Adamera Intersects Two High-Grade Gold Zones

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[{"type":"text","content":"Adamera Intersects Two High-Grade Gold Zones(via TheNewswire)\n \n \nVancouver, British Columbia / TheNewswire / October 24, 2017 - Adamera Minerals Corp. (TSX-V: ADZ) announces that drill hole OS17-06 intersected two high-grade gold zones near the former Overlook Gold Mine in Washington State. An upper zone assayed 9.9 g/t gold over 2.1 metres with a deeper interval returning 9.6 g/t gold over 10.9 metres. \n\n\n \nThe upper zone separates two voids, interpreted to be karst (cave) features or fault zones. The lower intercept is 3 metres below the second void (See the Drill Section). A second hole is currently being drilled northeast of these intersections.\n\n \n\nHole ID\n\n\n\n\nFrom (m)\n\n\n\n\n To (m)\n\n\n\n\n Interval (m)\n\n\n\n\n Au (g/t)\n\n\n\n\nOS17-06\n\n\n\n\n197.8\n\n\n\n\n200\n\n\n\n\n2.1\n\n\n\n\n9.9\n\n\n\n\nAnd\n\n\n \n \n \n \n\n\nOS17-06\n\n\n\n\n208.9\n\n\n\n\n219.8\n\n\n\n\n10.9\n\n\n\n\n9.6\n\n\n \n \n\n\nincl.\n\n\n\n\n6.3\n\n\n\n\n13.7\n\n\n \n \n\n\nincl.\n\n\n\n\n3.9\n\n\n\n\n15.3\n\n\n\n\nand\n\n\n \n \n \n \n\n\nOS17-06\n\n\n\n\n219.8\n\n\n\n\n232.4\n\n\n\n\n12.64\n\n\n\n\n0.5\n\n\n \n \n\n\nIncl.\n\n\n\n\n1.55\n\n\n\n\n2.1\n\n\n \n \n \n \n \n\n \nOS17-06 was drilled at an angle of about -85o. The true thickness is not yet determined\n\n\n \nThe objective of drill hole OS17-06 was to test the northwest extension of the 800 metre long VTEM anomaly, referred to as the Overlook Conductor. The central part of the conductor includes 250 metres mined by Echo Bay at the Overlook Mine and the southeast extent includes previously announced shallow zones of high-grade gold in Adamera drill holes OS17-01 and OS17-03. The conductor extends 300 metres to the northwest beyond OS10-06 (See Figure 1).\n\n\n \nDrill hole OS17-06 is located 40 to 60 metres northwest of the known extent of the Overlook mine workings and 500 metres northwest of drill holes OS17-01 and OS17-03.\n\n\n \nThe high-grade gold intercepts in OS17-06 are interpreted to be approximately 30 metres below the majority of ore mined at Overlook. The difference in elevation may be the result of faulting. \n\n\n \nAs the Overlook Conductor is much larger than the known Overlook Mine it is likely that structural controls focus the high grade mineralization. A detailed anaysis of the geology and geochemistry of OS17-06 may further help our interpretat...

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