Business

Adamera Delineates Significant Gold Targets on the Lamefoot Trend

(via TheNewswire) Vancouver, BC / TheNewswire / May 29, 2018 - Adamera Minerals Corp. ...

articleAdamera Minerals Corp.May 29, 20185/company/adamera-minerals-corp/news/adamera-delineates-significant-gold-targets-on-the-lamefoot-trend
Adamera Delineates Significant Gold Targets on the Lamefoot Trend

About this update from Adamera Minerals Corp.

[{"type":"text","content":"Adamera Delineates Significant Gold Targets on the Lamefoot Trend(via TheNewswire)\n\n \nVancouver, BC / TheNewswire / May 29, 2018 - Adamera Minerals Corp. (TSX V: ADZ) reports on the second of two gold trends earmarked for drilling on the Cooke Mountain project in Washington state. The Lamefoot Trend is located 6 kilometres west of the previously announced Overlook Trend. The trend extends for 7 kilometres, with the Lamefoot gold deposit near its northern limit.\n\n\n \nAdamera has identified two high priority areas on the trend that contain a number of compelling drill targets. These areas include the Lamefoot South and Goodfoot properties. The targets are based on a multi-discipline database compiled over the past several months.\n\n\n \n\"Adamera is continuing to delineate and test quality exploration targets in Washington State. Our drill programs have achieved success in the discovery of high-grade gold near the Overlook and Key West Mines. In addition to advancing the Overlook Trend discoveries we will test the Lamefoot South and Goodfoot targets on the western Lamefoot Trend,\" states Mark Kolebaba, President and CEO of Adamera.\n\n\n \nThe Lamefoot gold deposit was mined in the late 1990s by Echo Bay Mines. It was the largest and highest grade mine in the Cooke Mountain District. High-grade gold mineralization reportedly occurred as silica altered massive magnetite and sulfide zones at a limestone-clastic contact. In addition, mineralization was present within quartz-sulfide veins in clastic rocks near a limestone contact. One of the keys to the deposit was the presence of silica and the proximity to a limestone contact. \n\n\n \nDetailed work recently completed by Adamera includes: ground magnetics, electromagnetics to detect massive sulfides, induced polarization (IP) to detect sulfide veining and silica, and gold plus pathfinder element geochemistry. These surveys were superimposed on Adamera geological mapping to identify both structure and key rock types.\n\n\n \nLamefoot South Property\n\n\n \nLamefoot South is located south of and contiguous with the Lamefoot Mine property. Seven targets with coincident magnetic, IP and soils gold anomalies have been identified on a limestone contact within a structural corridor on strike from the Lamefoot Mine. One target is defined by a 400 metre by 400 metre area located a fe...

More updates from Adamera Minerals Corp.