Disseminated on behalf of Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) and may include paid advertising.

• The demand for key elements, including neodymium and praseodymium, and metals such as niobium, is only increasing.
• Canamera’s recent report recommends a diamond drill program of 1,500 meters across nine holes at its Schryburt Lake project.
• CEO states that “Schryburt Lake is a rare and genuinely underexplored carbonatite system in one of Canada’s most active mining districts.”

The magnets that spin electric vehicle motors and offshore wind turbines cannot be built without a small basket of rare earth elements led by neodymium and praseodymium. In addition, the high-strength steel alloys that reinforce pipelines, jet engines and defense infrastructure depend just as heavily on niobium, a metal whose supply is even more geographically concentrated than the rare earths. In that context, Canamera Energy Metals (CSE: EMET) (OTCQB: EMETF), one of the junior exploration companies working to build supply of these essential elements, has filed an independent NI 43-101 technical report on its Schryburt Lake project in northwestern Ontario, recommending a C$1.5 million phase 1 drill program targeting rare earth and niobium mineralization across five priority target areas.

Neodymium and praseodymium, often referred to together as NdPr, are the specific rare earth elements used to make the high-performance permanent magnets found in electric vehicle motors, wind turbine generators, robotics and defense systems. In addition, the announcement of a recent supply agreement underscores just how central non-China NdPr sourcing has become…

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NOTE TO INVESTORS: The latest news and updates relating to EMETF are available in the company’s newsroom at ibn.fm/EMETF

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This document contains “forward-looking information” within the meaning of applicable securities legislation, including statements regarding: the Company’s planned exploration activities on its projects; the anticipated timing and completion of the earn-in milestones under the Option Agreement; the Company’s ability to make required cash and share payments and incur required exploration expenditures; the geological prospectivity of its projects; and the Company’s exploration strategy.

Forward-looking information is based on assumptions, estimates, and opinions of management at the date the statements are made and is subject to a variety of risks and uncertainties that could cause actual results to differ materially from those anticipated or projected. These assumptions include, without limitation: the Company’s ability to raise sufficient capital to fund its exploration programs and option payments; favourable regulatory conditions; continued access to its projects; and general economic conditions.

Important risk factors that could cause actual results to differ materially include, but are not limited to: uncertainties related to raising sufficient financing; the inherently speculative nature of mineral exploration; title risks; environmental and permitting risks; and fluctuations in uranium prices. Additional risk factors affecting the Company can be found in the Company’s continuous disclosure documents available at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking information.

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This contant was orignally distributed by InvestorBrandNetwork (IBN). Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) Advances Schryburt Lake with New Independent Technical Report.