Adamera Minerals Expands Max Copper-Gold Anomaly With New IP Results in BC

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1. Adamera Minerals Corp. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship. 
2. 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.
3. Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
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1. Disclosure for the quote from the John Newell article published on February 11, 2026

1. For the quoted article (published on February 11, 2026), Adamera Minerals Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.
2. 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.

2. Disclosure for the quote from the Stewart Thomson article published on April 24, 2026

1. For the quoted article (published on April 24, 2026), Adamera Minerals Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$3,500.
2. Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts.  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.

3. 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.

Key Takeaways

• Adamera Minerals has expanded the Max copper-gold IP anomaly to 1.6 km of strike, with the latest survey line showing chargeability near the highest copper and gold values in soil recorded at the target.
• The Max anomaly coincides with copper-gold geochemical results of up to 1,450 ppm copper and 1.34 g/t gold and remains open to the east.
• Adamera plans additional IP surveying, analysis of 2,000 soil samples, and drill-permit work for the Max and Glix targets as it advances exploration in southern British Columbia.

Adamera Traces Max Chargeability Anomaly Across 1.6 Kilometers

On September 16, 2026, Adamera Minerals Corp. (ADZ:TSX.V; DDNFF:OTCMKTS) reported additional induced polarization (IP) survey results from the Max copper-gold target at its 100%-owned South Hedley property in southern British Columbia, Canada. Three additional IP lines detected the chargeability anomaly, with the L2200 line showing anomalous chargeability near the highest values reported at Max to date, including 1,450 parts per million copper (Cu) and 1.34 g/t gold (Au).

The chargeability anomaly currently extends between 3 and 4 kilometers (km) in width along individual north-south survey lines and has been traced across 1.6 km of strike. According to the release, five lines spaced 400 meters (m) apart have now been completed, with the latest L1400 results showing chargeability weakening to the west, potentially defining the western limit of the anomaly. The anomaly remains open to the east, with the IP survey scheduled to continue with line L3400.

Adamera's CEO, Mark Kolebaba, commented in the release: "Identifying up to 1,450 ppm copper and 1.34 g/t gold in soil at the Max target is the point at which we first recognized a possible significant copper-gold target on the property. The coincidence of anomalous chargeabilities with the geochemistry is strong evidence consistent with sulphide mineralization. The anomaly has grown in area with every line we have completed, and we have an estimated three km by 1.6 km anomaly with the eastern side currently unbound."

Kolebaba finished by saying, "This target has scale."

The Max target is located within the Quesnel Trough, a copper-gold mineral belt in southern British Columbia. Adamera said the IP response persists below 300 m depth and appears to originate beneath the property's volcanic cover, while the associated resistivity response is consistent with disseminated sulphides in resistive host rock. The company plans to continue IP surveying and process the new soil samples while advancing its pending drill permit applications for the Max copper-gold and Glix gold skarn targets.

Adamera Minerals Corp. is targeting critical metals in the U.S. and copper-gold in southern British Columbia. In Washington State, the company is advancing a tungsten portfolio intended to support a secure domestic supply for U.S. markets.

Data Centers and Infrastructure Add to Copper Demand

Demand for copper is expected to rise due to continued use in electronics, especially with the widespread construction of new data centers and defense applications in the U.S. A report from Businessworld claimed that "global copper demand is gradually shifting toward strategic and less price-sensitive sectors such as AI infrastructure, defense, power grids, and clean energy systems. By 2040, these categories are expected to account for nearly 45% of total copper demand, up from 32% in 2024."

Last year, the prospect of President Donald Trump's tariffs helped drive copper prices higher in the U.S. as American buyers stockpiled the metal. This contributed to elevated inventories and a widening premium between U.S. futures and physical copper markets.

Technical Analyst  Stewart Thomson gave the company 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.

"Collectively, inventories at the world's main exchanges have risen by more than 500,000 tons since the start of the year," stated a March 6 article by Bloomberg News. 

Trump's July 30, 2025, proclamation imposed a 50% Section 232 tariff on the value of the copper content of covered semi-finished copper and copper-intensive derivative products, effective August 1, 2025.

Effective April 6, 2026, the U.S. expanded its Section 232 tariff regime so that applicable duties on covered copper products were generally calculated on the full customs value rather than solely on the copper content. The change contributed to a sharp narrowing of the COMEX copper premium. The 2025 proclamation also called for consideration of a phased universal tariff on refined copper of 15% starting in 2027 and 30% starting in 2028.

Adamera also explores for tungsten. Tungsten is a niche metal market, but its performance has rivaled larger markets.

