Adamera Identifies Second Prospect on the South Hedley Gold Property, British Columbia

Core Viewpoint - Adamera Minerals Corp. has identified a new gold prospect, the Glix Prospect, on its 100% owned South Hedley Gold Property in British Columbia, which shows promising gold values and is located near previously identified prospects [1][2]. Group 1: Prospect Identification - The Glix Prospect is situated over 10 km from the Max Prospect and has shown significant gold values in soil samples ranging from 80 ppb to 684 ppb [1][2]. - Initial reconnaissance soil sampling returned weakly anomalous fire assay values of 25 to 45 ppb gold, with follow-up sampling yielding a notable 419 ppb gold sample [2][5]. - The prospect remains open for further exploration, with more than half of the follow-up samples returning anomalous gold values [2][5]. Group 2: Geological Context - The prospect is characterized by scapolite-altered clastic and impure calcareous rocks, believed to be equivalent to the Late Triassic Hedley Formation, which hosts nearby Nickel Plate and Mascot mines [3]. - Sulphide mineralization, including pyrrhotite-arsenopyrite, was discovered within 300 meters of the gold-bearing soil samples [3]. Group 3: Historical Context and Exploration Potential - The South Hedley Property is located less than 10 km from Barrick Gold Corp's Nickel Plate Mine, which historically produced approximately 2.5 million ounces of gold [6]. - The CEO of Adamera Minerals expressed surprise at the limited exploration conducted in the area over the past decades, indicating significant potential for further discoveries [4]. Group 4: Analytical Methodology - Soil samples were analyzed using the DetectORETM method, which allows for rapid gold analysis at ppb levels, ensuring rigorous quality control [7]. - The method involves inserting a standard rock sample every 30 to 45 samples to maintain accuracy, with the pXRF capable of analyzing up to 180 samples per run [7].