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VANCOUVER, British Columbia, Nov. 14, 2022 (Global Newswire) — Medaro Mining Corp.. (CSE: MEDA) (OTC: MEDAF) (FWB: 1ZY) (“Medaro“or”company“), is pleased to announce two additional developments regarding its Global Lithium Extraction Technologies Inc. operations. (“Let“) joint venture focused on the development and commercialization of new low-cost processes(“technology”) for the extraction of lithium from spodumene concentrate.
Independent third-party verification that Medaro employs materials and chemistry labs (“McLean“) to validate the chemical reactions in the technology. The company hopes that the validation will further confirm previously published results of the technology’s ability to successfully achieve lithium recovery in excess of 99%. MCLinc provides expert consultation and specialized laboratory analysis to support industry forensics , materials characterization, environmental chemistry, uranium chemistry, mercury research, carbon fibers, nanoparticle technology and process optimization.
Pilot plant process flow diagram Medaro also hired Process Engineering International, LLC (“process”) to assist in the development of process flow diagrams (“PFD”). PROCESS is competent in fundamental aspects of process engineering – including but not limited to identifying available options for pursuing process goals, clarifying existing challenges and providing feasible solutions in process extensions, preparing process diagrams for conceptual and practical (PDF and P&ID) World plant design, developing process mass and energy balances, identifying required processing equipment and estimating processing costs.
Company President Faizaan Lalani stated: “We are pleased to be working with these well-known and experienced engineering and chemical analysis companies. Having MCLinc perform an independent third-party review will further enhance our confidence in the technology, while working with PROCESS will ensure our Achieving success at this planning stage of the pilot plant. We believe that working with these organizations will provide tremendous value, not only to Technology, but to Medaro and all of its shareholders.”
except board of directorsFezzan Lallanipresident
About Medaro Mining Corporation (CSE: MEDA) (OTC: MEDAF) (FWB: 1ZY) Medaro Mining is a Vancouver, British Columbia-based lithium explorer with options on the Superb Lake and Cyr South lithium mines in Thunder Bay, Ontario, located in The Yurchison uranium mine in James Bay, Quebec, the Rapide Li-Be mine in Abitibi, Quebec, the Lac La Motte lithium mine in Val D’Or, Quebec, and the Darlin lithium mine in Val D’Or, Quebec, Northern Saskatchewan. The company is also involved in the development and commercialization of new processes for extracting lithium from spodumene concentrate through its Global Lithium Extraction Technologies joint venture. For more information, please visit: https://medaromining.com/.
For more information, investors should review the corporate documents available at www.carder.com.
For more information, please contact:Investor Relations Email: [email protected]Phone: 604-256-5077 Website: https://medaromining.com/
forward-looking statementThis press release contains certain forward-looking statements, which are “forward-looking information” within the meaning of applicable securities laws. All statements that are not historical facts, including, but not limited to, statements about future estimates, plans, procedures, projections, predictions, objectives, assumptions, expectations, or beliefs about future performance, including statements about (i) technological developments, (ii) MCLinc’s validation of the technology, (iii) development of the PFD, (iv) development of the pilot plant, and (v) benefits of MCLinc’s and PROCESS’ participation are “forward-looking information”. These forward-looking statements reflect the expectations or beliefs of the company’s management based on information currently available. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed in the company’s filings with securities regulators from time to time, which could cause actual results to differ materially from those discussed in the forward-looking statements . Associated risks include the joint venture’s ability to develop the technology as planned within the expected time frame. These factors should be carefully considered and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, Except as required by applicable securities laws.
Source: Medaro Mining Company.