Exploration Initiated On The Flag Hill Gold Property
VANCOUVER – Adamera Minerals Corp. has initiated exploration on its Flag Hill Gold Property near Republic in Washington State. The objective is to set priorities for drilling the many known gold veins on the property.
The Flag Hill Property has been held by Adamera since 2013. The Republic Gold District is the largest gold producing area in Washington State. Reported production is +4 million ounces of gold (average grade 24g/t) and 15.8 million ounces of silver (average grade 110 g/t). Mining in the district ceased in 1996 when Hecla Mining suspended operations. Flag Hill is located on BLM land 10 km from the Kinross Kettle River Gold Mill and minutes from the historic town of Republic.
“Over the past several years, Adamera has mapped and sampled several gold bearing vein sets on the property. Significant surface gold grades range from 3 to 12 g/t. The veins are low sulphidation epithermal, which is consistent with the district. Vein textures exhibit characteristics suggesting a high level of emplacement. This indicates drilling will be the only avenue to test the veins to depth where widths and high grades characteristic of the district might be discovered. We like the potential high reward at low cost of conducting exploration near Republic. It is remarkable that practically no drilling has taken place despite a major gold mine being located only one kilometre away,” says Mark Kolebaba President and CEO of Adamera.