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

Core Viewpoint - Canamera Energy Metals Corp. has reported promising initial assay results from rock chip sampling at its Iron Hills Project in Colorado, indicating significant concentrations of rare earth elements (REEs) exceeding 1,000 parts per million (ppm) [1][3]. Group 1: Sampling and Results - The company collected 48 rock chip samples during its staking program, with assay results showing potential for strong rare earth enrichment across the project [2][9]. - Notable over-limit results were found for neodymium, yttrium, and cerium, with heavy rare earth oxide (HREO) results ranging from 175 ppm to 2,386 ppm [2][9]. - Twelve samples returned over-limit results for total rare earth oxides (TREO), with specific samples exceeding 1,000 ppm for neodymium and yttrium [9]. Group 2: Project Significance - The results are particularly significant due to the project's location in the United States, where REEs are classified as critical minerals essential for clean energy and advanced manufacturing [3][7]. - The Powderhorn district, where the Iron Hills Project is located, is recognized by the United States Geological Survey as hosting a large thorium rare earth element system [7]. Group 3: Next Steps and Future Plans - The company plans to conduct follow-up analyses on the over-limit samples to accurately measure higher rare earth concentrations and assess the potential for REE mineralization [11]. - Additional sampling and analytical programs are planned, including assays for precious metals like gold, which are geologically associated with rare earth mineralization in the Iron Hill district [11]. Group 4: Quality Assurance - The company implemented a quality assurance and quality control (QA/QC) program, including the use of certified reference standards and field duplicates to ensure the reliability of the sampling results [12][13].