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Adamera Minerals Begins Drilling at Lamefoot South Gold Property
(TheNewswire) Vancouver, BC, July 27, 2022 – TheNewswire - Adamera Min...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera Minerals Begins Drilling at Lamefoot South Gold Property\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, BC, July 27, 2022 –\n \n \n TheNewswire -\n \n \n Adamera Minerals Corp.\n \n \n (\n \n \n TSXV:ADZ\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:DDNFF\n \n \n ) announces\ndrilling has started on the Lamefoot South Gold property in Washington\nState. A series of drill holes have been planned to follow-up a gold\noccurrence discovered in drill hole PL-6 in 2021. PL-6 intercepted 4.7\ng/t gold over 2.7 metres including 0.76 metres at 10.7 g/t gold at a\ndepth of 24 metres.\n \n \n \n \n Adamera is targetting multiple pods of mineralization\nalong a limestone-clastic contact, analogous to the past producing\nLamefoot Gold Mine 1 km to the north. The Lamefoot Mine contained\nnearly a million ounces of gold grading at 8 to 10 g/t. The mine\nreportedly developed 7 pods of ore.\n \n \n \n \n The first target is within a visually recognizable\nenvelope of lower grade semi-massive sulfides near the favourable\nlimestone-clastic contact. Based on previous drilling, the zone is\nexpected to form a pod plunging steeply to the northwest. The surface\nexpression of the target is coincident soil geochemistry with\ncoicident magnetic and self potential anomalies.\n \n \n \n \n Depending on the results of this\nprogram, other similar features will be tested.\n \n \n \n \n Separately, on July 18, 2022, Hochschild Mining\nprovided notice of termination of the Cooke Mountain Option Agreement.\n \n \n Hochschild’s $1.8 million expenditure\nsignificantly advanced the project through geophysical surveys and\ndrilling.\n \n \n Adamera now holds an unconditional\n100% interest in the Cooke Mountain Project.\n \n \n \n \n “\n \n \n We are\ngrateful for the work completed by Hochschild. We will now advance the\nproject independently, drilling targets that have been prioritized\nover the past two years. Lamefoot South is in a complex geological\nsetting and as such warrants this strategic drilling to pin down\nspecific geological controls. Drilling on our Buckhorn project is\nscheduled to begin in August,\n \n \n ” says Mark\nKolebaba, President and CEO of Adamera Minerals Corp.\n \n \n \n \n M. St. Pierre P.Geo, a Qualified Person as defined by\nNational Instrument 43-101, ...