Stream Sample Program On The Buckhorn 2.0 Gold Property

VANCOUVER - Adamera Minerals Corp. reported the completion of a reconnaissance stream sampling program across the entire Buckhorn 2.0 project area in Washington State. A total of 173 sites have been sampled. At each site, two types of samples were collected, a stream sediment sample and a pan concentrate. The samples have been submitted to a laboratory for analysis, results are pending.

“The dataset being acquired from Kinross Gold does not include stream sediment geochemistry. Furthermore it would appear that this type of survey was never conducted over the Buckhorn property. Adamera’s stream sediment data should be a key element to our ranking targets for drilling. It could also identify new areas of high gold potential that fall outside of the NW-SE Buckhorn Mine corridor,” said Mark Kolebaba, President and CEO.

The Buckhorn data package includes multiple airborne geophysical surveys, a large number of soil and surface rock sample results, geological maps, ground geophysical surveys and drill hole results. The transfer of the data is expected to be completed shortly.

Adamera’s Buckhorn 2.0 Gold Property surrounds Kinross’ Buckhorn Gold Mine that was closed in 2017. The mine produced approximately 1.3 million ounces of gold at an average grade of about 12 g/t.