(TheNewswire)
Vancouver, B.C. - TheNewswire - March 23, 2021 - Adamera Minerals Corp. (TSXV:ADZ ) ; ( OTC:DDNFF) announces the appointment ofMr. Christopher Herald as a Director to the Company.
Mr. Herald has over 35 years of geological andmanagement experience in the resource sector. He received an M.S. inGeology from the Colorado School of Mines and a B.S. in Geology fromthe University of Notre Dame. Mr. Herald worked extensively in theRepublic Washington region from 1986 to 2006 for Echo Bay Mines andCrown Resources. As Chief Executive Officer of Crown, Mr. Herald ledexploration teams in the discovery and development of both theBuckhorn and Kettle River mines. This effort culminated withCrown’s sale of the Buckhorn Mine to Kinross Gold for US$220million in 2006. Prior to joining Crown, Mr. Herald was a SeniorGeologist with Echo Bay Mines and Anaconda Minerals. Mr. Herald iscurrently the Chief Executive Officer of Solitario Zinc Corp. andNon-Executive Chairman of Viva Gold.
Crown Resources discovered the Crown Jewel deposit in1988 and was acquired by Kinross Gold in 2006.The Crown Jewel deposit was renamed the Buckhorn Mine and was inproduction from 2008-2017 producing 1.3 million ozs of gold at anaverage gold grade of 12 g/t. Kettle River produced an additionalestimated 1.7 million ozs of gold.
“ Mr.Herald’s appointment to the board is very much in line with ourcorporate strategy in advancing our Buckhorn 2.0 and other Adameraproperties. Chris’ depth of knowledge and direct experience indiscoveries in this area are of significant value to shareholders. Iam looking forward to working with Chris,” says Mark Kolebaba, President and CEO of Adamera Minerals.
“ TheBuckhorn area was an amazingly prospective area in the 1990s andremains equally as prospective today. I am impressed with theportfolio of properties and the technical advancement that Adamera’sexploration team has achieved. In a way this is a homecoming for meand I’m very excited by the opportunity to join the Adamera team andexplore the area again,” stated ChrisHerald.
Upon joining Adamera’s Board of Directors, Mr. Heraldwill be granted 960,000 options at $0.10, subject to stock exchangeapproval.
Adamera Minerals Corp. is exploring for multiplehigh-grade gold prospects in northeast Washington State. This area hasproduced approximately 8 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 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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