Coda Minerals Ltd (AU:COD) has released an update.
Coda Minerals Ltd announces an initial Mineral Resource Estimate for the Cattle Grid South deposit, revealing 5.8 million tonnes at 0.62% copper, which adds a significant 36,000 tonnes of contained copper to its Elizabeth Creek Copper Project in South Australia. This new deposit enhances the company’s copper inventory and presents an early revenue opportunity as it may be included in the first stage of the project’s scoping study. The company is exploring various extraction methods, including in-situ recovery, to potentially expedite production prior to the completion of the main processing plant.
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