Adamera Minerals initiates 2016 Exploration Program at Oversight
Vancouver, British Columbia, August 2, 2016 - Adamera Minerals Corp. (TSX-V: ADZ) announces that it has started the 2016 exploration program on it Oversight property in Washington State. Soil sample collection is underway and analysis of more than 700 previously collected samples will commence shortly. Additional samples collected over a geophysical / geochemical anomaly announced on June 9th 2016 will help determine drill hole locations to test the target.
"We are focused on upgrading several high priority targets for drilling later in the season. This program is driven by our new geological model and in addition to advancing our current targets, we anticipate developing several new targets" says Mark Kolebaba, President and CEO of Adamera Minerals.
Adamera Minerals Corp. is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. The company's strategy is to fast-track the discovery to production process by exploring close to a mill in need of ore. Adamera is exploring several projects with a goal to become the dominant mining/exploration company in the area through discovery.
On behalf of the Board of Directors,
President & CEO
For additional information please contact:
Tel: (604) 689-2010
Fax: (604) 484-7143
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.