Enova Mining has reported significant near-surface titanium, rare earth, and niobium mineralisation at its CODA projects in Brazil, alongside ongoing diamond drilling at East Salinas targeting high-grade rare earth zones.
- Auger drilling confirms extensive high-grade titanium and rare earth mineralisation at CODA East and Central
- Diamond drilling underway at East Salinas with initial assays expected soon
- Metallurgical testing progressing to develop processing pathways for critical minerals
- Site infrastructure established and sacred site clearance obtained for Charley Creek
- Limited cash reserves with plans for future equity raising to fund exploration
Exploration Momentum Builds at CODA Projects
Enova Mining Ltd (ASX – ENV) has delivered a robust update on its Brazilian exploration portfolio for the quarter ending 31 December 2025, highlighting strong assay results from auger drilling at its CODA East and CODA Central projects in Minas Gerais. The company’s drilling program has delineated widespread, near-surface mineralisation of titanium oxide (TiO₂), rare earth elements (REEs), and niobium, confirming the presence of a broad multi-element mineralised system.
Notably, titanium intercepts reached up to 21.8% TiO₂ in individual samples, while rare earth oxides (TREO) peaked at 7,153 ppm with encouraging neodymium-praseodymium (NdPr) ratios exceeding 22%. Niobium grades also showed promise, with values up to 1,418 ppm Nb₂O₅. These results underscore the geological continuity and scale of the saprolitised kamafugite horizon that Enova is targeting.
Diamond Drilling Advances at East Salinas
Parallel to CODA, Enova has progressed its maiden diamond drilling campaign at the East Salinas project, situated within the Lithium Valley mineralised district. The program, designed to test high-grade REE targets along a 4-kilometre strike, has completed over 65% of its initial phase, with nine holes drilled to date. Previous surface sampling at East Salinas returned rock chip assays up to 2.17% TREO and NdPr oxide grades as high as 7,209 ppm, setting high expectations for the core assay results due in early February 2026.
Geological interpretations suggest that the Bald Hill, Naked Hill, and Hairy Hill prospects may be interconnected, potentially representing the upper portions of a larger mineralised intrusive body. This emerging model enhances the project’s exploration potential and could pave the way for a maiden resource estimate.
Metallurgical Testing and Processing Pathways
Enova is concurrently advancing metallurgical test work on CODA samples, with programs underway in Brisbane and Malaysia. These studies include magnetic separation, particle-size analysis, and early-stage leaching and roasting tests. A substantial composite sample has been sent to Core Resources for comprehensive flowsheet development, aiming to establish viable processing routes for REEs, titanium, scandium, gallium, and niobium. The outcomes will be critical in guiding future project development and feasibility assessments.
Operational and Corporate Progress
The company has established a fully serviced exploration camp and core storage facilities at East Salinas, ensuring operational readiness and compliance with safety standards. Additionally, Enova secured a Sacred Site Clearance Certificate for its Charley Creek project in Australia, allowing exploration activities to proceed with respect for Indigenous cultural heritage.
Financially, Enova reported net cash outflows from operations and holds limited cash reserves at quarter-end. The company anticipates raising further equity capital to sustain its exploration programs and advance its portfolio.
Strategic Outlook
Enova’s expanding footprint across Brazil’s critical minerals landscape positions it well to contribute to the global supply of rare earth elements and titanium, essential for clean energy technologies and advanced manufacturing. The company’s systematic exploration approach, combined with ongoing metallurgical work and infrastructure development, lays a solid foundation for future resource definition and project advancement.
Bottom Line?
As assay results and metallurgical data unfold, Enova’s Brazilian projects could soon shift from exploration promise to tangible resource potential.
Questions in the middle?
- Will the upcoming East Salinas assay results confirm the high-grade rare earth mineralisation suggested by surface samples?
- How will metallurgical test outcomes influence the economic viability and processing strategy for CODA’s multi-element deposits?
- What are the timelines and prospects for regulatory approvals related to the transfer of CODA tenements and further drilling permits?