Adamera Identifies New Gold Targets on South Hedley Property
TSX V: ADZ; OTC: DDNFF
News Release: 23-06
Adamera Identifies New Gold Targets on South Hedley Property
Vancouver, B.C., April 25, 2023 - Adamera Minerals Corp. (TSX V: ADZ; OTC: DDNFF) has
identified two extensive gold in soil targets on the South Hedley Property, 5 kilometres south of
the Mascot and Nickel Plate gold mines near Hedley, British Columbia.
The South Hedley project hosts a geological and structural setting similar to the mines to the
north and is far less explored due to widespread, though shallow, overburden cover.
A southern target identified by Adamera sampling is 1.9 kilometres long, terminating at the
western limit of the sample grid. The highest gold value on this trend is 1340 ppb. The 1340 ppb
gold sample is one of the outermost samples on the grid such that the anomaly remains open to
the northwest. To secure this trend Adamera has staked additional mineral claims over
prospective geology to the west.
A northern trend also defined by anomalous gold in soil (samples with >30 ppb Au) extends for
1.6 kilometres. The highest gold value in this second trend is 263 ppb. Both the northern and
southern targets trend in a northwest-southeast direction (see map below). Mineralization in the
Hedley area is also oriented northwest – southeast.
Reconnaissance soil sampling across the greater part of the property has identified 10 additional
zones with anomalous gold that require follow up sampling (see map below). Multi-element data
for elements including copper, cobalt and arsenic is pending.
Mark Kolebaba, President and CEO commented, “We know this area is under explored due to
the lack of exposed bedrock. We acquired the claims because of the proximity to the former gold
producers (2.5 million ounces reported) and the presence of skarn host rocks that are broadly
similar to our Buckhorn gold property to the southeast. Recovering a 1340 ppb gold sample
within a trend of significant strike length is certainly encouraging. We will extend the soils grid
during our next exploration campaign on the property.”
Soil sampling on the northwest part of the South Hedley property was completed in 2022 as part
of a more detailed exploration program that included detailed ground magnetic and VLF-EM
surveying. The geophysical work utilized in-house equipment and personnel. The trends defined
by gold in soil are coincident with an area of low magnetics and structural complexity. Some of
the samples with anomalous gold are proximal to areas with relatively active VLF-EM. A total of
2452 soil and 148 rock samples have been collected on the project by Adamera.
Exploration at South Hedley is part of an on going project generation program to cost effectively
stake and assess prospective areas in close proximity to former metal producers. The South
Hedley property area is vast, totaling more than 21,000 hectares. Resulting targets or target areas
will be evaluated individually to determine their best means forward. Various options will be
considered for the target areas including retension of 100% interest by Adamera, joint venture or
cash sale.
Figure shows Adamera’s South Hedley claim outline in red. Polygons represent areas with anomalous gold in soil
samples. Locations and extent of anomalous areas are only approximated. Soill trends are result of detailed follow
up sampling.
Gordon Gibson 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 high-grade gold deposits near Republic Washington.
This area has reportedly produced 8 million ounces of gold. Adamera is the dominant regional
explorer in the area. The key projects are Buckhorn 2.0 and Lamefoot South in Washington State
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Email: [email protected]
Website: www.Adamera.com
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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.