Exploration Co. Consolidates Critical Properties into Washington Tungsten Hub

On June 25, 2026, Adamera Minerals Corp. (ADZ:TSX.V) announced the establishment of the Washington Tungsten Hub, formed by consolidating four tungsten properties across northeastern Washington, U.S. This hub will be established before the January 1, 2027, deadline that will ban domestic defense applications from sourcing tungsten from China, Russia, Iran, or North Korea. This is particularly important because America has no operating tungsten mines on domestic soil.

The four properties included are:

• Talisman: Adamera’s flagship project and a past-producing underground tungsten and base metals mine
• Tungsten Ridge: a past producer of tungsten, copper, molybdenite, and silver
• Pierre Creek Tungsten: a recently staked property with a known tungsten-copper-gold occurrence and evidence of past mining activity.
• Roosevelt Tungsten Skarn Front: this property, located on Adamera’s Buckhorn 2.0 property, includes several tungsten-bearing skarns.

President and CEO of Adamera, Mark Kolebaba, said in the release: “The Washington Tungsten Hub provides Adamera investors direct exposure to what I believe is a district-scale brownfield tungsten portfolio at a time when tungsten prices have already risen 900% in response to restricted supply and increased demand. This supply/demand imbalance is not a short-term problem; the work being done across the industry is urgent, and we are just beginning to understand what our district holds.”

Adamera Minerals Corp. is a Canadian company with a traditional focus on high-grade gold, silver, and copper exploration in British Columbia, Canada, and Washington, U.S. The company is also positioning itself to provide an uninterrupted domestic supply of tungsten to the U.S. market.

Tungsten Demand Increasing

Adamera’s press release stated that international pricing rose from US$340/mtu in early 2025 to US$3,150/mtu by mid-2026, representing a 900% increase. 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.

China, Russia, and North Korea produce roughly 90% of the world’s tungsten, which has left the U.S. scrambling to secure solid domestic supply sources since President Trump’s tariffs sparked tension between the nations.

Ashitha Sivaprasad for Reuters wrote about tungsten’s market on April 29, 2026, writing, “Project Blue estimates the global tungsten market was about 129,000 ​metric tons in 2025. ​It added ⁠that defense demand, currently estimated at around 12% of the tungsten market, is expected to grow to roughly 15% ​between 2027 and 2028, as stockpile replenishment keeps demand ​elevated” and that “the automotive sector, consuming 25%-30% of tungsten, is currently the largest consumer, though rising EV adoption may curtail consumption, [while] defense-sector demand is growing about 8% annually, ⁠and ​if trends hold, defense could overtake automotive as ​tungsten’s largest consumer by the mid-2030.”

Analysts Optimistic Over Findings

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, 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.

Catalysts from the Hub

To advance the Washington Tungsten Hub, Adamera plans to conduct both surface exploration and underground rehabilitation as follows:

• Systematic surface exploration and drilling across the Hub, with initial focus on the Talisman property. Work is planned to commence shortly.  

• Subsurface Rehabilitation: Plans to advance contractor engagement to re-establish safe access to historic workings at Talisman and Tungsten Ridge.
• Adamera is pursuing strategic partnerships and capital markets financing to advance the Washington Tungsten Hub, with timing aligned to the January 2027 procurement deadline.  

Ownership & Share Information³

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.