Business
Adamera and Hochschild Complete IP Survey on Cooke Mountain Gold Project
(TheNewswire) Vancouver, B. C. - TheNewswire - November 10th ...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera and Hochschild Complete IP Survey on Cooke Mountain Gold Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, B.\n \n \n C.\n \n \n -\n \n \n TheNewswire -\n \n \n November 10th\n \n \n , 2020 - Adamera Minerals Corp.\n \n \n (TSXV:ADZ\n \n \n )\n \n \n (\n \n \n OTC:DDNFF)\n \n \n and\nHochschild Mining (LON:HOC) have completed the Cooke Mountain 2020\ninduced polarization (IP) survey on the Oversight, Goodfoot and\nLamefoot South gold projects. The data is currently being modeled\nwith interpretations expected to be completed in two weeks. The\nresults will be used to better define existing targets and to identify\nnew \"blind\"targets for drilling. Oversight,Lamefoot South\ngold projects located in the Republic mining camp of Washington State.\nThis region has historically produced over 7 million ounces of\nhigh-grade gold.\n \n \n \n \n IP is a geophysical technique known to be ideal for\ndetecting sulphides that are associated with gold deposits in the\ndistrict. The type of electrode array and the transmitter performance\ndetermine the depth that the system can effectively detect potential\norebodies. Joint venture partner HOC is funding new surveys to look\ndeeper in order to identify sources for Adamera's multiple gold\ndiscoveries and to identify entirely new targets.\n \n \n \n \n The 34 line km IP survey has been completed. The data\nis currently being modelled using inversion software.\n \n The\nsurvey was designed to penetrate to a\n \n vertical depth of\n200 metres, deeper than previous surveys which had targeted a\nshallower effective depth of 75-150 metres.\n \n \n \n \n \"A preliminary review of the data confirms we are\nseeing targets below those identified previously as well as responses\nindicative of entirely new targets. The Company will report on these\ntargets in late November. The modelled IP data will be incorporated\nwith other datasets to establish a drilling target roster\n \n \n ,\"\n \n \n says Mark\nKolebaba, President and CEO of Adamara Minerals Corp.\n \n \n \n \n The Cooke Mountain Gold Project is funded under the\nterms of an earn-in agreement with Hochschild Mining (LON: HOC)\n(\n \n \n \n See news release dated January 22,\n2020\n \n \n \n ).\n \n \n \n \n Martin St. Pierre P.Geoph, is a Qualified Person as\ndefined by National Instrument 43-101 has reviewed data associ...