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, following 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, situated between the company's previously identified Cordis and Marita targets.
The company said the results establish a three-target exploration corridor across the project, with Linda located 3.3 kilometers north of Marita and 3.7 kilometers 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.
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.
For more details, the full press release can be viewed at https://ibn.fm/nTxPd. The latest news and updates relating to EMETF are available at https://ibn.fm/EMETF.