"Project Blue estimates its value at about US$16 billion this year — roughly 5% of the copper market at current prices. It is also far more opaque and illiquid, as it does not trade on major exchanges. Even so, its gains over the past year have far outpaced those of commodities such as gold and oil," according to an article by Mining.com. As one of the strongest metals in the world, its use in weaponry is critical in a time of war.

The metals sector as a whole is also showing signs of improvement. On May 7, 2026, Brian Taylor of Recycling Today said that the World Bank Group has projected that its metals and minerals price index will rise 17% in 2026.

Newell and Thomson Discuss Adamera's Exploration Pipeline

¹John Newell of John Newell & Associates focused on Adamera's 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.

²On April 24, 2026, Technical Analyst Stewart Thomson discussed the company's progress, writing, "A breakout from a six-year channel seems imminent and would usher in substantial upside price action." Thomson gave the company 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.

Adamera Prepares for Further Exploration at Max and Glix

At the Max target, Adamera's next catalysts include additional IP surveying east of the currently defined anomaly, beginning with line L3400, as well as inversion modeling of the latest geophysical data. The company is also awaiting results from the 2,000 soil samples collected during the 2026 exploration program.

Finally, the company is also advancing drill permits for both the Max target and the Glix target.

Ownership & Share Information³

Adamera Minerals Corp. has a market cap of approximately CA$13.32 million, with 66.6 million shares outstanding. The company's 52-week range is CA$0.05-CA$0.20.

Institutions own 1.30% of shares, while Management & Insiders own 4.66%. The remaining 94.04% of shares are Retail.

Frequently Asked Questions

Q: What is metallurgical copper?
A: Copper is an industrial metal used in electrical wiring, electronics, power infrastructure, transportation, construction, and other applications. Its conductivity and durability make it important in electricity-intensive technologies such as data centers and power grids.

Q: What is induced polarization (IP) surveying?
A: Induced polarization is a geophysical exploration method used to identify subsurface materials that can hold an electrical charge. The technique can help identify areas containing disseminated sulphide minerals, which may be associated with copper and gold mineralization.

Q: What is an IP chargeability anomaly?
A: A chargeability anomaly is an area where rocks show a stronger-than-expected response to an IP survey. At Max, Adamera is investigating whether the chargeability anomaly is associated with sulphide mineralization beneath the property's volcanic cover.

Q: What is the Max copper-gold target?
A: Max is a copper-gold exploration target on Adamera's South Hedley property in southern British Columbia. The target is defined by coincident copper-gold soil geochemistry, magnetic data, and IP chargeability.

Q: What do copper and gold values in soil indicate?
A: Elevated copper and gold concentrations in soil can indicate that mineralization may be present in the underlying bedrock. At Max, Adamera has reported soil values of up to 1,450 ppm copper and 1.34 g/t gold.

Q: How large is the Max IP anomaly?
A: Adamera has traced the chargeability anomaly across approximately 1.6 kilometers of strike, with individual north-south survey lines indicating widths of roughly 3 to 4 kilometers. The eastern extent remains open and is subject to additional surveying and modeling.

Q: Where is the South Hedley project located?
A: The South Hedley property is located near Princeton, British Columbia, within the Quesnel Trough, a geological belt known for copper-gold deposits. The property covers more than 24,000 hectares following recent claim additions.

Q: What are Adamera's next steps at Max?
A: The company plans to continue its IP survey eastward, beginning with line L3400, and conduct inversion modeling of the latest geophysical data. Adamera is also awaiting results from approximately 2,000 soil samples collected during its 2026 exploration program and is advancing a pending drill permit application.

Q: What other targets is Adamera exploring at South Hedley?
A: In addition to Max, Adamera is advancing Glix, a gold skarn target defined by soil geochemistry and electromagnetic and magnetic survey data. Drill permit applications for both targets remain pending.

Q: What is tungsten used for?
A: Tungsten is a dense, high-strength metal with a very high melting point. It is used in applications including cutting and drilling tools, industrial components, electronics, and certain defense-related products.

Q: Why is copper important to the energy and technology sectors?
A: Copper is widely used in electrical infrastructure because it conducts electricity efficiently. Demand is tied to applications including power grids, electronics, renewable energy systems, electric vehicles, and data-center infrastructure.

Q: What is a porphyry copper-gold system?
A: A porphyry copper-gold system is a type of mineral deposit in which copper, gold, and other metals are dispersed through large volumes of rock, often around an intrusive igneous body. These deposits can be extensive and are an important source of global copper production.