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eNova Mining Limited (ASX:ENV)

ALERT: Price-sensitive ASX Announcement for ENV
Current share price for ENV : $0.003 -0.004 (-57.14%)+
Announcement
Release
8 Dec 2025 8:29AM
Price at Release
$0.007
Full Release
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Summary
Enova Mining Limited has conducted successful auger drilling at the CODA East and Central tenements, confirming significant concentrations of titanium dioxide (TiOâ‚‚), rare earth elements (REE), and niobium oxide (Nbâ‚‚Oâ‚…). The drilling results highlighted exceptional near-surface intercepts, with titanium grades surpassing 20% and elevated TREO-NdPr ratios, indicating a robust multi-commodity critical minerals presence. The mineralisation remains open at depth and along strike, underscoring the potential for resource expansion. Enova plans to continue its metallurgical test work to optimise processing pathways and advance the transfer of CODA tenements to secure full control over the project.
Key Points
  • Enova Mining Limited completed auger drilling at CODA East and Central confirming widespread TiO2, REE, and Nb mineralisation.
  • Significant TiO2 grades exceeding 20% and elevated TREO-NdPr ratios were recorded in auger drilling results.
  • Nine auger holes were completed in CODA East and 17 in CODA Central, covering a total of 651 metres.
  • The mineralised zones remain open at depth and along strike, suggesting potential for further resource expansion.
  • Metallurgical test work is ongoing, focusing on optimising processing pathways for critical metals.
  • The CODA East project is a strategic asset in Enova's development pipeline, supporting the global energy transition.
  • Applications are underway to transfer CODA tenements to Enova from RBM Consultoria Minera Ltda.
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.