- CEO
- Dusan Berka
- Full Time Employees
- 5
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 789 West Pender Street Vancouver BC Canada V6C 1H2
- IPO Date
- Oct 15, 1997
- Business
- Madoro Metals Corp. is a Canada-based precious metals exploration company focused on the acquisition, evaluation, exploration, and development of mineral properties in Mexico and Canada. The company holds interests in several gold-silver projects in Oaxaca, Mexico, including the Yautepec Project featuring epithermal and skarn-style mineralization with high-grade gold, silver, and polymetallic elements (Au-Ag-Cu-Pb-Zn); the recently expanded Cerro Minas Property, an inlier to Yautepec covering 5 kilometers of prospective caldera margin ground; the Magdalena Project; and the Rama de Oro Project; as well as the Ralleau VMS Project in Quebec's Urban Barry District, held 50/50 with Deeprock Minerals Inc., and the First Green Lithium Project in the Cadillac-Pontiac lithium camp near Val-d'Or, Quebec. Operations target epithermal gold-silver veins, polymetallic skarns, volcanogenic massive sulfide deposits, and emerging lithium pegmatites, serving institutional and retail investors in the junior mining sector across North America. Founded in 1984 and headquartered in Vancouver, British Columbia, the company, formerly Megastar Development Corp., rebranded to Madoro Metals in March 2021. Recent developments include exercising the option in May 2024 to acquire 100% interest in the Cerro Minas Property, expanding Yautepec land holdings; amending the First Green Lithium option agreement in January 2024 with reduced cash payments; announcing a fully-allocated private placement financing in April 2024; and appointing a new Chief Financial Officer in April 2024, alongside ongoing exploration successes such as sampling up to 1.2 kg/t silver and 3.97 wt% copper in polymetallic skarn at Yautepec.