Adamera Minerals Corp. announces the closing of the financing announced November 1, 2018. The Company increased the private placement from 4,000,000 million units for $200,000 originally announced to 7,315,000 units for $365,750. Each unit is priced at $0.05 and will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a [...]
Adamera Minerals Corp. announces the closing of the financing announced November 1, 2018. The Company increased the private placement from 4,000,000 million units for $200,000 originally announced to 7,315,000 units for $365,750. Each unit is priced at $0.05 and will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a [...]
Adamera Minerals Corp. announces drilling has resumed on the Oversight property in Washington State to follow up high-grade gold intercepts reported in drill hole OS18-02 including an interval with 19.4 g/t gold . Drill hole OS18-02 tested a coincident induced polarization and gold in soil anomaly. It intersected several gold zones including the high-grade interval at the bottom of the hole. The current drill hole [...]
Adamera Minerals Corp. announces a non-brokered private placement of up to 4 million units at a price of $0.05 per unit for aggregate gross proceeds of up to $200,000. Each unit will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a period of 1 year following the closing date. Insider will be participating in the [...]
Adamera Minerals Corp. announces the first drill hole, LFS18-01, on the Lamefoot South Property in Washington State has been completed. The drill hole was sited 280 metres south of the Lamefoot Gold Mine. Assays are pending. Drill hole LFS18-01 encountered zones with intense silica alteration and disseminated sulfides at various intervals through the hole . The hole was targeted on coincident induced polarization , gold [...]
Adamera Minerals Corp. announces the first drill hole, LFS18-01, on the Lamefoot South Property in Washington State has been completed. The drill hole was sited 280 metres south of the Lamefoot Gold Mine. Assays are pending. Drill hole LFS18-01 encountered zones with intense silica alteration and disseminated sulfides at various intervals through the hole . The hole was targeted on coincident induced polarization , gold [...]
Adamera Minerals Corp. announces drill hole OS18-03 on the Cooke Mountain project in Washington State intersected two gold bearing zones. The hole was drilled 50 metres south of OS18-02 along the same north-south trending induced polarization anomaly. The upper intercept assayed 1.6 g/t gold over 0.45 metres at a depth of 12.2 metres. The lower intercept was 1.1 g/t gold over 2.35 metres at a downhole depth of 29.75 [...]
Adamera Minerals Corp. announces that diamond drill hole OS18-02 intersected 19.4 g/t gold over 1.07 metres on the Overlook project in Washington State. The extent of the high-grade gold mineralization is not yet known as the drill hole terminated in the zone. Drill planning to determine the extent of the mineralization is underway. Results for Oversight drill holes OS18-01 and OS18-02 are reported in Table 1 below. Drill [...]
Adamera Minerals Corp. has completed three drill holes on the Oversight Property near Republic, Washington. The three holes test two induced polarization anomalies near a zone where shallow high-grade gold was intercepted in two 2017 drill holes. Assays are pending. Core from the three drill holes intersected disseminated to veined sulfides in variably silicified zones. This style of mineralization resembles that within [...]
Adamera Minerals has completed its first drill hole of the summer program. Drill hole OS18-01intersected 40 metres of predominantly clastic rocks with variable amounts of disseminated to veined sulphides and silica alteration. This mineralization resembles that within adjacent drill holes OS17-01 and OS17-03 that yielded high-grade gold. Samples of the drill core have been sent to the laboratory for analysis. OS18-01 was [...]
Adamera Minerals has started drilling on the Cooke Mountain project near the historic high-grade Overlook Mine in Washington State. The first drill hole, OS18-01 tests an induced polarization target immediately west of the previously drilled high-grade gold assays from drill holes OS17-01 and OS17-03. The assays of interest include 10 g/t over 1.1 m, 6.5 g/t over 2.8 m and 15 g/t over 0.3 m . A second similar IP anomaly [...]
Adamera Minerals announces the closing of the financing announced June 07, 2018. The Company increased the private placement from 5,000,000 million units for $300,000, originally announced to 8,333,333 units for $500,000. Each unit is priced at $0.06 and will consist of one common share and one half of one non-transferable warrant, with each whole warrant entitling the holder to purchase one common share at a price of [...]