Vancouver, British Columbia, September 15, 2016 - Adamera Minerals Corp. (TSX-V: ADZ)
announces that it has staked a block of mineral claims north of the Lambert Creek property in Washington State. The St Peters Creek property covers 440 acres of a trend the company believes is important with respect to gold mineralization. The Overlook, Key East, Key West and Belcher mines occur along this trend.
'This property has all the geological features we are looking for and no sign of recent exploration, making it highly prospective for discovering high grade gold mineralization. Adamera's new geological model for the region is the driver for this land acquisition.' says Mark Kolebaba, President and CEO of Adamera Minerals Corp.
The St Peters Creek claims are approximately 3.5 km from the existing haul road at the Key East and Key West Mines which are located 5 km from the Kettle River Mill.
Adamera Minerals Corp. is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. The company's strategy is to fast-track the discovery to production process by exploring close to an existing mill in need of ore. Adamera is exploring several projects and is the dominant exploration company in the area.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Tel: (604) 689-2010
Fax: (604) 484-7143
Email: [email protected]
Website: www.Adamera.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.