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Gold/Mining/Energy : Canadian Rocket Red's Picks

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To: PaperPerson who wrote (9019)	9/22/2006 12:40:32 PM
From: Rocket Red	Read Replies (1) of 19697

DRILLING UPDATE – LEWIS PROPERTY, NEVADA DRILL PROGRAM EXPANDED TO 50,000 FOOT MINIMUM Madison Minerals Inc. (TSX-V: MMR) is pleased to provide a drilling update on its Lewis Property in Landner county, Nevada. The Lewis Property is directly contiguous to the 8.5 million ounce Phoenix-Fortitude gold mine property of Newmont Mining Corporation. To date, Layne Christensen Drilling Company has completed 25 diamond drill holes totalling just over 15,000-feet of the original 22,000-foot proposed exploration program. The majority of holes completed during this drilling phase are both lateral and along strike step-outs from previous Madison drilling along the Virgin Structural Zone. Results are pending and will be released once available. In addition, a series of NW oriented structural splays associated with the Virgin Structural Zone are also being targeted. Previous Madison drill hole MAD-5 tested one of these NW splays near its intersection with the Virgin Structural Zone returning a 105-foot interval grading 0.512 oz/t gold, (17.5 g/t gold over 32 metres).

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