Disseminated on behalf of Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) and may include paid advertising.
- ExploreTech is an exploration technology company that originated at Stanford University, developing an approach to exploration planning that’s more efficient than traditional methods.
- ExploreTech’s probabilistic modeling and drill planning solution pinpoints targets below cover, achieving the same or better drilling results with fewer boreholes.
- Recently, Canamera Energy Metals has engaged ExploreTech to deploy this technology at the Schryburt Lake REE-Niobium Project in Ontario, Canada.
As the world becomes more reliant on technology and makes the shift to clean-energy, the critical metals they rely on are becoming more and more sought after. This increased demand requires a more efficient and effective approach to discover and delineate minerals.
ExploreTech, a Stanford-originated exploration technology company, has developed amore efficient approach to exploration planning than what’s currently available, and demonstrated this technology on over 15 partner projects. The company has shown excellent results, intersecting its predicted targets at every project drilled so far.
In preparation for its drilling campaign, Canamera Energy Metals (CSE: EMET) (OTCQB: EMETF), a rare earth and critical metals exploration company, has engaged ExploreTech to conduct an independent data review and drill optimization at the Schryburt Lake REE-Niobium Project in Ontario, Canada.
ExploreTech will deploy the company’s proprietary ExploreTech Engine, which is a computing platform that runs probabilistic modeling workflows, to optimize capital spend and refine the depth extent and geometry of the four flagship priority target areas at the Project, which are Goldfinch, Blue Jay, Blackbird, and Starling.
It’ll also optimize drill collar placement and deliver a ranked, phased drilling sequence in support of Canamera’s recommended 1,500 meter, nine-hole helicopter-supported diamond drilling program.
Speaking about the engagement, Brad Brodeur, CEO of Canamera Energy Metals, said that “Engaging ExploreTech brings a quantitative, evidence-weighted layer to our drill targeting that complements the technical work already completed by the Independent Qualified Person and the Project’s prior operators. ExploreTech’s track record speaks for itself, and partnering with them is consistent with our broader commitment to deploying best-in-class tools across the portfolio to maximize the return on every metre of drilling.”
For more information, visit the company’s website at CanameraMetals.com.
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.
