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

MDM.V ·

Madoro is Saddened to Announce the Passing of Mr. David M. Jones

Management Changes

MADORO IS SADDENED TO ANNOUNCE THE PASSING OF MR. DAVID M. JONES

FOR RELEASE: DECEMBER 30, 2021 TSXV: MDM

OTC: MSTXF

WKN: A2QQ1X

Vancouver, BC, Canada - Madoro Metals Corp. (“Madoro” or the “Company”), 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 optioning and advancement of its properties in Oaxaca, Mexico. On behalf of the

entire Madoro team, we want to extend our deepest sympathies to Mr. Jones’ wife and family.

“David’s passing will be a loss on the entire industry,” said Dusan Berka, CEO of Madoro Metals.

“Over David’s 40-plus year career he was extremely successful, with several mines having been

discovered and developed based on his work. Aside from tremendous knowledge, David brought

with him passion, energy and drive, and he will be greatly missed by those who had the goo d

fortune of knowing and working with him.

Corporately, Madoro is committed to continue progressing the exploration work on its Mexican

properties. The accumulated land package was based on some of Mr. Jones’ geological theories and

showed considerable promise as he, and the Madoro geological team, systematically advanced the

properties. The Company will look to ensure the continuity of his work and the projects will be

advanced by those who worked with Mr. Jones for many years and shared in the success of

previous findings.

About Madoro Metals Corp.

Madoro Metals Corp. (MDM | TSX Venture Exchange; MSTXF | OTC) is a Mexico-focused precious

metals company actively engaged in exploration and development of three gold-silver projects in

the state of Oaxaca, Mexico. The Yautepec, Magdalena, and Rama de Oro projects each consist of

large epithermal systems that are highly prospective for precious metals in structural and geologic

settings like those of nearby producing mines. Systematic exploration has advanced two of the

projects towards drilling with the intention of discovering an economic mineral deposit.

ON BEHALF OF THE BOARD OF DIRECTORS

“DUŠAN BERKA”

Dušan Berka, P. Eng., President & CEO

For more information, please contact: Investor Relations via email at [email protected] ;

www.madorometals.com

#1450 – 789 West Pender Street

Vancouver, BC, Canada V6C 1H2

Tel: +1 (604) 681-1568

Email: [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 may contain forward-looking statements including but not limited to comment s

regarding timing and content of upcoming work programs, geological interpretations, receipt of property

titles, potential mineral recovery processes, etc. Forward-looking statements address future events and

conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially

from those currently anticipated in such statements. Madoro Metals Corp. relies upon litigation

protection for forward-looking statements.