On March 31, 2026, Adamera Minerals Corp. (ADZ:TSX.V) announced it had staked claims of over 1,360 acres in the Tungsten Ridge property in Washington state. The new claims contain silver, copper, tungsten, and molybdenum mineralization. This move comes as Adamera continues to build a comprehensive critical mineral portfolio within the U.S.
The company owns the Talisman tungsten property, a proven past producer, and the newly-staked Tungsten Ridge property, which was test mined for tungsten in 1951, 1953, and 1954..
Mark Kolebaba, CEO of Adamera, said in the release, "In 2025, the Company considered selling the Talisman Tungsten property, but the macroeconomic landscape for tungsten has fundamentally shifted. Driven by an unprecedented surge in demand and pricing, we have instead expanded our tungsten holdings. This is exactly the type of project Adamera is well-equipped to rapidly advance. It is close to infrastructure and our operational base in Washington State. Going forward, our focus will be to rapidly advance both properties with field work expected to commence in April."
The company plans to release near-term plans for these new tungsten properties soon.
Adamera Minerals Corp. is a Canadian company with a traditional focus on high-grade gold, silver, and copper exploration in B.C. and Washington, U.S. The company is now positioning itself to provide an uninterrupted domestic supply of tungsten to the U.S. market.
What Is Tungsten?
Tungsten is known to be one of the hardest metals on Earth, especially in the form of tungsten carbide.
Its strength allows it to be used for drilling, cutting, and armor-piercing weaponry, while its heat resistance allows it to be used in almost any explosive situation — and in lightbulbs as filament.
Tungsten Shortage Drives a 557% Rally
Trade tensions between the U.S. and China, as well as the rise of the U.S.-Iran War, have affected commodities prices over the past few weeks. Tungsten is necessary for waging war effectively, as it is a major component in weaponry. China is the world's largest tungsten producer, and it has stopped shipping to the U.S. As Almonty's CEO told CNBC on March 31, 2026, "There's no material to stockpile. That's probably the biggest change."
On March 23, Ahead of the Herd, wrote, "Outside of China, which accounts for 83% of global supply, there are only a few tungsten mines, making exploration imperative. . . The end result of skyrocketing demand for tungsten, due to militaries rearming and the war in Iran, combined with limited supply, is the metal has jumped 557% in a little over a year."
This supply cut-off has elevated tungsten's already-rising prices, with the metal hitting a record high of over US$3,000 mid-March. "From ~US$300 per metric tonne unit (a measured equal to 10kg) in early 2025, the price ran to around US$920/mtu in early 2026. By March 20 it hit US$2650/mtu – a full US$400/mtu higher than March 13," wrote Josh Chiat of Stockhead.com on March 25." Chiat pointed out the high demand for tungsten paired with the little opportunity to actually source it, saying, "Have a tungsten mine right now, and the investment will come."
A Tungsten Future Doesn't Overshadow Gold's Present
1While Adamera is going after tungsten, John Newell of John Newell & Associates refocused on its established reputation as a gold explorer in a February 11, 2026, opinion piece for Streetwise Reports. He wrote: "For investors seeking leverage to a strengthening gold market, Adamera represents a 'Speculative Buy' around CA$0.10, with the understanding that success largely hinges on upcoming drilling programs."
He went on to say, "As always, position sizing and risk management matter. But in a rising metal price environment, this is the type of setup that can often surprise to the upside." Newell considers Adamera's Flag Hill South project in the Republic Gold District of Washington as one of the most immediate value drivers the company owns.
Catalysts
Investors are watching Adamera's projects — Buckhorn 2.0, the Empire Creek Project, Flag Hil (and Flag Hill South), the Talisman historic mine, and the Hedley Copper-Gold Project — to see what will come of drill results in 2026.
The company is exploring for a solid domestic source of tungsten.
Ownership & Share Structure2
Adamera Minerals Corp. has a market cap of CA$8.13 million and 54.3 million shares outstanding.
The company's 52-week range is CA$0.05-CA$0.17.
Institutions own 3.29% of shares, while Management & Insiders own 4.61%.
The remaining 92.1% of shares are Retail.
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Important Disclosures:
- Adamera Minerals Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Adamera Minerals Corp.
- Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
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1. Disclosure for the quote from the John Newell article published on 02/11/26
- For the quoted article (published on 02/11/26, Adamera Minerals Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.
- Author Certification and Compensation: John Newell of John Newell and Associates was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
John Newell Disclaimer
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.













































