Adamera Intersects Gold Zones at the Key West Target
TSX Venture Exchange: ADZ
News Release: 18-07
Adamera Intersects Gold Zones at the Key West Target
Vancouver, BC, April 10, 2018 - Adamera Minerals Corp. (TSX V: ADZ) announces zones with gold
were intersected at the Key West target located 1 kilometre north of the Overlook gold mine in
Washington State. The first drill hole, hole KWN18-01, which is located 300 metres north of the past
producing Key West mine intersected an upper and lower gold bearing zone. The upper zone from 33.2
metres to 37.6 metres yielded 2.32 g/t gold over 4.4 metres, including 2.34 metres at 3.8 g/t gold.
The lower zone from 122.1 metres to 139.0 metres yielded 0.6 g/t gold over 17 metres, including higher
grade intervals of 2.8 g/t gold over 1.8 metres and 4.5 g/t gold over 1.0 metres.
Table 1. Gold intersection in Hole KWN18-01
Drill hole Zone From To Au (g/t) Interval
KWN18-01 Upper 33.2 37.6 2.32 4.4
incl. 35.2 37.6 3.8 2.4
incl. 35.2 37.1 4.3 1.9
incl. 36.4 37.1 5.2 0.7
Lower 122.1 139.0 0.6 16.9
incl. 124.5 127.3 0.9 2.8
incl. 132.7 134.5 2.8 1.8
incl. 133.5 134.5 4.5 1.0
The second hole, KWC18-01, was collared approximately 30 metres from the north end of the Key West
pit. The hole intersected 3.8 g/t gold over 1.2 metres at a down hole depth of 8 metres. In addition,
elevated gold values of 0.9 and 0.7 g/t gold were intersected at depths of 48 metres to 52 metres and 84
metres to 88 metres respectively.
“Drilling at Key West again confirms the presence of gold mineralization within a VTEM anomaly. This
is a large target that extends more than 450 metres from the Key West gold mine. Although we are
exploring for higher grades, the discovery of previously unknown mineralization in two widely spaced
holes isholes is encouraging and supportive of our exploration approach,” states Mark Kolebaba,
President and CEO of Adamera Minerals Corp.
Key West is part of the Overlook – Key gold trend within the Cooke Mountain project and is situated
along the existing haul road approximately 5 kilometres from the Kettle River Mill.
Adamera is currently planning a 10 to 15 hole follow up drill program to further test the Key West and
Overlook areas. The higher-grade gold zones appear to be dominated more by magnetite than sulfides,
suggesting that relying primarily on the intensity of a VTEM conductor may be less effective than drilling
the more highly magnetic zones within the target.
Drill hole KWN18-01 was drilled at an angle of -85 degrees to the west and KWC18-01 was drilled at -50
to the west. The true widths of the drill intercepts are not known.
Site work is continuing in preparation for drilling when the snow cover has cleared.
Martin St. Pierre P.Geoph, and Jim Ebisch P. Geo, are Qualified Persons as defined by National
Instrument 43-101 that have supervised the collection of data and reviewed data associated with the
project.
About Adamera
Adamera Minerals Corp. is exploring for a stand-alone high-grade gold deposit within hauling distance of
an existing mill near Republic Washington. This area has reportedly produced over 6 million ounces of
high-grade 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:
Tel: (604) 689-2010 Fax: (604) 484-7143
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.