Canamera Reports Multiple Over-Limit Ree Results from Iron Hills Project

Executive Summary

• Canamera Energy Metals reports that 12 of 48 rock‑chip samples from its newly staked Iron Hills Project in Colorado returned rare‑earth concentrations exceeding the laboratory’s upper detection limit of 1,000 ppm.
• Over‑limit values were observed for neodymium (critical magnet REE), yttrium (heavy REE) and cerium, with heavy‑REE oxide grades ranging from 175 ppm to 2,386 ppm.
• The company will re‑assay the over‑limit samples using higher‑range analytical methods and plans additional sampling, including precious‑metal assays.

Key Details

• Sampling program: 48 rock‑chip grab/selective samples collected during a staking program announced on 2025‑12‑02.
• Over‑limit results: 12 samples exceeded the 1,000 ppm detection cap for total rare‑earth oxide (TREO).
• Neodymium: Samples 28, 29 and 47 each >1,000 ppm Nd.
• Yttrium: Sample 9 >1,000 ppm Y, with elevated values of other heavy REEs.
• Cerium: Four samples >1,000 ppm Ce, indicating strong TREO potential.
• Heavy‑REE oxide (HREO): Measured ranges from 175 ppm to 2,386 ppm in the highlighted samples.
• Follow‑up analysis: Over‑limit samples submitted for extended detection range methods; results expected in coming weeks. Additional fire‑assay with atomic absorption will be performed for gold and other precious metals.
• Future work: Planned follow‑up sampling and analytical programs to quantify higher REE concentrations and assess mineralization scale.
• QA/QC: Samples bagged, sealed, and supervised; analyzed by ISO‑accredited American Assay Laboratories (AAL) using the IM‑4AB61 package with standard QA/QC inserts (certified standards, blanks, duplicates).

Notable Quotes

“The frequency and diversity of over‑limit results from this initial sampling program is encouraging,” – Brad Brodeur, Chief Executive Officer.

All forward‑looking statements are subject to risks and uncertainties as described in the release.