Enova Mining Limited (AU:ENV) has released an update.
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Enova Mining Limited has reported remarkable assay results from their shallow subsurface auger sampling program at Poços, revealing high-grade rare earth element (REE) concentrations, with some results exceeding 2,000 ppm TREO. The findings underscore Poços’ potential as a significant high-grade REE deposit, bolstered by its advantageous location near existing infrastructure and commercial ports. These results could indicate the presence of a world-class REE mineral deposit, positioning Enova to follow in the footsteps of successful peers in the region.
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