Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

MDM.V ·

Madoro Initiates Airborne Magnetic Survey over First Green Mineral Project IN Quebec’S Emerging Decelles Lithium CAMP IN Collaboration with Neighbouring Narrow River Resources

Exploration Programs Partnerships & JV

Suite 1450 – 789 West Pender Street, Vancouver, BC, Canada V6C 1H2

Tel.: (604) 681-1568, Fax: (604) 681-8240, TF: 1-877-377-6222

www.madorometals.com

TSXV: MDM | OTC: MSTXF

WKN: A2QQ1X

MADORO INITIATES AIRBORNE MAGNETIC SURVEY OVER FIRST

GREEN MINERAL PROJECT IN QUEBEC’S EMERGING DECELLES

LITHIUM CAMP IN COLLABORATION WITH NEIGHBOURING

NARROW RIVER RESOURCES

FOR RELEASE: January 20, 2026

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 m ineral 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 m ineral 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, N RR, 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 project s 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: PWM).

Qualified Person

John Langton (P. Geo.), who is a Q ualified 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 pro ject in the Urban Barry District, Lebel -sur-Quévillon area of

Quebec; and a 100% interest in the Cerro Minas mineral p roject 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 [email protected].

ON BEHALF OF THE BOARD OF DIRECTORS

“BRIAN OSTROFF”

Brian Ostroff, Executive Chair & Director

[email protected]

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.