Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) has identified a third rare earth target at its Turvolândia Ionic Clay Rare Earth Project in Brazil, according to assay results from auger hole TUV-AUG-0043. The hole intersected 14 metres of rare earth mineralization from surface to the end of the hole, which remained open at depth, averaging 2,208.6 ppm total rare earth oxides (TREO), including 664.7 ppm magnetic rare earth oxides plus yttrium. These results confirm the new Linda target, located between the previously identified Cordis and Marita targets, establishing a three-target exploration corridor across the project.
Linda is situated 3.3 kilometres north of Marita and 3.7 kilometres northwest of Cordis. All samples returned Chemical Index of Alteration values above 70%, averaging approximately 83%, consistent with highly weathered clay profiles associated with ionic adsorption clay-hosted rare earth deposits. Management is evaluating follow-up drilling programs to test mineralization continuity between the three targets and explore depth potential at Linda. The company highlighted that the auger hole results demonstrate the project's potential for hosting significant rare earth mineralization, particularly given the open-ended nature of the intercept.
Canamera Energy Metals Corp. is a rare earth and critical metals exploration company building a portfolio of district-scale opportunities across the Americas. Its 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, applying geochemical, geophysical, and geological datasets to generate and advance high-conviction, first-mover exploration targets.
The identification of the Linda target is significant as it expands the known mineralization footprint at Turvolândia and underscores the potential for a large-scale ionic clay rare earth deposit. Ionic clay deposits are a key source of magnet rare earth elements used in permanent magnets for electric vehicles and renewable energy technologies. The positive results from auger drilling provide a strong basis for further exploration, with the company planning to assess the continuity between targets and the depth extensions at Linda. The full press release is available at https://ibn.fm/nTxPd.
For more information on Canamera Energy Metals Corp., visit the company's newsroom at https://ibn.fm/EMETF.
