Adamera Minerals Corp.

Published : August 03rd, 2016

Adamera Minerals initiates 2016 Exploration Program at Oversight

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Keywords :   Georgia | Gold | Target |

Adamera Minerals initiates 2016 Exploration Program at Oversight

Vancouver, British Columbia, August 2, 2016 - Adamera Minerals Corp. (TSX-V: ADZ)
announces that it has started the 2016 exploration program on it Oversight property in Washington State. Soil sample collection is underway and analysis of more than 700 previously collected samples will commence shortly. Additional samples collected over a geophysical / geochemical anomaly announced on June 9th 2016 will help determine drill hole locations to test the target.

'We are focused on upgrading several high priority targets for drilling later in the season. This program is driven by our new geological model and in addition to advancing our current targets, we anticipate developing several new targets' says Mark Kolebaba, President and CEO of Adamera Minerals.

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 mining/exploration company in the area through discovery.

On behalf of the Board of Directors,

Mark Kolebaba
President & CEO

For additional information please contact:

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.

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Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Adamera Minerals Corp.

CODE : ADZ.V
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Adamera Minerals is a exploration company based in Canada.

Adamera Minerals is listed in Canada. Its market capitalisation is CA$ 6.3 millions as of today (US$ 5.0 millions, € 4.4 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.

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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...
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