InvestSMART

eNova Mining Limited (ASX:ENV)

ALERT: Price-sensitive ASX Announcement for ENV
Current share price for ENV : $0.003 -0.001 (-16.67%)+
Announcement
Release
25 Aug 2026 8:03AM
Price at Release
$0.003
Full Release
download
Summary
Enova Mining Limited announced the results of metallurgical test work conducted on saprolite samples from the Poços de Caldas Project in Brazil. The initial tests returned neodymium-praseodymium (NdPr) recoveries ranging from 66% to 79%, averaging 71%, and total rare earth oxide (TREO) recoveries averaging approximately 55%. The leach testing, performed by SGS Geosol Laboratory, utilized a standard ionic adsorption clay (IAC) leach protocol, supporting the potential of the Poços de Caldas project as a significant IAC rare earth system. Further drilling and metallurgical work are planned to explore the depth and continuity of the saprolite-hosted mineralisation.
Key Points
  • Initial NdPr recoveries from 66% to 79%, averaging 71%
  • Total rare earth oxide recoveries averaging approximately 55%
  • Leach testing conducted by SGS Geosol Laboratory
  • Utilized standard ionic adsorption clay leach protocol
  • Further drilling planned to assess depth and continuity
  • Potential for a significant ionic adsorption clay rare earth system
  • Exploration currently prioritised at Naked Hill Project
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.