Adamera Minerals announces gold results for the first and second drill holes on the SE-01 VTEM target at its Cooke Mountain project in Washington State. Drill hole HLK18-01 returned elevated gold values up to 0.3 g/t in zones with sulfide mineralization. Drill hole HLK18-02 provided gold zones assaying up to 1.0 g/t gold. A third hole was drilled 100 metres to the south. Assays are pending. The drill is now testing an [...]
Adamera Minerals announces the second drill hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State intersected a zone of sulfides and magnetite mineralization. The drill core is currently being logged and prepared for assay. Assays are pending for both drill holes. The two SE-01 drill holes were collared from the same pad and at the same azimuth. Hole HLK18-01 was drilled at -55 degrees and HLK [...]
In conjunction with the Annual General Meeting of Adamera Minerals on Thursday, February 22, 2018, Mark Kolebaba, President and CEO has issued a President's Letter to the shareholders detailing corporate and exploration activities in 2017. A technical overview of the projects will be presented at the meeting. The President's Letter is available for viewing on the Company's website at www.adamera.com In the letter Mr [...]
Adamera Minerals announces that the first hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State is mineralized with sulfides and magnetite. The drill hole intersected a thick zone with both semi-massive and disseminated sulfides over a 120 metre core length. Mineralization consists of variable amounts of sulfides, magnetite and silica alteration from 60 to 180 metres depth downhole. The core is [...]
Adamera Minerals announces that drilling has begun on SE-01, the first of a number of gold targets recently approved for drilling by the US Forest Service. The target is located approximately 4 kilometres from the Kettle River gold mill in Washington State. The SE-01 target was initially identified in Adamera's VTEM survey as a high conductivity electromagnetic anomaly that coincides with a strong magnetic high. It [...]
Adamera Minerals announces that the US Forest Service has approved a Plan of Operation allowing Adamera to drill test a number of high priority targets on the Cooke Mountain Project in Washington State. Targets under the Plan of Operation include SE-01, Key West Central and Key West North. Drilling equipment and drill crew are being mobilized to the project site and drilling operations are expected to begin on or around [...]
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Adamera Minerals is pleased to announce the closing of the previously announced financing dated December 4, 2017. The Company increased the private placement from 5 million units originally announced to 7,100,000 units. Each unit is priced at $0.10 and will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.20 for a period of 1 [...]
Adamera Minerals is pleased to announce that it has increased its non-brokered private placement to $710,000 and it is fully subscribed. The Company has increased the private placement from 5 million units originally announced on December 4, 3017 to 7,100,000 units. Each unit is priced at $0.10 and will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one [...]
Adamera Minerals announces a non-brokered private placement of up to 5 million units at a price of $0.10 per unit for aggregate gross proceeds of up to $500,000. Each unit will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.20 for a period of 1 year following the closing date. The warrants are subject to an accelerated [...]
Adamera Minerals announces the discovery of high-grade gold in outcrop near the Overlook Gold Mine in Washigton State. Rock samples collected from the area assayed 64 g\t, 37 g\t, 30 g\t, 7.8 g/t and 2.1 g/t gold. This new prospect, called Outlook Ridge, is located on the Cooke Mountain project halfway between the historic Overlook and Key West gold mines. Outlook Ridge and the high-grade samples are located on northeast [...]
Adamera Minerals announces that drill hole OS17-07 has intersected two mineralized zones west of the Overlook Gold Mine in Washington State. Drill hole OS17-07 highlights an upper zone that assayed 2.9 g/t gold over 2 metres and a lower zone of 2.4 g/t over 5.7 metres including a 5.84 g/t interval . These intersections are approximately 35 metres northeast of drill hole OS17-06 which intersected upper and lower [...]