Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) has reported assay results from auger drill hole TUV-AUG-0036 at the Southern Zone of its Turvolândia Ionic Clay Rare Earth Project in Minas Gerais, Brazil. The hole returned 1,748.9 ppm TREO, 702.2 ppm MREO + Y₂O₃ and 531.0 ppm Nd₂O₃ + Pr₆O₁₁ over the final 6 metres from 16 to 22 metres depth, including a higher-grade 2-metre interval averaging 2,793.8 ppm TREO and 1,293.3 ppm MREO + Y₂O₃ from 19 to 21 metres. The hole ended in mineralized material with grades increasing toward the bottom, indicating the system remains open at depth.
These results expand the Turvolândia project to four distinct rare earth targets, with the South Target located approximately 7.4 kilometers from the Cordis target. The company also reported that all 22 samples from TUV-AUG-0036 returned Chemical Index of Alteration values above 93.8%, consistent with the advanced weathering profiles typically associated with ionic adsorption clay-hosted rare earth deposits. Four additional holes from the South Target remain pending assay results, while the company is evaluating deeper follow-up drilling to test mineralization below the current 22-metre depth.
The significance of these findings lies in the growing demand for rare earth elements, particularly neodymium and praseodymium, which are critical for permanent magnets used in electric vehicles and wind turbines. The high-grade intervals and open-ended mineralization suggest potential for a significant resource at Turvolândia. Canamera's focus on ionic clay deposits is strategic, as they are typically easier to process than hard rock deposits, potentially lowering extraction costs. For more information, visit InvestorWire.
Canamera Energy Metals Corp. is a rare earth and critical metals exploration company building a portfolio of district-scale opportunities across the Americas. Their 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.
