Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) has identified a third rare earth target, Linda, 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, located between the previously identified Cordis and Marita targets, establishing a three-target exploration corridor across the project.
The Linda target is situated 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.
This discovery is significant as it expands the known mineralization footprint at Turvolândia, a project in a jurisdiction supportive of mining. The presence of magnetic rare earth oxides, which are critical for permanent magnets used in electric vehicles and wind turbines, adds to the project's strategic importance. The company’s portfolio includes district-scale opportunities across the Americas, such as 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, and the São Sepé rare earth element projects in Brazil.
Canamera applies geochemical, geophysical, and geological datasets to generate and advance high-conviction exploration targets. The identification of the Linda target underscores the potential for a larger mineralized system at Turvolândia, which could have implications for the supply of rare earth elements outside of China. Investors can find the latest news and updates at the company’s newsroom here.
