithium Property Medaro Mining Corp. announced that it has entered into a contract with Forage Hebert Inc. (Herbert) for their B-20 Diamond Drill to drill the Lac La Motte property located near Val D’Or, Quebec, Canada (the “Property”). The Property is composed of eleven (11) mineral claims, covering approximately 519 hectares. Medaro has contracted Hebert to drill a series of NQ size diamond drill holes on lithium targets at Lac La Motte to test lithium showings on the property. The contract is for a minimum of 1,000 meters to a maximum of 3,000 meters. As Herbert itself is based in the town of Amos, Quebec, the mobilization cost’s will be kept at minimum. The mobilization will commence in the week of June 13. 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. The Company commenced a ground prospecting and sampling program immediately upon acquiring the Lac La Motte Property in May 2022. The field prospecting program has identified and confirmed various lithium pegmatite outcrops on the Property. The samples collected during the current prospecting work has been shipped to Activation Laboratories in Ancaster Ontario and results will be reported as soon as available. Aankondiging • Apr 15
Medaro Mining Corp. Spodumene Processing Technology Enters Advanced Stage of Development Medaro Mining Corp. reported that its spodumene processing technology has progressed to a more advanced stage of development in the bench-scale production of high-purity Li, Al and SiO2 materials. After confirming the ability to crystallize 99.98% pure Li2CO3 from spodumene-sourced Li, the focus of Medaro laboratory work has shifted to isolating Al-rich liquid and solid materials, and subsequently treating them chemically, the ultimate goal being to enable eventual volume production of one or more commercial grades of Al(OH)3 and/or Al2O3. Significantly, in these new efforts, several important discoveries have already been made. Aankondiging • Apr 05
Medaro Mining Corp. Completes Airborne Geophysical Survey at its Yurchison Uranium Property in Athabasca Basin, Northern Saskatchewan Medaro Mining Corp. announced that it has completed an airborne geophysical survey at its Yurchison Uranium Property in Athabasca Basin, Northern Saskatchewan. The Company contracted Geodata Solutions GDS Inc. to complete a high-resolution helicopter-borne magnetic survey on mining claim MC00011054 of the Yurchison Property. A total of 1,424 line kilometers of survey was completed at 50 m line spacing using an AS 350 BA + helicopter. The mining claim MC00011054 is located in the middle of the Yurchison Property. A Helicopter Versatile Time Domain ElectroMagnetic (VTEM) geophysics survey was flown by Geotech Ltd. on behalf of JNR Resources on the Yurchison Property in October 2006 and identified ten Zones of Interest based on the electromagnetic (EM) conductors and the total field magnetic response (assessment report 74H08-0041). Zones of Interest are areas with potential to host uranium mineralization based on their geophysical signature. This historic survey was flown at 200 m line spacing, so Medaro decided to fly the current survey at 50 m line spacing to obtain more detailed resolution on the anomalies. The EM conductors are along a SW-NE trend parallel to the rock unit boundaries and a major fault (Needle Falls Shear Zone). The magnetic geophysics survey will provide structural information especially the location of the N-S trending Tabbernor faults. The intersection of the major fault and the Tabbernor faults and the graphitic metasedimentary rocks are exploration targets for uranium mineralization. The Zones of Interest also correspond to the contact between two different rock units. The 2006 VTEM survey was followed up with a 2008 drill program by JNR Resources with drill highlights on claim MC00011054 including (assessment report 64E05-0034): 82 ppm U from 11.5-12.5 m (1.0 m interval) in drill hole YL-08-111 in granitic pegmatite; 240 ppm U, 3750 ppm Mo from 22.5-23.0 m (0.5 m interval) in drill hole YL-08-112 in granitic pegmatite; and 84.4 ppm U from 57.0-57.5 m (0.5 m interval) in drill hole YL-08-114 in graphitic carbonate breccia. The combination of the exploration pathfinders: the intersection of N-S Tabbernor faults and SW-NE major fault, rock unit boundaries, EM conductors and uranium anomalies intersected by drill holes (well above background levels) makes claim MC00011054 an exciting exploration target on the Yurchison Property and Medaro Mining is looking forward to examining the results of March 2022 helicopter-borne magnetic survey. The survey data is being processed and results will be released as soon as available. The survey crew was based at KM147 Lamp Lighters lodge, Saskatchewan, located about 15 kilometres to the south of the Yurchison Property. The area was flown following a pre-defined 3D flight surface having a rate of climb/descent of 20% and a minimum ground clearance of 35 metres over the survey area. Altitude was ultimately controlled at the discretion of the helicopter pilot with safety held in priority consideration. Aankondiging • Mar 29
