High-Grade Gold Zone Drilled On Lamefoot South Gold Project

VANCOUVER - Adamera Minerals Corp. announced a high-grade gold intersection assaying 10.51 g/t gold over 4.4 meters on the Lamefoot South gold property in Washington State. Drill hole LS22-02 includes two contiguous assays with 14.31 g/t Au over 1.22 meters and the other 21.24 g/t Au over 1.07 meters. The site is located 540 meters southeast of the former Lamefoot Gold Mine.

Two initial follow up holes were drilled at PL-6, the 2021 discovery drill hole that intersected 4.7 g/t gold over 2.7 meters including 10.7 g/t gold over 0.76 meters. The 2022 drilling was successful in confirming the gold mineralization and determining the orientation of the mineralized zone. Drill hole LS22-02 suggests gold grades and mineralized width increase with depth in a rod-shaped zone plunging and widening to the northwest. LS22-01 may be off-axis, defining a tentative southwestern limit.

“We consider this to be a new discovery for Adamera. I am strongly encouraged by the similarities observed between the past producing Lamefoot Mine ore bodies and our new discovery; this makes sense given their close proximity.” says Mark Kolebaba, President and CEO of Adamera Minerals Corp. “By using our multi-layered data approach and new geological model we have recognized a new unexposed mineralized zone that was clearly missed by past explorers. We believe we have a combination of targeting methods that will make exploration going forward more efficient and increase our drilling success.”