Welcome to our dedicated page for Medaro Mining news (Ticker: MEDAF), a resource for investors and traders seeking the latest updates and insights on Medaro Mining stock.
Medaro Mining Corp. reports corporate developments for a mineral exploration issuer with a lithium property portfolio in Quebec and previously disclosed work on lithium extraction from spodumene concentrate through Global Lithium Extraction Technologies. News about MEDAF includes updates on exploration strategy, property option changes, strategic-review outcomes, share consolidations, shares-for-debt settlements, private-placement plans, and other capital-structure actions. Company announcements also address trading status across the CSE, OTC Pink, and Frankfurt markets when relevant to its common shares.
Medaro Mining Corp (CSE: MEDA, OTC: MEDAF) announced the completion of its Phase 1 exploration fieldwork at the Superb Lake Lithium Property in Northwestern Ontario, revealing promising preliminary results. The exploration included 11 channel samples, yielding an average of 0.86% lithium oxide (Li2O) over 8.8 meters, with a peak intersection of 1.15% Li2O. These findings align with Medaro's innovative spodumene processing technology goals. The company awaits additional soil sampling results to support further exploration efforts.
Medaro Mining Corp (CSE: MEDA, OTC: MEDAF) announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC). This milestone enhances trading efficiency in the U.S. market and allows broader broker access. The company's shares will continue trading on the Canadian Securities Exchange and the Frankfurt Stock Exchange. Medaro focuses on developing spodumene processing technology and lithium exploration, holding properties in Ontario and Quebec.
Medaro Mining Corp (CSE: MEDA) (OTC: MEDAF) reports positive results from its joint venture with Global Lithium Extraction Technologies Inc. (GLET) on spodumene processing technology. Preliminary X-ray powder diffraction (XRD) tests confirm complete conversion of calcined spodumene to leached spodumene at lower temperatures, indicating potential energy and cost savings. Follow-up studies include scanning electron microscopy and wet chemical analysis to assess lithium extraction efficiency. Future tests will identify optimal production timing and solvent concentrations to reduce costs.
Medaro Mining Corp (CSE: MEDA; OTC: MEDAF) has completed its Phase 1 exploration program at the Cyr South Lithium Property in Quebec. The program involved collecting 190 soil and rock samples, alongside a ground magnetic geophysical survey covering 46 kilometers. These efforts aimed at identifying pegmatites that host lithium mineralization, crucial for developing a new lithium extraction process. The area has promising regional lithium discoveries, enhancing Medaro's exploration potential. Future phases will focus on trenching and mapping to further define the project's scope.