Adamera Intersects High-Grade Gold at the Poland China Property. Here is what we think.
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For more information click here to visit the Adamera website or call Heather Kays, Manager of Corporate Communications, at (604) 689-2010.
October 16, 2013
Adamera Intersects High-Grade Gold at the Poland China Project
Core samples were sent to Acme Analytical Laboratories Ltd. for analysis. Samples were partially digested using an aqua regia solution. Sample splits of 15 grams were analyzed for gold using ICP-MS.
The structural analysis and interpretation including project data review was performed by Scott Close, P.Geo of Ethos Geological. Scott Close, P.Geo, and Jim Ebisch, P.Geol are the Qualified Persons as defined by National Instrument 43-101 reviewing the data in this release.
Adamera’s strategy in Washington State is to discover high-grade gold mineralization near established infrastructure. Specifically, the company is targeting areas near the Kinross Kettle River Mill. The Kinross mill is reported to be operating at half capacity with ore shipped 70 kilometres from the 1.3 million ounce Buckhorn mine which has only 2 years mine life remaining. Average grade of the Buckhorn mine is 11.3 g/t gold and production costs are reported to be between $420 and $500 per ounce. The Poland China property is only 80 kilometres by paved road to the Kinross Mill.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Heather Kays
Manager, Corporate Communications
Tel: (604) 689-2010
Fax: (604) 484-7143
Email: info@Adamera.com
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.
“P.Geo of Ethos Geological” – what’s in a name? 🙂