Canamera Acquires Great Divide Basin Uranium Project in Wyoming

Canamera Energy Metals Corp has announced an option agreement to acquire up to a 90% interest in the Great Divide Basin uranium project, located in Fremont and Sweetwater counties, Wyoming. This acquisition marks Canamera's entry into the U.S. uranium exploration sector.

The project consists of 104 unpatented mining claims, spanning roughly 2,080 acres in a region known for uranium production. According to CEO Brad Brodeur, the project offers a solid foundation for systematic exploration, with historical drilling and proximity to advanced-stage projects.

The acquisition involves three earn-in stages, including cash payments, share issuances, and exploration expenditures totaling over $2.8 million. Completion of the first stage will result in a joint venture to further develop the project. The local mineralization is characteristic of the roll-front deposits typical of Wyoming's uranium districts.