Medaro Mining Provides an Update on Its CYR South Discovery in James Bay, Quebec
Medaro Mining Provides an Update on Its CYR South Discovery in James Bay, Quebec
Vancouver, British Columbia--(Newsfile Corp. - March 27, 2024) - Medaro Mining Corp. (CSE: MEDA) (OTC Pink: MEDAF) (the "Company" or "Medaro") is pleased to announce the results of its latest diamond drilling endeavor at the CYR South lithium property (the "Property"), located in James Bay, Quebec, Canada. The Company's exploration has revealed excellent intersections of lithium within the drill holes.
不列顛哥倫比亞省溫哥華--（Newsfile Corp.，2024年3月27日）——梅達羅礦業公司（CSE：MEDA）（場外交易鏈接：MEDAF）（the”公司“或”梅達羅“）很高興地宣佈其在CYR South鋰礦產地的最新鑽石鑽探結果（”財產“），位於加拿大魁北克省的詹姆斯灣。該公司的勘探發現了鑽孔內鋰的絕佳交叉點。
Partnering with Forage Pelletier Drilling ("FPD") of Chapais, Quebec, the Company's comprehensive program encompassed eleven NQ size drill holes, spanning 1,745 metres of diamond drilling. Leveraging state-of-the-art technology, including handheld laser-induced breakdown spectroscopy ("LIBS") instruments and laboratory analysis conducted at Activation Laboratories ("ACTLABS") in Ancaster, Ontario, the Company's findings have identified several highly prospective pegmatite intersections.
與 Forage Pelletier 鑽探公司合作 (”FPD“）在魁北克省查佩斯，該公司的綜合計劃包括11個NQ大小的鑽孔，跨越1,745米的鑽石鑽探。利用最先進的技術，包括手持式激光誘導擊穿光譜（”LIBS“) 在活化實驗室進行的儀器和實驗室分析（”ACTLABS“）在安大略省安卡斯特，該公司的調查結果確定了幾個極具前景的偉晶岩交叉點。
Medaro's strategic selection of drill hole locations, informed by extensive groundwork conducted in 2022, underscores the Company's commitment to precision and data-driven exploration. By strategically situating four drill holes near satellite imaging targets (SIT), the Company attempted to maximize such holes' potential for success.
Medaro根據2022年開展的大量基礎工作對鑽孔地點的戰略選擇，凸顯了該公司對精確和數據驅動勘探的承諾。通過戰略性地在衛星成像目標 (SIT) 附近佈置四個鑽孔，該公司試圖最大限度地發揮此類鑽孔的成功潛力。
Michael Mulberry, CEO of Medaro, expressed his enthusiasm, stating, "We are delighted with the outcomes from our drilling program at the CYR South property. The anomalous intersections of lithium present exciting opportunities for further exploration and we are excited to expand on these results with plans for additional exploration in 2024."
梅達羅首席執行官邁克爾·馬爾伯裏表達了他的熱情，他說：”我們對我們在CYR South地產的鑽探計劃的結果感到高興。鋰的異常交叉點爲進一步的勘探提供了令人興奮的機會，我們很高興能夠擴大這些結果，並計劃在2024年進行更多勘探。”
Highlights:
亮點：
- Drill Hole CYR23-01 - Field scanning with LIBS for the drill hole core samples indicated lithium (Li) values in the range of 40.6 parts per million (ppm) to 2,202.1 ppm. The laboratory assays indicated several intercepts with over 100 ppm Li with one 3-metre-wide section indicating average 244 ppm Li.
- Drill Hole CYR23-02 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 23.6 ppm to 383 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.
- Drill Hole CYR23-03 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 27.6 ppm to 472.5 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.
- Drill Hole CYR23-04 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 42.1 ppm to 6,615.1 ppm. The laboratory assays of selected intervals showed low Li values (less than 100 ppm).
- Drill Hole CYR23-05 intersected a 46-metre-wide zone with average 150 ppm Li at 18 metres drilled depth, including a 2-metre-wide zone of 278 ppm Li, and a 3-metre-wide zone of 460 ppm Li at 49 m drilled depth. Field scanning with LIBS was not done on this drill hole due to non-availability of the instrument.
- Drill Hole CYR23-06 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 15 ppm to 776.1 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.
- Drill Hole CYR23-07 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 44.1 ppm to 491.6 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.
- Drill Hole CYR23-08 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 33.7 ppm to 335 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.
- Drill Hole CYR23-09 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 49.8 ppm to 531.6 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.
- Drill Hole CYR23-10 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 58.2 ppm to 603.3 ppm. Samples were not sent to the lab due to low LIBS values and/or no visible spodumene mineralization.
