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MADISON REPORTS GROUND MAGNETIC SURVEY RESULTS
Vancouver , British Columbia - Madison Explorations Inc. (“Madison” or the “Company”) ( MDEX : OTC other) is pleased to report the completion of a highly detailed ground Magnetic Survey on the Scout Lake Property.
A ground magnetic survey was conducted over the Scout Lake property in July, 2004 and completed in September, 2004 by Discovery Int'l. Geophysics Inc. The survey was done with a Scintrex Omni Plus using a Scintrex Omni IV for base station diurnal corrections. A total of 41 line-km. was completed. The raw data was processed to remove culture, spikes and a regional gradient.
The resulting data imaged the magnetic response from the interpreted dyke successfully showing more detail and some additional structures which may also be dykes.
After a study of the ground magnetic survey and integration with MMI geochemical data and heavy mineral samples, four sites were selected for test drilling. Drilling companies are now being researched and permit applications are in preparation. It is expected that drilling will commence in November.
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 . Madison 's drill program is set to begin in October 2004 and will include drilling on two of the Companies properties, making the Company well positioned for discovery.
For further information please contact Kevin Stunder or Joel Haskins @ 604-974-0568
On behalf of Madison Explorations, Inc. :
Kevin Stunder
President and Director
Joel Haskins
Chairman and Director
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