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ADZ.V ·

Adamera 2021 Exploration Underway

Corporate Updates

TSX V: ADZ; OTC: DDNFF

News Release: 21-06

Adamera 2021 Exploration Underway

Vancouver, B.C., March 30, 2021 - Adamera Minerals Corp. (TSX V: ADZ; OTC: DDNFF)

(“Adamera” or the “Company”) announces the start of 2021exploration at its’ Buckhorn 2.0 and Cooke

Mountain gold projects in Washington State, USA. The next announcement from the Company is

expected to be the commencement of drilling at Cooke Mountain.

Exploration at Cooke Mountain is being funded by Hochschild Mining Ltd (HOC: LON) under a joint

venture (“JV”) agreement (see press release January 22, 2020). The 2021 exploration budget is

anticipated to be $1.0 million and will include a Phase 1 drilling program of about 3,000 metres to test a

minimum of 4 targets.

Exploration at Buckhorn 2.0 will ramp up as snow melts. Geophysics, sampling and mapping on the

Keystone prospect, immediately south of the Buckhorn gold mine landholding (Kinross Gold) is the first

target. Exploration will be extended to other parts of the property that Adamera considers the most

prospective later in the spring. Permits are in process and an initial drill program is anticipated later in the

year.

“Despite the challenges and multiple restrictions associated with COVID-19, Adamera is proud to have

achieved so much over the past year. Among other things, we completed a $1,600,000 financing at

twice the price of our previous financing and strengthened our Board and Management teams.

Additionally, the partnership with Hochschild and the acquisition of the Buckhorn 2.0 lands are

clearly exciting developments in 2020. I am looking forward to a discovery in 2021," says Mark

Kolebaba, President and CEO of Adamera.

The Washington exploration team will begin with 5 Adamera personnel and will increase as our program

ramps up. Protocols for COVID-19 will continue to be a priority for the Company.

Martin St. Pierre P.Geoph, a Qualified Person as defined by National Instrument 43-101, has reviewed

data associated with the project and provided quality control for the IP survey completed in 2020.

About Adamera

Adamera Minerals Corp. is exploring for a high-grade gold deposit near Republic, Washington. This area

has reportedly produced 8 million ounces of gold. Adamera is the dominant regional explorer in the area.

On behalf of the Board of Directors,

Mark Kolebaba

President & CEO

For additional information please contact:

Email: [email protected]

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.