Curated News
By: NewsRamp Editorial Staff
February 17, 2026
Canamera Energy Metals Secures Option for Ontario Uranium, Rare Earth Property
TLDR
- Canamera Energy Metals gains potential full ownership of Ontario's Waterslide Property, securing strategic access to uranium and rare earths critical for competitive energy and technology markets.
- Canamera may earn 100% interest through four staged payments totaling $200,000 over three years, with a 2% royalty and $1 million buyback option for the 2,300-hectare property.
- This exploration advances sustainable resource development in supportive jurisdictions, potentially contributing to cleaner energy solutions and responsible mineral sourcing for a better environmental future.
- The Waterslide Property hosts seven documented uranium, thorium, fluorite and rare earth occurrences in Ontario's Central Gneiss Belt, revealing geological diversity in a historic mining region.
Impact - Why it Matters
This development matters because it represents a strategic expansion in the critical minerals sector at a time when global demand for rare earth elements and uranium is surging due to clean energy transitions and technological advancements. The Waterslide Property's location in Ontario's established mining jurisdiction offers geological promise for uranium and rare earth discoveries, potentially contributing to North American supply chain security amid growing geopolitical tensions over mineral resources. For investors, Canamera's staged acquisition approach minimizes upfront risk while positioning the company to capitalize on rising commodity prices and government incentives for domestic critical mineral production. The announcement also highlights the growing importance of specialized financial communications platforms like Rocks & Stocks in connecting mining companies with capital markets during a period of renewed interest in resource exploration.
Summary
Canamera Energy Metals Corp. (CSE: EMET, OTCQB: EMETF, FSE: 4LF0) has taken a significant step in expanding its North American exploration portfolio by entering into an option agreement with Gallik Explorations Inc. to potentially acquire 100% ownership of the Waterslide Property in Ontario. This 2,300-hectare property, located approximately 20 kilometers southeast of Bancroft, hosts seven documented occurrences of uranium, thorium, fluorite, and rare earth elements within the geologically promising Central Gneiss Belt of the Grenville Province. The strategic acquisition, subject to Canadian Securities Exchange approval, allows Canamera to secure full ownership through four staged cash and share payments totaling $200,000 over three years, after which the project will carry a 2% net smelter return royalty with a buyback option for $1 million.
The Waterslide Property represents another valuable addition to Canamera's growing portfolio of district-scale opportunities across the Americas, which already 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. The company's exploration strategy focuses on targeting underexplored regions with strong geological signatures in supportive jurisdictions, applying comprehensive geochemical, geophysical, and geological datasets to generate high-conviction, first-mover exploration targets. This announcement was disseminated through the InvestorBrandNetwork's specialized communications platform, Rocks & Stocks, which delivers deep insights into the mining industry as part of the Dynamic Brand Portfolio.
For investors seeking the latest updates on Canamera Energy Metals Corp., the company maintains an active newsroom accessible through the InvestorBrandNetwork platform. Rocks & Stocks, as part of IBN's extensive network, provides comprehensive distribution services including access to wire solutions, article syndication to over 5,000 outlets, enhanced press release optimization, social media distribution to millions of followers, and tailored corporate communications solutions. This infrastructure ensures that mining companies like Canamera can effectively reach diverse audiences of investors, influencers, consumers, journalists, and the general public through a platform designed to cut through market information overload and deliver actionable insights.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Canamera Energy Metals Secures Option for Ontario Uranium, Rare Earth Property
