Distinctive Clay Hosted Uncommon Earth Grades Intersected at Poços

Enova Mining Ltd (ASX: ENV) is happy to announce excessive grade REE assay outcomes from sampling at Poços¹

KEY HIGHLIGHTS

• Enova confirms important assay outcomes for a non-invasive shallow subsurface auger sampling programme at Poços; highlights of those are outcomes better than 2,000 ppm TREO² are as follows:
  • A1-TR001-001 together with 3m @2,744
  • A1-TR003-001 together with 3m @3,030
  • A1-TR006-001 together with 3m @3,508
  • A1-TR008-001 together with 2m @2,113
  • A1-TR009-001 together with 3m @3,964
  • A1-TR010-001 together with 3m @2,524
  • A2-TR001-001 together with 1m @2,786
  • A2-TR002-001 together with 2m @2,043
  • A2-TR006-001 together with 2m @2,099
  • A3-TR002-001 together with 3m @2,306
  • A3-TR005-001 together with 2m @2,145
  • A4-TR001-001 together with 2m @2,488
  • A4-TR001-001 together with 3m @4,950
• Peak uncommon earth ingredient (REE) assays had been 5,158 ppm TREO or 0.52% TREO, 5,042 ppm TREO or 0.50% TREO, 4,650 ppm TREO or 0.47% TREO, offering steering for a high-grade exploration goal at Poços,
• REE enriched tenements at Poços verify the areas’ potential for a prospect scale excessive grade REE deposit,
• Shallow floor and subsurface sampling confirmed floor saprolite clay methods w
• throughout all Poços tenements, with potential deeper mineralisation upside.
• The venture is situated close by to townships, well-developed highways, infrastructure, water entry, hydroelectric energy and nicely linked to a business port.

ANNOUNCEMENT

Enova Mining Ltd (ASX: ENV) (“Enova” or the “Firm”) is happy to announce assay outcomes from non-invasive shallow floor and subsurface auger sampling at Poços tenements 832.174/2023, 832.175/2023, 832.177/2023, 832.179/2023 and 830.652/2020. The places of the auger sampling and important assay intercepts are offered in Determine 2. In accordance with ASX reporting of mineral outcomes, particulars of the sampling, assay outcomes and different technical particulars are contained in JORC Desk 1 and Important Outcomes and Auger Sampling Information for Poços Undertaking in Desk 2 in Appendix A.

The Poços alkaline complicated massif area (Poços) hosts world-class uncommon earth ingredient (REE) mineral discoveries. Enova goals to copy the success of friends within the area. Confer with Determine 1 (beneath) for a location plan of Enova’s tenements and surrounding tenements of IAC REE significance.

Determine 1: Regional location of Poços tenements

Enova is assessing outcomes from the present exploration program and the potential for future air-core drilling program. Concerning tenements overlain by the Pedra Branca APA space and buffer zone, recognized throughout Due Diligence, additional clarification is being sought relating to necessities for extra impactful exploration sooner or later, comparable to air-core/reverse circulation drilling and future improvement.

Mr. Eric Vesel Managing Director of Enova, commented:

“The assay outcomes from the Poços sampling programme verify the prospectivity of the tenements, which isn’t shocking for tenements throughout the alkaline complicated. The most important tenement, situated close to the southern rim of the complicated, was encouraging however with blended outcomes (Above and beneath 1000ppm TREO). General, the Poços outcomes have returned distinctive near- floor grades which has important unexplored deeper saprolite strata worthy of comply with up exploration. This Section 1 exploration work was a part of our preliminary reconnaissance to research our portfolio of potential REE tenements.

Our crew is at the moment targeted on the CODA maiden drill programme; we recognise the significance of assessing all our different initiatives. Now we have organized a consulting exploration crew to discover our Juquiá tenements, a possible carbonatite prospect. There may be additionally REE potential inside our Santo Antonio (do Jacinto) tenements primarily based on a robust thorium anomaly3, as shared by SI6’s Pimenta Undertaking.

Enova is now within the envious place of holding two main potential IAC REE venture areas: POÇOS and CODA with additional areas at the moment underneath investigation. It’s exceptional that in such a brief time period, Enova has acquired and introduced from idea to exploration stage, two main initiatives with important upside and worthy of improvement.”