Waterslide

100 Mining Claims

2,300 Hectares

Cardiff Township, Ontario

Project Overview

The Waterslide Property is located approximately 20 kilometres southeast of Bancroft, Ontario within the Central Gneiss Belt of the Grenville Province. The Property comprises 100 contiguous mining claim cells totalling approximately 2,300 hectares (~20 km²) and is prospective for uranium, rare earth elements, thorium, and fluorite associated with alkaline and carbonatite intrusive systems.

Canamera has entered into an option agreement with Gallick Explorations to earn a 100% interest in the Property through staged payments, subject to approval by the Canadian Securities Exchange.

Why Waterslide?

The Bancroft region is one of Ontario’s most historically recognized uranium and rare earth districts. With seven documented mineral occurrences on or adjacent to the claim block — catalogued in Ontario’s Mineral Deposit Inventory — the Property offers multiple well-defined near-term exploration targets across uranium, uranium/thorium, and fluorite commodity types.

Renewed domestic demand for uranium as nuclear fuel and growing critical mineral supply chain pressure support the strategic rationale for this position.

Project Highlights

Size: 2,300 ha (~20 km²), 100 mining claim cells
Location: ~20 km SE of Bancroft, Ontario
Geological Setting: Central Gneiss Belt, Grenville Province
Commodities: Uranium · REE · Thorium · Fluorite
Deposit Type: Alkaline/carbonatite-associated mineralization
Mineral Occurrences: 7 documented on or adjacent to the Property
Ownership: Option to earn 100% interest

Mineral Occurrences (Ontario MDI)

Waterslide (MDI31E01SE00255) — Uranium
North Lake (MDI31E01SE00207) — Uranium/Thorium
Mina-Nova (MDI31E01SE00214) — Uranium/Thorium
Stratmat/Hogan/Denfield (MDI31E01SE00337) — Uranium
Ranrouyn (MDI31E01SE00265) — Uranium
Drouin/Opawica (MDI31E01SE00333) — Uranium
Enertex Fluorite (MDI31E01SE00081) — Fluorite

Option Agreement Terms: Canamera may earn a 100% interest by making four staged payments to Gallick Explorations — C$25,000 cash and C$25,000 in shares at each of: regulatory approval, first anniversary, second anniversary, and third anniversary (total: C$100,000 cash / C$100,000 shares). The Property will be subject to a 2% net smelter return royalty (NSR) in favour of Gallick, with Canamera retaining the right to buy back 50% of the NSR for C$1,000,000.