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

Rhea-AI Summary

Canamera Energy Metals (EMETF) reports progress on its maiden exploration drill program at the Turvolandia rare earth elements project in Brazil dated December 15, 2025. Phase 1 began in mid-November and targets near-surface ionic clay-hosted REE mineralization with a program sized at approximately 1,000 metres. About one-third of planned holes have been completed and drilling is expected to pause in December for the holidays.

The program plans 48–54 vertical auger holes (16–18 per target area) to depths of 20–25 m. Canamera holds an option to acquire 100% interest in Turvolandia and São Sepé subject to staged cash/share payments and minimum exploration expenditures; vendors retain a 1.0% NSR (0.5% repurchaseable for $500,000).

Positive

• ~1,000 m Phase 1 maiden drilling initiated
• Approximately 48–54 holes planned across three target areas
• One-third of planned holes completed as of December 15, 2025
• Option to acquire 100% interest in Turvolandia and São Sepé projects

Negative

• Vendors retain a 1.0% NSR on production
• Additional cash payments required on technical milestones (resource, PEA, feasibility)

EDMONTON, AB / ACCESS Newswire / December 15, 2025 / Canamera Energy Metals Corp. (CSE:EMET)(OTCQB:EMETF)(FSE:4LF0) ("Canamera" or the "Company") announces strong progress from its maiden exploration drill program at the Turvolandia rare earth element ("REE") project in Brazil. Phase 1, launched in mid-November, and comprising approximately 1,000 metres of drilling designed to evaluate the thickness and continuity of near-surface ionic clay-hosted REE mineralization across three priority target areas defined by historical work, a deposit style that has attracted growing interest for its potential to supply the global magnet rare earths market. To date, roughly one-third of the planned holes have been completed, with drilling expected to pause in December for the Christmas holidays.

"This drill program marks a significant milestone in advancing the Turvolandia REE project," stated 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. We're excited to systematically test the three priority target areas as we work towards further understanding the project's geological profile."

TURVOLANDIA PROJECT OVERVIEW

The Turvolandia Project is located immediately east of the Poços de Caldas alkaline complex, a 30‑square kilometre intrusive system in southern Minas Gerais that is rapidly emerging as one of Brazil's most important ionic‑clay rare earth districts. This plateau hosts thick, deeply weathered clay profiles developed over REE‑enriched phonolitic and nepheline syenite, the same style of geology that underpins major ion‑adsorption clay deposits in southern China and has attracted significant global interest for its potential to support relatively lower‑cost extraction compared to traditional hard‑rock REE deposits. The property, situated in the southwest area of the state of Minas Gerais, Brazil, approximately 200 km northeast of São Paulo and 294 km southwest of Belo Horizonte, is prospective for ionic clay-hosted REE mineralization.

Canamera holds an option to acquire a 100% interest in the Turvolândia and São Sepé rare earth ionic clay projects in Brazil by making staged cash and share payments to the vendors and funding minimum exploration expenditures over the option term. Upon exercise of the option, the vendors will retain a 1.0% net smelter returns royalty on production from the projects, one‑half of which (0.5%) can be repurchased by Canamera for a cash payment of $500,000. Additional cash payments are also payable to the vendors upon the achievement of defined technical milestones, including publication of a mineral resource estimate, preliminary economic assessment and feasibility study for the projects.

Figure 1: Property Location

PHASE 1 DRILL PROGRAM DETAILS

The Phase 1 program is designed to consist of approximately 48 - 54 vertical auger holes across three separate target areas, with each area budgeted for 16-18 holes. Holes are to be drilled to depths of approximately 20-25 meters to test for thickness and continuity of ionic clay-hosted REE mineralization.

The aim of the drill program is to obtain information on the geometry, distribution, and continuity of the ionic clay mineralization, which will inform future exploration strategies.

Figure 2: Target Areas for Current Program

The scientific and technical information in this news release has been reviewed and approved by Warren Robb, P.Geo. (British Columbia), Vice‑President, Exploration of the Company and a "Qualified Person" as defined by National Instrument 43‑101.

For a discussion of the Company's QA/QC and data verification processes and procedures, please see its mostly recently-filed technical report, a copy of which is available under the Company's profile at www.sedarplus.ca.

About Canamera Metals Corp.

Canamera Energy Metals Corp. is a critical minerals exploration company building a diversified portfolio of interests in energy metals and rare earth element projects across the Americas, including options in the Great Divide Basin uranium project in Wyoming, and the Turvolândia and São Sepé rare earth element projects in Brazil. In Canada, the Company's portfolio includes the options to purchase 90% of Schryburt Lake and 100% of the Garrow rare earth and niobium projects in Ontario and the Mantle project in British Columbia. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions, applying geochemical, geophysical, and geological datasets to generate and advance high-conviction, first-mover exploration targets. For more information, visit www.canamerametals.com .

FOR FURTHER INFORMATION PLEASE CONTACT:

Brad Brodeur
Chief Executive Officer
brad@canamerametals.com
780-238-7123

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements are typically identified by words such as "will," "plans," "expects," "could," "potential," "objective," and similar expressions, or statements that events, conditions, or results "will," "may," "could," or "should" occur or be achieved. All statements that are not statements of historical fact are forward-looking statements.

Forward-looking statements in this release include, but are not limited to, statements regarding: the commencement and completion of the Phase 1 drill program; the number and depth of drill holes to be completed; the ability of the drill program to test for thickness and continuity of REE mineralization; expectations regarding the geological model and potential for resource definition work in 2026; the nature and characteristics of ionic clay-hosted REE deposits; the strategic importance of rare earth supply chains; and the Company's exploration strategies at the Turvolandia Project.

Forward-looking statements are based on assumptions, estimates, and opinions of management at the date the statements are made and are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those anticipated or projected. These risks include, but are not limited to: the ability to complete the drill program as planned; uncertainties related to the interpretation of drill results and the geology of the Turvolandia Project; variations in the continuity, thickness, and grade of REE mineralization; changes in commodity prices for rare earth elements; uncertainties related to the metallurgical characteristics and economic extractability of ionic clay-hosted REE mineralization; availability of financing for continued exploration; the ability to obtain necessary permits and regulatory approvals in Brazil; geopolitical and economic conditions affecting rare earth supply and demand; changes in exchange rates; and general risks associated with mineral exploration in foreign jurisdictions.

Additional risk factors affecting the Company can be found in the Company's continuous disclosure documents available at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any obligation, to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Canamera Energy Metals Corp

View the original press release on ACCESS Newswire

FAQ

What drilling has Canamera (EMETF) completed at Turvolandia as of December 15, 2025?

Canamera started Phase 1 in mid-November and has completed about one-third of the planned holes in the ~1,000 m program.

How many holes and what depth is the Phase 1 drill program at Turvolandia (EMETF)?

Phase 1 is designed for 48–54 vertical auger holes (16–18 per target) drilled to approximately 20–25 m each.

What ownership terms does Canamera (EMETF) have for Turvolandia and São Sepé projects?

Canamera holds an option to acquire 100% interest by staged cash and share payments plus minimum exploration expenditures; vendors retain a 1.0% NSR.

Is there a royalty repurchase option on the Turvolandia projects for EMETF investors?

Yes. Half of the 1.0% NSR (0.5%) can be repurchased by Canamera for $500,000.

Will drilling at Turvolandia continue uninterrupted after December 2025?

Drilling is expected to pause in December for the Christmas holidays before resuming.