Amended Plan of Operation Approved on Adamera's Empire Creek - Work Underway
15 May 2014 - 11:50PM
Access Wire
Vancouver, BC / ACCESSWIRE/ May 15,
2014 / Adamera Minerals Corp. (TSX V: ADZ) announces
that an amended Plan of Operation to include additional drill holes
and trenching on the Empire Creek property has been approved by the
Bureau of Land Management (BLM). Work on the property is
underway.
To date, two trenches have
been completed to test the anticipated extension of a high-grade
mineralized zone where historical drill holes intersected gold
values assaying up to 10.5 g/t over 15 metres. Samples from the
trenches have been collected and submitted for analysis. Any
significant results will be released. Drill testing these targets
is expected to begin before the end of May.
In addition to trenching, 170
soil samples with anomalous gold pathfinder elements, identified by
XRF analysis in 2013, were recently submitted to Acme Analytical
Laboratories Ltd for analysis. The results from these soil samples
define a new gold target approximately 500 metres along strike of
the main drill target on the property. This soil anomaly will be
further explored and evaluated.
The Empire Creek
property is located on the western margin of the
Republic Graben, 6 kilometres south of Kinross's K2 mine and 16
kilometres north of the Republic gold mine district that produces 3
million ounces of gold and 15 million ounces of silver at an
average grade of 20 g/t gold and 110 g/t silver.
Jim Ebisch, P.Geol is the
Qualified Person reviewing the data in this news
release. Any historical information in this release 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 pleased to provide exploration
activity updates as work progresses on each property. You can also
follow us through twitter @ADZ_adamera and
Facebook.
About Adamera
Adamera is
exploring for high-grade gold near an operating mill in Washington
State owned by Kinross Gold Corp. The mill is reported to be
operating at half capacity with ore shipped 70 kilometres from the
1.3 million ounce Buckhorn mine. The Buckhorn mine is a high grade,
low-cost producer with only 2 years mine life remaining. Adamera is
currently exploring five projects with high-grade gold potential
within hauling distance of the Mill.
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: 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.
SOURCE: Adamera Minerals Corp.
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