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Adamera Starts Drilling on the Oversight Property
(via TheNewswire) Vancouver, BC / TheNewswire / July 19, 2018 - Adamera Minerals Corp....
About this update from Adamera Minerals Corp.
[{"type":"text","content":"Adamera Starts Drilling on the Oversight Property(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / July 19, 2018 - Adamera Minerals Corp. (TSX V: ADZ) has started drilling on the Cooke Mountain project near the historic high-grade Overlook Mine in Washington State. The first drill hole, OS18-01 tests an induced polarization (IP) target immediately west of the previously drilled high-grade gold assays from drill holes OS17-01 and OS17-03. The assays of interest include 10 g/t over 1.1 m, 6.5 g/t over 2.8 m and 15 g/t over 0.3 m (see news release September 07, 2017). A second similar IP anomaly located immediately east of drill holes OS17-01 and OS17-03 is also scheduled for drilling.\n\n\n \nThe target has not yet been reached, however, preliminary observation of drill core shows a notable increase in sulfide content as the drill approaches the IP anomaly (See photo of core below). Once drilling, logging and sampling is complete, core samples will be submitted to a lab for gold analysis by fire assay. The target identified by the IP is estimated to be 25 metres wide.\n\n\n \n\nClick Image To View Full Size\n\n \n \nPhoto: Box of core showing increasing sulfides in clastic rocks\n\n\n \nThis drilling is part of a program designed to test existing permitted targets as well as high priority developing targets as permits are granted on the Overlook and Lamefoot trends. \n\n\n \n\"This hole is following up high-grade gold intercepted from 2017 near the past producing Overlook mine. Considering the past explorers focus on airborne magnetics as their primary exploration tool, we are left to believe there may be much more to be found in the area. With the deployment of VTEM, IP, high-density soil sampling and high-resolution ground magnetic surveying we have identified a new generation of targets defined by multiple layers of data. We will patiently and systematically continue testing these targets to find more high-grade gold mineralization,\" says Mark Kolebaba, President and CEO of Adamera Minerals.\n\n\n \nThe two IP anomalies flanking the east and west side of the high-grade gold intercepts in previously drilled holes OS17-01 and OS17-03 extend for 600 metres in a north-south direction. (See video and figure below). \n\n\n \n\nClick Image To View Full Size\n\n \n \nIP surveying is still underway on the property and several new ...