Adamera Receives Drilling Permit on State Land -- Drilling to Begin in May
Vancouver, British Columbia, April 18, 2017 -- Adamera Minerals Corp. (TSX-V: ADZ) announces it has received drill permits for targets located on State lands within the Cooke Mountain project in Washington State. Targets permitted include Big Banana, CM-SE-2 and CM-SE-6. Four additional targets currently being refined are also permitted. Separate applications are progressing for drilling on federal land.
A first pass drilling program of 3000 metres to test 8 - 10 targets is scheduled to begin in May. Access considerations will determine the order in which the targets are drilled.
Adamera is currently interpreting data from soil sampling and an airborne VTEM survey completed in late 2016. Eight compelling targets have been identified with additional targets currently being defined for inclusion in the drilling program.
"Working cooperatively with the various public land agencies to obtain permits for responsibly conducted drilling is a prime objective for Adamera" states 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. While management feels the existing third-party mill and superior logistics allow a smaller resource to be potentially economic, Adamera's primary goal is the discovery of a large stand-alone high grade gold resource. Adamera is the dominant regional exploration company in the area.
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 assujmptions 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.