FAQ: Adamera's Talisman Tungsten Property Joint Venture Opportunity

What is the main announcement from Adamera Minerals regarding the Talisman Property?

Adamera Minerals Corp. plans to offer its Talisman Copper-Silver-Tungsten Property for joint venture, as the project is not core to the company’s business but warrants exploration due to increased demand for critical minerals.

Why is tungsten considered important in this context?

Tungsten is classified as a critical mineral by the United States, European Union, Canada, and United Kingdom due to its importance in ballistics, aerospace, and technology, and it hasn’t been mined commercially in the USA since 2015 with most supplies coming from China.

What is the location and historical significance of the Talisman Property?

The property is located near Laurier, Washington and includes the historic Talisman tungsten mine, which was a key tungsten producer during World War II supplying strategic metal for U.S. military applications.

What mineral grades have been reported at the Talisman Property?

Grades of 0.35-1.0% WO₃ have been reported for tungsten, with local samples assaying higher, plus high-grade copper averaging 5%, silver averaging 103 g/t, lead up to 20%, and zinc up to 11%.

What recent exploration work has Adamera conducted on the property?

Adamera has conducted surface sampling, mapping, and geophysical interpretation that demonstrates copper, silver, zinc, and lead mineralization extends well beyond the historic mine, with tungsten potentially doing the same.

What geological features make this property promising for exploration?

The property features a 1.5-kilometre mineralized corridor with copper-silver-lead-zinc occurrences, multiple magnetic anomalies coinciding with surface mineralization, and continuity of alteration and mineralization beyond historic mine workings in a skarn system that remains open along strike and at depth.

What metals beyond tungsten are present in the mineralized system?

The polymetallic mineralized system contains tungsten, copper, silver, lead, zinc, and bismuth, with recent exploration identifying zones with elevated tungsten (100 to 2600 ppm) and bismuth (100 to 2850 ppm) located 700 to 1500 metres from the mine.

Who is leading Adamera Minerals and what is their perspective on this project?

Mark Kolebaba, President and CEO of Adamera Minerals Corp., states that the property represents a critical minerals opportunity with clear potential for discovering a much larger polymetallic deposit beyond the old tungsten mine workings.

What is the current status of exploration plans for the property?

A drill program has been prepared to test below and along strike of the known mineralization, focusing on the untested potential beneath a likely barren rock unit and the extended mineralized corridor.