Post by
AngryStaker on Aug 01, 2006 2:21pm
Keating correlation coefficient
Madison completes drilling at Val Marie
2006-07-31 09:30 ET - News Release
VANCOUVER, July 31 /PRNewswire-FirstCall/ - Madison Explorations Inc. ("Madison" or the "Company") is pleased to report that it it has completed drilling on its Val Marie Property.
Drilling took place on 2 of 5 high priority targets on the Val Marie property and core samples are now being examined for mineralization. Results of the analysis will be released shortly.
Each of the targets for the current program are in an area that is abundant in diamond indicator minerals, and occur in a region defined by the Saskatchewan Geological Survey as being high in potential for diamonds.
Recent geophysical analysis of each of the drill targets confirmed the anomalous features by Keating correlation coefficient anomalies at each location.
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