Ann: CODA North drilling results reinforce project potential, page-26

Excellent update ..... Plenty more to come ..... Patience folks

ENV's drilling results at CODA North demonstrate significant potential for a large-scale rare earth element resource, with particularly high concentrations of NdPr. The grades and intercept lengths are encouraging, and the project stands to benefit from rising REE demand in the global market.

Most holes show NdPr concentrations above 20%, with some intercepts reaching up to 23%, which is significant for the profitability of the resource.

Hole CDN-RC-0007 returned a high-grade intercept of 19 meters at 4,101 ppm TREO with 22.8% NdPr, demonstrating the potential for producing high-value REEs.

• The mineralization is distributed broadly across the Patos formation, which suggests that the project will be scaleable.
• Additional drill holes have been completed, but the assay results are still pending. These will reveal even more resource potential and expand the project's upside.
• The high TREO grades are encouraging, especially as they span multiple drill holes. This indicates that the mineralisation is not isolated to one part of the tenement but appears to be more widespread, which will lead to a larger overall resource.
• The pending assay results will provide a clearer picture of the resource’s size and potential. Once confirmed similar grades, this will lead to a significant revaluation of the project and increased investor/instos interest.
• The preliminary results suggest that the project has strong potential for both scalability and profitability. The high-grade TREO intercepts combined with the extensive area covered by drilling enhance the growth potential. Investors/Instos will keep an eye on upcoming assay results, as they will further increase the resource estimate and boost the project's overall valuation.