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An announcement from Coda Minerals Ltd ( (AU:COD) ) is now available.
Coda Minerals Ltd has made significant progress in its ongoing drilling program at the Elizabeth Creek Copper-Silver Project, with a three-rig, 6,000–7,000m diamond drill program underway. The drilling has confirmed the geological interpretation and resource continuity at the Emmie Bluff deposit, providing critical data for the Pre-Feasibility Study (PFS). The program aims to optimize project economics and support future development, with recent studies indicating a potential pre-tax NPV of $1.3 billion. The current work is expected to generate substantial news flow, including updates on mineral resources, exploration targets, and project economics, advancing Elizabeth Creek toward development readiness.
More about Coda Minerals Ltd
Coda Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of copper and silver resources. The company’s primary project is the Elizabeth Creek Copper-Silver Project located in South Australia, which is 100% owned by Coda.
Average Trading Volume: 759,074
Technical Sentiment Signal: Buy
Current Market Cap: A$43.42M
Find detailed analytics on COD stock on TipRanks’ Stock Analysis page.