Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Production / Operations Routine +

Adamera Minerals Establishes Washington Tungsten Hub to Advance Domestic U.S. Supply

Adamera consolidates its Washington tungsten hub ahead of a 2027 U.S. defense deadline to secure critical supply chains.

Executive Summary

Adamera Minerals Corp. announced the establishment of the "Washington Tungsten Hub," a consolidation of four scheelite-bearing tungsten properties in northeastern Washington: Talisman, Tungsten Ridge, Pierre Creek, and Roosevelt Tungsten Skarn Front. The company plans to initiate surface exploration drilling at Talisman and rehabilitate historic underground workings at both Talisman and Tungsten Ridge to characterize mineralization continuity at depth.

This strategic pivot is timed to capitalize on a surge in Ammonium Paratungstate (APT) prices, which rose from approximately $340/mtu in January 2025 to roughly $3,150/mtu in mid-2026. The move also aligns with the January 1, 2027 deadline for Section 4872 of the 2027 NDAA, which will restrict tungsten sourced from China, Russia, Iran, and North Korea in U.S. defense procurement. Adamera is actively pursuing strategic partnerships and capital markets financing to fund hub development.

The announcement follows a systematic staking and survey campaign. In March 2026, the company staked Tungsten Ridge, followed by magnetic surveys and land expansion in April 2026. On June 16, 2026, three drill targets were identified at Talisman using 3D inversion modeling. The June 25 release consolidates these efforts into a unified hub strategy ahead of the federal procurement deadline.

Material Impact

Adamera Minerals Corp. (ADZ) announced a strategic rebranding of its assets, a move that serves as the expected culmination of its March-June 2026 staking and geophysical campaign. The company is consolidating its holdings under a single banner to align with macroeconomic tailwinds, specifically citing a tungsten shortage and NDAA mandates.

The announcement does not include new financial data, drill results, or closed financing terms. Management stated the company is "pursuing" partnerships and financing, indicating that capital has not yet been secured for the hub's development phase.

While management emphasized the strategic timing and price environment, the release omitted the company's current cash position of $323k CAD as of 2025 and its operating losses, which resulted in a net income of -$5.54M in 2025. This omission downplays the immediate liquidity constraints required to execute the announced exploration plan.

The news is considered incremental and expected given prior announcements. It provides a clear catalyst timeline of Jan 2027 but lacks near-term operational or financial validation.

ADZ · Price
Company Overview

Adamera Minerals Corp. (TSX-V: ADZ) is a junior exploration company focused on high-grade gold and critical minerals in established mining districts. Its flagship asset is the Talisman Tungsten Property in Washington State, a past-producing underground mine with historical grades of 0.35%–1.0% WO₃, alongside zones reporting up to 5% copper and 103 g/t silver. The property includes partially open underground workings and a newly identified polymetallic skarn system.

The company’s secondary portfolio includes the South Hedley Project in British Columbia, featuring the Max and Glix gold-copper prospects, as well as Washington State gold projects including Flag Hill South, Empire Creek, and Buckhorn 2.0. The investor presentation emphasizes gold targets, indicating a dual-track exploration strategy.

Read the original news release →

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