Phoenix, Arizona–(Newsfile Corp. – July 14, 2022) – The Stock Day Podcast welcomed Adamera Minerals Corp. (OTC Pink: DDNFF) (“the Company”), a company exploring for high-grade gold deposits near Republic Washington. CEO of the Company, Mark Kolebaba, joined Stock Day host Sever Copley.
Copley began the interview by asking about the Company’s current drilling project. “We are talking about Buckhorn 2.0, which is the project that surrounds the past-producing Buckhorn Mine,” said Kolebaba, adding that the area is known for having produced 1.3 million ounces of gold with an average grade of 13 grams per tonne. “We are looking for high-grade targets.”
“We were able to do a deal with Kinross Gold Corporation for a lot of the older data,” continued Kolebaba. “We put a value on that data of around $15 million and it advances us greatly, maybe by five to six years,” he shared. “In the last several months we have reviewed the data in many different ways, and have been able to develop targets with multiple data sets.”
“Could you tell us more about your other projects?”, asked Copley. “One of our other big projects is Cooke Mountain, which is a project where we have a partnership with Hochschild Mining,” said Kolebaba. “Last year we completed some drilling, and hit a couple of holes that had some high-grade gold,” he shared. “We hope to do a bit more drilling on that this year as well.”
“We also have a number of other projects,” said Kolebaba. “However, a lot of these projects are strategic holdings,” he explained. “Right now our key project is Buckhorn, which is our flagship project, and that is where the real value is.”
“What message would you like to give investors?”, asked Copley. “We are big believers in gold,” said Kolebaba. “Secondly, we have $15 million of data that we are about to point the drill at,” he said. “If you drill ten holes in this caliber of target, I think there is a chance to make a discovery,” said Kolebaba. “We are very excited about this data set and the drill program we are about to embark on.”
To hear Mark Kolebaba’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/8120758-adamera-minerals-corp-discusses-upcoming-drilling-program-for-it-s-buckhorn-mine-project-with-th.
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About Adamera
Adamera Minerals Corp. is exploring for high-grade gold deposits near Republic Washington. This area has reportedly produced 8 million ounces of gold. Adamera is the dominant regional explorer in the area.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
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.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130921