Medaro Mining Corp. Identifies Lithium Exploration Targets from Soil Sampling Program at Superb Lake Medaro Mining Corp. announced that it has received results of soil sampling from their Phase 1 exploration fieldwork program (the “Program”) on its Superb Lake Lithium Property (the “Property”) located in Northwestern Ontario, Canada. The results show a trend of lithium anomalies along Superb Lake pegmatites in a roughly northwest-southeast direction, and two other anomalies to the north and south of the main trend. The previous results of four samples taken in 2020 from spodumene rich part of the Superb Lake pegmatite indicated lithium oxide (Li2O) values in the range of 1.77 % to 4.03%, and results of channel sampling in 2021 assayed 1.15% Li2O over 5.8 m. Program Highlights The Superb Lake pegmatite is known principally for its spodumene bearing lithium mineralization. The 2021 exploration work comprised of soil and rock channel sampling and geological mapping, which was aimed at defining the extension of lithium mineralization along strike of the known pegmatite as well as finding new target areas for further exploration. The interpretation of soil sampling results shows a main northwest-southeast trending soil anomaly in the extension of the Superb Lake lithium pegmatite with lithium values in the range of less than 10 parts per million (ppm) to 310 ppm over a strike length of 1,250 m. The other two lithium anomalies are located to the north (109 ppm and 311 ppm over two lines) and south (up to 311 ppm) of the main lithium trend. These anomalies show a potential for discovery of more pegmatites in the area through further soil sampling, trenching and sampling program. Sampling and Analytical Procedure Soil sampling was carried out by establishing soil grids of six lines at approximately 250m line-spacing and collecting a total of 319 soil samples which were analyzed using a SciAps Z-300 laser induced breakdown spectroscopy (LIBS) for elemental analysis. Soil samples were taken at predetermined station IDs using a Garmin GPS to obtain ~ 3-meter accuracy where >500 grams of material were selected when a B- soil horizon was present. The soil samples were dried in cotton bags for 2 weeks prior to analysis at room temperature. B-horizon soil layers were selected for analysis and humus samples were rejected in the initial analysis but stored for future use. Dried soil from each sample ID was then placed in a sieve to produce a final homogenous 50-gram sample of material less than 2mm in grain size. The 50-gram sample was mixed in a new sample bag and ~7 grams of material was added to a stainless-steel dish and compacted with a 5-ton hydraulic press to produce a solid pellet where a composite of 5 readings were taken, and each reading took 3 seconds to amount to ~15 seconds per reading. The final reported concentration consists of an average of the 5 readings with a detection limit of 5 ppm. The samples were tested using a SciAps Z-300 laser induced breakdown spectroscopy (LIBS) for elemental analysis. The Z-300 platform features OPTi-Purge™ integrated, user-replaceable argon purge technology for improved precision on all elemental lines compared to air-based analysis. Class 3b laser source (1064nm, 3-6mJ) with 50 um diameter beam and 50 Hz operation including rapid sample cleaning to reduce the need to grind or clean sample surfaces. Internal sample presence sensor allows for operation of device under Class 1 conditions, subject to local LSO approval. Z-300 also includes a high-resolution spectrometer for a spectral range of 190 – 420 nm. Integrated camera allows for easy viewing of tests by operators and assures good burns for curved or small pieces. A macro camera is also included that provides photo documentation of materials being tested, reads barcodes and QR codes. Settable, one-dimensional beam rastering for testing wires, inclusions or material veins. Weighing just 3.9 lbs with battery and 2.7” high brightness rear facing display for easy results viewing. Google-powered, Apps-based Android operating system provides Smartphone level simplicity and intuitive operation. Wireless, Bluetooth, and GPS built in for easy connectivity to other devices. Aankondiging • Feb 11
Medaro Spodumene Processing Technology Produces High-Purity Lithium Carbonate Medaro Mining Corp. reported a major advance in its goal to develop a much more cost-effective method for manufacturing commercial grades of spodumene-sourced, high-value lithium, aluminum and silicon materials. Furthering the Company’s ability to achieve prototype-scale demonstrations, a custom-designed item of equipment built to dramatically advance testing capabilities is scheduled for delivery by the end of February. The apparatus will afford the opportunity to perform bench-scale laboratory tests at temperatures to 300 °C, and at pressures as high as 10 atmospheres, which together will greatly accelerate progress in the current phase of technology development. It’s also noteworthy that the Medaro technical team has expanded its bench-scale testing to include samples of spodumene concentrate received from active and prospective lithium producers. The purpose of this work is to demonstrate the applicability of the Medaro technology to all types and grades of spodumene concentrate produced around the world. Aankondiging • Feb 04
