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eNova Mining Limited (ASX:ENV)

ALERT: Price-sensitive ASX Announcement for ENV
Current share price for ENV : $0.003 -0.003 (-50%)+
Announcement
Release
8 Sep 2025 9:04AM
Price at Release
$0.006
Full Release
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Summary
Enova Mining Limited has reported significant findings from their recent auger drilling at the CODA Central Project in Minas Gerais, Brazil. The drilling results confirm widespread, near-surface mineralisation of high-grade titanium oxide (TiOâ‚‚), rare earth elements (REE), and niobium oxide (Nbâ‚‚Oâ‚…) across a 12 square kilometer area. The assay results from newly drilled holes indicate a strong potential for multi-element mineralisation within saprolitised kamafugite of the Patos Formation. Notable findings include titanium oxide grades exceeding 20% and consistently high Total Rare Earth Oxide (TREO) and Neodymium-Praseodymium (NdPr) ratios. The project continues to show promise as a globally significant discovery with potential for future expansion and development.
Key Points
  • Auger drilling confirms widespread, near-surface titanium, REE, and niobium mineralisation.
  • Standout intercepts include 25m @ 14.54% TiO2 from 1m in hole CDC-AD-006.
  • High-grade TREO and NdPr ratios are noted in several drill holes.
  • Niobium oxide results include 24m @ 916ppm Nb2O5 from surface in hole CDC-AD-006.
  • The saprolitised kamafugite host is conducive to resource recovery and beneficiation.
  • Mineralisation remains open at depth and along strike, indicating further potential.
  • Enova aims to refine resource delineation with further infill and step-out drilling.
  • The CODA Project is strategically positioned as a critical mineral asset in the global market.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.