Mr. Mark Kolebaba reports

ADAMERA REPORTS ON ITS TALISMAN TUNGSTEN PROPERTY, WASHINGTON STATE - PLANS TO OFFER THE PROJECT FOR JOINT VENTURE

Adamera Minerals Corp. will offer for joint venture its Talisman copper-silver-tungsten property, located near Laurier, Wash., which includes the historic Talisman tungsten mine. Talisman is not core to the company's business although, in light of increased demand for critical minerals, the project warrants exploration. Adamera has conducted a mineral potential review of the property where grades of 0.35 to 1.0 per cent WO3 have been reported.

Why tungsten?

Tungsten is considered a critical mineral by many countries and organizations, including the United States, the European Union, Canada and the United Kingdom. Its critical status is due to its importance in ballistics, aerospace and technology. Tungsten has unique properties including its extreme hardness and high melting point. It has not been mined commercially in the U.S. since 2015, with most supplies being sourced from China.

Work by Adamera on the Talisman property has focused on the presence of high-grade copper and silver mineralization. Limited attention has been paid to historically mined tungsten-bearing (scheelite) skarn zones in the Talisman tungsten mine. The mine was a key tungsten producer during the Second World War, supplying strategic metal for U.S. military applications.

Specifically, scheelite occurs in garnet-epidote skarn along the contact between limestone and intrusive rocks. Selected samples from the workings contain between 0.35 and 1.0 per cent WO3, with local samples reported to assay higher. In addition to high-grade tungsten, smelter records from the Talisman mine report high-grade copper and silver averaging 5 per cent and 103 grams per tonne, respectively. Specific zones also contained lead up to 20 per cent and zinc up to 11 per cent.

"The Talisman property is a critical minerals opportunity. Our work confirms the presence of a polymetallic mineralized system that contains tungsten, copper, silver, lead, zinc and bismuth. Such mineralization has been observed at shallow depths. Our work paid little attention to tungsten on a stand-alone basis. What did attract our interest was a newly recognized copper-silver target. Exploration has demonstrated that the mineralizing system extends well beyond the old tungsten mine workings, with clear potential for the discovery of a much larger polymetallic deposit," stated Mark Kolebaba, president and chief executive officer of Adamera.

Surface sampling, mapping and geophysical interpretation by Adamera demonstrate that the copper, silver, zinc and lead mineralization extends well beyond the historic mine, and is suggestive that tungsten may do the same. Recent exploration on the property highlights several significant metal values as listed in the table.

             Significant range  
Metal        From           To       

Copper       0.54%         4.6%     
Silver    1.0 g/t    1,000 g/t 
Zinc         0.50%        6.90%    
Lead         0.44%       12.80%   

Shows range of significant 
values of various metals 
in rock samples on the 
property that are located 
700 to 1,500 metres from 
the mine. Zones with 
elevated tungsten (100 to 
2,600 parts per million) 
and bismuth (100 to 2,850 
ppm) have been identified 
and not yet followed up.  

The Talisman mine is hosted within carbonate rocks intruded by granite and diorite bodies, forming extensive skarn alteration along contact zones. Adamera's mapping has outlined:

• A 1.5-kilometre mineralized corridor with copper-silver-lead-zinc plus or minus tungsten occurrences;
• Multiple magnetic anomalies coinciding with surface mineralization;
• Continuity of alteration and mineralization beyond the historic mine workings.

The company believes the skarn system remains open along strike and at depth, with significant untested potential beneath a likely barren rock unit. A drill program has been prepared to test below and along strike of the former mine workings, targeting both high-grade scheelite zones and associated copper-silver-bearing sulphides. Additional work will include: systematic soil and rock geochemistry focusing on tungsten and a detailed electromagnetic survey.

Plan is to joint venture the property

The Talisman property represents one of the few known past-producing tungsten sites in Washington State, recognized as having strong potential for redevelopment under modern critical mineral initiatives. The combination of historical tungsten production and newly identified copper-silver enrichment positions Talisman as a strategic exploration asset in a geopolitically secure jurisdiction.

The current plan is to entertain joint venture proposals to continue exploration on the property, allowing the company to focus on its gold assets.

Gordon Gibson (PGeo), qualified person under National Instrument 43-101, is an independent consultant who has reviewed and approved data associated with this release.

Rock samples were analyzed at Act Labs.

About Adamera Minerals Corp.

Adamera is exploring for a high-grade gold deposit in Canada and the U.S.

We seek Safe Harbor.