- Drill Hole CYR23-11 - Field scanning with LIBS for the drill hole core samples indicated Li values in the range of 63.1 ppm to 512.7 ppm. The laboratory assays indicated several intercepts with over 100 ppm Li.
- 鑽孔 CYR23-01-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰（Li）值在百萬分之40.6（ppm）至2,202.1 ppm之間。實驗室化驗表明，有幾次截獲的鋰含量超過100 ppm，其中一個3米寬的截面顯示平均Li爲244 ppm。
- 鑽孔 CYR23-02-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 23.6 ppm 到 383 ppm 之間。由於 LIBS 值低和/或沒有明顯的鋰輝石礦化，樣本未送往實驗室。
- 鑽孔 CYR23-03-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 27.6 ppm 到 472.5 ppm 之間。由於 LIBS 值低和/或沒有明顯的鋰輝石礦化，樣本未送往實驗室。
- 鑽孔 CYR23-04-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 42.1 ppm 到 6,615.1 ppm 之間。對選定間隔的實驗室分析顯示低鋰值（小於100 ppm）。
- CYR23-05 鑽孔與一個 46 米寬的區域相交，鑽孔深度爲 18 米處的平均鋰離子含量爲 150 ppm，包括 2 米寬的 278 ppm Li 區域，以及 49 m 鑽孔深度處的 3 米寬區域 460 ppm Li。由於儀器不可用，沒有使用LIBS對該鑽孔進行現場掃描。
- 鑽孔 CYR23-06-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 15 ppm 到 776.1 ppm 之間。由於 LIBS 值低和/或沒有明顯的鋰輝石礦化，樣本未送往實驗室。
- 鑽孔 CYR23-07-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 44.1 ppm 到 491.6 ppm 之間。由於 LIBS 值低和/或沒有明顯的鋰輝石礦化，樣本未送往實驗室。
- 鑽孔 CYR23-08-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 33.7 ppm 到 335 ppm 之間。由於 LIBS 值低和/或沒有明顯的鋰輝石礦化，樣本未送往實驗室。
- 鑽孔 CYR23-09-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 49.8 ppm 到 531.6 ppm 之間。由於 LIBS 值低和/或沒有明顯的鋰輝石礦化，樣本未送往實驗室。
- 鑽孔 CYR23-10-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 58.2 ppm 到 603.3 ppm 之間。由於 LIBS 值低和/或沒有明顯的鋰輝石礦化，樣本未送往實驗室。
- 鑽孔 CYR23-11-使用 LIBS 對鑽孔岩心樣品進行現場掃描顯示，鋰值在 63.1 ppm 到 512.7 ppm 之間。實驗室化驗表明，有幾次截獲的鋰含量超過100 ppm。
Table 1: Further Drill Hole Details
表 1：更多鑽孔詳情
| Hole ID | UTM Coordinates (NAD 83 Zone 18N) | Azimuth | Dip | Drilled Depth (m) | Satellite Imaging Target (SIT) Number |
| CYRS-23-01 | 18U 356788 5785646 222m | 30 | -45 | 150 | |
| CYRS-23-02 | 18U 357189 5785379 219m | 35 | -45 | 150 | |
| CYRS-23-03 | 18U 357197 5784301 221m | 360 | -45 | 150 | |
| CYRS-23-04 | 18U 357090 5784107 219m | 350 | -45 | 171 | |
| CYRS-23-05 | 18U 358225 5784478 207m | 350 | -45 | 153 | D1d |
| CYRS-23-06 | 18U 357834 5783411 252m | 360 | -45 | 198 | D2a |
| CYRS-23-07 | 18U 357707 5782822 252m | 20 | -45 | 159 | |
| CYRS-23-08 | 18U 359114 5783669 252m | 340 | -45 | 186 | |
| CYRS-23-09 | 18U 360485 5783794 236m | 15 | -45 | 168 | |
| CYRS-23-10 | 18U 359018 5784484 216m | 20 | -45 | 158 | D1g |
| CYRS-23-11 | 18U 358015 5784647 189m | 360 | -45 | 102 | V1c |
| Total 11 NQ Size Core Diamond Drill Holes | 1,745 | ||||
| 洞 ID | UTM 座標（NAD 83 區域 18N） | 方位角 | 浸 | 鑽孔深度 (m) | 衛星成像目標 (SIT) 編號 |
| CYRS-23-01 | 18U 356788 5785646 222m | 30 | -45 | 150 | |
| CYRS-23-02 | 18U 357189 5785379 219m | 35 | -45 | 150 | |
| CYRS-23-03 | 18U 357197 5784301 221m | 360 | -45 | 150 | |
| CYRS-23-04 | 18U 357090 5784107 219m | 350 | -45 | 171 | |
| CYRS-23-05 | 18U 358225 5784478 207m | 350 | -45 | 153 | d1d |
| CYRS-23-06 | 18U 357834 5783411 252m | 360 | -45 | 198 | D2a |
| CYRS-23-07 | 18U 357707 5782822 252m | 20 | -45 | 159 | |
| CYRS-23-08 | 18U 359114 5783669 252m | 340 | -45 | 186 | |
