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Medaro Mining signs LOI to acquire 100% of Sala Zinc-Silver Project in Sweden with strong resource potential.

Company Fundamentals
13 May 2026
Newsfile Corp
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Bullish
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Medaro Mining Corp. has signed a non-binding Letter of Intent to acquire up to 100% interest in the Sala Zinc-Silver Project in Sweden, which hosts an inferred mineral resource of 9.7 million tonnes grading 214g/t silver equivalent. The project is located in a historic mining district with significant zinc, silver, and lead mineralization and multiple growth targets. The acquisition will be staged through cash payments, share issuances, and exploration expenditures, with a definitive agreement expected by May 2026. This move positions Medaro to expand its portfolio with a promising polymetallic project in a top-ranked mining jurisdiction.

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