Canamera Advances Maiden Drill Program at Turvolandia Rare Earths Project in Brazil

Executive Summary

• Canamera Energy Metals reports strong progress on the maiden Phase 1 drill program at its Turvolandia rare‑earth element project in Brazil, with roughly one‑third of the planned 48–54 auger holes completed.
• The program is designed to test thickness and continuity of near‑surface ionic‑clay REE mineralization across three priority target areas; drilling will pause for the December holidays and resume in early 2026.
• The company retains an option to acquire 100 % of Turvolandia (and São Sepé) by making staged cash and share payments, with a 1 % NSR royalty payable to vendors (0.5 % repurchasable for $500,000).

Key Details

• Program Scope: Approximately 1,000 m of vertical auger drilling; target depth 20–25 m per hole; 48‑54 holes total across three target zones (≈16‑18 holes each).
• Current Status: ~33 % of planned holes completed as of mid‑December 2025; remaining holes to be drilled after the holiday pause.
• Objective: Obtain geometry, distribution, and continuity data for ionic‑clay REE mineralization to inform future exploration strategy and resource definition work (anticipated 2026).
• Option Terms: Canamera may acquire 100 % interest in Turvolandia and São Sepé by delivering staged cash/share payments; vendors retain a 1.0 % NSR royalty, of which 0.5 % is repurchasable for $500,000 cash. Additional milestone payments are triggered upon issuance of a mineral resource estimate, PEA, and feasibility study.
• Qualified Person: Technical information reviewed and approved by Warren Robb, P.Geo., Vice‑President Exploration (NI 43‑101 Qualified Person).
• Location Context: Project sits east of the Poços de Caldas alkaline complex in Minas Gerais, Brazil – a region noted for ionic‑clay REE deposits analogous to those in southern China.

Notable Quotes

“This drill program marks a significant milestone in advancing the Turvolandia REE project,” said Brad Brodeur, CEO of Canamera Energy Metals Corp. “With global rare earth supply chains under increasing geopolitical pressure, Brazil represents a jurisdictionally secure source of these critical elements.”