Mr. Mark Kolebaba reports

ADAMERA COMPLETES FIRST DRILL HOLE AT LAMEFOOT SOUTH - DRILL MOVES TO OVERSIGHT PROSPECT TO FOLLOW UP HIGH GRADE INTERSECTION

Adamera Minerals Corp. has completed the first drill hole, LFS18-01, on the Lamefoot South property in Washington. The drill hole was sited 280 metres south of the Lamefoot gold mine. Assays are pending.

Drill hole LFS18-01 encountered zones with intense silica alteration and disseminated sulphides at various intervals through the hole. The hole was targeted on coincident induced polarization (IP), gold-in-soil and magnetic anomalies.

The drill is currently moving to the nearby Oversight property to follow up on high-grade gold intercepts reported in drill hole OS18-02 (see news release dated Sept. 26, 2018).

Drilling will test the new Oversight target zone that is on trend with the Overlook gold mine. The next hole will test for an extension to the 19.4 g/t (grams per tonne) gold over the 1.07-metre intercept at the end of hole OS18-02 and located at the margin of the new target zone. On completion of the Oversight drilling, the rig will likely move back to the Lamefoot South and Goodfoot properties.

The Goodfoot and Lamefoot drill targets are supported by IP, ground magnetics, soil geochemistry and geological mapping. The targets are located on the Lamefoot trend within a stratigraphic/structural zone approximately on strike with Kinross's past-producing Lamefoot mine. The Lamefoot South target is approximately 250 metres from the Lamefoot mine and the Goodfoot target is approximately two kilometres from the Lamefoot mine.

"The proximity of our targets to former gold deposits makes them compelling for drill testing. In my view this is a rare exploration opportunity," says Mark Kolebaba, president and chief executive officer of Adamera Minerals.

Martin St. Pierre, PGeoph, is a qualified person as defined by National Instrument 43-101 and has reviewed data associated with the project. Gold analysis was completed by Activation Laboratories using fire assay methods.

About Adamera Minerals Corp.

Adamera Minerals is exploring for a stand-alone high-grade gold deposit within hauling distance of an existing mill near Washington. This area has reportedly produced over six million ounces of high-grade gold. Adamera Minerals is the dominant regional explorer in the area.

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