ENV enova mining limited

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Ann: NEW HIGH GRADE TITANIUM MINERALISATION at CODA NORTH, page-46

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GKeden

7,439 Posts.

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18/02/25

15:20

Post #: 77910305

Originally posted by jigish1922: ↑

Some interpretation of the results from EVM(first set) and PTR (second set). Note that i am not a geologist but i found this somewhere and thought it was interesting :

Key Differences
Factor TiO₂ Results (First Set) HM Results (Second Set)
Grade Range 10.1%–16.4% TiO₂ 7.1%–26.3% HM
Intercept Thickness 16.4m–67.0m 16m–28m
Depth of Mineralization From surface (0m) to ~40m From 2m–29m
Highest Grades 16.4% TiO₂ over 6m 26.3% HM over 8m
Mining Potential High-grade TiO₂ with thick intercepts High-grade HM, but needs confirmation of TiO₂ content
Interpretation of the Results
1. TiO₂ Results (First Set)
Higher TiO₂ concentration (10.1%–16.4%) directly indicates titanium-rich mineralization.
The thicker intercepts (up to 67m) suggest a large deposit.
Near-surface mineralization favors open-pit mining, reducing costs.
Likely source minerals: ilmenite and rutile (used in pigment, aerospace, and industrial applications).
2. HM Results (Second Set)
HM% measures the total heavy minerals, but not all heavy minerals are titanium-based (e.g., zircon, garnet, and magnetite may be present).
HM grades are higher (up to 26.3%) but may not fully represent TiO₂ content.
Smaller intercepts compared to the TiO₂ results, but still significant.
The high-grade zones (e.g., 8m @ 26.3% HM) suggest localized enrichment of valuable minerals.
Further mineralogical analysis is needed to confirm the TiO₂ content within the HM fraction.
Which One Is More Economically Attractive?
✅ TiO₂ Results (First Set)
More reliable indicator of titanium content.
High-grade and thick intercepts suggest economic viability.
Better understood extraction process (ilmenite/rutile beneficiation).
⚠️ HM Results (Second Set)
Potentially high-value, but TiO₂ content is unknown within the HM fraction.
Requires mineralogical studies to determine if the heavy minerals are commercially viable.
Higher grades in small intervals could mean selective mining is required.

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Hello. Your ENV comparison post is irrelevant. Have you ever considered to read the announcement/s that made the PTR share price explode? What made PTR the winner is the following. Do you understand its comparative relevance to ENV?

Last edited by GKeden: 18/02/25

ENV Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held

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0 Great analysis

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Ann: NEW HIGH GRADE TITANIUM MINERALISATION at CODA NORTH, page-46

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Factor	TiO₂ Results (First Set)	HM Results (Second Set)
Grade Range	10.1%–16.4% TiO₂	7.1%–26.3% HM
Intercept Thickness	16.4m–67.0m	16m–28m
Depth of Mineralization	From surface (0m) to ~40m	From 2m–29m
Highest Grades	16.4% TiO₂ over 6m	26.3% HM over 8m
Mining Potential	High-grade TiO₂ with thick intercepts	High-grade HM, but needs confirmation of TiO₂ content

Ann: NEW HIGH GRADE TITANIUM MINERALISATION at CODA NORTH, page-46

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