Resource World Magazine

M I NI NG Adamera Minerals finds Washington State high-grade gold by Ellsworth Dickson Adamera Minerals Corp. [ADZ-TSXV] has identified a third high priority gold target area on the Poland-China property in northeast Washington State, site of a formerly producing mine located about 10 km from the 1.2 million ounce producing Buckhorn Gold Mine of Kinross Gold Corp. [K-TSX]. Mark Kolebaba, President and CEO, says Adamera's business strategy is to define high-grade gold resources that could be shipped to the Kinross mill at Republic, Washington. As such, Adamera is exploring five gold prospects within reasonable trucking distance from the mill. Grab samples, from outcrop located 1.6 km north of the Poland-China Mine, returned high-grade gold values, including quartz veining and pyrite that assayed 21.17 g/t gold, and a nearby quartz vein containing semi-massive pyrite that assayed 56.5 g/t gold. These results are considered to be significant because of their association with other coincident features such as proximity to a regional geological contact between sedimentary and volcanic rocks, the Poland-China Mine and numerous geochemical soil anomalies occurring along this contact. In addition, the high-grade samples were collected within a 300-metrelong intense soil geochemical anomaly. There is also magnetic low anomaly and a prominent VLF-EM conductor extending south of the anomaly for 650 metres toward the Poland-China Mine. This third area is 700 metres west of a new high-priority gold target area. This second area is 1.5 km north of the Poland China Mine where there is evidence of extensive historic placer mine workings that extend for about 500 metres. "Almost every significant gold deposit in the Cordilleran has an associated, nearby, placer component," said Kolebaba. "The placer gold occurrence at the Poland China property has been previously overlooked 48 www.resourceworld.com RW December 2013.indd 48 with regards to originating from a nearby bedrock source, and we now recognize it as being far more important than initially thought. It is unusual to find this high concentration of coarse, local gold in unsorted soil. This, along with the Poland China Mine, and the many other showings and anomalies found elsewhere, demonstrate how widespread gold mineralization is on the property. This second gold occurrence is well suited to excavator trenching due to the shallow depth to bedrock in much of the area and the private land status." In mid-October, Adamera reported the completion of a 404-metre, 12-hole geological drill program and structural analysis on the Poland China property. Drill hole DDH-10 intersected 29.6 g/t gold over 0.4 metres within a 3.7-metre zone averaging 4.5 g/t gold at a depth of 4.6 metres. Several of the holes drilled along strike of the mine also intersected mineralized zones with values ranging from one to 4.6 g/t gold over at least a 1.0-metre drill interval. In addition to the drill program, 812 soil samples were collected. Adamera management is encouraged by these results as the Poland China Mine had a reported historic mining grade of 8.2 to 12.7 g/t gold and 13.7 g/t silver over an average mining width of 2.1 metres. Exploration will resume early in the New Year when two shallow holes are planned to test the high-grade extension intersected in hole 10. A reverse circulation drill program is also being considered. The company has been active on other gold projects in the region, including the Golden Reward Project which is only 32 km to the Kinross mill. Sampling at Golden Reward returned 9.77 g/t gold, 14 g/t and 1.40 g/t over 8.5 metres. Kinross has since picked up mineral rights for land adjoining the Golden Reward claims. At the Empire Creek property, 435 soil samples have been collected and analyzed for trace elements associated with gold Drilling at the formerly producing Poland-China prospect in northeast Washington State. Photo courtesy Adamera Minerals Corp. and silver mineralization using a portable XRF unit. Exploration plans for Empire Creek include two shallow drill holes. At the Flag Hill Mine property, rock sampling was carried out in the old adit where mineralization occurs as gold-bearing epithermal veins. The average historic reported grade at shallow depths was 7.2 g/t gold. Adamera plans to twin an old drill hole that had a reported assay of 41 g/t gold over approximately 1 metre. Soil sampling was conducted last summer at the Oversight property as well as a MAG survey. The company plans to drill an anomaly identified by the geophysical survey. The Buckhorn Gold Mine and Adamera properties are in an area where over 10 million ounces of gold have been mined. The Kinross Buckhorn Mine, which averages about 11.3 g/t gold, has only 2-3 years mine life remaining. Adamera hopes to define significant gold deposits that can be sold to Kinross Gold. n DECEMBER/JANUARY 2014 12/11/2013 6:12 PM

• Cover