Adamera Minerals Corp.

Published : August 24th, 2016

Adamera Minerals Starts Work Program on Lambert Creek Property

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Keywords :   Canada | Evaluation | Gold | Gold Mines | K Street | Mines |


TSX Venture Exchange: ADZ
News Release: 16-13
 
News Release 2016 ADZ - TSX.V

Adamera Minerals Starts Work Program on Lambert Creek Property

Vancouver, British Columbia, August 23, 2016 - Adamera Minerals Corp. (TSX-V: ADZ) announces that the 2016 exploration program on its Lambert Creek property in Washington State has commenced. The Company is testing its new geological concepts and deposit model for the area. Currently underway is the collection of approximately 700 soil samples and re-evaluation of the property geology. Later in the season, the company is planning to conduct an extensive regional airborne geophysical survey that will cover the Lambert Creek property.

"To our knowledge, this is the first comprehensive soil survey to be conducted on the property. One thing we have clearly learned here is that soil geochemistry is an extremely effective tool for finding buried mineralization in the area. With our new geological concepts for gold deposits in the region we are obviously very excited to see the results of this current work and plan to drill test any resulting targets" says Mark Kolebaba, President and CEO of Adamera Minerals.

The Lambert Creek property is on strike with the past producing Overlook, Key West and Key East gold mines and is adjacent to the historic Belcher mine. As a result of recent staking by the company, Lambert Creek property is now contiguous with the Company's Oversight property to the south. The Lambert Creek property is accessible to the Key East and West mine haul road and is located 6 km from the Kettle River Mill.

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: info@Adamera.com
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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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$ 1.6 millions as of today (US$ 1.1 millions, € 1.1 millions).

Its stock quote reached its highest recent level on May 05, 2017 at CA$ 0.24, and its lowest recent point on April 24, 2024 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...
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7/7/2016Adamera Announces Shares for Debt Settlement has Completed
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