Medaro Mining Corp. reports positive magnetic survey results at Bastnäs Project in Sweden

Medaro Mining Corp. announced the results of a high-resolution, low-elevation drone magnetic survey completed at its Bastnäs Project in central Sweden. The survey identified multiple magnetic high structures correlating with historical iron ore mines and strongly defined magnetic high lineaments across the project area. The magnetic response is relevant given the historical mining of magnetite and known occurrences of copper, gold, and rare earth element mineralization in iron-rich magnetite horizons.

The survey produced a detailed magnetic dataset providing information on the geological structure and distribution of prospective mineralized zones at the Bastnäs Project. This information is significant because the area has extensive historical mining activity and known occurrences of valuable minerals.