Enova Mining's high-grade drilling assays at Coda North project

Enova Mining Ltd (ASX:ENV) has reported high-grade drilling assays from the initial batch of four drill holes for the Coda North project. The company has completed 19 diamond (DD) holes and 27 reverse circulation (RC) holes, with over 1,500 samples being analyzed at SGS Geosol laboratory for assay. The assays have revealed significant rare earth element (REE) mineralised zones and potential economic grade TiO2 mineralisation within the tenement area.

Executive Commentary on Coda North Project

Enova CEO Eric Vesel expressed optimism about the results, highlighting the extensive footprint of mineralisation at CODA and the consistent extension through potential high-grade REE zones. He emphasized the importance of metallurgical testing and the value derived from the product mix, indicating the project's inherent value. Vesel also mentioned pending assay results and the company's commitment to maximizing shareholder value.

Summary of Enova Mining's Coda North Announcement

Enova Mining's drilling campaign at Coda North has confirmed the presence of significant REE mineralised zones and potential economic grade TiO2 mineralisation. The company's exploration strategy has been supported by the successful drilling, highlighting the value of the tenements and the future REE resource expansion. The CEO's optimism about the results and the pending assay results indicate a positive outlook for Enova Mining's Coda North project. The company aims to maximize the value of CODA North, paving the way for resource expansion and long-term economic extraction opportunities.