Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Madoro starts airborne magnetic survey in Decelles

MDM · Price

Executive Summary

  • Madoro Metals Corp. has contracted Prospectair Geosurveys Inc. to conduct an airborne magnetic survey over its First Green lithium mineral project in Quebec’s Decelles lithium camp.
  • The survey is being conducted in collaboration with neighboring Narrow River Resources Pty. Ltd. to cover a combined area of approximately 387 square kilometres, aiming to identify regional structural trends and lithological contrasts favorable for lithium-bearing pegmatites.
  • The initiative aims to generate specific targets for future exploration and drilling, leveraging the emerging reputation of the Decelles camp for world-class hard rock lithium discoveries.

Key Details

  • Survey Contractor: Prospectair Geosurveys Inc. (Gatineau, Que.).
  • Project Location: First Green lithium mineral project, Decelles lithium camp, Abitibi Temiscamingue region, Quebec (approx. 75 km southwest of Val d'Or).
  • Collaboration Partner: Narrow River Resources Pty. Ltd. (NRR), whose Quebec mineral project is contiguous to Madoro’s First Green project.
  • Survey Scope: Combined airborne magnetic survey covering approximately 387 square kilometres.
  • Objective: To obtain a larger regional picture, avoid duplication of effort, examine regional structural trends and lithological contrasts, and identify areas favorable for lithium-bearing pegmatites and other critical minerals.
  • Strategic Context: The Decelles camp is described as emerging with preliminary successes but not widely explored; the survey supports further preliminary work and target generation for drilling.
  • Neighboring Projects: First Green lies north/adjacent to Elevra Lithium Ltd.’s (ASX: ELV) Tansim project and southwest of Power Metals Corp.’s (TSX.V: PVM) Decelles project.
  • Qualified Person: John Langton (PGeo), reviewed and approved technical disclosure per National Instrument 43-101.

Notable Quotes

  • "Quebec has gained a well-deserved reputation for hard rock lithium discoveries, with several being of a world-class scale," said Brian Ostroff, executive chairman of Madoro. "The emerging Decelles camp has shown some preliminary successes but, as of yet, has not been widely explored. The forthcoming airborne survey will allow us to further our preliminary work on our mineral project and by collaborating with our neighbour, NRR, it will provide the ability to cover a much larger area, share the information and allow both companies to generate specific areas of interest to target further exploration and drilling."
Read the original news release →

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