The Keystone Gold Target Area On The Buckhorn 2.0 Project

VANCOUVER - Adamera Minerals Corp. has developed the Keystone Prospect on the Buckhorn 2.0 Gold Project, Washington State as a priority target. Keystone is one of 25 targets submitted for drill permitting. The Keystone Prospect falls within several exploration datasets including historic drilling that intersected 45 g/t gold over 1.5 meters at a depth of about 75 meters. Other nearby drill holes intersected mineralization assaying 3 and 7 g/t gold over similar intervals.

“Keystone is one of 25 targets submitted for drill permits at Buckhorn. It also happens to be one of the first sites visited by Adamera when Buckhorn 2.0 was staked in 2020. Keystone checks all the boxes on our target priority list including proximity to a major mine, known gold mineralization and favorable geology, geochemistry and geophysics. This is just the type of target that demonstrates the potential of the entire project,” said, Mark R. Kolebaba President and CEO.

A partial coverage of the area with VLF-EM (Very Low Frequency-Electromegnetics) shows EM conductors coincident or partially coincident with the magnetic dipoles. Outcrop samples yield significantly anomalous gold values from 130 to 622 ppb. The Buckhorn Mine produced 1.3 million ounces of gold at an estimated grade of 13 g/t gold between 2008 to 2017. Through the process of data review and interpretation, the Adamera has identified several other targets close to Keystone that also merit follow up exploration. As reported earlier, Adamera has applied for permits to drill targets in this area. Prior to drilling, the VLF-EM survey will be completed and additional soil and rock sampling performed on a detailed grid.