Afzaal Pirzada, M.Sc.(Geology), P.Geo., is a consultant to Medaro Mining and a Qualified Person, as defined by NI 43-101. Mr. Pirzada has approved of the disclosure set out below.
Medaro has secured an option to acquire a 100% interest in the Rapide property which consists of 32 mining claims covering approximately 1,800 hectares area located in Darlin and Chabert townships, approximately 80 kilometers southwest of the town of Val-d’Or, Quebec.
There are several historical and currently active lithium and molybdenum prospects/mines in the Abitibi region: North American Lithium, which was formerly owned by RB Energy, Authier Lithium owned by Sayona Mining of Australia, Valor Lithium, and the Tansim Lithium project.
The Rapide property is underlain by consolidated rocks of the Precambrian age. The oldest, made up of altered sedimentary with some volcanic types, are included in the Pontiac group. Pegmatites and associated aplites of diverse textures are extremely abundant in the area. Not only do they form dykes and sills in the schists of the Pontiac group and in the syenitic rocks, but they also crop out over larger areas. The largest mass of pegmatites is 6 miles in diameter and trending northeast.
Two-phase exploration work on the property is planned. Phase 1 will include ground truthing of historical work, geological and structural mapping, trenching, and sampling. Phase 2 of the exploration work would be further trenching and diamond drilling to test high priority targets of Phase 1.
Cautionary Note: Investors are cautioned that the above information has been taken from the Quebec Government’s database at following websites: Géologie Québec – Results of the query (gouv.qc.ca) The author has not verified the information and the information is not necessarily indicative of the mineralization on the Property.
