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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Adamera Minerals Corp | TSXV:ADZ | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.245 | 0.20 | 0.25 | 0.25 | 0.245 | 0.25 | 12,500 | 20:11:03 |
Vancouver, BC / ACCESSWIRE / May 13, 2014 / Adamera Minerals Corp. (TSX V: ADZ) has completed two trenches over two target areas on the Poland-China property. Trench one was excavated to test bedrock in an area defined by coarse 'near-source' placer gold and associated trace element soil geochemistry. Trench two was excavated to test the extent of a quartz vein/ mineralized zone that yielded 56g/t and 12g/t gold over one metre respectively. This data will be used to further define drill locations for these new areas of interest. Rock samples have been submitted for assay, any significant results will be released.
In addition, approximately 400 soil samples from the Poland-China property have been collected and analyzed by XRF. Interpretation and evaluation of this data is underway. The data will be used to identify new buried mineralized targets in areas covered by overburden and help determine the extent of known mineralized zones.
Adamera is pleased to provide exploration activity updates as work progresses on each property. You can also follow us at www.adamera.com, on twitter @ADZ_adamera and on the Adamera Facebook page.
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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