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.
不列颠哥伦比亚省温哥华--（Newsfile Corp.，2024年3月27日）——梅达罗矿业公司（CSE：MEDA）（场外交易链接：MEDAF）（the”公司“或”梅达罗“）很高兴地宣布其在CYR South锂矿产地的最新钻石钻探结果（”财产“），位于加拿大魁北克省的詹姆斯湾。该公司的勘探发现了钻孔内锂的绝佳交叉点。
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.
与 Forage Pelletier 钻探公司合作 (”FPD“）在魁北克省查佩斯，该公司的综合计划包括11个NQ大小的钻孔，跨越1,745米的钻石钻探。利用最先进的技术，包括手持式激光诱导击穿光谱（”LIBS“) 在活化实验室进行的仪器和实验室分析（”ACTLABS“）在安大略省安卡斯特，该公司的调查结果确定了几个极具前景的伟晶岩交叉点。
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根据2022年开展的大量基础工作对钻孔地点的战略选择，凸显了该公司对精确和数据驱动勘探的承诺。通过战略性地在卫星成像目标 (SIT) 附近布置四个钻孔，该公司试图最大限度地发挥此类钻孔的成功潜力。
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."
梅达罗首席执行官迈克尔·马尔伯里表达了他的热情，他说：”我们对我们在CYR South地产的钻探计划的结果感到高兴。锂的异常交叉点为进一步的勘探提供了令人兴奋的机会，我们很高兴能够扩大这些结果，并计划在2024年进行更多勘探。”
Highlights:
亮点：
- 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.
- 钻孔 CYR23-01-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂（Li）值在百万分之40.6（ppm）至2,202.1 ppm之间。实验室化验表明，有几次截获的锂含量超过100 ppm，其中一个3米宽的截面显示平均Li为244 ppm。
- 钻孔 CYR23-02-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 23.6 ppm 到 383 ppm 之间。由于 LIBS 值低和/或没有明显的锂辉石矿化，样本未送往实验室。
- 钻孔 CYR23-03-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 27.6 ppm 到 472.5 ppm 之间。由于 LIBS 值低和/或没有明显的锂辉石矿化，样本未送往实验室。
- 钻孔 CYR23-04-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 42.1 ppm 到 6,615.1 ppm 之间。对选定间隔的实验室分析显示低锂值（小于100 ppm）。
- CYR23-05 钻孔与一个 46 米宽的区域相交，钻孔深度为 18 米处的平均锂离子含量为 150 ppm，包括 2 米宽的 278 ppm Li 区域，以及 49 m 钻孔深度处的 3 米宽区域 460 ppm Li。由于仪器不可用，没有使用LIBS对该钻孔进行现场扫描。
- 钻孔 CYR23-06-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 15 ppm 到 776.1 ppm 之间。由于 LIBS 值低和/或没有明显的锂辉石矿化，样本未送往实验室。
- 钻孔 CYR23-07-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 44.1 ppm 到 491.6 ppm 之间。由于 LIBS 值低和/或没有明显的锂辉石矿化，样本未送往实验室。
- 钻孔 CYR23-08-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 33.7 ppm 到 335 ppm 之间。由于 LIBS 值低和/或没有明显的锂辉石矿化，样本未送往实验室。
- 钻孔 CYR23-09-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 49.8 ppm 到 531.6 ppm 之间。由于 LIBS 值低和/或没有明显的锂辉石矿化，样本未送往实验室。
- 钻孔 CYR23-10-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 58.2 ppm 到 603.3 ppm 之间。由于 LIBS 值低和/或没有明显的锂辉石矿化，样本未送往实验室。
- 钻孔 CYR23-11-使用 LIBS 对钻孔岩心样品进行现场扫描显示，锂值在 63.1 ppm 到 512.7 ppm 之间。实验室化验表明，有几次截获的锂含量超过100 ppm。
Table 1: Further Drill Hole Details
表 1：更多钻孔详情
| 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 坐标（NAD 83 区域 18N） | 方位角 | 浸 | 钻孔深度 (m) | 卫星成像目标 (SIT) 编号 |
| 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 个 NQ 尺寸的岩心金刚石钻孔 | 1,745 | ||||
Figure 1: 2023 Drill Hole Location Map with Satellite Imaging Targets (SIT)
图 1：2023 年带有卫星成像目标 (SIT) 的钻孔位置图
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).
关于核心记录和采样
在勘探过程中实施了质量控制和质量保证（QC/QA）措施。FPD 在 381 号营地设立了一个临时核心储存库和初步的岩心测井点，该地点是演习计划的大本营。初步伐木后，所有岩心都被运送到位于该物业以南约400公里处的圣多米尼克·杜罗赛尔村的一个核心小屋进行详细的伐木。定期按行业标准间隔合并字段副本、标准和空白，以确保结果的准确性和可靠性。收集的样本被打包并运送到经ISO认证的独立实验室ACTLABS，使用实验室代码Ultratrace 7和过氧化钠融合（Na2O2）进行分析。
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.
合格人员
Afzaal Pirzada，P.Geo.，就国家仪器43-101而言，是 “合格人士”- 矿产项目披露标准，已审查并批准了本新闻稿中包含的技术信息。
On Behalf of the Board of Directors
Michael R. Mulberry
CEO & Director
代表董事会
迈克尔·R·马尔伯里
首席执行官兼董事
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.
关于本公司
该公司是一家位于不列颠哥伦比亚省温哥华的勘探公司。该公司拥有位于安大略省桑德贝的Superb Lake锂矿产，并持有魁北克省达林、拉皮德和CYR South锂矿产以及萨斯喀彻温省阿萨巴斯卡盆地的Yurchison铀矿产的期权。该公司还签署了一项合资协议，该协议要求公司开发和商业化一种从锂辉石浓缩物中提取锂的新工艺。
For more information, investors should review the Company's filings that are available at .
欲了解更多信息，投资者应查看公司的申报文件，网址为。
Contact Information
info@medaromining.com
604-602-0001
联系信息
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.
前瞻性陈述
本新闻稿包含适用证券法所指的某些前瞻性陈述。所有非历史事实的陈述，包括但不限于有关未来估计、计划、计划、预测、目标、假设、预期或未来业绩信念的陈述，包括有关公司进一步勘探该物业计划的陈述，均为 “前瞻性陈述”。根据公司现有信息，这些前瞻性陈述反映了公司管理层的期望或信念。前瞻性陈述受许多风险和不确定性的影响，包括公司向证券监管机构提交的文件中不时详述的风险和不确定性，这可能会导致实际结果与前瞻性陈述中讨论的结果存在重大差异。应仔细考虑这些因素，并提醒读者不要过分依赖此类前瞻性陈述。本新闻稿中包含的前瞻性陈述和信息自发布之日起作出，除非适用的证券法有要求，否则公司没有义务公开更新或修改任何前瞻性陈述或信息，无论是由于新信息、未来事件还是其他原因。
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
加拿大证券交易所尚未审查本新闻稿，对本新闻稿的充分性或准确性不承担任何责任。