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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (6636)6/13/2014 5:14:53 PM
From: Goose94Read Replies (1) of 203365
 
Adamera Minerals (ADZ-V) June Friday 13th 2014 has commenced drilling on the Empire Creek property. The program is focused on an area with several historic drill holes and recent trenches that encountered significant gold mineralization. Two of three drill holes have been completed. A third drill hole is currently under way. Any significant results from this program will be released.

Original historic drilling on the property appears to have targeted flat-lying mineralization. Work by Adamera suggests a different geological model with high-grade gold mineralization along several vertical to near-vertical zones.

"The objective of this program is to determine control and orientation of the gold mineralized zones. With only three drill holes we are not attempting to test the entire property, we are simply testing an idea. Once this has been determined and further drilling is warranted, we will continue with a second drill program along strike and on several areas with similar characteristics," says Mark Kolebaba, president and chief executive officer of Adamera Minerals.

On the basis of prospecting and soil geochemistry the zones appear to extend for more than 500 metres along strike.

Other business

The company's annual general meeting was held on June 10, 2014. During the meeting all resolutions were passed including the re-election of all directors.
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