| Announcement Date: | 2022-02-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Adamera Minerals Corp. |
| Project name: | Cook Mountain |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 3.05m @ 6.5g/t Au |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Vancouver, B.C., February 7, 2022 – Adamera Minerals Corp. (TSX V: ADZ; OTC: DDNFF) announces a high-grade gold intersection in the Overlook area of the Cook Mountain project in Washington State. Drill hole OLV6 intersected 3.05 metres with 6.5 g/t Au including a 1.52 metre zone with 12.2 g/t Au. The program was operated by Adamera and funded by Hochschild Mining Ltd (HOC: LON). Drill hole OLV6 was designed to test an induced polarization (IP) anomaly and gold in outcrop at the Outlook Ridge prospect. The high-grade intersection occurs from 239.57 to 242.62 metres down hole and is located approximately halfway between the Overlook and the Key West Mines which are 1000 metres apart (see map). The Overlook and Key West Mines were mined by Echo Bay in the early 1990’s and are reported to have produced about 500,000 ounces of gold at an average grade of about 5 g/t. The map shows the distribution of historic drill holes known to Adamera. The circle delineates an area lacking drill hole information and represents an area of interest to the company. |
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