en.Wedoany.com Reported - Adamera Minerals Corp. (ADZ:TSX.V) has identified three priority drilling targets at its Talisman tungsten project in Washington State, USA, through geophysical modeling. The company utilized 3D inversion modeling of ground magnetic data to identify deep magnetic anomaly features potentially associated with tungsten-copper-silver mineralization. The former high-producing Talisman mine has 600 meters of historical mine development, and the new modeling extends the strike length approximately 1,000 meters, with depth extending 200 meters below the workings.
Adamera CEO Mark Kolebaba stated that historically, the mine only exploited a small portion of what now appears to be a much larger mineralized system. He noted that the company had long known the magnetic anomaly extended laterally beyond the mine workings, and this inversion confirms that the anomaly also extends below the historical workings. Additionally, two other undrilled anomalies were identified, one centered on a surface sample with 0.33% WO₃, and a third target located beneath multiple high-grade copper-silver samples collected at surface. A field crew is mobilizing this month to advance these targets toward drill testing.
The primary drilling target, the "Mine Zone," has a strike length of approximately 1 kilometer, with modeled depth extending over 200 meters and remaining open at depth. Historical mining occurred along the eastern side of the anomaly, a favorable structural position in skarn systems typically associated with high-grade replacement mineralization, representing the highest priority drilling target on the property. The next target, "South Discovery," is located approximately 720 meters from the historical mine, with modeled depth extending over 200 meters and no historical drilling, trenching, or underground development. The coincidence of high-grade surface samples with a deep, continuous magnetic anomaly body is consistent with a buried, potentially mineralized skarn. The third target, "Midwest Anomaly," exhibits a strong dipolar magnetic response typical of magnetite-bearing skarn systems. Elevated copper values have been identified in this area, and a structural lineament connects the anomaly to the Mine Zone target, suggesting a common hydrothermal source.
This month, Adamera is mobilizing a field crew to advance targets toward drill testing, with planned work including soil and rock sampling along structural corridors, geological mapping and prospecting of magnetic gradient zones, and VLF-EM surveys to identify sulfide-bearing conductive structures and alteration halos.
One day prior to this announcement, Adamera announced a non-brokered flow-through financing of 6 million units for total proceeds of CA$900,000. Each unit consists of one common share and one-half common share purchase warrant, with each full warrant exercisable at CA$0.40 for a period of two years from the date of issuance. Proceeds will be used for qualifying exploration on the South Hedley project in British Columbia.
Tungsten is a niche metal market, with Project Blue estimating its value this year at approximately US$16 billion, representing about 5% of the copper market at current prices. It is not traded on major exchanges and has significantly outperformed commodities such as gold and oil over the past year. As one of the hardest metals in the world, its application in the defense sector is critical. China, Russia, and North Korea produce approximately 90% of the world's tungsten. Reuters reported that Project Blue estimates the global tungsten market in 2025 at approximately 129,000 tonnes, with defense demand currently accounting for about 12% of the tungsten market, expected to grow to approximately 15% between 2027 and 2028. The automotive sector consumes 25%-30% of tungsten, currently the largest consumption area, but defense demand is growing at approximately 8% per year.
Adamera Minerals Corp. is a Canadian company traditionally focused on high-grade gold, silver, and copper exploration in British Columbia, Canada, and Washington State, USA, while positioning itself to provide domestic tungsten supply for the US market. The company is exploring multiple projects, including Buckhorn 2.0, the Empire Creek project, Flag Hill and Flag Hill South, the Talisman historical mine, and the Hedley copper-gold project.
John Newell of John Newell & Associates, in an opinion piece, focused on Adamera's established reputation as a gold explorer. He believes Adamera represents a "speculative buy" around CA$0.10, but with the understanding that success primarily depends on the upcoming drilling program. He noted that position sizing and risk management are important, but in a rising metals price environment, such setups often yield unexpected upside surprises. Newell considers Adamera's Flag Hill South project in the Republic Gold District of Washington State to be one of its most direct value drivers.
Stewart Thomson, in a report discussing the company's progress, wrote that a breakout from a six-year channel appears imminent and will bring substantial upside price action. Thomson set a short-term price target of CA$0.28, a medium-term target of CA$0.80, and a long-term target of CA$1.50 for the company.
The company has a market capitalization of CA$8.13 million, with 54.3 million shares outstanding, and a 52-week price range of CA$0.05 to CA$0.17. Institutional ownership stands at 3.29%, management and insider ownership at 4.61%, and the remaining 92.1% is retail ownership.
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