Business
Adamera President Letter to Shareholders 2020 Summary of Activities
(TheNewswire) TheNewswire – January 14 th , 2021 - Adamera...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera President Letter to Shareholders 2020 Summary of Activities\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n TheNewswire – January 14\n \n \n th\n \n \n , 2021 -\n \n \n Adamera Minerals Corp.\n \n \n (TSXV:ADZ\n \n \n )\n \n \n (OTC:DDNFF)\n \n \n \n \n Dear Shareholders,\n \n \n \n \n This letter provides a summary of the Company’s 2020\naccomplishments despite the restrictions related to COVID-19 and\nforest fire threats.\n \n \n \n \n Highlights of our achievements are as follows:\n \n \n \n \n \n \n - Adamera formed a joint venture (“JV”) with senior\nmining company Hochschild Mining LLC   (“Hochschild”) to fund\nexploration on our\n \n \n Cooke\nMountain gold project\n \n \n for the foreseeable\nfuture.\n \n \n \n \n - Significant exploration conducted by the JV to\nestablish and prioritize drill targets for 2021.\n \n \n \n \n - Additional land staked by the JV to explore new areas\nof exploration interest.\n \n \n \n \n - Adamera staked the\n \n \n Buckhorn 2.0 gold project\n \n \n , a 9,100-acre land package surrounding the recently closed\nBuckhorn gold mine operated by Kinross Gold.\n \n \n \n \n - New appointments to the Board and Advisory team, a\nreflection of the value of the Cooke Mountain and Buckhorn 2.0\nassets.\n \n \n \n \n \n \n While gold has been rising for some time, it is only\nrecently that the rising price has brought attention and finance to\nearly-stage junior exploration companies like Adamera. To advance\nexploration Adamera put significant efforts into finding a partner for\nthe Cooke Mountain project, an initiative that led to the January 2020\nannouncement of the JV with Hochschild. Their interest is primarily to\nfollow up on targets that have returned high-grade drilling results.\nAdamera is acting as the operator of the JV.\n \n \n \n See news release dated January 22,\n2020.)\n \n \n \n \n \n \n In early 2020 at Cooke Mountain, under\nthe JV the Company successfully:\n \n \n \n \n \n \n \n 1)\n \n \n Completed detailed mapping at\nLamefoot South.\n \n \n \n \n \n \n 2)\n \n \n Completed deep induced\npolarization (IP) surveying at Oversight, Lamefoot South and Goodfoot\nproperties.  All of the targets are in close proximity to previous\nmines.\n \n \n \n \n \n \n 3)\n \n \n Developed high-priority drill\ntargets at Lamefoot South, G...