Adamera Drilling the Lamefoot South Gold Target in Washington State
TSX V: ADZ; OTC: DDNFF
News Release: 21-08
Adamera Drilling the Lamefoot South Gold Target in Washington State
Vancouver, B.C., May 6, 2021 - Adamera Minerals Corp. (“Adamera” or the “Company”) (TSX V:
ADZ; OTC: DDNFF) announces the start of its 2021 drilling program on the Cooke Mountain
Gold Project near Republic, Washington. The drill is sited on the Lamefoot South property, the
first of three properties to be drilled. The program is being funded by Hochschild Mining Ltd.
The first target, HA-1, is defined by an Induced Polarization (IP) anomaly with gold in soils and
a geological setting (limestone-clastic contact) that appears to be similar to that of the past
producing Lamefoot gold mine 1,300 metres to the north. The Lamefoot deposit is reported to
contain nearly 1 million ounces gold at a grade of 8-10 g/t.
“We are excited to begin our 2021 drilling program. These are well developed multi-discipline
targets in close proximity to known deposits. In addition to discovery, our top priority will be to
ensure our employees and contractors adhere to Washington state Covid-19 protocols,” says
Mark Kolebaba, President and CEO of Adamera.
The program is operated by Adamera and funded by Hochschild Mining Ltd (HOC: LON) under
a joint venture (“JV”) agreement (see press release dated January 22, 2020). The 2021
exploration budget is approximately $1.0 million and will include a Phase 1 drilling program of
about 3,000 metres testing a minimum of 4 targets.
Martin St. Pierre P.Geoph, 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.
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.