Mr. Brad Brodeur reports

CANAMERA CONFIRMS SEVEN DRILL-DEFINED TARGET AREAS AT TURVOLÂNDIA IONIC CLAY REE PROJECT; ROSE TARGET RETURNS 8 METRES AT 2,238 PPM TREO INCLUDING 3 METRES AT 3,776PPM TREO

Canamera Energy Metals Corp. has released assay results from its Turvolandia ionic clay rare-earth project in Minas Gerais, Brazil. The release covers additional assay results from the Marita target; results from three new targets defined by a 26-hole regional exploratory program (Rose, Paiolinho and Miguel); and a program-level summary across all 77 holes received to date. The results expand the project from four to seven named, drill-confirmed rare-earth target areas.

Highlights

• Turvolandia expanded to seven drill-confirmed rare-earth target areas from four previously announced.
• Rose target (TUV-AUG-070): Eight metres at 2,238 ppm (parts per million) TREO (total rare-earth oxide) and 843 ppm MREO2 (two to 10 m), including three metres at 3,776 ppm TREO and 1,578 ppm MREO (magnet rare-earth oxide) (seven to 10 m, end of hole). The Rose target result is the strongest result from the regional exploratory program and compares favourably with results from previously announced highest grade targets at the Cortis zone.
• Marita target: Three holes all terminating in mineralized material; best subinterval three metres at 1,715 ppm TREO and 272 ppm MREO (TUV-AUG-064, end of hole).
• Paiolinho and Miguel targets return new results; Carvalho and Joaquim targets named as two additional areas defined by the 26-hole regional exploratory program.
• Seventy-seven holes with results received to date; 62 per cent returned at least one sample above 750 ppm TREO; peak 6,431 ppm TREO at Cordis (March 3, 2026).

"Turvolandia now has seven named rare earth targets, all confirmed by drilling, and the results from Marita and the regional program give us real confidence that the system is likely as extensive as the geophysics have suggested," commented Brad Brodeur, chief executive officer of Canamera Energy Metals. "The Rose target, defined by TUV-AUG-070, returned eight metres grading 2,238 ppm total rare-earth oxides -- which puts it firmly in the range of what we have seen at Cordis, Linda and South. At Marita, we drilled three holes and all three ended in rare-earth mineralization, with grades increasing as we went deeper. That is exactly what you want to see in an ionic clay system: it tells us the mineralization is still there below where the auger stopped. We have 47 more results to report and 20 holes pending at Linda alone. Every batch brings the system into sharper focus."

Marita target

The Marita target was first identified as part of the four-target system described in the company's June 16, 2026, news release. Three of 17 auger holes completed at Marita are reported here; results from the remaining 14 are pending.

All three reported holes terminated in mineralized material, with TREO and MREO grades increasing toward the base of each hole. The pattern is consistent with the IAC-REE model: in this deposit type, REE enrichment concentrates in the lower saprolite zone above the weathered-fresh rock transition and holes that end in elevated grades indicate the mineralized horizon continues below the auger's penetration depth.

TUV-AUG-018 was drilled vertically to 18 metres. The full-hole average of 715 ppm TREO includes an anomalous near-surface metre at four to five m (1,343 ppm TREO) and a deepening enrichment zone in the final two metres (16 to 18 m), where the hole terminated averaging 1,368 ppm TREO and 534 ppm MREO.

TUV-AUG-040 was drilled vertically to 13 metres, with grades rising steadily through the upper profile into the four-metre end-of-hole interval (nine to 13 m) averaging 1,144 ppm TREO and 362 ppm MREO. The final metre (12 to 13 m) returned the highest individual reading in the hole at 1,244 ppm TREO and 429 ppm MREO.

TUV-AUG-064 was drilled vertically to eight metres, with the deepest three metres (five to eight m) averaging 1,715 ppm TREO and 272 ppm MREO. The single metre at five to six m returned 2,742 ppm TREO, accounting for 53 per cent of the three-metre interval's total grade metres.

All three holes at the Marita target terminated in mineralized material. Deeper drilling is required to define the base of the mineralized horizon at this target.

Regional exploratory program

The company completed an additional 26 auger holes across the broader Turvolandia tenure to evaluate geophysical anomalies identified through total count radiometric surveys conducted prior to drilling. Twenty-six holes tested radiometric anomalies outside the four established target areas and generated five new named targets: Rose, Paiolinho, Miguel, Carvalho and Joaquim.

Results from three targets (Rose, Paiolinho and Miguel) are presented below.

