Vancouver, British Columbia, June 6, 2017 - Adamera Minerals Corp. (TSX-V: ADZ)
reports the 2017 drilling program in Washington State is underway. The first hole to be drilled is on the Oversight target immediately east of the past producing Overlook gold mine. The drill hole will test a 70 metre deep VTEM conductor supported by soil geochemistry (see May 24, 2017 News Release).
"It has been a long process to develop these high confidence targets with multiple layers of supporting data. Target development entailed several geophysical methods, various soil survey techniques, and detailed geological mapping. I am pleased with the team for their hard work in collecting and analyzing multiple layers of data," says Mark Kolebaba, President and CEO of Adamera Minerals Corp. "This drilling is critical for us to establish proof of concept for both our geological model and exploration methodology."
The planned 3000 metre Phase 1 diamond drill program will test several recently developed targets on the project.
Adamera Minerals Corp. is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. While the existing third-party mill and superior logistics allow a smaller resource to be potentially economic, Adamera's primary goal is the discovery of a large stand-alone high grade gold deposit. Adamera is the dominant regional exploration company in the area.
On behalf of the Board of Directors,
President & CEO
For additional information please contact:
Tel: (604) 689-2010
Fax: (604) 484-7143
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.