Northwire Canada EditionTuesday, July 28, 2026
Northwire
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Medaro Mining begins geological exploration at Bastnas

MEDA · Price

Executive Summary

  • Medaro Mining Corp. has officially commenced its geological exploration program at the Bastnas project located in Sweden.
  • Field crews have mobilized to the site, initiating systematic fieldwork and targeted data acquisition to evaluate the project's potential for rare earth elements (REE), copper, cobalt, gold, and base metals.
  • The initial phase of exploration focuses on geological mapping, prospecting, and sampling to refine targets and support planning for future follow-up work based on historical data and regional geological interpretation.

Key Details

  • Project Location: Bastnas project, Sweden.
  • Target Commodities: Rare earth elements (REE), copper, cobalt, gold, and base metals.
  • Current Activities:
    • Geological mapping.
    • Prospecting.
    • Sampling.
  • Strategic Objective: To generate geological observations and analytical data to refine and prioritize targets, supporting planning for potential follow-up exploration work.
  • Basis for Targeting: Work is directed toward evaluating priority areas identified through historical information and regional geological interpretation.
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