Rose target

Hole TUV-AUG-070 was drilled vertically to 10 metres. An eight-metre interval from two metres to end of hole averaged 2,238 ppm TREO and 843 ppm MREO, with MREO representing 38 per cent of TREO across the interval. Grades increased sharply in the final three metres (seven to 10 m), which averaged 3,776 ppm TREO and 1,578 ppm MREO; the deepest metre (seven to eight m) returned the interval peak at 4,134 ppm TREO and 1,683 ppm MREO. The hole terminated in mineralized material at 10 metres.

Paiolinho target

Hole TUV-AUG-066 was drilled vertically to seven metres. Mineralization was present throughout the full hole profile, with the upper four metres (zero to four m) averaging 679 ppm TREO and the lower three metres (four to seven m, end of hole) averaging 1,192 ppm TREO and 304 ppm MREO. The hole terminated in mineralized material.

Miguel target

Hole TUV-AUG-038 was drilled vertically to 18 metres. The lower eight metres of the hole (10 to 18 m) averaged 744 ppm TREO and 326 ppm MREO. Within this interval, grades increased toward the base of the hole; the final three metres (15 to 18 m) averaged 977 ppm TREO and 427 ppm MREO, with the second-to-last metre (16 to 17 m) returning 1,136 ppm TREO and 500 ppm MREO. The hole terminated in mineralized material at 18 metres. MREO represents 44 per cent of TREO across the eight-metre interval.

Program summary

The company has now completed 124 auger holes totalling 1,379 metres at an average depth of 11.12 metres across the Turvolandia project. Assay results have been received for 77 of 124 holes. Results from the remaining 47 holes, including 20 follow-up holes at the Linda target announced June 9, 2026, are pending and will be reported upon receipt and validation.

Across the 77 holes for which results have been received:

• 48 holes (62 per cent) returned at least one sample grading above 750 ppm TREO, indicating broad, spatially distributed rare-earth enrichment across the project;
• 26 holes (34 per cent) returned at least one sample grading above 1000 ppm TREO;
• 36 holes (47 per cent) returned at least one sample grading above 200 ppm MREO;
• Peak TREO: 6,431 ppm over one metre (TUV-AUG-014, Cordis target);
• Peak MREO: 2,847 ppm (TUV-AUG-014);
• Peak Nd2O3 plus Pr6O11: 2,246 ppm; peak Dy2O3 plus Tb4O7: 163 ppm.

Previously announced results from the Cordis target (March 3, 2026), the Linda target (June 9, 2026) and the South target (June 16, 2026) are available in those respective news releases, accessible at the company's website and on SEDAR+.

The seven named target areas now defined at Turvolandia are: Cordis, Marita, South and Linda (four previously established targets), and Rose, Paiolinho, Miguel and Carvalho (three new targets defined by the regional exploratory program).

The Turvolandia project is located within a geological setting dominated by regional granitoid intrusions and lateritic weathering profiles consistent with ionic adsorption clay-hosted REE mineralization. In this deposit type, rare-earth elements are adsorbed onto clay minerals within the saprolitic weathering horizon above fresh basement rock and are typically concentrated in the lower portion of that profile. The pattern of mineralization increasing toward the base of drill holes -- observed at Marita, Rose, Paiolinho and Miguel -- is consistent with this model and indicates that auger penetration has not reached the base of the mineralized horizon at these targets.

Next steps

Assay results from the remaining 47 holes -- including 20 follow-up holes at the Linda target -- will be reported upon receipt and validation. The company is evaluating a next-phase program, including deeper drilling at Cordis, Linda, Marita, Rose and South to test below the auger-penetration depth.

There can be no assurance that future exploration programs will define economically recoverable mineral resources.

Assay methodology and QA/QC (quality assurance/quality control)

Auger drill samples were collected at one-metre intervals and submitted to SGS Geosol Laboratorios Ltda., Vespasiano, Minas Gerais, Brazil (ISO/IEC 17025 accredited), an independent laboratory, for multielement analysis by ICP-OES/MS including all rare-earth elements. The QA/QC program included the regular insertion of certified reference materials, blank standards and field duplicates. Elemental values were converted to rare-earth oxide equivalents using standard conversion factors.

The conversion factors used are included in the attached table.

Qualified person

The scientific and technical information in this news release has been reviewed and approved by Warren Robb, PGeo (British Columbia), vice-president, exploration, of Canamera Energy Metals and a qualified person as defined under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

For a discussion of the company's QA/QC and data verification processes and procedures, please see its most recently filed technical report, a copy of which may be obtained at SEDAR+.

About Canamera Energy Metals Corp.

Canamera Energy Metals is a rare-earth elements exploration and development company with an expanding project portfolio across Brazil, the United States and Canada. The company is focused on advancing ionic clay REE projects in Brazil and critical mineral assets in North America to support Western rare-earth supply chain independence.

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