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Adamera Minerals Receives BLM Approval to Drill Multiple Targets on Buckhorn 2.0 Gold Project
Vancouver, British Columbia, April 24, 2024 – TheNewswire – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) announces it has been granted permission to drill 8
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Vancouver, British Columbia, April 24, 2024 – TheNewswire – Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) announces it has been granted permission to drill 8 targets on Bureau of Land Management (BLM) managed land on the Buckhorn 2.0 gold property near the former Buckhorn Gold Mine, Washington State. Applications for drilling on State and US Forest Service lands are pending. On the BLM land the priority target is VTEM1 that was tested with a single drill hole in 2022. Gold was intersected on both sides of a massive magnetite intersection. An upper zone assayed 4 g/t gold over 1.6 metres (“m”) and a lower zone assayed 4 g/t gold over 1.2m. The two intersections were separated by an 8.8m wide magnetite zone that assayed 0.2 g/t gold. Additional holes around the 2022 drill hole on VTEM1 are required to determine if the widths/grades of the gold enriched zones increase laterally and down dip. More information on the VTEM1 target will be released in the coming weeks. A brief description of each target and the location relative to the Buckhorn mine is provided in the table below. Gold Target Target Description Location from Buckhorn Mine VTEM1 Good target, previous drilling intersected gold 830m to the North VTEM4 Strong VTEM conductor with geochemical support 3647m to the Southwest VTEM5 Large EM conductor with geochemical and geological support 3337m to the Southwest VTEM14 Moderate EM conductor, strong magnetics 1160m to the Northwest VTEM17 EM suggests good depth extent, weak soil geochemistry, good geological support 1476m to the North VTEM19 EM conductor with weak soil geochemistry 1217m to the North VLF8 Strong VLF with moderate magnetic signature and supporting geochemistry 2230m to the Northwest KDD-9 Moderate historical gold intersection nearby 1320m to the Northwest Mark Kolebaba President & CEO of Adamera states: “The objective of our drilling program is to test 15- 20 targets. This would be a significant increase from our 2022/2023 program of only 4 tests out of 43 targets. It is worth noting that of the four targets tested in our first drill program, VTEM1 yielded some very encouraging results that more than justify follow up”. The Buckhorn gold deposit is reported to have been an electromagnetic and magnetic anomaly with some geochemical support. These p...