Adamera Minerals Corp.

Published : October 14th, 2015

Adamera Improves Targeting for High-Grade Gold In Washington State - Moves to Acquire Additional Lands

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Facebook | Georgia | Gold | Standard | Target |

Adamera Improves Targeting for High-Grade Gold In Washington State - Moves to Acquire Additional Lands

Vancouver, BC, October 14, 2015 - Adamera Minerals Corp

(ADZ-TSX: V) A detailed analysis of the gold deposits in the vicinity of Adamera's Oversight property in the Cooke Mountain Mining Camp, Washington State, has defined several key geological features that appear to be important controls for high-grade gold mineralization. These features not only enhance Adamera's drill targets on the Oversight property, but define new targets on a regional scale on Adamera's Lambert Creek property and on lands to be acquired.

'This is a significant development for Adamera as it demonstrates the potential for multiple deposits and most importantly, opens the door for the discovery of deposits of significant size,' says Mark Kolebaba, President and CEO of Adamera Minerals.

The recognition of geological features provides an innovative approach for targeting high-grade gold mineralization in the area. Some of the the key features include:

  1. Mineralized Contact - high-grade mineralization preferentially occurs on a specific tracable geological contact.
  2. Feeder Structure - specific structural trends host feeder zones associated with high-grade gold.
  3. Breccia - mineralization is associated with the development of significant brecciation.
  4. Alteration - mineralization is associated with a particular recognizable type of hydrothermal alteration.

As a result of extensive geological mapping and detailed drill log analysis, the Company has identified crucial stratigraphic positions key to determining if the preferentially mineralized contact is above or below a specific given site. This significantly advances Adamera's targeting methodology.

Importantly, target refinement can be accomplished using low-cost exploration techniques, including geological mapping, standard geophysics and conventional geochemistry.

As background, the Oversight and Lambert Creek properties are located in the Cooke Mountain Mining District where approximately one million ounces of gold have been mined from high-grade deposits. Both the Oversight and Lambert Creek properties are adjacent to and host areas of past production and are strategically located within 6 km of an operating gold mill (Kettle River Mill - Kinross Gold).

B.H. Kahlert, P.Eng a Qualified Person as defined by National Instrument 43-101 has reviewed the data in this release with the exception of any historical data. The historical data is from private reports and has not been verified by the Company, however, it appears to have been completed under standard best practices consistent with the time and appears to be of reasonable quality.

Adamera is active on social media and invite you to follow us on twitter @ADZ_Adamera and facebook facebook/adameraminerals.

About Adamera

Adamera Minerals Corp. is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in northeastern Washington State. The Company's strategy is to fast-track the discovery to production process by exploring close to a mill in need of ore. Adamera is exploring several projects with a goal to become the dominant exploration company in the area and to be positioned for M&A activity.

On behalf of the Board of Directors,

Mark Kolebaba
President & CEO

For additional information please contact:

Heather Kays
Manager, Corporate Communications
Tel: (604) 689-2010

Fax: (604) 484-7143
Email: [email protected]
Website: www.Adamera.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Adamera Minerals Corp.

CODE : ADZ.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Adamera Minerals is a exploration company based in Canada.

Adamera Minerals is listed in Canada. Its market capitalisation is CA$ 6.8 millions as of today (US$ 5.4 millions, € 4.8 millions).

Its stock quote reached its highest recent level on May 05, 2017 at CA$ 0.24, and its lowest recent point on November 22, 2019 at CA$ 0.02.

Adamera Minerals has 104 750 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Project news of Adamera Minerals Corp.
8/24/2016Adamera Minerals Starts Work Program on Lambert Creek Proper...
Corporate news of Adamera Minerals Corp.
8/3/2016Adamera Minerals initiates 2016 Exploration Program at Overs...
7/28/2016$360,000 Top-up to Adamera's Treasury as Warrants are Exerci...
7/7/2016Adamera Announces Shares for Debt Settlement has Completed
6/27/2016Adamera Minerals' CEO Mark Kolebaba Interviewed by The Gold ...
6/20/2016Adamera Minerals Closes Non-Brokered Financing
6/15/2016Adamera Minerals Announces Non-Brokered Private Placement Fi...
6/9/2016Adamera Defines High Priority Target Near Overlook Deposit
5/16/2016Adamera Minerals Closes Non-Brokered Financing
1/27/2016Adamera Amends Warrants
1/27/2016Adamera Closes First Tranche of Non-Brokered Private Placeme...
1/5/2016Adamera Minerals Announces Non-Brokered Financing
12/30/2015Adamera Minerals Corporation - 2015 Year End Update
10/14/2015Adamera Minerals Update
10/14/2015Adamera Improves Targeting for High-Grade Gold In Washington...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (ADZ.V)
0.065+0.00%
TSX-V
CA$ 0.065
08/15 10:30 -
0%
Prev close Open
0.065 0.065
Low High
0.065 0.065
Year l/h YTD var.
0.045 -  0.080 30.00%
52 week l/h 52 week var.
0.045 -  0.080 18.18%
Volume 1 month var.
60,000 18.18%
24hGold TrendPower© : 22
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2022-27.78%
2021-10.00%0.120.08
2020185.71%0.160.02
2019-46.15%0.080.02
2018-31.58%0.200.04
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.10+2.75%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.26-1.31%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 3.18-4.79%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.58+0.34%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.14+45.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.70+0.37%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 7.06-5.61%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.26+2.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.34+4.55%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.86-8.82%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 64.14+0.88%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03-8.33%Trend Power :