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Adamera Receives Final Airborne Data for Cooke Mountain Project
(via TheNewswire) Vancouver, British Columbia / TheNewswire / February 14 , 2017 - Ad...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera Receives Final Airborne Data for Cooke Mountain Project(via TheNewswire)\n \n \nVancouver, British Columbia / TheNewswire / February 14, 2017 - Adamera Minerals Corp. (TSX-V: ADZ) announces it has received final data from the helicopter borne VTEM and magnetic survey completed over its Cooke Mountain project in Washington State.\n\n \n \nAdamera is currently isolating 8-10 tier one targets in preparation for drilling in the Spring. Over the coming weeks, geophysical, geological and soil geochemical data will be compiled over the selected targets. Specific target descriptions within the project area will be released as they are developed. \n\n \n \nUpon completing the modeling of tier one targets, the focus will shift to interpreting and modeling the many more subtle anomalies in the data set to develop a roster of tier two targets.\n\n \n \nMark Kolebaba, President and CEO of Adamera commented, \"the Cooke Mountain region has never had this type of survey flown over it previously. It is particularly encouraging that we are developing targets within 1.5 km of the Kinross mill, and that several tier one targets have geophysical signatures that closely resemble the responses over recently mined high grade gold deposits in the area. That correlation is what excites me.\"\n\n \n \nThe survey was flown over two areas identified by the Company as important mineralized trends. Along these trends, gold deposits occur on specific horizons in association with zones of massive and veinlet sulphides. \n\n \n \nPast producing deposits in the survey area that produced +1 million ounces of gold collectively include the Lamefoot, Overlook, Key West, Key East and Belcher mines. They are noted and named on the map below, along with several tier one targets. In addition to VTEM and magnetic anomalies, the Company is also further reviewing airborne AMT anomalies that were identified in 2016. \n\n \n \nDrilling can generally be conducted year-round in this part of Washington State, though there is an unusually heavy snow pack this year. Drill permits are being applied for that will cover tier one targets with the tier two targets to be added once they are similarly compiled and ranked. \n\n \n \n\nClick Image To View Full Size\n\n \n \nGeophysical surveying was conducted over specific areas within the green polygons. Lamefoot, Belcher, Overlo...