For thousands of other reports visit RSC's Mineral Intellingence Map
Adamera Minerals Corp.
Summary
| Project: | Cooke Mountain | |
|---|---|---|
| Deposit: | Key West | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 3/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-3-2018: Adamera Minerals Corp. announces an Exploration/Drilling Update report for its Key West deposit at the Cooke Mountain project. No significant assay results, sulfide zone results incl. up to 0.2g/t Au. Vancouver, BC, March 13, 2018 - Adamera Min | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Martin St. Pierre, Jim Ebisch (Not stated) | |
| ABSTRACT: | Vancouver, BC, March 13, 2018 - Adamera Minerals Corp. (TSX V: ADZ) announces gold results for the first and second drill holes on the SE-01 VTEM target at its Cooke Mountain project in Washington State. Drill hole HLK18-01 returned elevated gold values up to 0.3 g/t in zones with sulfide mineralization. Drill hole HLK18-02 provided gold zones assaying up to 1.0 g/t gold. A third hole was drilled 100 metres to the south. Assays are pending. The drill is now testing an entirely different VTEM conductor next to the Key West gold mine. The first drill hole at Key West, drill hole KWN18-01, has intersected several zones of massive to semi massive sulfide and magnetite. In addition, a significant zone with sheeted quartz veins and sulfides was intersected. The two SE-01 drill holes were collared from the same pad and drilled at the same azimuth. Hole HLK18- 01 was drilled at -55 degrees and HLK 18-02 at -43 degrees to intersect the target up dip. Both holes intersected +100 metre zones with sulfides, magnetite and silica alteration suggesting a large mineralizing system. A third hole, HLK18-03 intersected a visually similar zone 100 metres to the south. “Assays from SE-01 are disappointing as the VTEM target was particularly compelling. It did demonstrate however that VTEM is a very effective tool for identifying “blind” mineralization. Soil samples and geophysical data surrounding the SE-01 target suggest mineralization extends well beyond the SE-01 target. Results from the third hole will determine how we rank follow up drilling. The drill rig is now testing a well-defined VTEM conductor located approximately 300 metres from the Key West open pit gold mine. This target does not appear to have been tested in the past despite its proximity to a high-grade deposit. Likely, it was not previously known” states Mark Kolebaba, President and CEO of Adamera Minerals Corp. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report