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Canamera Advances Brazilian Ree Platform: 10-Hole Due Diligence Program Underway at Patos as Company Evaluates Third Ionic Clay Acquisition
Edmonton, Alberta--(Newsfile Corp. - March 25, 2026) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) ("Canamera" or the "Company") announces that it has commenced a 10-hole auger drill program totalling approximately 100 metres at the Patos rare earth project ("Patos" or the "Project"), located in Presidente Olegário, Minas Gerais, Brazil. Drilling is being conducted as due diligence to evaluate the Project's potential for ionic adsorption clay-hosted rare earth...
About this update from Canamera Energy Metals Corp
[{"type":"text","content":"Edmonton, Alberta--(Newsfile Corp. - March 25, 2026) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) ("Canamera" or the "Company") announces that it has commenced a 10-hole auger drill program totalling approximately 100 metres at the Patos rare earth project ("Patos" or the "Project"), located in Presidente Olegário, Minas Gerais, Brazil. Drilling is being conducted as due diligence to evaluate the Project's potential for ionic adsorption clay-hosted rare earth mineralization prior to finalizing a property option agreement (please see news release dated Feb. 26, 2026). The program is expected to be completed within approximately two weeks of commencement, after which samples will be submitted to a certified laboratory for analysis.","length":808,"tagName":"p"},{"type":"text","content":"The Patos program is part of Canamera's strategy to evaluate a third prospective ionic clay REE project in Brazil, complementing the Company's ongoing exploration at the Turvolândia and São Sepé projects.","length":212,"tagName":"p"},{"type":"text","content":"The Project is underlain by the Patos Formation, a member of the Mata da Corda Group - the same stratigraphic package currently being advanced for potential ionic clay REE mineralization by multiple operators active in Minas Gerais. The auger program is designed to characterize the regolith profile across the property and assess the potential for REE enrichment within the lateritic weathering horizon developed over igneous basement. Assay results will be disclosed upon receipt and review and will inform the Company's decision regarding exercise of the Patos option.","length":575,"tagName":"p"},{"type":"text","content":""Drilling at Patos represents an important next step in our strategy to build a diversified, Brazil-based prospective ionic clay REE platform," stated Brad Brodeur, CEO of Canamera Energy Metals Corp. "The geological setting at Patos - lateritic weathering developed over igneous basement within the Mata da Corda Group - is consistent with the profile hosting mineralization at Turvolândia, where our auger program has returned encouraging results. The drill-gated structure of this acquisition allows us to conduct meaningful on-ground due diligence at minimal cost before committing to the...