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Madi Minerals Provides Update ON Georgina Program

Corporate Updates

MADI MINERALS LTD.

201-10 Wanless Ave Toronto, ON M4N1V6

MADI MINERALS PROVIDES UPDATE ON GEORGINA PROGRAM

Vancouver, British Columbia, December 14 , 2022: Madi Minerals Ltd. (the "Company" or "Madi")

(CSE: MADI ) is pleased to provide an update to its exploration program on the Georgina Au- Cu-V

Project. The Georgina Property consists of one mineral claim covering an area of 2,069 ha approximately

20 km south of the coastal town of Sayward; 105 km north of Campbell River on Vancouver Island, within

the Nanaimo Mining Division.

Madi Minerals Ltd. has completed the Phase 2 exploration programme on the Georgina Property by the

collected 412 soil samples,19 rocks and 42 pit samples.

The soil grid was extended which resulted in the discovery of several individual soil anomalies of 686

ppb Au, 560 ppm Cu, and 505 ppm V. Additionally, two new copper - gold discoveries were made, one

in the southwestern portion of the property and one in the southeastern portion of the property.

Rock samples from the southeastern zone returned highs of 20 ppb Au and 2.32% Cu from outcrop

samples whilst soil samples from the southwestern grid returned highs of 65.1 Au and 373 ppm V.

Horizon pit sampling on previously identified gold and copper anomalies has returned high gold values

of 1370 ppb, 1580 ppb and 2000 ppb respectively.

Derrick Strickland, P. Geo. (1000315), has reviewed and approved the technical content of this news

release.

About Madi Minerals Ltd.

Madi Minerals Ltd. is engaged in the business of mineral exploration and the acquisition of m ineral

property assets in North America for the benefit of its stakeholders.

For more information, please refer to the Company's prospectus dated March 18, 2022, a vailable on

SEDAR (www.sedar.com).

On Behalf of the Board of Directors

Ross Mittgang

CEO, Director

Email: [email protected]

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts r esponsibility for the

adequacy or accuracy of this news release