Medaro Mining files two provisional patent applications for a technology to extract lithium from hard rock

Patent-pending technology

April 6, 2023 – Vancouver, BC /IRW Press/ – Medaro Mining Corp. (CSE: MEDA) (OTC: MEDAF) (FSE: 1ZY) (“Medaro” or the “Company”), a diversified venture company focused on developing an innovative lithium exploration method on its Canadian hard rock lithium extraction property, is pleased to announce the Filing of two provisional patent applications (PPAs) for its spodumene processing technology (“Technology”).

Lithium is a key component in electric vehicle batteries, which are gaining popularity as the world transitions to clean energy. However, the current methods of extracting lithium from spodumene in the world’s scattered ore deposits of lithium-rich pegmatites are expensive and not environmentally friendly.

Medaro’s technology, which has been in development for nearly two years, addresses these challenges by making the lithium extraction process more efficient and reducing environmental impact. This technology relies on a combination of physical and chemical steps to extract both lithium and aluminum from spodumene in a highly efficient and environmentally friendly manner. Here are the main features of the technology:

It is used for rapid production of high purity lithium carbonate and/or lithium hydroxide monohydrate from spodumene concentrations with very different Li2O contents.

– Requires only three starting materials (spodumene concentrate, carbon dioxide and water).

It is compact, modular and highly scalable, also suitable for use in remote areas.

Commercial grade aluminum hydroxide/oxide is produced as a salable by-product.

– It can only be powered by green electricity.

– The closed internal recycling concept reduces overall processing time and costs and generates low amounts of environmental waste.

Taking all these aspects into consideration, this technology can reduce the total cost of spodumene treatment by at least 30% to 50%.

“We are very pleased to have filed patent applications for this revolutionary technology,” said Faizan Lalani, President of Medaro. “Our team is working tirelessly to develop a solution that will make the extraction of lithium from spodumene more sustainable. We believe this technology is an important step in that direction.”

The technology has been successfully tested on a lab scale, and Medaro is currently finalizing plans to build its first pilot plant in the United States. In addition, the company is also exploring opportunities to partner with other mining companies in various fields that will benefit the progress of lithium mining.

to the board of directors,

Faizan Lalani

Chairman and Director

About company

The company is a lithium exploration company headquartered in Vancouver, British Columbia with options in the Darlene, Rapide, Lac Lamotte and CYR South lithium properties in Quebec and the Urcheson uranium properties in the Athabasca Basin in Saskatchewan. The Company is party to a joint venture agreement whereby the Company develops and commercializes a new process for recovering lithium from spodumene concentrates.

Investors interested in learning more are referred to the Medaro filings at www.sedar.com.

Forward-looking statements

This press release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including, but not limited to, statements about future estimates, plans, programs, projections, expectations, goals, assumptions, expectations, or beliefs about future performance, including statements about performance appraisal agreements , technology characteristics, technology potential to reduce the overall cost of spodumene processing, technology that will make recovery of lithium from spodumene more sustainable, completion of plans to build Medaro’s first pilot plant in the United States, and exploration of partnerships with other mining companies, are “forward-looking statements”. These forward-looking statements reflect the expectations or beliefs of the Company’s management based on information currently available to them. Forward-looking statements are subject to a number of risks and uncertainties, including those discussed in the Company’s filings with securities regulators from time to time, that could cause actual results to differ materially from those projected in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this press release are made as of the date of this press 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 as it is required by securities laws. applicable.

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