Adamera Commences November Field Program at South Hedley Gold-Copper Project, British Columbia

The most recent news, dated 2025-11-12, announces that Adamera Minerals Corp. has commenced a field program at its South Hedley Gold-Copper Project in British Columbia. The program focuses on expanding the Max and Glix prospects through geochemistry and geophysics. The company expects to complete this work by mid-December, after which it plans to submit a drill application. Mark Kolebaba, President and CEO, highlighted the Max prospect's potential for a significant gold-copper system and the Glix prospect's high gold, zinc, and arsenic values in soil samples, stating both are rapidly advancing towards drill readiness. The Max prospect is described with a 900-meter gold soil anomaly and a 500-meter magnetic feature. For the Glix prospect, an additional 400 soil samples are planned.

This news is a routine operational update regarding ongoing exploration work at the South Hedley project. It outlines the continuation of an established field program and reiterates the company's intention to prepare for drilling. While exploration progress is generally positive for a junior explorer, this specific announcement does not present new discoveries or significantly upgraded results beyond what has been previously communicated.

Contextual review of previous news: * 2025-09-04, 2025-09-16, 2025-09-24: Multiple news releases detailed the identification and expansion of the Glix prospect at South Hedley, including high gold values (up to 4,283 ppb or 4.3 g/t) in soil samples and plans for geophysical surveys and drilling. * 2025-08-07, 2025-08-14: Earlier news introduced the Max prospect on South Hedley, with reconnaissance soil samples up to 1,340 ppb gold and ongoing follow-up work confirming an extended gold anomaly and a coincident magnetic feature. * The current news is a direct continuation of these efforts, indicating the field program is now underway to further delineate these prospects ahead of drilling. It confirms the company is acting on its stated plans, which is positive, but it does not introduce new information that would materially alter the company's valuation or risk profile at this stage. The "advancing rapidly towards drill readiness" phrase is consistent with previous statements about initiating permitting for drilling (2025-09-24).

Financial Implications: The company announced a non-brokered private placement on 2025-10-09 to raise $724,000 for exploration, including on South Hedley. With a cash balance of $251,217 as of March 31, 2025, and a quarterly cash burn of approximately $351,594 (Q1 2025), the company has a working capital deficit and requires this financing to continue operations and execute planned exploration, including the South Hedley program. The commencement of the field program signals that the company is proceeding with planned expenditures, likely anticipating the closing of this financing or drawing on existing limited funds. The routine nature of the exploration update, without any new significant findings, does not provide additional catalysts for the financing or immediate share price appreciation.

The news is routine in that it is an update on an ongoing, previously announced program and aligns with the company's stated objectives for the South Hedley project.

Adamera Minerals Corp. (ADZ) is a mineral exploration company focused on developing gold and copper projects primarily in Washington State, USA, and British Columbia, Canada. The company emphasizes grassroots exploration to define drill targets in historically productive mining districts.

Flagship Projects and Development:

1. South Hedley Gold-Copper Project (British Columbia, Canada):

   • Overview: 100% owned, 18,714-hectare property in a district that produced 2.5M+ oz gold. Hosts skarn-related and vein-hosted gold occurrences similar to the historic Nickel Plate and Mascot mines.
   • Key Prospects:
     • Max Prospect: Identified in Aug 2025, with soil samples up to 1,340 ppb gold and a 500m magnetic target. The current news details ongoing field work to expand this prospect, with a 900m long gold soil anomaly and a 500m magnetic feature. Permitting for drilling initiated (Sept 2025).
     • Glix Prospect: Identified in Sept 2025, 10-15 km from Max. Features soil and rock samples with high gold (up to 4,283 ppb or 4.3 g/t), arsenic, and zinc values over a 90m x 50m zone. Follow-up sampling and geophysical surveys planned/underway. Permitting for drilling initiated (Sept 2025).
   • Current Status: Field program commenced (Nov 2025) to advance Max and Glix towards drill readiness, with drill application submission planned for mid-December.

2. Flag Hill South Gold-Silver Property (Washington State, USA):

   • Overview: Located in the Republic Gold District, known for historical production of over 4M oz gold and 20M oz silver. Adamera has an option to acquire 100% interest.
   • Development: 2024 drilling (Feb 2025 news) intersected epithermal veins with increasing gold-silver grades and widths at depth (e.g., 2.0m at 3.0 g/t Au and 10.8 g/t Ag). Deeper drilling planned for 2025 (July 2025 news) to test veins at 175m depth and a large magnetic low anomaly at 80-85m depth.

3. Empire Creek Gold Property (Washington State, USA):

   • Overview: Drill-ready epithermal targets on the same structural corridor as historic K2 and Granny Mines. Historical drilling intercepted 10.5 g/t gold and 183.3 g/t silver over 15.24m.

4. Buckhorn 2.0 (Washington State, USA):

   • Overview: Large land position surrounding Kinross Gold Corp.'s past-producing Buckhorn mine. Over 30 skarn-hosted gold-copper targets modeled. Only 4 out of 40 targets tested to date.

5. Talisman Property (Washington State, USA):

   • Overview: Polymetallic system with tungsten, copper, silver, lead, zinc, and bismuth. Recent discovery of significant tungsten mineralization extended 720m south of the historic mine (Nov 2025 news). Tungsten is a US federally designated critical mineral.
   • Strategy: The company plans to offer the project for a joint venture to continue exploration (Oct 2025 news).

The company has a broad portfolio of early-stage to drill-ready projects in established mining jurisdictions. Historically, funding limitations have restricted follow-up drilling (Sept 2025 news).