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Medaro Mining Commences Drilling at Superb Lake Lithium Property with JV Partner
VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) (“Medaro” or the “Company”) is pleased to annou
About this update from Medaro Mining Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) (“Medaro” or the “Company”) is pleased to announce that Rock Edge Resources has contracted Ombabika Group Inc. (100% First Nations owned) to drill 4 holes along strike of Dyke #1 (discovery outcrop) at its recently optioned Superb Lake Property, situated in northwestern Ontario. Rock Edge Resources Inc. has an option to earn a 70% interest in the Superb Lake lithium project from Medaro. (see PR dated Nov. 29, 2022). The planned drill program is aimed to test the orientation and thickness of Dyke #1. Due to slight alteration and deformation of the dyke, seen in the 2022 exploration program, it is difficult to estimate the true strike and dip on the surface. The 4 holes will provide the company with enough detail to develop a 3D orientation of the dyke and any parallel zones. This will be used to develop a full-scale drill program and provide information regarding lithium mineralization, capturing both contacts, which was not achieved in 2022. Due to permitting constraints, the contractor is using a lightweight ATV portable JKS-15 drill to produce IAW size core 26mm. Highlights: Drill hole SPB-23-01 (Az165/ Dip -45) intersected 7.1 meters of spodumene-albite pegmatite. Visual spodumene estimate is 12% for the entire interval including 2.1 meters of 20% coarse-grained spodumene. This hole is located 60m inland from the initial discovery point on Superb Lake. Hole SPB-23-02 (Az165/ Dip -70) failed to intersect pegmatite, this hole was pulled back to intersect the same cross-section at 20m deeper than hole SPB-23-01. Most likely the orientation of the dyke is more vertical than initially mapped. Hole SPB-23-03 (Dip 89) is currently being drilling, this target is a sub-vertical hole to define hanging-wall contact and orientation of the dyke as our second hole did not intersect the dyke. This hole will also give us insight into the alteration of spodumene at depth and a vertical profile of spodumene mineralization (aimed at 30-40m depth) as minor spodumene alteration was noted on surface in 2022. SPB-23-04: planned another 60-meter-long strike, based on a recent discovery at the end of July 2023, a new parallel zone 10m southeast (3-4meters wide) was identified by the ground crew. The fieldwork in preparation for drill...