Enova Mining Ltd (ASX: ENV) has provided an update on its exploration activities concerning the recently announced acquisition (subject to shareholder approval) covering a significant and highly prospective rare earth element and lithium package. The majority of the tenements are situated in the highly prolific Poços de Caldas Alkaline Intrusive Complex and the Lithium Valley.
With tenements secured in geologically prospective settings, and in proximity to other ASX explorers with established deposits of IAC REE and lithium minerals, Enova’s maiden drilling and sampling campaign work continues to confirm the IAC potential of Enova’s tenements. Sampling has been encouraging with abundant saprolite clay samples uncovered, a primary rock type for IAC enrichment.
Enova’s Poços REE project features tenements in the same geological context of the occurrences of REEs in the massif, with known occurrences of REE enriched IAC (IAC REE).
Enova has stated it is is extremely encouraged by the surface clay systems identified across all tenement areas during Phase 1 exploration. Maiden drilling is currently in progress in high priority areas using shallow auger drilling vertically into surface clay.
Phase 1 drilling locations are over a regular spaced grid (500m x 500m) which blankets the tenement. Establishing the geographical and stratigraphic extent of potential mineralization and geochemical characterization will provide guidance for a follow-up detailed drilling programme. Consistent intercepts of saprolite clay are indicative of a large-scale IAC REE system.
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