Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) has reported 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 company released results from the Marita Target and the newly identified Rose Target, which returned the strongest regional exploratory intercept to date.
At the Marita Target, all three reported drill holes ended in mineralization, indicating continuity of the rare earth system. The Rose Target delivered an intercept of 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 the 77 drill holes reported so far, 62% returned at least one interval above 750 ppm TREO. Assay results are still pending for 47 additional holes, including 20 follow-up holes at the Linda Target.
The company stated that these results continue to support the potential scale of the ionic clay-hosted rare earth system and will help guide deeper follow-up drilling. The Turvolândia project is part of Canamera's portfolio of district-scale opportunities across the Americas, which also 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, and the Iron Hills critical and rare earth project in Colorado, USA.
Investors can view the full press release at https://ibn.fm/jrOzE. For the latest news and updates relating to EMETF, visit the company’s newsroom at https://ibn.fm/EMETF.
This announcement underscores the growing potential of Canamera's rare earth projects in Brazil, as the company continues to expand its exploration footprint. The identification of new targets and strong assay results suggest that the Turvolândia project could become a significant source of rare earth elements, which are critical for various high-tech and green energy applications.
