ENV 0.00% 1.1¢ enova mining limited

Ann: ACQUISITION OF POTENTIAL WORLD CLASS IONIC CLAY REE PROJECT, page-41

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    Thiswas acquisition announcement of VMM which run to $2.40 for around $100milmarket cap

    • 3m@ 2,003 ppm TREO from surface (22% MREO) ending in mineralisation (TN-AG-222)
    • 3m @ 1,997 ppm TREO from surface (22% MREO)ending in mineralisation (TN-AG-223)
    • 3m @1,785 ppm TREO from surface (34% MREO)ending in mineralisation (F4)
    • 3m @ 1,936 ppm TREO from surface (19% MREO)ending in mineralisation (TN-AG-145)
    • 3m @ 1,780 ppm TREO from surface (31% MREO)ending in mineralisation (F2)
    • 3m @ 1,950 ppm TREO from surface (19% MREO)ending in mineralisation (TN-AG-221)

    ENV result is much better

    andsize of VMM is only 5,616 hectares (56km2), while ENV is ~153 km2

    It ismuch better than VMM now

 
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