Coda Minerals Ltd (AU:COD) has released an update.
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Coda Minerals Ltd has announced a substantial boost in the financial prospects of its Elizabeth Creek Copper-Cobalt-Silver Project, with a projected pre-tax NPV of $1.18 billion and a 35% IRR. This improvement is attributed to enhanced copper and silver recoveries and the integration of a new open-pit deposit, promising significant returns over the mine’s lifespan. The project, located in a prime Australian mining region, is set to advance in phases, starting with copper-cobalt concentrate production to drive early cash flow.
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