Medaro Mining Corp Updates Plans for Yurchison Uranium Property Medaro Mining Corp. to provide an update regarding plans for an exploration program during the spring and summer of 2022 at the Yurchison Uranium Property in Canada. Medaro has contracted J-J Minerals of Sudbury, Ontario to complete a comprehensive data compilation on the Yurchison property. The scope off work will include the gathering of all previous assessment reports, government reports and maps on the property. Additionally, all geophysical reports and grid tiff files will be imported into ArcGIS mapping software for further study. Subsequently, Medaro plans to mobilize an extensive exploration program at Yurchison this summer that will include, but is not limited to: Airborne Radiometric survey, Prospecting, Mapping, Above-ground Geophysics. The Radiometric survey will encompass up to 5000-line kilometres and is to be accomplished utilizing a fixed wing aircraft as soon as the region is clear of snow. Effective measurements require clear dry ground for accurate results. The aerial survey will be based at a nearby outfitters operation which provides adequate runway length for airborne operations. The Radiometric survey will detect and map natural radioactive emanation from rocks and soils. The proposed survey and subsequent report are estimated to take 6 weeks to completion. With the airborne study and data reports in hand, Medaro will embark on a field program designed to map and prospect all known showings across the Yurchison claims and to analyse any past drill core samples stored on the property. Current plans estimate between 1,500 and 1,600 samples will be accomplished over a 35-to-40-day program. Aankondiging • Jan 15
Medaro Hard Rock Lithium Extraction Process Achieves Proof of Concept Medaro Mining Corp. advised that recent lab results have confirmed technological functionality and capability that meet all aspects of the original concept for a spodumene processing technology with the potential to surpass all other methods currently in commercial use. Following up on recent developments outlined in the news release of December 6, 2021, a critical examination of the chemical reactions involved in the Medaro technology prove that all reactions are in accordance with the fundamental principles of chemical thermodynamics and kinetics. The reactions also reveal a “chemical continuum” between the various Medaro methods as a set of interrelated chemical pathways that make it technically and economically feasible to extract two or more of Li2CO3, LiOH, Li2O and Li at commercial grades within a single processing facility. Medaro’s stated primary developmental technology objective is to produce spodumene concentrates of greater mineralogical purity, and to increase the yield of lithium from a spodumene concentrate of any mineralogical purity. This project scope includes lowering the cost of extracting lithium from a spodumene concentrate, as well as the manufacture of high-value byproducts to offset overall production costs. Medaro continues to expand its bench-scale laboratory testing capabilities, most particularly by custom designing and fabricating specific items of equipment for use under conditions which closely replicate those expected in future full-scale plant operations. In this regard, it’s noteworthy that efforts are nearing completion for a configuration that will operate at temperatures above 200 °C and at pressures to ~10 atm. Aankondiging • Dec 23
Medaro Mining Corp. Receives Results of the Phase 1 Exploration Work Program on Its Cyr South Lithium Property Located in James Bay, Quebec, Canada Medaro Mining Corp. announced that it has received results of the Phase 1 exploration work program on its CYR South Lithium Property located in James Bay, Quebec, Canada. The results of the recently conducted rock and soil sampling indicate that the northeastern part of the Property is more favourable for lithium, beryllium, and rare metals exploration, and that the southwestern claim block is more favourable for manganese and other metals exploration. The ground geophysical survey was used to identify local structures to help with lithium exploration targeting. The geophysical interpretation identified three fault zones and magnetic lineaments which are recommended to be followed up through compilation of historical data and a ground trenching and sampling work. The program was carried out in two stages where the first stage consisted of ground prospecting, rock and soil sampling, and mapping which was aimed at identifying a group of pegmatites for their potential to host lithium and other metals mineralization. The second stage consisted of a 46.2 line -km (4,661 readings) of ground magnetic geophysical survey to generate exploration targets for future work. A total of 150 selected channel cut and grab rock samples and 40 soil samples were collected during this work program. Results Highlights: Lithium (Li) values were up to 166 parts per million(ppm). Beryllium (Be) values were up to 26,600 ppm (2.66% Be). Boron (B) values were up to 7,500 ppm (0.75% B). Manganese (Mn) values were up to 28,700 ppm (2.78% Mn). Rubidium (Rb) values were up to 1,290 ppm. Cesium (Cs) values were up to 992 ppm. Niobium (Nb) values were up to 121.4 ppm, and tantalum values were up to 47.4 ppm. Elevated values of Be and Nb occur in pegmatites with tourmaline, beryl, garnet and aplitic zones indicate that the pegmatite is fractionated and has the potential to contain lithium. Sample locations were determined by hand-held GPS set to report locations in UTM coordinates. Conventional soil samples were collected from the B-horizon wherever possible. Relevant details pertaining to the soil and rock samples, such as location, lithology and sample type were recorded. The samples were bagged and tagged using best practices and were delivered to Activation Laboratories, Ancaster, Ontario for sample preparation and analyses. ACTLABS is an independent commercial, accredited ISO Certified Laboratory. The rock and soil samples indicated anomalous values of lithium, beryllium, barium, boron, manganese, rubidium, cesium, and niobium. The soil sample results show consistent values of the targeted elements mentioned above in rock samples and no definite trend can be interpreted due to the limited number of samples taken. Aankondiging • Aug 13
