Adamera Minerals Expands High-Grade Gold Anomaly at Glix Prospect on South Hedley Property

Adamera Minerals Corp. continues to expand the Glix Prospect and has identified several additional soil samples with anomalous gold values ranging from 24 to 4,283 ppb* (4.3 g/t) gold. A follow up sampling and prospecting program is underway and geophysical surveys are being planned for the Glix area. The Glix prospect is located on the Company's 100% owned South Hedley claims in British Columbia and is the second prospect delineated on the property this year.

Approximately 2.5 million ounces of gold were reportedly produced in the Hedley Gold Camp according to historical data from https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-development-office/gold_september_2015.pdf. The South Hedley Property is located less than 10 kilometres from Barrick Gold Corp's past producer, the Nickel Plate Mine, making the discovery particularly significant given the proximity to known gold-producing infrastructure.

The Glix Prospect is a coherent and continuous gold in soil anomaly that currently measures approximately 90 x 50 metres and is open for further expansion. The most recent samples from the Glix Prospect were collected to test the north and south limits of the soil anomaly. The sample results strongly suggest the anomaly remains open in all directions except the east, where the anomaly terminates at a prominent north-south trending fault. A crew will be mobilized shortly to attempt to locate a bedrock source for the gold near the 4,283 ppb* sample and further test the lateral limits of the soil anomaly.

Mark Kolebaba, President and CEO of Adamera, stated that this most recent sampling program significantly advanced this project. The site with a soil sample containing 4.3 g/t gold, which is the highest gold value recovered on the property to date, will be the focus of immediate prospecting. This represents a very high priority for the Company, considering the grade of the samples and how unexplored the area is.

The Glix Prospect is located in an area on the property with favourable geology. Prospecting by Adamera identified an inlier of scapolite-altered clastic and impure calcareous rocks thought to be laterally equivalent to the Late Triassic Hedley Formation, host to the Nickel Plate and Mascot mines to the north. In addition, sulphide mineralization (pyrrhotite-arsenopyrite) in limestone was discovered within 300m of the gold bearing soil samples. The immediate area appears to be unexplored with the exception of reported work to the north in the 1990s.

Adamera first identified this prospect by reconnaissance soil sampling. First pass sampling returned weakly anomalous fire assay values ranging from 25 to 45 ppb gold. Follow up sampling returned a sample with 419 ppb* gold. Previous follow up sampling identified numerous samples with highly anomalous gold values ranging from 17 to 684 ppb*. Samples with anomalous gold also show significant enrichment in zinc and arsenic which are known to be pathfinder elements at the nearby Nickel Plate and Mascot mines.

Adamera will be initiating a Notice of Work application under the Mines Act for a drill program to test both the Glix and Max prospects. The expansion of high-grade gold anomalies in close proximity to historic gold production areas suggests potential for significant mineral resource development in a region with established mining infrastructure and proven gold endowment.