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Mon, 06 Mar 2006 22:51:36 -0800
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
ADD MDEX (OTCBB: MDEX) TO YOUR RADAR NOW!
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
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
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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