Intersection Of Gold & Silver In First Three Drill Holes At Flag Hill South
VANCOUVER – Adamera Minerals Corp. reported on its first three drill holes at the Flag Hill South property in Washington State. The results indicate a marked increase in gold-silver grades and vein width with depth supporting our interpretation that the property holds viable potential for a high-grade epithermal system, similar to the nearby Knob Hill Gold Mine.
Drill Results Include: 1) FHS24-01: 1.1m @ 0.3 g/t gold and 1.0 g/t silver – Elevation 918.5m. 2) FHS24-02: 2.0m @ 3.0 g/t gold and 10.8 g/t silver - Elevation877m. 3) FHS24-03: 2.2m @ 1.8 g/t gold and 71.2 g/t silver - Elevation 904m.?Elevation in metres refers to the intersection point of the eastern margin of the vein
This clear trend of increasing grades and vein thickness as drilling progresses is comparable to the nearby historic Knob Hill and Golden Promise mines, which together have produced over 4 million ounces of gold and 15 million ounces of silver. The Knob Hill deposit was mined to a depth of 365m.
“We are excited by the early results from our Flag Hill South property. An increase in grade with depth and the appearance of microbanding, typical of low sulphidation epithermal systems, is what we wanted to see,” says Mark Kolebaba, CEO of Adamera. “This drilling has provided vital geochemical and geological evidence that allows us to compare the property with the high-grade Knob Hill and Golden Promise deposits, approximately 2 km away. The higher silver, selenium and tellurium values with gold is significant and gives us clear exploration direction and confidence in the potential of the property.”