Enova Mining Limited (AU:ENV) has released an update.
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Enova Mining Ltd has reported significant progress in drilling operations at their CODA North project, with 14 diamond and 21 reverse circulation drill holes completed, uncovering potential high-grade rare earth element (REE) mineralisation. With over 1,500 samples awaiting assay results, the company is moving towards detailed resource estimation and a scoping study for the REE-rich kamafugite host rock, signaling a potential boost for global REE supply and Enova’s market position.
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