Adamera Minerals Update - Drilling Commenced at Empire Creek
13 June 2014 - 11:30PM
Access Wire
Vancouver, BC
/ ACCESSWIRE / June 13, 2014
/ Adamera Minerals Corp. (TSX V: ADZ) announces
drilling has commenced on the Empire Creek property. The program is
focused in an area with several historic drill holes and recent
trenches that encountered significant gold
mineralization. Two of three drill holes have been completed. A
third drill hole is currently underway. Any significant results
from this program will be released.
Original historic drilling on
the property appears to have targeted flat-lying mineralization.
Work by Adamera suggests a different geological model with
high-grade gold mineralization along several vertical to near
vertical zones.
"The objective of this program is to determine
control and orientation of the gold mineralized zones. With only 3
drill holes we are not attempting to test the entire property, we
are simply testing an idea. Once this has been determined and
further drilling is warranted, we will continue with a second drill
program along strike and on several areas with similar
characteristics," says Mark Kolebaba President and CEO
of Adamera Minerals Corp.
On the basis of prospecting
and soil geochemistry the zones appear to extend for more than 500
metres along strike.
Other Business
The Company's AGM was held on
June 10, 2014. During the meeting all resolutions were passed
including the re-election of all directors.
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.
Adamera Minerals (TSXV:ADZ)
Historical Stock Chart
From Oct 2024 to Nov 2024
Adamera Minerals (TSXV:ADZ)
Historical Stock Chart
From Nov 2023 to Nov 2024