Madoro Metals Corp. is pleased to announce that it has entered into an option agreement to acquire a 100% interest in the 213 claim, 12,325 hectare First Green Lithium Project located in the rapidly emerging Cadillac-Pontiac lithium camp in the Abitibi Témiscamingue region, approximately 75 kilometres southwest of Val-d'Or, Québec . Dusan Berka [...]
Madoro Metals Corp. regretfully announces the passing of its Manager of Exploration and Director, Mr. David M. Jones. Mr. Jones had over 40 years' experience as a geologist with a particular focus on Mexico where his work successfully led to the discovery of several mines. It was on the basis of Mr. Jones' work that led to Madoro's original [...]
Madoro Metals Corp. is pleased to announce results from a limited program of uranium-lead age dating on selected caldera-system rocks from the region of its active exploration programs in the state of Oaxaca. The study was undertaken to better quantify the relative ages of rocks associated with gold, silver, and base metal mineralization at the [...]
Madoro Metals Corp. is pleased to provide an update on further exploration results from the southern portion of its Yautepec project. As described in a prior news release dated July 6, 2021, the Company recently discovered a 7-kilometer trend of previously unrecognized epithermal alteration and mineralization along the southern margin of the [...]
Madoro Metals Corp. is pleased to provide an update on recent exploration results from its Yautepec project. As per the Company's press release of April 22, 2021, Madoro added three new mining concessions covering the southern extension of its project based on the Company's exploration model for bonanza-grade Au-Ag polymetallic epithermal systems [...]
Madoro Metals Corp. is pleased to announce that it has formally filed with the Mexican Mines Department for three additional mining concessions abutting its Yautepec Project, in the State of Oaxaca, Mexico. "These new areas were identified through the systematic application of our exploration model," said David Jones, Exploration Manager and [...]
Megastar Development Corp. is pleased to confirm the effective date for the name and symbol change, as announced on January 21, 2021. There have been no changes to the company's capital structure. Effective at the opening on Monday, March 29, 2021, the shares of the Company will commence trading on the TSX Venture Exchange under the name "Madoro [...]
Megastar Development Corp. announces that its Board of Directors has approved a name change to Madoro Metals Corp., subject to approval from the TSX Venture Exchange. Management believes the new name better reflects the focus of the Company as a Mexican-centric explorer, pursuing opportunities around the Sierra Madre de Oaxaca for precious metals [...]
Megastar Development Corp. announces the results of its 2020 Annual General Meeting of shareholders held on Wednesday, December 30, 2020. Shareholders approved all the resolutions detailed in the management information circular of the Company dated December 1, 2020, namely: Fixing the number of the Board of Directors at six and electing all of [...]
Megastar Development Corp. is pleased to report that after limited access to its properties as a result of the Covid-19 pandemic, its geologic team is back on the ground in Oaxaca following up on its encouraging initial exploration work since the reopening of the region. As well, the team is exploring additional prospective areas in the proximity [...]
Megastar Development Corp. announces that it has amended the option agreements whereby the Company may acquire a 100% undivided interest in the Rama de Oro, Magdalena and Yautepec projects, located in the state of Oaxaca, Mexico, by extending the due dates for the exploration expenditures on each Project. The Rama de Oro expenditure commitment of [...]
Megastar Development Corp. is pleased to announce that it has closed a non-brokered private placement financing in the amount of $926,800. Under the terms of the Placement, Megastar has issued 11,585,000 units at a price of $0.08 per unit. Each Unit comprises one common share in the capital of the Company and one-half of one non-transferable share [...]