Northwire Canada EditionTuesday, October 20, 2026
Northwire
⌕
GOLD 4151.50 −0.2% SILVER 57.97 +1.2% COPPER 6.61 +0.5% OIL 97.40 −1.2% PALLADIUM 1115.25 −0.7% ADZ 0.130 +8.3% NXS 0.150 +0.0% ETG 2.83 −6.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.37 +0.4% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.09 −6.3% GOLD 4151.50 −0.2% SILVER 57.97 +1.2% COPPER 6.61 +0.5% OIL 97.40 −1.2% PALLADIUM 1115.25 −0.7% ADZ 0.130 +8.3% NXS 0.150 +0.0% ETG 2.83 −6.6% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.37 +0.4% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.09 −6.3%
Drill Results Routine +

Adamera Receives Inverted IP Data for the Max Copper-Gold Target as Surveying of the Last Line is Underway, South Hedley Project, British Columbia

Adamera expands its maximum IP anomaly, though the company remains pre-revenue with a cash burn that dominates its current risk profile.

Executive Summary

Adamera Minerals Corp. (ADZ) has received inverted induced polarization (IP) chargeability data for lines L1400 to L4200 at the Max Copper-Gold Target on its South Hedley Project. The data reveals a continuous high-chargeability body, reaching up to 77 mV/V, extending from L1800 to L4200. This feature is interpreted as a possible porphyry system under cover.

Surveying for the final line, L5000, is currently underway. The company plans to integrate the full IP dataset with ground magnetics and approximately 2,000 pending 2026 soil samples to finalize drill targets. Drill permit applications for the Max and Glix targets were submitted in February 2026 and remain pending regulatory review.

Material Impact

Adamera Minerals Corp. (ADZ) released results that serve as a direct continuation of the IP survey expansion previously announced on September 2 and October 6, 2026. The data confirms the anomaly’s scale, measuring 3-4 km wide, but provides no new grade, tonnage, or economic potential. The market has already priced in the progressive nature of this survey, with the news viewed as expected and incremental, aligning with the company's stated exploration plan.

ADZ · Price
Company Overview

Adamera Minerals Corp. (ADZ) is a pre-revenue exploration company focused on precious and critical metals in Washington State and British Columbia. Its flagship asset is the South Hedley Project, a roughly 25,000-hectare property in British Columbia located 18 kilometers from Hudbay's Copper Mountain mine.

The company is targeting a buried copper-gold porphyry system. Recent induced polarization (IP) surveys have defined a 3-4 kilometer wide chargeability anomaly that coincides with soil copper anomalies up to 1,450 ppm, gold anomalies up to 1.61 g/t, and a buried magnetic intrusive body.

At the Glix Target, a gold skarn prospect, soil samples have returned gold values up to 4.28 g/t. This mineralization is associated with magnetic lows and VLF-EM conductors.

In Washington State, Adamera has consolidated four scheelite-bearing properties—Talisman, Tungsten Ridge, Pierre Creek, and Roosevelt—into a tungsten hub. This consolidation aims to capitalize on rising tungsten prices and U.S. defense supply chain requirements.

Read the original news release →

More from Adamera Minerals Corp.