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MEDA.CN ·

Medaro Mining Commences Exploration Program at Bastnäs Project

Corporate Updates

Medaro Mining Commences Exploration

Program at Bastnäs Project

Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) -

Medaro Mining Corp. (CSE: MEDA)

(OTCID: MEDAF) (FSE: 1ZY) ("Medaro" or the "Company")

is pleased to announce the

commencement of its geological exploration program at the Company's Bastnäs project (the "Project")

in Sweden.

Field crews have mobilized to site and exploration activities are now underway. The program is focused

on advancing the Company's understanding of the Project's rare earth element ("REE"), copper, cobalt,

gold and base-metal potential through systematic fieldwork and targeted data acquisition.

Current activities include geological mapping, prospecting and sampling, with work directed toward

evaluating priority areas identified through historical information and regional geological interpretation.

The exploration program is intended to generate geological observations and analytical data to refine

and prioritize targets and support planning for potential follow-up work.

About Medaro Mining Corp.

Medaro is a mineral exploration company focused on the acquisition and advancement of high-quality

mineral projects in Ontario, Quebec and Sweden. The Company's strategy is to build shareholder value

through systematic exploration, disciplined project evaluation, and responsible development.

For more information, investors should review the Company's public filings available at

www.sedarplus.ca

.

On Behalf of the Company

Mark Ireton

Chief Executive Officer & Director

Medaro Mining Corp.

220 - 333 Terminal Avenue

Vancouver, BC V6A 4C1

[email protected]

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy

or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively,

"forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-

looking statements in this news release include, but are not limited to, statements regarding the

exploration activities, objectives and anticipated outcomes of the exploration program at the Bastnäs

project.

Forward-looking statements are based on management's reasonable assumptions, expectations and

estimates as of the date of this news release and involve known and unknown risks, uncertainties and

other factors that may cause actual results or events to differ materially from those expressed or implied

by such statements. Readers are cautioned not to place undue reliance on forward-looking statements.

The Company does not undertake to update or revise any forward-looking statements except as

required by applicable securities laws.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/289446