This area has reportedly produced over 6 million ounzes of high-grade gold. is exploring for a stand-alone high-grade gold deposit within hauling distance of an existing mill near Republic Washington. Geo, are Qualified Persons as defined by National Instrument 43-101 reviewing data associated with the project.Īdamera Minerals Corp. SE-01 is located approximately 4 kilometres from the Kettle River Mill. Selected photos highlighting mineralogical and textural features of interest. The intensity of hydrothermal alteration and the proximity of the mineralization to the Republic Graben margin gives me every reason to be optimistic about the potential outcome ,” says Mark Kolebaba President and CEO of Adamera.
“ While we won’t know if this drill hole represents a discovery until we receive assays, it is at the very least a clear vindication of our greenfields targeting program. Much of the interval displays complex fracturing and sulfide veining. Intense silica alteration and silica replacement as well as local sericite alteration accompany the sulfides and magnetite from 68.5 meters to 121.4 metres. The true width of the intercept is not yet known and will be better defined by a second hole which is currently underway.īoth sulfide and magnetite content in the core range from approximately 3% to 80%.
The hole was drilled at a dip of -55 degrees, approximately perpendicular to the strike of the VTEM anomaly. The core is currently being logged and cut prior to gold fire assaying. Mineralization consists of variable amounts of sulfides, magnetite and silica alteration from 60 to 180 metres depth downhole. The drill hole intersected a thick zone with both semi-massive and disseminated sulfides over a 120 metre core length.
(TSX-V: ADZ) announces that the first hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State is mineralized with sulfides and magnetite. Vancouver, British Columbia / TheNewswire / February 1 4, 2018 - Adamera Minerals Corp.
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