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

Canamera Energy Metals Corp. has reported encouraging early signs of rare earth mineralisation from its Iron Hills Project in Colorado, after initial rock chip sampling returned multiple results above laboratory detection limits for key rare earth elements.

In a statement released on Monday, the Edmonton-based company said assay results from its first-pass sampling program point to potentially strong rare earth enrichment across the newly staked project area. Several samples exceeded the analytical upper limit of 1,000 parts per million (ppm) for rare earth elements, suggesting concentrations that warrant more detailed follow-up work.

The results stem from a total of 48 rock chip samples collected during Canamera’s recent staking campaign, which the company announced in early December 2025. Analytical work was carried out by American Assay Laboratories in Reno, Nevada.

Critical magnet rare earth minerals

According to the company, multiple samples returned over-limit values for neodymium, yttrium and cerium. Neodymium is a critical magnet rare earth widely used in electric vehicle motors and wind turbines, while yttrium is classified as a heavy rare earth element with applications in electronics, defence systems and advanced materials. Cerium, although more abundant, is commonly viewed by explorers as an indicator of broader total rare earth oxide (TREO) potential.

Preliminary results also showed heavy rare earth oxide (HREO) values ranging from 175 ppm to as high as 2,386 ppm, further supporting the possibility of meaningful rare earth mineralisation within the project footprint.

“The frequency and diversity of over-limit results from this initial sampling program is encouraging,” said Brad Brodeur, Canamera’s chief executive officer. “We collected 48 samples during the staking process and multiple returned indicative values above the lab’s 1,000 ppm detection cap for key rare earth elements. These results support continued exploration to define the potential scale of mineralization on our claims.”

Brodeur added that the findings are notable given the project’s location in the United States, where rare earth elements are formally designated as critical minerals due to their strategic importance to clean energy technologies, advanced manufacturing and national supply chains.

12 out of 48 yield over-limit results

Among the highlights disclosed by the company, 12 of the 48 samples returned over-limit results for total rare earth oxides. Samples numbered 28, 29 and 47 exceeded 1,000 ppm neodymium, while sample 9 surpassed the same threshold for yttrium and also showed elevated levels of other heavy rare earths. Four separate samples returned cerium values above 1,000 ppm, reinforcing the potential for broader rare earth enrichment.

Canamera cautioned that the reported figures reflect initial screening results and that additional analytical work is planned. The company intends to submit selected samples for re-analysis using extended detection limits to better quantify the true concentrations of rare earth elements present.

The Iron Hills Project represents an early-stage exploration asset, and no mineral resources have yet been defined. However, management said the initial assay data provides sufficient encouragement to justify continued fieldwork and more detailed geological evaluation as the company seeks to assess the scale and continuity of rare earth mineralisation on the claims.