Madison Metals Inc. announces that Executive Chairman and CEO Duane Parnham has increased his position in the Company by 35% year to date, through open market purchases and private placements, at an average cost of CDN$0.33 per share. For more details, please refer to Madison's SEDAR+ profile at www.sedarplus.ca. "Madison's management continues [...]
Madison Metals Inc. is pleased to announce that Star Minerals Limited , a well managed Australian public company, has entered into a binding agreement with Madison to earn into Exclusive Prospecting Licence 8531 at Madison North near the world-renowned Rossing Uranium Mine in the Erongo Uranium Province, Namibia. Under the terms of the agreement [...]
Madison Metals Inc. is pleased to announce that the Ministry of Mines and Energy of Namibia has granted permission for nuclear fuels extraction to the Company's active Mining Licence 86A , the same licence within Madison West that hosts the past-producing Khan Copper Mine and the recent discovery of high-grade uranium intrusions. "I wish to extend [...]
Madison Metals Inc. is pleased to announce that the downhole probe and chemical results from the maiden drill program confirmed subsurface zones of uranium connected to high-grade surface results at the Khan Uranium Project at Madison West, located in the Erongo Uranium Province, Namibia. The Company is planning a new and extensive Phase II [...]
Madison Metals Inc. announces that Ryan Thompson has resigned from his position as Chief Strategy Officer, effective immediately. Mr. Thompson will continue to provide advisory services to management. "The board wishes to thank Mr. Thompson for his valuable contributions to Madison throughout his tenure as Chief Strategy Officer and the Company [...]
Madison Metals Inc. is pleased to announce that the Ministry of Mines and Energy of Namibia has granted a licence for base and rare metals, industrial minerals, and nuclear fuels for Exclusive Prospecting Licence 8905 , which lies at Madison West within Mining Licence 86A , the same licence area that hosts the Khan Copper Mine. This important [...]
Madison Metals Inc. is pleased to announce that it has completed its maiden drill program of nine holes of Reverse Circulation drilling at its Khan Uranium Project at Madison West, located in Namibia's Central Erongo Uranium province, and confirmed high-grade uranium deposits. Uranium mineralization was successfully intersected at depth in six of [...]
Madison Metals Inc. announces the termination of its uranium forward sales agreement with Sanmiguel Capital Investment Ltd. , an arm's length financial advisory firm assisting with the administration of uranium tokenization . To date, only 2,130 pounds of U3O8 priced at US$68 per pound has been purchased from initial uranium token sales. Madison [...]
Madison Metals Inc. is pleased to announce that Reverse Circulation drill hole KM5RC003 has intersected strong uranium mineralization over minable widths under trench area TR003 . The RC hole was positioned at 55-degree azimuth facing northeast intersecting four distinct uranium mineralized radiometric D-type leucogranites over 157 metres [...]
Madison Metals Inc. is pleased to announce that the maiden 2024 drill program has commenced at the Company's Khan Project at Madison West, located in Namibia's highly prospective Erongo uranium province. Photo 1: Work underway at Madison's Khan Uranium Project, Namibia. May 22, 2024. Photo 2: Work underway at Madison's Khan Uranium Project [...]
Madison Metals Inc. announces an amendment to its agreement with Great Northern Energy Inc. on Madison's Kenora Uranium Project. Under the revised terms, Madison Metals has agreed to extend the first-year expenditure commitments into the second year of the agreement. This extension requires Great Northern Energy to invest CDN $600,000 in [...]
Madison Metals Inc. is pleased to announce that it has entered into a media services agreement with Market One Media Group . Located in Vancouver and Toronto, Market One is a multiplatform media solution for the capital markets operating in editorial, video and digital media. The media message is distributed via broadcast, digital and social media [...]