Plan of Operation for Adamera's Flag Hill Property Approved
21 May 2014 - 11:44PM
Access Wire
Vancouver, BC / ACCESSWIRE / May
21, 2014 / Adamera Minerals Corp. (TSX V: ADZ)
announces a Plan of Operation including drilling and trenching on
the Flag Hill property has been approved by the Bureau of Land
Management (BLM).
Work on the property
has begun. Five trenches have been excavated and sampled; any
significant assay values will be reported. In addition,
approximately 200 soil samples collected across the property have
been analyzed by the Company using an XRF instrument.
Interpretation of the soil data is underway.
The Flag Hill property is in the
Republic Gold Mining District where approximately 3 million ounces
of gold and 15 million ounces of silver where mined at average
grades of 20 g/t gold and 110 g/t silver.
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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