ENV enova mining limited

Some interpretation of the results from EVM(first set) and PTR...

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    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

    FactorTiO₂ Results (First Set)HM Results (Second Set)
    Grade Range10.1%–16.4% TiO₂7.1%–26.3% HM
    Intercept Thickness16.4m–67.0m16m–28m
    Depth of MineralizationFrom surface (0m) to ~40mFrom 2m–29m
    Highest Grades16.4% TiO₂ over 6m26.3% HM over 8m
    Mining PotentialHigh-grade TiO₂ with thick interceptsHigh-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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