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An announcement from Coda Minerals Ltd ( (AU:COD) ) is now available.
Coda Minerals Ltd has announced significant advancements in its metallurgical testwork at the Elizabeth Creek Copper-Cobalt Project, achieving improved copper and silver recoveries through whole-ore leach techniques. These methods, which include catalysed ammonia leach and ammonium chloride leach, have demonstrated copper recoveries of up to 95.9%, potentially reducing capital expenditure and simplifying the processing flowsheet. This breakthrough is expected to enhance the project’s economic viability and position Coda more competitively in the global copper market. The company is progressing with a Pre-Feasibility Study and aims to update its economic assessments to further develop the project towards a construction-ready state.
More about Coda Minerals Ltd
Coda Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources, particularly copper and cobalt. The company is engaged in projects like the Elizabeth Creek Copper-Cobalt Project in South Australia, aiming to enhance resource recovery and reduce operational costs.
Average Trading Volume: 256,867
Technical Sentiment Signal: Sell
Current Market Cap: A$18.97M
Learn more about COD stock on TipRanks’ Stock Analysis page.