| CYRS-23-09 | 18U 360485 5783794 236m | 15 | -45 | 168 | |
| CYRS-23-10 | 18U 359018 5784484 216m | 20 | -45 | 158 | D1g |
| CYRS-23-11 | 18U 358015 5784647 189m | 360 | -45 | 102 | v1c |
| 共有 11 個 NQ 尺寸的岩心金剛石鑽孔 | 1,745 | ||||
Figure 1: 2023 Drill Hole Location Map with Satellite Imaging Targets (SIT)
圖 1：2023 年帶有衛星成像目標 (SIT) 的鑽孔位置圖
About Core Logging and Sampling
Quality control and quality assurance (QC/QA) measures were implemented during the exploration process. FPD set up a temporary core storage and preliminary core logging site at the Camp 381 location, which was the base camp for the drill program. After preliminary logging, all core was transported for detailed logging to a core shack located in St-Dominique du Rosaire village, located approximately 400 km to the south of the Property. Field duplicates, standards, and blanks were regularly incorporated at industry-standard intervals to ensure the accuracy and reliability of results. The collected samples were packed and delivered to ACTLABS, an independent and ISO Certified Laboratory, for analysis using laboratory code Ultratrace 7 and sodium peroxide fusion (Na2O2).
關於核心記錄和採樣
在勘探過程中實施了質量控制和質量保證（QC/QA）措施。FPD 在 381 號營地設立了一個臨時核心儲存庫和初步的岩心測井點，該地點是演習計劃的大本營。初步伐木後，所有岩心都被運送到位於該物業以南約400公里處的聖多米尼克·杜羅賽爾村的一個核心小屋進行詳細的伐木。定期按行業標準間隔合併字段副本、標準和空白，以確保結果的準確性和可靠性。收集的樣本被打包並運送到經ISO認證的獨立實驗室ACTLABS，使用實驗室代碼Ultratrace 7和過氧化鈉融合（Na2O2）進行分析。
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 technical information contained in this news release.
合格人員
Afzaal Pirzada，P.Geo.，就國家儀器43-101而言，是 “合格人士”- 礦產項目披露標準，已審查並批准了本新聞稿中包含的技術信息。
On Behalf of the Board of Directors
Michael R. Mulberry
CEO & Director
代表董事會
邁克爾·R·馬爾伯裏
首席執行官兼董事
About the Company
The Company is an exploration company based in Vancouver, BC. The Company owns the Superb Lake lithium property located in Thunder Bay, Ontario and holds options over the Darlin, Rapide and CYR South lithium properties in Quebec and the Yurchison uranium property in the Athabasca basin, Saskatchewan. The Company is also 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.
關於本公司
該公司是一家位於不列顛哥倫比亞省溫哥華的勘探公司。該公司擁有位於安大略省桑德貝的Superb Lake鋰礦產，並持有魁北克省達林、拉皮德和CYR South鋰礦產以及薩斯喀徹溫省阿薩巴斯卡盆地的Yurchison鈾礦產的期權。該公司還簽署了一項合資協議，該協議要求公司開發和商業化一種從鋰輝石濃縮物中提取鋰的新工藝。
For more information, investors should review the Company's filings that are available at .
欲了解更多信息，投資者應查看公司的申報文件，網址爲。
Contact Information
info@medaromining.com
604-602-0001
聯繫信息
info@medaromining.com
604-602-0001
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 Company's plans for further exploration work on the Property, 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.
前瞻性陳述
本新聞稿包含適用證券法所指的某些前瞻性陳述。所有非歷史事實的陳述，包括但不限於有關未來估計、計劃、計劃、預測、目標、假設、預期或未來業績信念的陳述，包括有關公司進一步勘探該物業計劃的陳述，均爲 “前瞻性陳述”。根據公司現有信息，這些前瞻性陳述反映了公司管理層的期望或信念。前瞻性陳述受許多風險和不確定性的影響，包括公司向證券監管機構提交的文件中不時詳述的風險和不確定性，這可能會導致實際結果與前瞻性陳述中討論的結果存在重大差異。應仔細考慮這些因素，並提醒讀者不要過分依賴此類前瞻性陳述。本新聞稿中包含的前瞻性陳述和信息自發布之日起作出，除非適用的證券法有要求，否則公司沒有義務公開更新或修改任何前瞻性陳述或信息，無論是由於新信息、未來事件還是其他原因。
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
加拿大證券交易所尚未審查本新聞稿，對本新聞稿的充分性或準確性不承擔任何責任。