Agoracom: Small Cap Investment - Adamera Minerals Corp - TSXV-Listed Adamera Minerals Down 41% On Disappointing Exploration Results

Welcome to the Adamera Minerals Hub On AGORACOM

High Grade GOLD and SILVER Exploration in Washington State

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Reply New Message

Back To Forum List View

RockLicker

Rank: President [?]

Points: 101894 [?]

Votes: 328 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

TSXV-Listed Adamera Minerals Down 41% On Disappointing Exploration Results

posted on Mar 13, 2018 01:28PM

2018-03-13 01:14:56 PM ET (MT Newswires)

01:14 PM EDT, 03/13/2018 (MT Newswires) -- Adamera Minerals (ADZ.V) was down 41% Wednesday after announcing disappointing exploration results at its Cooke Mountain project in Washington State.

The company said one drill core at the site, SE-01, contained 0.3 grams per tonne (g/t) of gold, another showed 1 g/t while assays are pending on a third core. It is moving its drill to another target identified in geophysical surveys.

"Assays from SE-01, to date, are disappointing," Mark Kolebaba, the company's chief executive, said in a statement. " ... Soil samples and geophysical data surrounding the SE-01 target suggest potential for mineralization extends well beyond the SE-01 target. Results from the third hole will determine how we rank follow up drilling."

Adamera shares were down $0.07 to $0.10 at last look on the TSX Venture Exchange. More than 1.9 million shares traded, more than five times the usual volume.