Business
Adamera Intersects More Gold Mineralization at Overlook
(via TheNewswire) Vancouver, British Columbia / TheNewswire / November 22, 2017 - ...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera Intersects More Gold Mineralization at Overlook(via TheNewswire)\n \n \nVancouver, British Columbia / TheNewswire / November 22, 2017 - Adamera Minerals Corp. (TSX-V: ADZ) announces that drill hole OS17-07 has intersected two mineralized zones west of the Overlook Gold Mine in Washington State. Drill hole OS17-07 highlights an upper zone that assayed 2.9 g/t gold over 2 metres and a lower zone of 2.4 g/t over 5.7 metres including a 5.84 g/t interval (See Table below). These intersections are approximately 35 metres northeast of drill hole OS17-06 which intersected upper and lower mineralized zones assaying 9.9 g/t gold over 2 metres and 9.6 g/t over 10.9 metres, respectively (See News Release dated October 24, 2017). \n\n\n \n \n\n\n\n\n\nDrill hole\n\n\n\n\nFrom (m)\n\n\n\n\nTo (m)\n\n\n\n\nInterval (m)\n\n\n\n\nGold (g/t)\n\n\n\n\nOS17-07\n\n\n\n\n192.4\n\n\n\n\n198.7\n\n\n\n\n6.3\n\n\n\n\n1.35\n\n\n \n \n \n \n \n\n\nOS17-07\n\n\n\n\n209.07\n\n\n\n\n211.12\n\n\n\n\n2.1\n\n\n\n\n2.9\n\n\n \n \n \n \n \n\n\nOS17-07\n\n\n\n\n217.22\n\n\n\n\n222.91\n\n\n\n\n5.7\n\n\n\n\n2.4\n\n\n\n\nincl.\n\n\n \n \n\n\n1.3\n\n\n\n\n5.84\n\n\n\n\n\n\n\n\nTable 1.\n\n\n\n \n \nThe hole was drilled at an angle of -83o True widths are not yet determined.\n\n\n \nThe lithologies intersected in drill hole OS17-07 correlate well with lithologies encountered in drill hole OS17-06. Voids and fragmented rock encountered immediately above the upper mineralized zone in both drill holes may be related to past mining activity. More importantly, the high-grade \"Deep Overlook\" zone, which is separated from the upper zone, by unmineralized limestone shows no evidence of previous mining and lies below the level of most of the Overlook Mine workings. Deep Overlook may represent a completely new zone of high-grade gold mineralization that is essentially unexplored, notwithstanding its proximity to the old Overlook Mine.\n\n\n \nAdamera has identified additional drill hole locations to extend the Deep Overlook mineralized zone and is currently seeking clarification on the precise location of the Overlook mine workings to minimize the difficulties of drilling though old workings when targeting the Deep Overlook zone below. In addition to these upcoming holes to expand Deep Overlook, the Company is also planning to drill the SE-01 and Key West North targets ...