Adamera Stakes Tungsten Ridge, Washington State, U.S.A., adding to its Critical Minerals Portfolio
(TheNewswire)
Vancouver, British Columbia – March31, 2026 – TheNewswire -Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF)(“Adamera” or the “Company”) announces the staking of theTungsten Ridge property in eastern Washington State. The claims coverapproximately 1,360 acres in an area accessible by a system of recentlogging roads. The area is considered prospective fortungsten-copper-silver-molybdenum. This acquisition builds on theCompany's Talisman tungsten landholdings to form the basis of acritical mineral portfolio within the U.S.A (see Figure 1).
The Tungsten Properties:
Tungsten Ridge:The newly staked property (currently pending standard adjudication)spans 1,360 acres of land prospective for skarn mineralization.Historical data and surface sampling indicate a polymetallic system(W-Cu-Ag-Mo) that was test mined in the early 1950s for tungsten inthe form of scheelite. Results of this test mining are notknown.
TalismanTungsten: A historical past-producing mine, Talisman Tungsten is aproven high-grade polymetallic deposit. Historical production andsampling have yielded grades of 5% copper, 103 g/t silver, and 0.35% -1.0% tungsten. Importantly, the Company has developed a fresh target700 metres south of the mine; regional sampling in this area hasidentified a new zone yielding up to 0.26% W that has not yet beenfollowed up.
"In 2025, the Company considered selling theTalisman Tungsten property, but the macroeconomic landscape fortungsten has fundamentally shifted," stated Mark Kolebaba, CEO ofAdamera Minerals. "Driven by an unprecedented surge in demand andpricing we have instead expanded our tungsten holdings. This isexactly the type of project Adamera is well-equipped to rapidlyadvance. It is close to infrastructure and our operational base inWashington State. Going forward our focus will be to rapidly advanceboth properties with field work expected to commence inApril."
Kolebaba adds “We have several promising gold, silverand copper projects in BC and Washington State that will continue tobe important to the Company and we also have two tungsten projectswith potential for scale and high grades. The tungsten market is atan historic impasse with high prices and high demand for projects withthe potential for domestic US production. We will be meeting thischallenge with aggressive exploration campaigns to rapidly advance ourtungsten assets”.
Upcoming, near-term, exploration plans for bothtungsten properties will be announced shortly.
Figure 1. – Project Locations are shown in red.
Tungsten’s unique physical properties (hardness,density second only to gold and the highest melting point of anymetal) make it an essential element in machining, electronics,aircraft manufacture and military applications. Tungsten is usedboth as major component in projectiles, both bullets and missiles, andas key component in armour plating for tanks and personnel carriers. These unique physical properties mean that tungsten cannot be easilysubstituted by other metals or materials, which has made it relativelyprice insensitive for most uses. As a result of the wars in Ukraineand now Iran, military application demand is expected to increase byapproximately 12% in 2026, with similar demand growth expected incoming years.
China dominates the supply side of the market,producing roughly 80% of tungsten yearly. In response to US tariffs,China has put severe export restrictions on tungsten products. Exportsof Ammonium Paratungstate (APT), the primary product used as amanufacturing input worldwide fell to zero in 2025. This has putsevere constraints on the tungsten market, leading to skyrocketing APTprices in recent months. As of March 26th, 2025, APTprices reached $2800 per MTU (metric tonne unit, or 10 kilograms), upfrom about $300 per MTU in early 2025. See the four-month APT pricechart below , courtesy of Shanghai Metals Market. While Chinese exportrestrictions are blamed for the supply constraints, mined grades oftungsten at the large mines in China are believed to be dropping aswell. These supply constraints may continue even if these export bansare lifted. Given the sensitive nature and the military end uses,China is likely to prioritize domestic demand in any case. See Figure2.
Tungsten is considered a critical metal. Due to itsheavy use in industrial and military applications, western governmentsare seeking to increase non-Chinese supply. The global market is in astructural deficit and, particularly given the strategic sensitivityof military demand, many countries favour local producers. Inresponse to the supply squeeze, the US military, via the DefenseIndustrial Base Consortium (DIBC), recently invited companies tosubmit proposals to boost domestic supplies of critical minerals,explicitly targeting tungsten. High qualitytungsten deposits are rare and timelines for permitting and developingmines worldwide are long. While new production coming on stream willhelp, tungsten prices are likely to remain well above historicallevels for an extended period of time.
The Company's development of a tungsten propertyportfolio aligns with the current global supply crisis. Pendingstandard adjudication, Adamera will fully control two projects ineastern Washington state. Both projects are known to containtungsten bearing skarn and management believes both have good scalepotential. The Company will prioritize exploration spending on itstungsten assets to explore and develop them as expeditiously aspossible.
Figure 2. Tungsten Price Chart - Tungsten PriceATP, per MTU, Rotterdam. Courtesy Shanghai Metals Market
Qualified Person Martin St. Pierre, P.Geo., a QualifiedPerson as defined by National Instrument 43-101, has reviewed andapproved the technical data in this release.
About Adamera Minerals
Adamera is advancing a tungsten portfolio in WashingtonState to establish a secure, uninterrupted domestic supply for U.S.markets. While leading with this critical mineral strategy, theCompany also continues to explore for high-value gold, silver, andcopper deposits in BC and Washington State. Adamera is committed toutilizing modern, tech-driven exploration methodologies to efficientlydiscover and define economic mineral resources and is focused ontranslating exploration success into tangible equity.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Email: info@Adamera.com
Website: www.Adamera.com
Phone: (604) 307-6450
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy oraccuracy of this release. The TSX Venture Exchange has not reviewedand does not accept responsibility for the adequacy or accuracy ofthis release. Statements in this press release, other than purelyhistorical information, including statements relating to theCompany’s future plans and objectives or expected results, mayinclude forward-looking statements. Forward-looking statements arebased on numerous assumptions and are subject to all of the risks anduncertainties inherent in resource exploration and development. As aresult, actual results may vary materially from those described in theforward-looking statements.
Copyright (c) 2026 TheNewswire - All rights reserved.
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