Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) has identified a third rare earth target, named Linda, at its Turvolândia Ionic Clay Rare Earth Project in Brazil, according to assay results released by the company. The discovery extends the project's exploration corridor to three targets, including the previously identified Cordis and Marita targets.
The company reported results from auger hole TUV-AUG-0043, which intersected 14 metres of rare earth mineralization from surface to the end of the hole, remaining open at depth. The hole averaged 2,208.6 ppm total rare earth oxides (TREO), including 664.7 ppm magnetic rare earth oxides plus yttrium. This confirms the Linda target, located 3.3 kilometres north of Marita and 3.7 kilometres northwest of Cordis.
All samples from the hole 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 results establish a three-target exploration corridor across the project, which is part of Canamera's broader portfolio of rare earth and critical metals assets in 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 São Sepé rare earth element project in Brazil.
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 underscores the potential for a larger mineralized system at Turvolândia, which could enhance the project's economic viability.
For more information on the press release, visit https://ibn.fm/nTxPd. The latest news and updates relating to EMETF are available in the company's newsroom at https://ibn.fm/EMETF.
