CODA Central Project Delivers Strong Initial Auger Results
Enova Mining Limited, also known as ENV on the Australian Stock Exchange, has reported significant assay results from its auger drilling program at the CODA Central Project in Minas Gerais, Brazil. All five holes returned high-grade titanium, rare earth elements (REE), and niobium intercepts from near-surface depths.
Figure 1: Enova Mining Limited (ASX:ENV)
High-Grade Titanium Oxide Confirmed in All Initial Holes
Drilling across five auger holes revealed broad zones of high-grade titanium oxide (TiO₂) mineralisation. Results included 25 metres at 12.0% TiO₂ from surface in hole CDC-AD-001. That intercept featured 18 metres at 13.89% TiO₂ from 7 metres and 3 metres at 16.7% TiO₂ from 18 metres.
After core drilling was completed, formal assays have now been received on CDC-AD-002, and CDC-AD-004. The downhole holes CDC-AD-002 intersected a downhole interval of 20 metres grading 11.2% TiO 2, including an interval of 17 metres grading 11.60% TiO 2 at one metre below surface. CDC-AD-004 recorded a 23-metre interval of 10.9 per cent TiO 2 which included an 11-metre component of 13.99 per cent and a lower 6-metre run of 14.9 per cent.
All five holes confirmed the presence of mineralised saprolite hosted within weathered kamafugite from the Patos Formation. Assays were analysed by SGS Laboratories and returned consistent mineralisation from shallow depths.
Figure 2: COGA Central Auger drilling location
Strong REE and NdPr Ratios Enhance Project’s Value
Assays showed significant rare earth oxide (TREO) concentrations and high neodymium-praseodymium (NdPr) ratios. Highlights included 17 metres at 3,525ppm TREO and 22.8% NdPr from 8 metres in CDC-AD-001.
CDC-AD-005 reported 15 metres at 4,041ppm TREO and 22.5% NdPr from surface. CDC-AD-002 recorded 14 metres at 2,985ppm TREO and 22.5% NdPr from 6 metres. These ratios support the critical mineral potential of the project.
Anomalous Niobium Oxide Found Across Multiple Holes
In addition to titanium and REE, the auger drilling confirmed notable niobium oxide (Nb₂O₅) results. CDC-AD-001 intersected 19 metres at 848ppm Nb₂O₅ from 6 metres. CDC-AD-002 returned 20 metres at 672ppm Nb₂O₅ from surface.
All mineralisation zones remain open at depth and along strike, indicating further exploration potential. Auger drilling achieved 80% sample recovery across the program.
Metallurgical Testing Underway Across Brazil and Australia
Enova Mining (ASX:ENV) has commenced metallurgical test work on a 270kg composite sample from CODA Central. Mineral Technologies in Brisbane is leading beneficiation studies, aiming to optimise processing techniques for titanium and REE recovery.
Magnetic separation and mineral characterisation trials are also underway at CIT Senai in Belo Horizonte. Enova’s facility in Malaysia is conducting leaching trials to support extraction process optimisation.
Drilling Scope Expanded to Support Resource Delineation
To date, Enova Mining Limited has drilled 15 holes at CODA Central for a total of 466 metres. This includes nine auger holes totalling 169 metres and six reverse circulation (RC) holes reaching 297 metres. Resource delineation drilling is ongoing to define grade continuity and extent.
CEO and Executive Director Eric Vesel stated: “Exceptional near-surface intercepts from our auger drilling at CODA Central, including titanium grades exceeding 16% TiO₂ and consistently high TREO-NdPr ratios, highlights the project’s immense scale and critical mineral potential.”
CODA Central Tenements Secure and Advancing
The CODA tenements are currently registered to RBM Consultoria Minera Ltda. Enova Mining is progressing transfer applications with Brazil’s National Mining Agency (ANM). The tenement package spans over 15,321 hectares across eight licences.
CODA Central alone covers nearly 2,000 hectares, with exploration licences already granted and extended. The Patos Formation remains the primary geological target, known for its thick, saprolitised kamafugite sequences and horizontal mineralised beds.
Brazil Offers Stable Operating Environment for Exploration
Brazil remains as a low-risk jurisdiction with a good investment climate to the mining industry. High level mining industry proficiency of governmental regulation and availability of infrastructurally supportive environment are some of the core ingredients that has defined the overall broad-based long term expansion policy of Enova.
The state of Minas Gerais where CODA Central is located is also one of the main resource producers of Brazil. Enova will utilize this opportunity to ensure the scalable development of its projects, hence the provision of essential metals that cannot be ignored by the global clean-energy goals.
Broader Exploration Continues Across Multiple Assets
Enova Mining Limited (ASX:ENV) is also advancing exploration at East Salinas, where high-grade REE rock chips have been identified. Petrographic analysis is underway at the University of São Paulo. Sighter metallurgical test work is being conducted at CIT Senai.
Meanwhile, the Charley Creek Project’s process optimisation is complete. Enova and IHC Brisbane are assessing next steps. Field exploration at other sites will proceed following permit approvals.
Outlook Focused on Strategic Expansion and Development
Enova Mining remains focused on defining the scale of mineralisation at CODA Central and other strategic assets. Further news will include assay results of the remaining auger holes, and progress of the resource modelling and metallurgical workstreams.
At the same time, the Company is in the process of weighing potential projects and developing its current tenements in order to meet the global demand for sustainable, critical minerals.
