Canamera Confirms Ionic Clay REE Mineralization at Turvolandia: Eastern Grid Returns up to 6,431 ppm TREO and up to 42% Magnet-Critical Rare Earth Oxides Across 83 Hectares
Executive Summary
- First 27 of 55 auger holes at the Turvolândia project returned multiple high‑grade total rare earth oxide (TREO) intercepts, including a best hole (TUV‑AUG‑014) with 3,255 ppm TREO over 13 m and a peak of 6,431 ppm TREO.
- Magnet‑critical REE (MREO) – Nd₂O₃, Pr₆O₁₁, Dy₂O₃, Tb₄O₇ – comprise up to 42 % of TREO in the best composite intervals, indicating a potentially valuable deposit type.
- The mineralized zone on the eastern grid now spans ~1,200 m × 1,100 m (≈83 ha); RC drilling and a LiDAR survey are planned to test depth continuity and improve topographic correlation.
Key Details
- Hole TUV‑AUG‑014: 3,255 ppm TREO over 13 m from surface (0‑13 m); 5,486 ppm TREO over 3 m (4‑7 m); peak 6,431 ppm TREO over 1 m (6‑7 m). MREO = 34.6 % of TREO; hole stopped in elevated TREO at 12‑13 m.
- Hole TUV‑AUG‑007: 3,823 ppm TREO over 2 m (14‑16 m); 5,341 ppm TREO over 1 m (15‑16 m). MREO = 39.7‑42.1 % of TREO; stopped in elevated zone.
- Hole TUV‑AUG‑021: 1,469 ppm TREO over 15 m (1‑16 m); MREO = 32.6 % of TREO; stopped in elevated zone.
- Hole TUV‑AUG‑006: 1,865 ppm TREO over 7 m (0‑7 m); HREO = 20.4 % of TREO.
- Hole TUV‑AUG‑001: 1,137 ppm TREO over 6 m (13‑19 m); MREO = 40.4 % of TREO; stopped in elevated zone.
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Additional intersected holes (TUV‑AUG‑004, 012, 013, 018, 024, 025, 027) reported elevations ranging from ~1,000 to ~3,800 ppm TREO with varying MREO/HREO percentages.
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Program Scope: Auger program targets ionic clay‑hosted REE mineralization across a 29,574‑ha property (~200 km NE of São Paulo). First 27 holes cover 354 m of the planned 1,000 m auger depth; 721 m drilled to date, 671 m submitted for assay. Remaining 317 m pending results.
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Mineralized Zone Size: Eastern grid mineralization estimated at ~1,200 m (E‑W) × 1,100 m (N‑S), covering ≈833,000 m² (83.3 ha).
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Assay Methodology: Samples taken at 1‑m intervals, analyzed by SGS Geosol (ISO‑9001/14001/17025) using LiBO₂ fusion and ICP‑OES/MS for 49 elements; QA/QC includes CRMs, blanks, and field duplicates.
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Next Steps:
- Commence reverse‑circulation (RC) drilling to test continuity below auger depth.
- Conduct a high‑resolution LiDAR survey to improve topographic correlation across the property.
Notable Quotes
“We are pleased with and encouraged by these results… The first 27 holes at Turvolândia indicate the potential for an ionic clay mineralized rare earth system which could stretch across the eastern grid…” – Brad Brodeur, CEO
All forward‑looking statements are subject to risks and uncertainties as detailed in the release.