Enova Mining Limited Announces Strong Initial Results from Auger Drilling Program at CODA Central Project in Brazil

Enova Mining Limited, an Australian-based mining company, has announced strong initial results from its auger drilling program at the CODA Central Project in Minas Gerais, Brazil. The drilling confirmed broad zones of near-surface titanium, rare earth element (REE), and niobium mineralisation hosted in saprolitised kamafugite, a weathered ultramafic rock within the Patos Formation. These results validate the project's scale and multi-element potential, with CEO Eric Vesel commenting that the combination of high-grade titanium, rare earth, and anomalous niobium mineralisation positions CODA Central as a compelling, multi-commodity discovery.

Key Takeaways:

• Enova Mining Limited has confirmed broad zones of near-surface titanium, rare earth element (REE), and niobium mineralisation at the CODA Central Project in Brazil through its auger drilling program.
• The drilling program was successful in identifying high-grade titanium oxide (TiO2), total rare earth oxides (TREO), and anomalous niobium oxide (Nb2O5) mineralisation within the saprolitised kamafugite in the Patos Formation.
• The presence of high-grade titanium grades exceeding 16% TiO2 and consistently high TREONdPr ratios positions CODA Central as a compelling, multi-commodity discovery.
• The mineralised saprolite exhibits a reddish-brown, clay-rich texture and layering, conducive to auger recovery and beneficiation.
• The mineralisation remains open at depth, suggesting potential for further extensions.
• Enova's research facility in Malaysia is concurrently progressing leaching trials to investigate the extraction potential for REEs and other critical minerals from composite samples.
• A total of 15 holes has been completed at CODA Central, comprising both auger and reverse circulation (RC) drilling methods.

Statistics:

• 9 auger holes were completed for a total of 169 metres, covering approximately 12km2 of ferruginous red saprolite.
• 107 samples, including QA/QC samples, were analyzed by SGS Laboratories for titanium, rare earth, and niobium mineralisation.
• The auger drilling program achieved a recovery rate of approximately 80%.
• Titanium oxide (TiO2) grades exceeding 12.0% were intercepted in multiple auger holes.
• Total rare earth oxides (TREO) grades up to 4,041ppm were identified in auger holes CDC-AD-005.

Sources:

• Enova Mining Limited (ASX: ENV) News Release (no date provided)
• SGS Laboratories (no date provided)
• CIT Senai (no date provided)
• Mineral Technologies (no date provided)
• Enova Mining Limited (ASX: ENV) (Figure 1, Figure 2, and Figure 3)