Adamera Defines Drill Targets ON the Buckhorn 2.0 GOLD Project – Releases Video Highlights
TSX V: ADZ; OTC: DDNFF
News Release: 22-06
ADAMERA DEFINES DRILL TARGETS ON THE BUCKHORN
2.0 GOLD PROJECT – RELEASES VIDEO HIGHLIGHTS
Vancouver, BC – March 9, 2022 Adamera Minerals Corp. (TSXV:ADZ) (DDNFF) announces it has
developed +30 targets prospective for high-grade gold on the Buckhorn 2.0 gold project in Washington
State. The video below highlights 5 of such targets. In these examples the targets initially appear to have
been tested by drilling, however on closer analysis it is clear the conductors have not been adequately
tested. SEE VIDEO HIGHLIGHTING 5 TARGETS.
Adamera has completed a detailed review of all relevant Buckhorn data collected by Adamera and
acquired from Kinross Gold Corp (see news release dated October 20, 2021). At least 30 targets are drill
ready and several other targets require minimal ground work for verification.
The drill targets are located on lands managed by the Bureau of Land Management (BLM), US Forest
Service (USFS) and Washington State Department of Natural Resources (DNR). To date, 13 targets are
situated on BLM land, 11 targets are on DNR land and 19 targets are on located on USFS land. Permitting
for a 2022 drill program is underway.
One of the most effective exploration tools for the discovery of a new gold deposit analogous to the
nearby Buckhorn deposit is the helicopter borne VTEM (Vertical Time Domain Electromagnetic) system
developed by Geotech. The system has flown +2 million line-kms worldwide, with many discoveries
made/confirmed. Kinross Gold flew the Buckhorn area with the system, identifying dozens of anomalies
of various priorities. Importantly however, the VTEM survey was flown +10 years after much of their
historic drilling.
VTEM surveying detects electrical conductivity due to semi-massive to massive sulfide mineralization.
The Buckhorn gold deposit contained abundant sulfides and provided a strong VTEM response. Adamera
considers other conductors on the property detected by airborne and ground electromagnetic surveying to
be important, particularly when complemented by other exploration tools.
Mr. Mark Kolebaba, President and CEO states, “Surprisingly, very few of the targets Adamera has
developed were identified in the past. With the Kinross VTEM results and multiple layers of ground
survey data developed by us, we continue to generate a compelling roster of targets. The Company has
submitted some targets to authorities for drilling approval and will expand that process through time. A
2022 drill program on the Buckhorn property is still being finalized.”
Martin St. Pierre, P.Geo, a Qualified Person as defined by National Instrument 43-101, has reviewed data
associated with the project.
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.
For further details, please contact:
Mark Kolebaba
President/CEO
Adamera Minerals
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.