15:29:30 EST Tue 20 Jan 2026
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or Name
USA
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Madoro Metals Corp.
Symbol MDM
Shares Issued 91,046,716
Close 2026-01-19 C$ 0.04
Market Cap C$ 3,641,869
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ORIGINAL: Madoro Initiates Airborne Magnetic Survey Over First Green Mineral Project In Quebec's Emerging Decelles Lithium Camp In Collaboration With Neighbouring Narrow River Resources

2026-01-20 08:01 ET - News Release

(via TheNewswire)

Madoro Metals Corp.
  

January 20, 2026 – Thenewswire - VANCOUVER, British Columbia  – Madoro Metals Corp. (“Madoro” or the “Company”), a mineral exploration company primarily focused on hard rock lithium and critical-mineral projects in Quebec, Canada is pleased to announce that it has signed a contract with Prospectair Geosurveys Inc. of Gatineau, QC to complete an airborne magnetic survey over the Company’s First Green Lithium mineral project in the Decelles lithium camp in the Abitibi Témiscamingue region, approximately 75 kilometres southwest of Val-d’Or, Quebec.

 

To obtain a larger, regional picture and avoid duplication of effort, Madoro is collaborating with its neighbour to the south-east, Narrow River Resources Pty Ltd. (“NRR”) of Australia, whose Quebec mineral project is contiguous with Madoro’s First Green Lithium mineral project. The combined survey will cover an area of approximately 387 square kilometres and will allow both companies to examine regional structural trends and lithological contrasts that will be important in interpreting geological conditions favourable for the occurrence of lithium-bearing pegmatites and other critical-minerals.

 

“Quebec has gained a well-deserved reputation for hard rock lithium discoveries, with several being of a world class scale,” said Brian Ostroff, Executive Chairman of Madoro.  “The emerging Decelles Camp has shown some preliminary successes but, as of yet, has not been widely explored.  The forthcoming airborne survey will allow us to further our preliminary work on our mineral project and by collaborating with our neighbour, NRR, it will provide the ability to cover a much larger area, share the information and allow both companies to generate specific areas of interest to target further exploration and drilling.”

 

The First Green Lithium and NRR mineral projects lie directly north and adjacent to the Tansim mineral project held by Elevra Lithium Limited (ASX:  ELV) (previously Sayona Mining) and southwest of the Decelles mineral project held by Power Metals Corp (TSX-V:  PVM).

   

Qualified Person

 

John Langton (P. Geo.), who is a Qualified Person (QP) as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects , has reviewed and approved the contents and technical disclosure in this press release.

  

About Madoro Metals Corp.

 

Madoro Metals Corp. (MDM | TSX Venture Exchange; MSTXF | OTC; A2QQ1X | Frankfurt) is an emerging resource company engaged in the evaluation, acquisition, and exploration of mineral projects in Canada and Mexico. Madoro holds an Option to acquire 100% interest in the First Green Lithium mineral project located in the emerging Decelles lithium camp in the Abitibi Témiscamingue region, approximately 75 kilometres southwest of Val-d’Or, Québec; a 50% interest in the Ralleau mineral project in the Urban Barry District, Lebel-sur-Quévillon area of Quebec; and a 100% interest in the Cerro Minas mineral project in Oaxaca, Mexico. For further information, investors and shareholders are invited to visit the Company’s website at www.madorometals.com, call the office at 1-604-681-1568, toll free at 1-877-377-6222, or send an email to info@madorometals.com .

  

ON BEHALF OF THE BOARD OF DIRECTORS

 

“ BRIAN OSTROFF ”

 

Brian Ostroff, Executive Chair & Director

bostroff@madorometals.com

  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation. Forward-looking statements are statements that are not historical facts, and by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties.

There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as required by law or the policies of the TSX Venture Exchange. Readers are encouraged to review the Company’s complete public disclosure record on SEDAR+ at www.sedarplus.ca .

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