Enova Mining Ltd (ASX: $ENV) Completion of Phase 1 Exploration & Drilling at Pocos

Enova Mining Ltd (ASX: $ENV) has successfully completed Phase 1 exploration and drilling programme across the Poços tenements. The exploration identified surface clay systems on all tenements, including the largest covering an area of 1,259 Ha. The drilling, surface sampling, and mapping campaigns have unveiled an extensive surface clay system and potential rare earth element (REE) deposit.

Executive Commentary on Phase 1 Exploration and Drilling

With tenements secured in geologically prospective settings, and in proximity to other major ASX explorers with established deposits of IAC REE, Enova's maiden drilling and sampling campaign work continues to confirm the REE potential of Enova's tenements. Drilling has covered significant saprolite clay intersections, which is the primary host rock type for IAC REE mineralization. The rapid pace of exploration and professional expertise of the local Brazilian team confirm Enova's confidence that the Minas Gerais region has established an experienced exploration team to undertake the future exploration program.

Summary of Phase 1 Exploration and Outlook

Enova Mining Ltd (ASX: $ENV) has completed Phase 1 exploration and shallow auger drilling campaign in the Pocos tenements, revealing an extensive surface clay system and potential rare earth element (REE) deposit. The upcoming Phase 2 exploration program aims to focus on resource definition drilling to delineate and define the extent, grade, and geometry of mineral resources identified during Phase 1 exploration. Enova also remains committed to the development of the Charley Creek rare earth project and will continue to review projects and business opportunities as they arise. The market will be kept appraised of developments as required under ASX Listing Rules and in accord with continuous disclosure requirements.