Canamera Energy Metals Corp. has reported receiving over-limit assay results from American Assay Laboratories for rock samples collected during its prospecting program at the Iron Hills Project in Gunnison County, Colorado. The follow-up sodium peroxide fusion analysis returned quantitative values for cerium, neodymium and yttrium, with five of 48 samples exceeding initial detection limits.
Sample 47 returned the highest total rare earth oxide value of 6,557 ppm or 0.66% TREO including 2,336 ppm neodymium, while Sample 09 returned the highest heavy rare earth oxide value of 2,841 ppm driven by 1,305 ppm yttrium. With these updated results, six samples now exceed 3,000 ppm or 0.3% TREO, providing defined targets for follow-up work.
The company is evaluating additional sampling and analytical programs and reviewing options for an airborne magnetics, radiometrics and EM survey to assess the potential for rare earth element mineralization at Iron Hills. These developments come as the company builds a portfolio of district-scale opportunities across the Americas, including projects in British Columbia, Northern Ontario, and Brazil.
The significance of these findings extends beyond the immediate project boundaries, as rare earth elements have become increasingly critical for modern technologies including electric vehicles, wind turbines, and defense applications. The United States has been actively seeking to develop domestic sources of these strategic minerals to reduce dependence on foreign supply chains, particularly from China which currently dominates global production.
For investors and industry observers, these results suggest potential for the Iron Hills Project to contribute to North American rare earth supply diversification. The company's approach of targeting underexplored regions with strong geological signatures and supportive jurisdictions aligns with broader industry trends toward securing critical mineral resources in politically stable regions.
Additional information about the company's developments is available through its newsroom at https://ibn.fm/EMETF. The original press release containing these assay results can be viewed at https://ibn.fm/gaYoJ.
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These assay results represent an important step in the evaluation of rare earth potential in Colorado, a region not traditionally associated with rare earth element production. The presence of elevated concentrations of both light rare earth elements like cerium and neodymium and heavy rare earth elements like yttrium suggests a potentially diverse mineralization profile that could be of interest for various industrial applications.
