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The latest update is out from Coda Minerals Ltd ( (AU:COD) ).
Coda Minerals Ltd has achieved a significant milestone by updating its Scoping Study for the Elizabeth Creek Copper-Cobalt Project, increasing the estimated project value to approximately $1.2 billion. This enhancement is attributed to improved metallurgical performance and favorable market conditions. The company has raised $5.1 million through capital raising efforts, positioning it to advance its exploration programs, including commencing diamond drilling at the Emmie East prospect. This strategic focus on exploration aims to reshape and grow the Elizabeth Creek Project, offering potential benefits to stakeholders.
More about Coda Minerals Ltd
Coda Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of copper, cobalt, and silver projects. The company’s primary project is the Elizabeth Creek Copper-Cobalt Project situated in South Australia, where it aims to expand its resource base through strategic exploration efforts.
YTD Price Performance: -1.11%
Average Trading Volume: 299,204
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$21.9M
For a thorough assessment of COD stock, go to TipRanks’ Stock Analysis page.
