Adamera Minerals announces that two drill holes have been completed on the VTEM-30 target on the Buckhorn 2.0 Gold Project in Washington State. The two holes were drilled to the south from a single site. Both holes intersected zones of sulfides at the depths modelled from the geophysical data. The first hole which was drilled at an inclination of -85o, intersected zones with disseminated sulfides in locally fragmental and [...]
Adamera Minerals announces it has closed a private placement financing of 5,000,000 units for gross proceeds of $250,000 and a flow-through financing for 1,160,000 shares for gross proceeds of $58,000. Each non-flow-through unit was priced at $0.05 and consists of one common share and one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.05 until [...]
Adamera Minerals announces a non-brokered non-flow-through financing of 5,000,000 units for $250,000 and a flow-through financing for 1,160,000 shares for $58,000. Each non-flow-through unit is priced at $0.05 and will consist of one common share and one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.05 for a period of three years. Each [...]
Adamera Minerals has scheduled drilling on a multi-characteristic gold target on its Buckhorn 2.0 property in Washington State. The target could represent a deposit similar in character to the Buckhorn Mine located 1.5 kilometres to the northeast. The Buckhorn Mine reportedly produced 1.3 million ounces of gold at a grade of about 13 g/t. In August, 2023, Adamera conducted an Audio-Frequency Magnetotelluric survey over [...]
Adamera Minerals as commenced its 2023 exploration program on the Buckhorn 2.0 Gold Project in Washington State. A field crew is currently collecting additional geochemical and geophysical data to better resolve targets. Plans for drilling at Buckhorn include follow-up drilling at the VTEM1 target and initial testing of the new VTEM30 target. Both targets are drill permitted. At VTEM1, gold values of interest were [...]
Adamera Minerals announces the closing of a non-brokered private placement for 6,700,000 units for $335,000. Each unit is priced at $0.05 and consists of one common share and one half of one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a period of two years until April 25, 2025. The warrants are subject to an accelerated expiry date [...]
Adamera Mineralshas identified two extensive gold in soil targets on the South Hedley Property, 5 km south of the Mascot and Nickel Plate gold mines near Hedley, British Columbia. The South Hedley project hosts a geological and structural setting similar to the mines to the north and is far less explored due to widespread, though shallow, overburden cover. A southern target identified by Adamera sampling is 1.9 kilometres [...]
Adamera Minerals announces a non-brokered private placement of 6,700,000 units for $335,000. Each unit is priced at $0.05 and will consist of one common share and one half of one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a period of two years. The warrants will be subject to an accelerated expiry date, which comes into effect when the [...]
Adamera Minerals announces that 5 drill holes have been completed on the Lamefoot South Gold Property in Northeastern Washington State. All holes intersected sulfide mineralization in either limestone or in adjacent clastic rocks. Assay results are pending. The latest drill hole, LS23-05, is the first hole drilled westerly to test an induced polarization anomaly situated west of recently discovered mineralization. LS23-05 [...]
Adamera Minerals is seeking approval from the TSX Venture Exchange to extend the term of certain warrants which would otherwise expire on March 18, 2023. 8,125,000 warrants granted on March 18, 2021, with the original expiry date of March 18, 2023, are now extended to expire on March 18, 2024, with each warrant entitling the holder to purchase one common share of the Company at $0.15 per share. The warrants are still [...]
Adamera Minerals is pleased to announce it will be exhibiting at the Prospector and Developers Association of Canada conference in Toronto Ontario. Adamera invites participants to drop by Booth 2750 to discuss recent drill results and anticipated exploration plans for 2023 on their 100% owned projects primarily in Washington State. At the conference, Adamera will be highlighting its Lamefoot South and Buckhorn projects [...]
Adamera Minerals drilling has identified a new gold zone on the VTEM-1 target at the Buckhorn 2.0 Gold Project in Washington State. Drill hole BM22-02, an angled hole drilled from west to east, intersected shallow gold zones on each side of a massive magnetite skarn. The upper western zone returned 3.8 g/t gold over 1.2m from 12.8m to 14m downhole. The lower eastern zone yielded 4.0 g/t gold over 1.6m from 22.8m to 24.4m [...]