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Canamera Energy Metals Accelerates Turvolândia REE Program, Expanding Drill Program by 20% Following Hole TUV-AUG-014 Returning 3,255 ppm TREO over 13 Metres from Surface
Edmonton, Alberta--(Newsfile Corp. - April 23, 2026) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) ("Canamera" or the "Company") is
About this update from Canamera Energy Metals Corp
[{"type":"text","content":" Edmonton, Alberta--(Newsfile Corp. - April 23, 2026) - Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) (\"Canamera\" or the \"Company\") is pleased to provide an update on its ongoing auger drilling program at its Turvolândia rare earth project (\"Turvolândia\" or the \"Project\"), located in the state of Minas Gerais, Brazil, approximately 200 kilometres northeast of São Paulo. To date, the Company has completed 83 auger drill holes totalling 969 metres of a previously planned 1,000-metre program. Drilling activities have focused on three defined grid areas, followed by regional wildcat drilling across the remaining portions of the property. Based on encouraging initial assay results, Canamera has elected to expand the program to a total of 1,200 metres, with the additional drilling focused on extending the eastern grid area to evaluate the continuity of mineralization identified to date. See Figure 1: Turvolândia Drill Plan, showing the locations of completed and proposed drill holes. \"Turvolândia is delivering against our exploration thesis, with hole TUV-AUG-014 returning 3,255 ppm TREO over 13 metres from surface and a peak grade of 6,431 ppm TREO, the details of which were announced on March 11, 2026,\" said Brad Brodeur, CEO of Canamera Energy Metals Corp. \"These results warrant an expanded program, and we have accordingly increased the auger drilling from 1,000 to 1,200 metres. The definitive agreement announced April 20, 2026 for USA Rare Earth, Inc. (NASDAQ: USAR) to acquire Serra Verde Group - operator of Brazil's only producing rare earth mine - for approximately US$2.8 billion underscores the scale of M&A activity now focused on Brazilian ion adsorption clay REE production and the strategic role this deposit class is expected to play in Western critical mineral supply chains. Canamera is positioning a multi-project Brazilian ion adsorption clay REE portfolio into that market.\"1 The Company's exploration strategy is focused on testing the regolith profile, particularly the saprolitic horizon developed over bedrock. The regolith at Turvolândia is interpreted to be derived from the weathering of Neoproterozoic orthogneiss units of the Machado Sheet, including the São Gonçalo, Elói Mendes, Paiolinho, Poço Fundo, Santa Luzia, and São João da Mata units. These orthogneisses represent metamorpho...