Medaro Mining Corp.: Medaro Mining Acquires Option Over CYR South Lithium Property
Medaro" or the "
Company") is pleased to announce that it has acquired the right (the "
Option") to earn a 100% interest in the CYR South Lithium Property, located in the James Bay Area of Quebec (the "
CYR South Lithium Property" or the "
Property").
The CYR South Lithium Property is composed of 52 mining claims covering approximately 2,748 hectares located approximately 100 km east of James Bay and 3 km to the south of Galaxy Resources Limited's (ASX:GXY) James Bay Lithium Project. Work undertaken on the Property by previous operators has identified several pegmatites which are part of the James Bay pegmatite swarm and surface sampling has indicated anomalous lithium, niobium and tantalum values.