Enova Mining (ASX:ENV) has announced encouraging drill results from its CODA North project. The company completed Phase 1 drilling, revealing significant high-grade Total Rare Earth Oxide (TREO) intercepts. Notable findings include a 74.1-meter intercept grading 1,850 ppm TREO and a high-grade zone of 12 meters at 4,070 ppm TREO, underscoring the project's potential.
Enova Mining (ASX:ENV) has successfully completed Phase 1 drilling at the CODA North project, highlighting its potential as a leading rare earth elements (REE) asset. With significant intercepts of up to 8,336 ppm TREO, the project shows extensive resource potential. Enova is advancing with metallurgical testing and ongoing assays to further define and enhance the resource model. The company's strategic focus includes exploring new targets, improving resource classifications, and securing ownership of CODA tenements. Enova positions itself as a key player in the REE sector, driven by its strong leadership and commitment to sustainable development.
The significance of these drilling results in expanding high-grade REE potential and refining the resource model is clear. Our focus is now on metallurgical testing to confirm recovery and processing parameters.