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Canamera Energy Metals Reports High-Grade Rare Earth Assays at Colorado Iron Hills Project

Canamera Energy Metals reports high-grade rare earth assay results from Iron Hills Project in Colorado, with samples showing significant neodymium and yttrium values.

This discovery matters because rare earth elements are critical components in modern technologies including electric vehicles, wind turbines, smartphones, and defense systems. With China currently dominating global rare earth production, new discoveries in North America could help diversify supply chains and reduce geopolitical risks. The specific elements identified—neodymium and yttrium—are particularly valuable for permanent magnets used in EV motors and clean energy technologies. As the world transitions to renewable energy and electrified transportation, securing domestic sources of these strategic minerals becomes increasingly important for economic security and technological independence. Successful exploration at Iron Hills could contribute to building North American rare earth production capacity, supporting the green energy transition while creating economic opportunities in Colorado's mining sector.