Business
Adamera Continues Target Development on Buckhorn 2.0 Gold Project
(TheNewswire) Vancouver, B.C. - TheNewswire - October 20, 2021 - ...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera Continues Target Development on Buckhorn 2.0 Gold Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, B.C. -\n \n \n TheNewswire -\n \n \n October 20, 2021 -\n \n \n Adamera Minerals Corp. (“Adamera” or the “Company”)\n(TSXV:ADZ\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTC:DDNFF)\n \n reports on progress\nat the Buckhorn 2.0 project in Washington State.\n \n The\nBuckhorn gold mine was operated by Kinross Gold until it closed in\n2017. Adamera acquired a large dataset that covers over 30 square\nkilometres outside of the Buckhorn mine property located on lands\nwhere Adamera holds minerals rights. The dataset includes some 280\ndrill holes, multiple geophysical surveys, both airborne and ground,\nsoil and rock sample results, geological maps, and LIDAR.\n \n \n \n Adamera has been ground truthing the Kinross datasets, and has\nconducted a ground magnetic survey consisting\n \n of 1141\nline kilometres with line spacing of 50 metres to cover 95% of the\nBuckhorn 2.0 property. Figure 1 shown below demonstrates the high\nresolution provided by ground magnetic data compared to airborne\nmagnetic data.\n \n \n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Figure 1. These two maps shows a\ncomparison of the 2021 ground magnetic data and the historical\nairborne magnetic data. The ground magnetic data increase in detail is\nsignificant and is assisting our interpretation of geology,\ngeochemistry and structure to define high quality drill targets.\n \n \n \n \n “\n \n \n The ground\nmagnetic survey over the Buckhorn property is highly responsive to\ngeological features that may be related to gold mineralization.\nGenerally,\n \n \n gold\nmineralization at Buckhorn is associated with magnetite which is\nreadily detected by magnetics.\n \n \n The high level of detail in this survey allows the company to\nidentify new features and structures in close proximity to high gold\nvalues in soil. Merging this data with the Kinross datasets is in\nprogress and will help generate high priority targets,\n \n \n ” says Mark Kolebaba President and CEO of Adamera Minerals\nCorp.\n \n \n \n \n Of significance, the geophysical technicians recorded\n140 historic mine workings during the survey operation. Many of these\nworkings are undocumented and provide important ...