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Watch MDEX.PK trade on Tuesday - March 7, 2006 
OUR NEWEST PICK IS POISED – ADD MDEX TO YOUR RADAR NOW! 

Company Name: MADISON EXPLORATIONS, INC.
Stock Symbol: MDEX.PK
Last Trade: 0.38 (Up approx 20%)
Exchange: PINKSHEETS / OTCBB 

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Madison plans for drill program 
Friday March 3, 4:26 pm ET 

VANCOUVER, March 3 /PRNewswire-FirstCall/ - Madison Explorations Inc. 
("Madison" or the "Company") (MDEX: OTC other) is pleased to report that it is 
in the initial stages of planning for a drill program on its Val Marie and 
Bronco properties. 

Each of the three targets are in areas that are abundant in diamond indicator 
minerals, and occur in a region defined by the Saskatchewan Geological Survey 
as being high in potential for diamonds. Recent Keating analysis of each of the 
drill targets yielded positive results with each target containing Keating 
correlation coefficient anomalies. 

Planning for the drill program has now begun with property permissions and 
permitting. Dates will be released in the future dependant on securing a 
drilling contractor and weather conditions on the properties. 

The Bronco and Val Marie properties are in Southern Saskatchewan near the town 
of Val Marie, approximately 400 km southwest of the Star Kimberlite - Fort a la 
Corne. 

Madison has previously provided Echo Resources Ltd. (ECHR: OTC) a 15% interest 
in the Bronco property until September 30, 2006 in consideration of $50,000. 

Madison Explorations, Inc. is a progressive mineral exploration company 
focusing on the discovery of diamonds. The Company has a portfolio of three 
highly prospective diamond properties located in one of Canada's newest diamond 
exploration regions in Southern Saskatchewan. 

ABOUT MADISON EXPLORATIONS, INC.
Madison Exploration, Inc. is a Nevada Incorporated mineral exploration company. 
 The Management of the company reviewed several exploration programs before 
acquiring the interest a group of properties in Southern Saskatchewan .  
Through its 100% owned Canadian subsidiary (Scout Resources Inc.), Madison is 
party to an agreement to acquire an 80% interest in the claims. Madison 
Exploration has several distinct advantages in its quest.  With several years 
of regional work gained in our area, we plan on continuing our exploration with 
specific targets of interest that have been developed. 

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