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Volume 4.0K
As of 10:34 AM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

adamera minerals corp (ADZ) Snapshot

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06/5/14 - C$0.10
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adamera minerals corp (ADZ) Details

Adamera Minerals Corp., an exploration stage company, is engaged in the acquisition and exploration of precious metals. The company explores for gold/silver, uranium, and copper deposits in Washington State. It holds interests in Poland/China and Golden Reward properties located in Okanogan County, Washington; and Empire Creek, Talisman, Flag Hill, and Oversight properties located in Ferry County, Washington, as well as in Alder Historic Mine Site in Washington. The company also owns interests in various properties located in Nunavut and Northwest Territories, Canada. Adamera Minerals Corp. is headquartered in Vancouver, Canada.

adamera minerals corp (ADZ) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$66.4K
Chief Financial Officer
Total Annual Compensation: C$36.0K
Compensation as of Fiscal Year 2014.

adamera minerals corp (ADZ) Key Developments

Adamera Minerals Corp. Initiates Ground Magnetic Survey over the Northern Portion of the Oversight Gold Property in Washington, USA

Adamera Minerals Corp. has initiated a ground magnetic survey over the northern portion of the Oversight gold property in Washington state, USA. Of particular interest is a specific area with historic drill holes that interestected high grade mineralization, including 8.5 metres at 32.2 g/t gold. The mineralized area is part of the past producing Overlook Mine which extends onto Adamera's Oversight property.

Adamera Minerals Corp. Auditor Raises 'Going Concern' Doubt

Adamera Minerals Corp. filed its Annual on Apr 30, 2015 for the period ending Dec 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Adamera Minerals Corp. Expands the Oversight Gold Property

Adamera Minerals Corp. announced that it has significantly expanded the Oversight Property in Washington State to secure the western margin of the overlook deposit and the possibility of a new mineralized horizon to the north. Claims to the north and northwest have been acquired to cover the westernmost high-grade portion of the previously mined Overlook deposit. The new claims secure land with 30 historic drill holes completed by Echo Bay Mines in the late 1980's. Adamera is reviewing that data to identify follow-up drill targets. The new claims cover the western margins of the overlook deposit where drill holes show significant intercepts. Mineralization, including 8 meters of 30 g/t gold was intersected and likely mined by Echo Bay. A new area of interest to Adamera is a separate cluster of drill holes to the north with modest intercepts up to 11 meters of 2.6 g/t gold including 4 meters of 4.5 g/t gold that may represent the outer margin of another mineralized zone. There is currently no evidence of historic follow-up drilling, leaving the potential for additional overlook style mineralization to the north. A ground magnetic survey, soil sampling and mapping program will be completed on the new claims to assist in defining drill targets. The overlook deposit was originally reported to contain approximately 430,000 ounces of gold at an approximate grade of 5 g/t. Echo Bay Mines mined a reported 280,000 ounces of gold at an average grade of about 5.5 g/t creating the possibility that a significant amount of ore may remain at overlook. The operating Kettle River Mill which is located 5 kilometers to the south was originally built for the overlook deposit. A well maintained haul road between oversight and the mill exists which may help to minimize timelines from discovery to production.


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