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eNova Mining Limited (ASX:ENV)

ALERT: Price-sensitive ASX Announcement for ENV
Current share price for ENV : $0.004 -0.003 (-41.67%)+
Announcement
Release
22 Jan 2026 9:32AM
Price at Release
$0.006
Full Release
download
Summary
Enova Mining Limited has advanced its diamond drilling program at the East Salinas Project in Brazil, completing over 65% of the first phase. The project targets high-grade rare earth element (REE) prospects at Naked Hill, Bald Hill, and Hairy Hill, identified through surface exploration and geochemical surveys. Initial results are expected by February 2026, with drilling designed to confirm mineralisation continuity and grade variations. The project is part of the Lithium Valley mineralised district, offering significant infrastructure access, and aims to position Enova as a key player in the REE market. The project emphasizes cost-effective exploration and the potential for valuable by-products, supported by strong Brazilian geological expertise.
Key Points
  • Diamond drilling 65% completed at East Salinas Project.
  • Targets high-grade REE prospects at Naked Hill, Bald Hill, and Hairy Hill.
  • Initial results expected February 2026.
  • Part of Lithium Valley mineralised district with infrastructure access.
  • Project aims to confirm mineralisation continuity and assess grade variations.
  • Potential to position Enova as a key REE player.
  • Cost-effective exploration with Brazilian geological expertise.
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.