Medaro Mining Corp. Commences Work Program on CYR South Lithium Property Medaro Mining Corp. announced the commencement of its Phase 1 exploration work program on its CYR South Lithium Property located in James Bay, Quebec, Canada. The Program will take place in two stages across two exploration work areas. The first stage will consist of ground soil and rock sampling and geological mapping, aimed at sampling, mapping and identifying a group of pegmatites for their potential to host lithium mineralization. The second stage will consist of a ground geophysical survey aimed at lithium and rare metals exploration. The soil and rock sampling and geological mapping work has commenced and the ground geophysical work is expected to commence in September and take three to four weeks. Once assays have been received from the laboratories (expected in mid- to late November 2021), a 43-101F1 technical report will be prepared respecting the Property. Aankondiging • Jul 24
Medaro Mining Corp. Announces Commencement of its Phase 1 Exploration Work Program on Its Superb Lake Lithium Property in Northwestern Ontario, Canada Medaro Mining Corp. announced the commencement of its Phase 1 exploration work program (the ‘Program’) on its Superb Lake Lithium Property (the ‘Property’) located in Northwestern Ontario, Canada. The Company expects fieldwork to be completed by mid to late October 2021. The Property consists of 8 mining claims totalling approximately 2,187 hectares of land in the O' Sullivan Lake /Maun Lake Area, Thunder Bay Mining District of Northwestern Ontario, Canada. It is located about 375 kilometers to the northeast of Thunder Bay. The nearest town to the property is Nakina situated 45 km to the south of the Property. The Program will take place in two stages across two exploration work areas. The first stage will include ground magnetic /VLF survey and soil geochemistry work in the areas adjacent to the pegmatites found and associated granitic intrusions along the strike. The second stage will consist of trenching and channel sampling work along the strike extension of the Superb Lake pegmatites. This area represents historical Superb Lake lithium occurrences where previous work indicated lithium values in the range of 1.77 to 4.03% lithium oxide (Li2O). In addition to the Company's planned prospecting, sampling and geophysical survey work in this area, the area will be a main target of follow up trenching, channel sampling and diamond drilling work. This area is in the western strike extension of the known pegmatite with similar geological setting, being located within a close distance of the granitic intrusion in the basement rocks. This area will be the secondary target for exploration, with work to include prospecting, sampling (rock and soil), and ground geophysical surveying. The soil and rock sampling and ground geophysical survey work will commence right away with the channel sampling and drilling component to commence by late August or early September 2021 depending upon permitting. Fieldwork is expected to be completed by mid to late October 2021. Aankondiging • Jul 14
Medaro Mining Corp. announced that it has received CAD 2.060219 million in funding On July 13, 2021, Medaro Mining Corp. closed the transaction. The company issued 3,169,568 units for proceeds of CAD 2,060,219.40. The company paid finder fees of CAD 128,032.45 and196,973 finders warrants. Each finder's warrant is exercisable at CAD 0.85 for a period of 24 months from the date of issuance. All securities issued in connection with the private placement are subject to a statutory hold period expiring Nov. 13, 2021, in accordance with applicable securities laws. Aankondiging • Jul 03
Medaro Mining Corp. announced that it expects to receive CAD 2 million in funding Medaro Mining Corp. (CNSX:MEDA) announced a private placement of 3,076,923 units at a price of CAD 0.65 per unit for gross proceeds of up to CAD 2,000,000 on July 2, 2021. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant being exercisable at a price of CAD 0.85 for a period of 24 months from issuance. All securities issued in connection with the transaction will subject to a four-month and one-day statutory hold in accordance with applicable securities laws. Aankondiging • May 27
Medaro Mining Corp. announced that it has received CAD 3.220703 million in funding On May 26, 2021, Medaro Mining Corp. (CNSX:MEDA) closed the tranasction. The company has issued 7,319,779 units for the gross proceeds of CAD 3,220,702.76?. The company has paid CAD 180,306.28 and issued 409,787 finder's warrants were issued as a finders fees in the transaction. All securities issued in connection with the private placement are subject to a statutory hold period expiring Sept. 26, 2021. Aankondiging • May 07
Medaro Mining Corp. announced that it expects to receive CAD 3 million in funding Medaro Mining Corp. (CNSX:MEDA) announced a private placement of 6,818,181 units at a price of CAD 0.44 per unit, for gross proceeds of up to CAD3,000,000 on May 6, 2021. Each Unit will consist of one common share and one-half common share purchase warrant, with each whole warrant being exercisable at a price of CAD 0.55 for a period of 12 months from issuance. All securities issued in connection with the transaction will be subject to a four-month and one-day statutory hold in accordance with applicable securities laws. 
