- Medaro Mining (MEDA) has received phase 1 exploration results from its Cyr South lithium property in Quebec
- The program was carried out in two stages, collecting 150 grab samples and 40 soil samples
- The samples indicated anomalous values of lithium and other elements
- Medaro Mining is a lithium exploration company based in Vancouver
- Shares in Medaro Mining (MEDA) are down 1.08 per cent, trading at $0.92 per share
Medaro Mining (MEDA) has received phase 1 exploration results from its Cyr South lithium property in Quebec.
The program was carried out in two stages: the first consisting of prospecting, sampling, and mapping, and the second consisting of a ground magnetic geophysical survey to generate exploration targets.
A total of 150 selected channel cut and grab rock samples and 40 soil samples were collected during the work program.
The rock and soil samples indicated anomalous values of lithium, beryllium, barium, boron, manganese, rubidium, cesium, and niobium.
Highlights from phase 1 include up to 166 ppm lithium, 26,000 ppm beryllium, 7,500 ppm boron, 28,700 ppm manganese, 1,290 ppm rubidium, 992 ppm cesium, 121.4 ppm niobium, and 47.4 ppm tantalum.
Although the samples showed consistent values of the target elements, no definite trend can yet be identified due to the limited number of samples taken.
Exploration crews also recorded relevant details pertaining to the soil and rock samples, such as location, lithology, and sample type, and delivered the samples to Activation Laboratories in Ontario for analysis.
Faizaan Lalani, president and director of Medaro, commented on the results.
“The results from our phase 1 workplan at Cyr South have provided an invaluable first step towards focusing our plans for phase 2 and beyond,” he said.
“We are very pleased by the initial results and aim to continue towards developing our understanding of the underlying lithium prospect across the Property,” he added. “Our efforts remain focused on defining drill targets and building project value.”
Medaro Mining is a lithium exploration company based in Vancouver. The company holds options on the Superb Lake lithium property in Thunder Bay, the Cyr South property in James Bay, Quebec, and the Yurchison uranium property in northern Saskatchewan.
Shares in Medaro Mining (MEDA) are down 1.08 per cent, trading at $0.92 per share as of 11:47 am EST.
