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Coda Minerals Ltd ( (AU:COD) ) just unveiled an update.
Coda Minerals Ltd has reported significant advancements in their Elizabeth Creek Project, with breakthrough metallurgical results from whole-ore leach testwork showing copper recoveries of over 92% and silver recoveries up to 97%. These results suggest a potential for a simplified, lower-cost processing method, enhancing the project’s economic viability. The company has also submitted a Draft Scoping Report to the South Australian Government, marking a crucial step in securing a Mining Lease and establishing a clear environmental approvals pathway. These developments position Coda to potentially capture significant value as the project progresses through study phases.
More about Coda Minerals Ltd
Coda Minerals Ltd is a company operating in the mining industry, focusing primarily on the exploration and development of copper and cobalt projects. Their key project is the Elizabeth Creek Project located in South Australia, which is advancing towards a Pre-Feasibility Study.
Average Trading Volume: 235,921
Technical Sentiment Signal: Sell
Current Market Cap: A$20.71M
See more insights into COD stock on TipRanks’ Stock Analysis page.