Vancouver, BC / ACCESSWIRE/ May 15, 2014 / Adamera Minerals Corp. (TSX V: ADZ) announces that an amended Plan of Operation to include additional drill holes and trenching on the Empire Creek property has been approved by the Bureau of Land Management (BLM). Work on the property is underway.
To date, two trenches have been completed to test the anticipated extension of a high-grade mineralized zone where historical drill holes intersected gold values assaying up to 10.5 g/t over 15 metres. Samples from the trenches have been collected and submitted for analysis. Any significant results will be released. Drill testing these targets is expected to begin before the end of May.
In addition to trenching, 170 soil samples with anomalous gold pathfinder elements, identified by XRF analysis in 2013, were recently submitted to Acme Analytical Laboratories Ltd for analysis. The results from these soil samples define a new gold target approximately 500 metres along strike of the main drill target on the property. This soil anomaly will be further explored and evaluated.
The Empire Creek property is located on the western margin of the Republic Graben, 6 kilometres south of Kinross’s K2 mine and 16 kilometres north of the Republic gold mine district that produces 3 million ounces of gold and 15 million ounces of silver at an average grade of 20 g/t gold and 110 g/t silver.
Jim Ebisch, P.Geol is the Qualified Person reviewing the data in this news release. Any historical information in this release is from private reports and has not been verified by the Company, however, it appears to have been completed under standard best practices consistent with the time and appears to be of reasonable quality.
Adamera is exploring for high-grade gold near an operating mill in Washington State owned by Kinross Gold Corp. The mill is reported to be operating at half capacity with ore shipped 70 kilometres from the 1.3 million ounce Buckhorn mine. The Buckhorn mine is a high grade, low-cost producer with only 2 years mine life remaining. Adamera is currently exploring five projects with high-grade gold potential within hauling distance of the Mill.
On behalf of the Board of Directors,
President & CEO
For additional information please contact:
Manager, Corporate Communications
Tel: (604) 689-2010
Fax: (604) 484-7143
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.
SOURCE: Adamera Minerals Corp.