Enova Mining Limited (AU:ENV) has released an update.
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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