DDNFF - Adamera Expands Buckhorn 2.0 Project - Washington State Grants Exploration Leases
(TheNewswire)
Vancouver, B.C. - TheNewswire -September 22, 2020 - Adamera Minerals Corp. (TSXV:ADZ ) (OTC:DDNFF)
announces that theBuckhorn 2.0 Project has been expanded with the grant of explorationleases by the Washington State Department of Natural Resources (DNR).The exploration leases cover an area of approximately 1550 acresincreasing the total project area to 9100 acres. See map below.
Buckhorn 2.0 surrounds Crown/Kinross patented claims onwhich the past producing Buckhorn Mine is situated. The projectextends more then 10 km to the Canadian-USA border, along the westernmargin of the Torada Graben.
The Buckhorn Mine (formerly named Crown Jewel) wasdiscovered by Crown Resources Corp in 1988. Crown Resources Corp. andKinross Gold Corp. merged in 2003. The mine produced approximately 1.3million ounces of gold at an average grade of about 12 g/t goldbetween 2008 and 2017.
Work is underway on theproject, focusing onmapping rock types favourable for gold mineralization in the area.That mapping has located historic mine workings, a number of whichhave been sampled. A total of 76 rock samples have been submitted tothe laboratory for analysis. Detailed ground magnetic surveying andsoil sampling over areas of interest is scheduled to commence next week.
Jim Ebisch, P. Geo., a Qualified Person as defined byNational Instrument 43-101, has reviewed data associated with theproject.
Adamera Minerals Corp. is exploring for multiplehigh-grade gold deposits in northeast Washington State. This area hasreportedly produced over 7 million ounces of gold. Adamera is thedominant regional explorer in the area.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Email: info@Adamera.com
Website: www.Adamera.com
The TSX VentureExchange has not reviewed and does not accept responsibility for theadequacy or accuracy of this release. Statements in this pressrelease, other than purely historical information, includingstatements relating to the Company's future plans and objectives orexpected results, may include forward-looking statements.Forward-looking statements are based on numerous assumptions and aresubject to all of the risks and uncertainties inherent in resourceexploration and development. As a result, actual results may varymaterially from those described in the forward-lookingstatements.
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