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ADZ Adamera Minerals Corp

0.15
-0.11 (-42.31%)
17 Jun 2024 - Closed
Delayed by 15 minutes
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
  -0.11 -42.31% 0.15 0.135 0.165 0.255 0.11 0.195 157,418 20:57:12

Plan of Operation for Adamera's Flag Hill Property Approved

21/05/2014 2:44pm

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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