Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) has announced additional assay results from its Turvolândia Ionic Clay Rare Earth Project in Minas Gerais, Brazil, expanding the property from four to seven drill-confirmed rare earth targets. The results highlight the potential scale of the ionic clay-hosted rare earth system and guide deeper follow-up drilling.
At the Marita Target, all three reported drill holes ended in mineralization, indicating continuity at depth. The newly identified Rose Target returned the strongest regional exploratory intercept to date, with 8 meters grading 2,238 ppm total rare earth oxides (TREO), including 3 meters grading 3,776 ppm TREO at the end of the hole. Across 77 drill holes reported so far, 62% returned at least one interval above 750 ppm TREO, with assay results still pending for 47 additional holes, including 20 follow-up holes at the Linda Target.
These findings are significant as they demonstrate the project's potential to host a large-scale rare earth deposit. Ionic clay deposits are a key source of critical rare earth elements essential for modern technologies, including electric vehicles, wind turbines, and defense applications. The expansion to seven targets suggests a robust mineralized system that could enhance the project's economic viability.
Canamera Energy Metals Corp. is building a portfolio of district-scale opportunities across the Americas. The company's asset base includes the Mantle project in British Columbia, the Garrow rare earth elements project in Northern Ontario, the Schryburt Lake rare earth and niobium project in Ontario, the Iron Hills critical and rare earth project in Colorado, USA, and the Turvolândia and São Sepé rare earth element projects in Brazil. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions.
The latest news and updates relating to EMETF are available in the company’s newsroom at https://ibn.fm/EMETF. For the full press release, visit https://ibn.fm/jrOzE.
