Adamera’s SE-01 Results Low Grade - Drill Moved to Key West Mine Conductor
TSX Venture Exchange: ADZ
News Release: 18-07
Adamera’s SE-01 Results Low Grade - Drill Moved to Key West Mine Conductor
Vancouver, BC, March 13, 2018 - Adamera Minerals Corp. (TSX V: ADZ) announces gold results for
the first and second drill holes on the SE-01 VTEM target at its Cooke Mountain project in Washington
State. Drill hole HLK18-01 returned elevated gold values up to 0.3 g/t in zones with sulfide
mineralization. Drill hole HLK18-02 provided gold zones assaying up to 1.0 g/t gold. A third hole was
drilled 100 metres to the south. Assays are pending. The drill is now testing an entirely different VTEM
conductor next to the Key West gold mine.
The first drill hole at Key West, drill hole KWN18-01, has intersected several zones of massive to semi
massive sulfide and magnetite. In addition, a significant zone with sheeted quartz veins and sulfides was
intersected.
The two SE-01 drill holes were collared from the same pad and drilled at the same azimuth. Hole HLK18-
01 was drilled at -55 degrees and HLK 18-02 at -43 degrees to intersect the target up dip. Both holes
intersected +100 metre zones with sulfides, magnetite and silica alteration suggesting a large mineralizing
system. A third hole, HLK18-03 intersected a visually similar zone 100 metres to the south.
“Assays from SE-01 are disappointing as the VTEM target was particularly compelling. It did
demonstrate however that VTEM is a very effective tool for identifying “blind” mineralization. Soil
samples and geophysical data surrounding the SE-01 target suggest mineralization extends well beyond
the SE-01 target. Results from the third hole will determine how we rank follow up drilling.
The drill rig is now testing a well-defined VTEM conductor located approximately 300 metres from the
Key West open pit gold mine. This target does not appear to have been tested in the past despite its
proximity to a high-grade deposit. Likely, it was not previously known” states Mark Kolebaba, President
and CEO of Adamera Minerals Corp.
Martin St. Pierre P.Geoph, and Jim Ebisch P. Geo, are Qualified Persons as defined by National
Instrument 43-101 reviewing 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.