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Coda Minerals Ltd ( (AU:COD) ) has issued an announcement.
Coda Minerals has recommenced its three-rig, 6,000–7,000m diamond drilling campaign at the Emmie Bluff deposit within the Elizabeth Creek Copper-Silver Project after a holiday break, with about 70% of the overall program now complete across its three main deposits. Core from the program is being processed for assay, metallurgical and geotechnical analysis to underpin a rapidly advancing Pre-Feasibility Study, building on a prior study that outlined strong project economics and now stands to benefit from substantially higher copper and silver prices and an improved processing flowsheet, potentially extending mine life, enhancing production profiles and strengthening the project’s economic appeal as Elizabeth Creek moves closer to development readiness.
The most recent analyst rating on (AU:COD) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Coda Minerals Ltd stock, see the AU:COD Stock Forecast page.
More about Coda Minerals Ltd
Coda Minerals Ltd (ASX: COD) is an Australian mineral exploration and development company focused on its 100%-owned Elizabeth Creek Copper-Silver Project in South Australia. The project centres on the Emmie Bluff, MG14 and Windabout deposits, targeting copper and silver production supported by ongoing drilling, resource definition and technical studies aimed at advancing the project toward development.
Average Trading Volume: 696,357
Technical Sentiment Signal: Buy
Current Market Cap: A$63.24M
See more insights into COD stock on TipRanks’ Stock Analysis page.