Curated News
By: NewsRamp Editorial Staff
February 20, 2026

Canamera Energy Metals Enters US Uranium Market with Wyoming Project

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TLDR

  • Canamera Energy Metals gains a strategic advantage by acquiring up to 90% interest in Wyoming's Great Divide Basin uranium project, entering the U.S. uranium exploration market.
  • The acquisition involves 104 unpatented mining claims covering 2,080 acres in a uranium-producing region, with historical drilling and roll-front mineralization guiding systematic exploration.
  • This expansion into uranium exploration supports the development of critical minerals for clean energy technologies, contributing to a more sustainable and secure energy future.
  • Canamera Energy Metals, a rare earth explorer, is now venturing into uranium with a 2,080-acre project in Wyoming's historically productive Great Divide Basin.

Impact - Why it Matters

This development matters because it represents a strategic expansion into the uranium sector by a company focused on critical minerals, which are essential for modern technologies including clean energy, defense, and electronics. As global demand for uranium rises due to renewed interest in nuclear power as a low-carbon energy source, and as nations seek to secure domestic supplies of critical minerals, Canamera's move into the Great Divide Basin could position it to contribute to North American energy independence and supply chain resilience. For investors, it signals potential growth opportunities in a company diversifying its portfolio in a high-demand sector. For the broader market, it highlights ongoing exploration activities in established mining regions like Wyoming, which could lead to new resource discoveries and economic development. The involvement of specialized platforms like MiningNewsWire also underscores the importance of effective communication in connecting mining companies with investors and the public in a complex industry.

Summary

Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF), a rare earth and critical metals exploration company, has made a significant strategic move by entering the uranium exploration market in the United States. The company announced it has entered into an option agreement to acquire up to a 90% total interest in the Great Divide Basin uranium project in Wyoming. This project comprises 104 unpatented mining claims covering approximately 2,080 acres in a region historically known for uranium production. CEO Brad Brodeur emphasized the project's attractiveness, citing historical drilling, roll-front mineralization, and proximity to advanced-stage projects in the district as providing a strong foundation for systematic exploration. This acquisition marks a notable expansion of Canamera's critical minerals focus into the uranium sector, leveraging the company's expertise in targeting underexplored regions with strong geological signatures.

The Great Divide Basin project represents a key addition to Canamera's growing portfolio of district-scale opportunities across the Americas. The company's existing asset base includes the Mantle project in British Columbia, the Garrow rare earth elements project in Northern Ontario, the Schryburt Lake rare earth and niobium project in Ontario, the Iron Hills critical and rare earth project in Colorado, and the Turvolândia and São Sepé rare earth element projects in Brazil. Canamera's strategy involves applying comprehensive geochemical, geophysical, and geological datasets to generate and advance high-conviction, first-mover exploration targets in supportive jurisdictions. This latest move into uranium exploration in Wyoming aligns with the company's broader mission to build a diversified portfolio of critical mineral assets, positioning it to capitalize on growing demand for these essential resources.

The news was disseminated by MiningNewsWire (“MNW”), a specialized communications platform within the Dynamic Brand Portfolio @ IBN that focuses on developments in the global mining and resources sectors. MNW provides extensive distribution services, including access to wire solutions via InvestorWire, article and editorial syndication to over 5,000 outlets, enhanced press release features, social media distribution to millions of followers, and tailored corporate communications solutions. For investors seeking the latest updates, the company’s newsroom at https://ibn.fm/EMETF offers ongoing information. This strategic acquisition by Canamera Energy Metals underscores the dynamic nature of the critical minerals exploration sector and highlights the importance of specialized platforms like MiningNewsWire in delivering timely and impactful industry news to a wide audience of stakeholders.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Canamera Energy Metals Enters US Uranium Market with Wyoming Project

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