Adamera Minerals announces it has closed the 1st tranche of the private placement financing of 2,570,000 units for gross proceeds of $128,500. Each unit was priced at $0.05 and consists of one common share and one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for two years of the closing date. The securities issued pursuant to the private [...]
Adamera Minerals announces a non-brokered non-flow-through financing of 4,000,000 units at $0.05 per unit for gross proceeds of $200,000. Each unit is priced at $0.05 and will consist of one common share and one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a period of two years. The securities issued pursuant to the private placement [...]
Adamera Minerals is seeking approval from the TSX Venture Exchange to extend 6,875,000 warrants granted on June 22, 2020, with the exercise price of $0.10 and original expiry date of June 22, 2021, and 4,525,000 warrants with an exercise price of $0.10 granted on July 2, 2020, with an expiry date of July 2, 2021 to now expire on June 22, 2025 and July 2, 2025, respectively. Adamera has also granted a total of 2,428,750 [...]
Adamera Minerals announces that two drill holes have been completed on the VTEM-30 target on the Buckhorn 2.0 Gold Project in Washington State. The two holes were drilled to the south from a single site. Both holes intersected zones of sulfides at the depths modelled from the geophysical data. The first hole which was drilled at an inclination of -85o, intersected zones with disseminated sulfides in locally fragmental and [...]
Adamera Minerals announces it has closed a private placement financing of 5,000,000 units for gross proceeds of $250,000 and a flow-through financing for 1,160,000 shares for gross proceeds of $58,000. Each non-flow-through unit was priced at $0.05 and consists of one common share and one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.05 until [...]
Adamera Minerals announces a non-brokered non-flow-through financing of 5,000,000 units for $250,000 and a flow-through financing for 1,160,000 shares for $58,000. Each non-flow-through unit is priced at $0.05 and will consist of one common share and one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.05 for a period of three years. Each [...]
Adamera Minerals has scheduled drilling on a multi-characteristic gold target on its Buckhorn 2.0 property in Washington State. The target could represent a deposit similar in character to the Buckhorn Mine located 1.5 kilometres to the northeast. The Buckhorn Mine reportedly produced 1.3 million ounces of gold at a grade of about 13 g/t. In August, 2023, Adamera conducted an Audio-Frequency Magnetotelluric survey over [...]
Adamera Minerals as commenced its 2023 exploration program on the Buckhorn 2.0 Gold Project in Washington State. A field crew is currently collecting additional geochemical and geophysical data to better resolve targets. Plans for drilling at Buckhorn include follow-up drilling at the VTEM1 target and initial testing of the new VTEM30 target. Both targets are drill permitted. At VTEM1, gold values of interest were [...]
Adamera Minerals announces the closing of a non-brokered private placement for 6,700,000 units for $335,000. Each unit is priced at $0.05 and consists of one common share and one half of one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a period of two years until April 25, 2025. The warrants are subject to an accelerated expiry date [...]
Adamera Mineralshas identified two extensive gold in soil targets on the South Hedley Property, 5 km 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 [...]
Adamera Minerals announces a non-brokered private placement of 6,700,000 units for $335,000. Each unit is priced at $0.05 and will consist of one common share and one half of one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.10 for a period of two years. The warrants will be subject to an accelerated expiry date, which comes into effect when the [...]
Adamera Minerals announces that 5 drill holes have been completed on the Lamefoot South Gold Property in Northeastern Washington State. All holes intersected sulfide mineralization in either limestone or in adjacent clastic rocks. Assay results are pending. The latest drill hole, LS23-05, is the first hole drilled westerly to test an induced polarization anomaly situated west of recently discovered mineralization. LS23-05 [...]