Mr. Michael Mulberry reports

MEDARO'S JV PARTNER ROCK EDGE RESOURCES ANNOUNCES SAMPLE RESULTS FROM THE 2023 FIELD PROGRAM AT SUPERB LAKE

Medaro Mining Corp. has released, through its joint venture partner Rock Edge Resources Ltd., the results from the 2023 field program (see Aug. 10, 2023, news release) on the Superb Lake property, situated in Northwestern Ontario.

These analytical results confirmed the potential of the spodumene-bearing trend located on the property as described in Rock Edge's news release on June 18, 2023.

The trend is defined by four separate exposed pegmatite outcrops, three of which have confirmed spodumene. These four outcrops follow an east-west trend over 125 metres with apparent width ranging from 0.80 m to 3.70 m wide with open width as only one contact is exposed at a time. The trend stays open on both extremities with the widest outcrops disappearing in the O'Sullivan Lake.

Five samples were collected on the four outcrops of the trend with results confirming the fertility of the trend, three samples grading Li2O (lithium oxide) values over 0.80 per cent. The five samples returned significant tantalum values, ranging between 184 and 320 parts per million Ta2O5 (tantalum pentoxide).

The Superb Lake property encompasses approximately 2,378 hectares in the O'Sullivan Lake/Maun Lake area of the Thunder Bay mining district of Northwestern Ontario, Canada. Geologically, the property is situated in the eastern part of Wabigoon subprovince of the Superior geological province. The Superb Lake area has historical exploration carried out since the 1950s with the discovery of lithium along the shores of Superb Lake. The discovery outcrop was reported to have a minimum outcrop exposed length of 16 m, while its exposed width varies from 2.50 m to a maximum of 3.70 m. In 2020, four samples collected from a spodumene-rich part of the dike returned 1.77 per cent to 4.03 per cent Li2O.

Qualified person

Afzaal Pirzada, PGeo, a qualified person for the purposes of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About Medaro Mining Corp.

The company is a lithium exploration company based in Vancouver, B.C., and holds options over the Superb Lake lithium property located in Thunder Bay, Ont.; Lamotte, Darlin, Rapide, Pontax and the CYR South lithium properties in Quebec; and the Yurichson uranium property in the Athabasca basin, Saskatchewan. The company is a party to a joint venture agreement that engages the company in the development and commercialization of a new process to extract lithium from spodumene concentrate.

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