Wipe OutMadison reports drill results from Val Marie
2006-08-14 16:01 ET - News Release
VANCOUVER, Aug. 14 /PRNewswire-FirstCall/ - Madison Explorations Inc. ("Madison" or the "Company") is pleased to report on its results from its drill program at Val Marie.
Drilling took place on two high priority targets on the Val Marie property and core has been analyzed, as follows:
Val Marie 3 was drilled to a depth of 454 feet, penetrating glacial till and Bearpaw shale. Core samples of Bearpaw shale were notable for their content of bright, shiny flakes of biotite and small grains of magnetite - both igneous minerals.
Val Marie 2 was drilled to a depth of 210 feet. Below the cover of glacial till, a series of interbedded sands and shales contain abundant igneous minerals: fresh angular grains of plagioclase, alkali feldspar, quartz, hornblende, pyroxene, garnet, sphene, magnetite and other opaque minerals and wte, highly kaolinized shale beds contained biotite flakes.
The core samples provide valuable data for evaluating our methods to distinguish diatremes from pyroclastic deposits and complex structures which contain both.
Dr. David Baker of Little Belt Consulting Services was on site and reviewed and logged the drill core for the company.
The Company will use the detailed core log analysis in its planning for exploration at several of its regional claim groups.
Madison Explorations, Inc. is a progressive mineral exploration company focusing on the discovery of diamonds. The Company has a portfolio of highly prospective diamond properties located in one of Canada's newest diamond exploration regions in Southern Saskatchewan.
On behalf of Madison Explorations Inc.
Kevin Stunder Joel Haskins
President and Director Chairman and Director
Safe Harbour Statement:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
CONTACT: please contact the Company @ (604) 974-0568
Madison Explorations Inc.
CONTACT: please contact the Company @ (604) 974-0568