Adamera Minerals reports the Company has granted 2,400,000 incentive stock options to certain directors, officers, employees and consultants of the Company pursuant to the Company's stock option plan. The options are exercisable at a price of $0.20 per share. About Adamera is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. While the [...]
Adamera Minerals reports on modelling of two new VTEM electromagnetic targets on the Cooke Mountain Project in Washington State. The new targets include a possible extension to the past producing Overlook gold mine, and an adjacent anomaly referred to as the Oversight target. Both targets are permitted for drilling. Adamera has defined 10 VTEM targets and one soil geochemical anomaly that warrant exploration drilling in [...]
Adamera Minerals announces that warrant holders of common share purchase warrants dated December 20, 2017 with an exercise price of $0.10 are now subject to a 30-day forced exercise provision as the Company's closing share price met or exceeded $0.20 for 10 consecutive trading days. The warrant holders have 30 days from the date of this news release to exercise their warrants with an end date of June 10, 2017, otherwise [...]
Adamera Minerals announces it has received letters of acceptance from the Bureau of Land Management (BLM), a federal authority, approving a plan to drill seven targets located on BLM land within the Cooke Mountain project in Washington State. These targets are additional to the Company's April 18, 2017 announcement that it had received drill permits for targets located on state lands within the project area. Those targets [...]
Adamera Minerals announces that it has initiated its 2017 Cooke Mountain exploration program in Washington State. Highlights of the program will include: -Diamond (core) drilling - 3000 metres (phase 1) -Soil Surveys - 8000 samples -Ground magnetic surveying -Induced Polarization (IP) surveying -Geological mapping and prospecting Adamera's cash position as of May 1, 2017 was $1.5 M, giving the company the flexibility [...]
Adamera Minerals announce that its shares have commenced trading on the OTC Marketplace in the United States under the symbol "DDNFF". Adamera's shares will continue to trade primarily on the TSX-V Exchange under the symbol "ADZ". President & CEO Mark Kolebaba states, "Our objective of this OTC Listing is to facilitate trading in the US and ultimately provide American investors better access to the company's shares. I [...]
Adamera Minerals confirms the presence of gold in soil above parts of the 2 kilometre long Big Banana target, which is located in the Cooke Mountain project 2 kilometres south of the Lamefoot Gold Mine in Washington State. The Big Banana target is defined by VTEM data, geology, structure, soil analysis using XRF, soil pH and now gold in soil determined by fire assay (see Background section and figure below). Anomalous [...]
Adamera Minerals announces it has received drill permits for targets located on State lands within the Cooke Mountain project in Washington State. Targets permitted include Big Banana, CM-SE-2 and CM-SE-6. Four additional targets currently being refined are also permitted. Separate applications are progressing for drilling on federal land. A first pass drilling program of 3000 metres to test 8 - 10 targets is scheduled to [...]
Adamera Minerals reports on modelling and data compilation of a 2 kilometre long electromagnetic anomaly informally referred to as the "Big Banana," located two kilometre south of the Lamefoot Mine in Washington State. The following list summarizes the important aspects of this target. Some of the features are shown in the figure below. -Big Banana includes two strong conductors (CM-W-1A and CM-W-1B) that together form a [...]
Adamera reports that the Company has received $672,260 from the exercise of warrants that expired on March 24, 2017 and March 30, 2017. Over 82% of these warrants were exercised prior to the expiry dates. The funds received from the exercise of these warrants will be used for the upcoming drill program in the Company's Cooke Mountain project. The current cash position of the company is approximately $1,077,000. The Board [...]
Adamera Minerals reports on modeling of a second set of VTEM electromagnetic (EM) anomalies in the Cooke Mountain Project in Washington State. The new set includes CM-SE-3, CM-SE- 4 and CM-SE-5 described below. Adamera has now defined 6 targets that warrant testing during its upcoming drill program. As the modeling of VTEM data progresses additional high priority targets are anticipated. The magnetic data has proven to be [...]
Adamera Minerals announces Mark T. Brown, B.COMM., CPA, C.A. has been appointed as the Chief Financial Officer of Adamera by the Board of Directors. Mr. Brown and his team at Pacific Opportunity Capital Ltd. will assist the company with its financial requirements. Mr. Brown has been providing financial services to resource companies for 22 years. Mr. Brown received a Bachelor of Commerce Degree from the University of [...]
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