Enova Mining Limited (ASX:ENV)

Eric Vesel
Market Cap (AUD): 6.61M
Sector: Materials
Last Trade (AUD): 0.018 +0 (+0%)
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1. About

Enova Mining Limited (ASX:ENV) is working to re-establish a resource statement and scoping study for its 100% owned Charley Creek Project.

The Charley Creek rare earth project is located 110 km W-NW of Alice Springs in the central Northern Territory, Australia. The project is positioned to be a low environmental impact mine with ideal conditions for low-cost mining, in low laying topography with dry free-dig material. 

Following a comprehensive drilling programme at Cattle Creek in 2019, over an area of 10 sq.km, metallurgical laboratory test-work is investigating the recovery of rare earth and scandium metals. 

The target final products are high purity rare earth and scandium oxide/hydroxide/carbonates, suitable for export to high-purity product refiners, with potential industrial mineral by-products.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk