Ionic Clay REE Mineralization
Search documents
Canamera Confirms Ionic Clay REE Mineralization at Turvolândia: Eastern Grid Returns up to 6,431 ppm TREO and up to 42% Magnet-Critical Rare Earth Oxides Across 83 Hectares
TMX Newsfile· 2026-03-11 10:00
Core Insights - Canamera Energy Metals Corp. has reported positive assay results from the first 27 of 55 completed auger holes at the Turvolândia rare earth project in Brazil, indicating significant mineralization potential [1][2][3] Project Overview - The Turvolândia project spans 29,574 hectares and is located approximately 200 km northeast of São Paulo, Brazil [13] - The auger program is focused on testing ionic clay-hosted rare earth mineralization, with the first 27 holes indicating a mineralized zone measuring approximately 1,200 metres by 1,100 metres, covering an area of about 833,000 m² [3][9] Assay Results - Hole TUV-AUG-014 returned the highest grade of 3,255 ppm total rare earth oxide (TREO) over 13 metres, with a peak grade of 6,431 ppm TREO over 1 metre [1][11] - Nine of the 27 holes were stopped in elevated TREO zones due to ground conditions, suggesting that mineralization remains open at depth [1][12] - The proportion of magnet-critical rare earth oxides (MREO) in the best composite intervals accounts for up to 42% of TREO [4][10] Future Plans - The company plans to conduct reverse circulation (RC) drilling to test mineralization continuity below the auger depth and perform a LiDAR survey for improved topographic correlation across the terrain [14]