Enova Mining Discovers High-Grade Titanium and REEs at CODA North

About Enova Mining Limited

Enova Mining Limited (ASX: ENV) is an Australian exploration company focused on unlocking high-value mineral opportunities, particularly in rare earth elements (REEs) and associated critical metals. The company’s flagship CODA North Project, located in a resource-rich region, has recently gained attention for its significant titanium and REE potential. This discovery not only enhances Enova’s growth pipeline but also positions it as a key player in the global supply of critical minerals, which are essential for advanced technologies and renewable energy solutions.

A Game-Changing Discovery

Enova Mining’s CODA North Project has delivered a ground-breaking discovery, with multiple high-grade titanium dioxide (TiO₂) intercepts exceeding 15%, co-mineralised with rare earth elements (REEs). Results from 3,101 metres of drilling confirm the project’s dual-resource potential, enhancing its economic viability and positioning it as a strategic asset for long-term extraction. The continuity of multi-element mineralisation, including titanium, scandium, and niobium, solidifies CODA North’s status as a world-class resource zone.

CEO Eric Vesel has hailed this as a significant milestone, emphasising the project’s ability to produce high-value by-products alongside REEs. This multi-commodity approach diversifies revenue streams and reduces operational risks, aligning with global mining trends that favour projects delivering multiple critical minerals. The discovery highlights the exceptional work of Enova’s exploration team, unlocking a resource base with immense strategic and commercial potential.

Strategic Implications

The co-mineralisation of titanium and REEs at CODA North is a game-changer. Titanium, scandium, and niobium are critical minerals with applications in aerospace, renewable energy, and advanced manufacturing. Their presence alongside REEs creates a unique opportunity for co-extraction, streamlining production processes and lowering costs. This aligns with the global push for sustainable mining practices and efficient resource use.

Located within the mineral-rich Patos Formation, the project benefits from near-surface titanium mineralisation, which could reduce extraction costs and improve project economics. These findings position CODA North as a key contributor to the global supply chain for critical minerals, essential for the energy transition and technological advancements.

Future Outlook

Enova Mining is advancing the CODA North Project through further exploration and resource evaluation. Additional drilling will define the extent of the mineralisation and assess the feasibility of large-scale extraction. With strong exploration results and a clear strategic vision, Enova is poised to unlock the project’s full potential, delivering value to shareholders and supporting the global supply of critical minerals.

This discovery marks a pivotal moment for Enova, cementing its position as a key player in the critical minerals sector. As the company progresses with its growth initiatives, CODA North is set to become a cornerstone of its portfolio, driving long-term growth and sustainability.