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0.7¢ enova mining limited

From the recent SI6 presentation - seems like they see being on...

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Glitterati

10,419 Posts.

2826

01/04/24

17:08

Post #: 73136498
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Originally posted by Glitterati: ↑

The company has advised that we should get the results from auger drilling by mid-April, so within the next 2 weeks.

A couple of observations I've made - SI6 announced during the week that they will be commencing their auger drilling campaign on their tenement which is at the edge of the POCOS alkaline despite the fact that they have ground within the intrusion. Interestingly, our POCOS ground is also on the edge of the alkaline intrusion and can't be too far away from SI6.

The other thing to bear in mind is that MEI started its meteoric climb from 2c to 22c based on it's initial auger drilling results drilling to 20M

Now they are absolutely sensational results and our results may or may not measure up, but IF they are anything like these, things COULD get interesting in a very short space of time.

Please DYOR and GLTAH.....

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From the recent SI6 presentation - seems like they see being on the edge of the alkaline intrusive as a real advantage as per the last point here.
It's about targeting REE mineralisation at the structural contact of the intrusive which could channel REE-rich fluids

ENV Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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