Enova Mining (ASX:ENV) said surface sampling across the East Salinas Medina granitic complex in Brazil confirmed multiple high-grade rare earth element exploration targets, according to a Wednesday Australian bourse filing.
Rock-chip assays returned highly anomalous total rare earth oxide with grades of up to 1.87%, with elevated levels of neodymium-praseodymium oxide, terbium, dysprosium, and ytterbium.
The firm will focus on refining targets through detailed mapping, geochemical analysis, and geophysical surveys to define mineralized zones and prioritize drill-ready targets. It is also conducting a mineralogical and beneficiation study at CIT Senai.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.