Mr. Brad Brodeur reports

CANAMERA REPORTS MULTIPLE OVER-LIMIT REE RESULTS FROM IRON HILLS PROJECT

Canamera Energy Metals Corp. has released initial assay results from rock chip sampling on its Iron Hills project located in Colorado. Multiple samples returned indicative concentrations of rare-earth elements (REEs) exceeding the laboratory's upper detection limit of 1,000 parts per million (ppm).

The company collected 48 rock chip samples during its recent staking program, which was announced on Dec. 2, 2025. Assay results from American Assay Laboratories in Reno, Nev., indicate the potential for strong rare-earth enrichment across the project. Over-limit results were indicated for neodymium, a magnet rare-earth critical to electric vehicle motors and wind turbines; yttrium, a heavy rare-earth element; and cerium, an indicator of broader total rare-earth oxide (TREO) potential. Preliminary results include heavy rare-earth oxide (HREO) results ranging from 175 parts per million to 2,386 ppm enrichment.

"The frequency and diversity of overlimit results from this initial sampling program is encouraging," stated Brad Brodeur, 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. The company believes these results are particularly noteworthy given the project's location in the United States, where rare-earth elements are designated as critical minerals due to their importance to clean energy, advanced manufacturing and national supply chains."

Highlights

• 48 rock chip samples collected during the staking program, with 12 samples returning overlimit results (greater than 1,000 ppm) for TREO;
• Samples 28, 29 and 47 exceeded 1,000 ppm neodymium (Nd), a critical magnet rare earth;
• Sample 9 exceeded 1,000 ppm yttrium (Y), a heavy rare-earth element, with elevated values of other heavy rare earths;
• Four samples exceeded 1,000 ppm cerium (Ce), indicating TREO potential;
• Follow-up analytical work with extended detection ranges planned.

Note: Overlimit indicates concentrations exceeding the laboratory's analytical upper detection limit of 1,000 ppm. Follow-up analyses are required to determine actual concentrations.

The prospecting program represents an initial surface evaluation of Canamera's recently staked claims (the Iron Hills project) in the Powderhorn district of Colorado. The Powderhorn thorium rare-earth district has been described by the United States Geological Survey (USGS) as hosting a large, district-scale thorium rare-earth element system.

Yttrium is classified as a heavy rare-earth element, which is generally less abundant than light rare earths and is often associated with higher-value REE assemblages. The presence of additional heavy rare earths in samples 25-356028-9 further strengthens the technical merit of these results.

The samples collected during the prospecting phase were classified as grab, where the entire rock is taken or as selective where the geologist focuses on small portion of outcrop or subcrop to retrieve a sample. In either case the nature of sampling may not be representative of underlying mineralization, nor may it represent the true grade or style of mineralization across the property. The company is of the opinion that the strength, frequency and elemental diversity of the overlimit results strongly support continued exploration.

Next steps

The company has submitted the overlimit samples for additional analysis using methods capable of accurately measuring higher rare-earth concentrations with results expected in the coming weeks. The samples will also be assayed for precious metals, including gold, given the geological association of rare-earth mineralization with other mineral systems in the Iron Hill district. The company plans to undertake follow-up sampling and analytical programs designed to accurately measure higher rare-earth concentrations and the potential for REE mineralization.

Quality assurance/quality control (QA/QC)

All samples were placed in labelled 3-mil polyethylene bags, sealed with cable ties and stored under the direct supervision of company personnel prior to delivery to American Assay Laboratories (AAL) in Reno, Nev. The samples were analyzed using the IM-4AB61 analytical package, which includes a four-acid digestion followed by ICP analysis for 61 elements. Elevated barite concentrations were noted, and certain elements, such as cerium (Ce), exceeded the upper detection limits of the method. All samples are currently being reanalyzed by fire assay with an atomic absorption (AA) finish for gold and other precious metals, and select overlimit samples will undergo sodium peroxide fusion to obtain quantitative results.

The company implemented an industry-standard QA/QC program consisting of the regular insertion of certified reference standards, blanks and field duplicates into the sample stream, in addition to the internal quality control procedures employed by AAL. AAL is an independent, ISO-accredited laboratory and has no known relationship with the company.

About Canamera Metals Corp.

Canamera Energy Metals is a critical minerals exploration company building a diversified portfolio of interests in energy metals and rare-earth element projects across the Americas, including options in the Great Divide basin uranium project in Wyoming, and the Turvolandia and Sao Sepe rare-earth element projects in Brazil. In Canada, the company's portfolio includes the options to purchase 90 per cent of Schryburt Lake and 100 per cent of the Garrow rare-earth and niobium projects in Ontario and the Mantle project in British Columbia. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions, applying geochemical, geophysical and geological data sets to generate and advance high-conviction, first-mover exploration targets.

The scientific and technical information in this news release has been reviewed and approved by Warren Robb, PGeo (British Columbia), vice-president, exploration of the company, and a qualified person as defined by National Instrument 43-101.

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