Mr. Brad Brodeur reports

CANAMERA RESUMES AUGER DRILLING AT TURVOLÂNDIA RARE EARTH PROJECT IN BRAZIL

Canamera Energy Metals Corp. has been informed by its drill contractor FCR Geologia e Exploracao Ltd. in Brazil that it will be resuming auger drilling operations on the 29,574-hectare Turvolandia rare-earth project on Feb. 5, 2026. The auger drill program began in November 2025 and continued into the middle of December. The drilling was paused for Christmas and due to the heavy rains in Brazil in January, 2026.

To date, the company has completed 344 metres of auger drilling at the project through 27 holes representing approximately one third of the proposed drilling on the project. Samples collected from the drilling to date have been sent to SGS laboratories in Belo Horizonte for analysis. The results from the analysis will be released once they have been reviewed, verified and approved.

"Resuming drilling at Turvolandia marks an important step forward for Canamera as we continue to systematically evaluate the scale and continuity of this potential ionic clay rare-earth system," stated Brad Brodeur, chief executive officer of Canamera Energy Metals. "With approximately one-third of the planned auger drilling now complete and samples already at the lab, we are encouraged by the steady progress to date and look forward to updating shareholders as results become available."

Turvolandia project overview

The Turvolandia project is located approximately 55 kilometres east of the Pocos de Caldas alkaline complex, a 30-square-kilometre intrusive system in southern Minas Gerais that is rapidly emerging as one of Brazil's most important ionic clay rare-earth districts. This plateau hosts thick, deeply weathered clay profiles developed over REE-enriched phonolitic and nepheline syenite, which is the same style of geology that underpins major ion-adsorption clay deposits in southern China and has attracted significant global interest for its potential to support relatively lower-cost extraction compared with traditional hard-rock REE deposits. The project, situated in the southwest area of the state of Minas Gerais, Brazil, approximately 200 km northeast of Sao Paulo and 294 km southwest of Belo Horizonte, is prospective for ionic clay-hosted REE mineralization.

Canamera holds an option to acquire a 100-per-cent interest in the Turvolandia and Sao Sepe rare-earth ionic clay projects in Brazil by making staged cash and share payments to the vendors and funding minimum exploration expenditures over the option term. Upon exercise of the option, the vendors will retain a 1.0-per-cent net smelter returns royalty on production from the projects, one-half of which (0.5 per cent) can be repurchased by Canamera for a cash payment of $500,000. Additional cash payments are also payable to the vendors upon the achievement of defined technical milestones, including publication of a mineral resource estimate, preliminary economic assessment and feasibility study for the projects. Please see the news release dated Oct. 7, 2025, for more details. The scientific and technical information in this news release has been reviewed and approved by Warren Robb, PGeo (British Columbia), vice-president of exploration of the company and a qualified person as defined by National Instrument 43-101.

About Canamera Energy Metals Corp.

Canamera Energy Metals is a critical and rare-earth metals exploration company focused on building a diversified portfolio of district-scale projects across the Americas. In North America, the company's portfolio includes the Schryburt Lake rare-earth and niobium project in Ontario; the Iron Hills critical and rare-earth project in Colorado; the Garrow rare-earth elements project in Northern Ontario; the Great Divide basin uranium project in Wyoming; and the Mantle project in British Columbia. In South America, Canamera is advancing the Turvolandia and Sao Sepe rare-earth element projects in Brazil. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions, leveraging geochemical, geophysical and geological data sets to generate and advance high-conviction, first-mover exploration opportunities.

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