ADZ:CC - Adamera Identifies Copper/Silver Mineralization on Buckhorn 2.0 Gold Project
(TheNewswire)
Vancouver, British Columbia – TheNewswire - May 27, 2024 - Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF)has identified two zones with significant copper potential on theBuckhorn 2.0 Property in Washington State. Both areas exhibit rocksamples with significant values of copper and silver. The two zonesflank the Buckhorn gold mine to the north and south respectively. Eachone measures more than a kilometre in diameter.
The northern zone is defined by rock grab samples ranging from 0.1 to5.9% copper with silver values ranging from 1 to 188 g/t. In additionto surface rock samples, several shallow historic drill holesintercepted strong copper mineralization. One historic drill holeintersected 4.3% copper over 6 metres and another 1% copper over 13metres.
The northern zone extends south towards the Buckhorn Gold Mine and tothe north it is proximal to the Magnetic Mine, a significant ironoxide / magnetite horizon that was historically mined. Adamera’sgold intercept at VTEM 1 (4g/t over 1.2 m and 1.6 m) is within thisnorthern zone just south of the Magnetic Mine.
The southern zone is located south of the Buckhorn Gold Mine. Surfacerock grab samples have assayed 0.1 to 4.9% copper with silver valuesfrom 1 to 376 g/t. Two historic grab samples reported very high silvervalues of 55,420 g/t Ag and 82,960 g/t Ag.
Much of the exposed granodiorite intrusive at Buckhorn Mountain isdevoid of copper, silver, and gold in stark contrast to the brecciatedgarnet/epidote skarn in the northern zone that hosts widespreadcopper/silver mineralization. It is suggested that a separatesubsurface intrusive body is responsible for the skarn mineralization.Geophysics followed by deeper drilling would be necessary to test thepossibility of nested intrusives.
“The Buckhorn 2.0 Property is primarily of interest for gold, giventhe exceptional Buckhorn skarn hosted gold deposit that the area isknown for. Coincidentally our data highlights a broad central zone ofhigh copper and silver surrounding the deposit. While we have takenmajor steps to define drillable gold targets, we can’t ignore thecopper-gold-silver potential as no modern copper exploration has beenundertaken in the district. Fortunately, we have substantial baselinedata to initiate an assessment of the copper potential” says MarkKolebaba President and CEO of Adamera.
The Buckhorn Gold Mine was operated by Kinross Gold Corp. from 2008 to2017 and produced 1.3 million ounces of gold at a grade of about13g/t.
Jim Ebisch (P.Geol.), a qualified person, has reviewed data related tothe project.
About Adamera
Adamera Minerals Corp. is exploring for a high-grade gold deposit nearRepublic Washington. This area has reportedly produced 8 millionounces of gold. Adamera is the dominant 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
Phone: (604) 689-2010
The TSX Venture Exchange has notreviewed and does not accept responsibility for the adequacy oraccuracy of this release. Statements in this press release, other thanpurely historical information, including statements relating to theCompany’s future plans and objectives or expected results, mayinclude forward-looking statements. Forward-looking statements arebased on numerous assumptions and are subject to all of the risks anduncertainties inherent in resource exploration and development. As aresult, actual results may vary materially from those described in theforward-looking statements.
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