Business
Adamera 2021 Exploration Underway
(TheNewswire) Vancouver, B.C. - TheNewswire - March 30 , ...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera 2021 Exploration Underway\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire -\n \n \n March\n30\n \n \n \n \n , 2021 - Adamera Minerals Corp.\n \n \n (TSXV:ADZ\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTC:DDNFF) (“Adamera”\nor the “Company”)\n \n \n announces the start of\n2021exploration at its’ Buckhorn 2.0 and Cooke Mountain gold\nprojects in Washington State, USA. The next announcement from the\nCompany is expected to be the commencement of drilling at Cooke\nMountain.\n \n \n \n \n \n \n Exploration at Cooke\nMountain is being funded by Hochschild Mining Ltd (HOC: LON) under a\njoint venture (“JV”) agreement (see press release January 22,\n2020). The 2021 exploration budget is anticipated to be $1.0 million\nand will include a Phase 1 drilling program of about 3,000 metres to\ntest a minimum of 4 targets.\n \n \n \n \n \n \n Exploration at Buckhorn\n2.0 will ramp up as snow melts. Geophysics, sampling and mapping on\nthe Keystone prospect, immediately south of the Buckhorn gold mine\nlandholding (Kinross Gold) is the first target. Exploration will be\nextended to other parts of the property that Adamera considers the\nmost prospective later in the spring. Permits are in process and an\ninitial drill program is anticipated later in the year.\n \n \n \n \n \n \n “Despite the challenges and multiple\nrestrictions associated with COVID-19, Adamera is proud to have\nachieved so much over the past year. Among other things, we completed\na $1,600,000 financing at twice the price of our previous financing\nand strengthened our Board and Management teams. Additionally, the\npartnership with Hochschild and the acquisition of the Buckhorn 2.0\nlands are clearly exciting developments in 2020. I am looking forward\nto a discovery in 2021,\n \n \n \"\n \n \n says Mark Kolebaba,\nPresident and CEO of Adamera.\n \n \n \n \n \n \n The Washington\nexploration team will begin with 5 Adamera personnel and will increase\nas our program ramps up.  Protocols for COVID-19 will continue to be\na priority for the Company.\n \n \n \n \n Martin St. Pierre P.Geoph, a Qualified Person as\ndefined by National Instrument 43-101, has reviewed data associated\nwith the project and provided quality control for the IP survey\ncompleted in 2020.\n \n \n ...