Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) has announced an expansion of its auger drilling program at the Turvolândia rare earth project in Minas Gerais, Brazil, following encouraging initial assay results. The company reported that 83 holes totaling 969 meters have been completed of the initially planned 1,000-meter campaign. Based on the positive data, including hole TUV-AUG-014 returning 3,255 ppm total rare earth oxides (TREO) over 13 meters from surface with a peak grade of 6,431 ppm, the program has been expanded to 1,200 meters. Additional drilling is aimed at extending the eastern grid area to test the continuity of mineralization.
The exploration work at Turvolândia is focused on saprolitic regolith developed over REE-fertile orthogneiss units, where prolonged tropical weathering may have formed ion adsorption clay-style rare earth mineralization. This type of mineralization is significant because it often allows for lower-cost extraction methods. The expansion of the drill program underscores the company's commitment to advancing the project and assessing its potential for a significant rare earth discovery.
Canaterra Energy Metals is building a portfolio of district-scale rare earth and critical metals opportunities across the Americas. In addition to Turvolândia, 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. 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 exploration targets.
For more details on the full press release, visit https://ibn.fm/bm9YF. The latest news and updates relating to EMETF are available in the company's newsroom at https://ibn.fm/EMETF.
