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Enova Mining Limited ( (AU:ENV) ) just unveiled an update.
Enova Mining Limited has announced significant findings from its East Salinas project in Minas Gerais, Brazil, revealing high-grade rare earth element targets with total rare earth oxide (TREO) grades reaching up to 1.87%. The discovery highlights the potential for substantial mineralization, particularly in the Naked Hill and Bald Hill areas, with notable concentrations of neodymium-praseodymium and heavy rare earth oxides. These findings position Enova strategically within Brazil’s critical minerals corridor, emphasizing the project’s scalability and the company’s focus on further exploration and metallurgical testing to enhance resource development.
More about Enova Mining Limited
Enova Mining Limited is a company operating in the mining industry, focusing on the exploration and development of critical metals essential for a sustainable future. The company is primarily involved in the discovery and extraction of rare earth elements, with a market focus on high-grade mineralization and strategic development opportunities.
Technical Sentiment Signal: Sell
Current Market Cap: A$10.6M
See more data about ENV stock on TipRanks’ Stock Analysis page.