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Wednesday, 02/23/2005 10:16:27 AM

Wednesday, February 23, 2005 10:16:27 AM

Post# of 29858
Kevin Stunder

Drilling to commence at Scout Lake
Monday February 21, 1:00 pm ET


VANCOUVER, Feb. 21 /PRNewswire-FirstCall/ - Madison Explorations Inc. ("Madison" or the "Company") (MDEX: OTC other) is pleased to report that drilling has commenced at Scout Lake.
Madison has five high priority targets at Scout Lake after an extensive ground program consisting of indicator sampling, ground magnetics, and a Mobile Metal Ions (MMI) survey.

The drill program will take approximately 10 days to execute, results will be announced pending analysis of the drill core.

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.

For further information please contact the Company at 1-888-650-9924 or visit: http://www.madisonexploration.com/

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.