Business
Adamera Stakes Lands Around Buckhorn Gold Mine in Washington State
(via TheNewswire) Vancouver, B.C. - TheNewswire - July 22, 2020 - Adamera Min...
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera Stakes Lands Around Buckhorn Gold Mine in Washington State(via TheNewswire)\n \n \nVancouver, B.C. - TheNewswire - July 22, 2020 - Adamera Minerals Corp. (TSXV:ADZ) (OTC:DDNFF) announces it has staked 339 claims around the Buckhorn Mine in Washington State. This land (\"Buckhorn 2.0\") surrounds the Crown/Kinross patented claims on which the past producing Buckhorn Mine is situated. The area acquired extends more then 10 kilometres to the Canadian-USA border, along the western margin of the Torada Graben. The Company has also leased an additional 38 claims from private claim holders within the project area for a total of about 7,500 acres (30 square km). (see map)\n\n\n \n\nClick Image To View Full Size\n\n\n \nwww.adamera.com/projects/Buckhorn-2\n\n\n \nThe Buckhorn Mine (formerly named Crown Jewel) was discovered by Crown Resources Corp in 1988. Approximately 1.3 million ounces of gold at an average grade of about 12 g/t gold was produced from Buckhorn between 2008 and 2017. Crown Resources Corp. and Kinross Gold Corp. merged in 2003.\n\n\n \nThe Buckhorn 2.0 project is 100% owned by Adamera. Importantly, Adamera recently enhanced its management team to include very relevant experience on the area. Mark Jones, who was recently appointed to the Adamera board, was the CEO of Crown Resources at the time Crown discovered the Buckhorn deposit. Peter Cooper, who has been appointed as an advisor to Adamera, was involved in exploration on and around the Buckhorn Mine for more than 20 years under the employ of Battle Mountain Gold Company, Crown Resources and Kinross. The involvement of Mark Jones and Peter Cooper will greatly help Adamera rapidly advance the project.\n\n\n \n\"This land package is large and very strategically located. Early this year Adamera teamed up with Hochschild Mining to advance the Cooke Mountain gold project. This move incentivised us to stake the Buckhorn 2.0 area, a project now 100% controlled by Adamera. The area is remarkably under explored with little drilling outside of the immediate mine area. Opportunities like this are rare,\" says Mark Kolebaba President and CEO of Adamera Minerals. \n\n\n \nMr. Jones, Adamera director and former CEO of Crown Resources states \"The Crown Jewel (Buckhorn deposit) was a significant high-grade gold discovery for Crown Resources. Except for the minesite itself th...