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Coda cap off copper

4 October 2022 10:34
ASX: COD

Coda Minerals have finished maiden drilling at Cameron River, smoothly wrapping up a 2800 metre programme in northern Queensland for a set of results anticipated before year’s end.

Drilling has already revealed anomalous copper across multiple prospects, confirmed by pXRF and with several geochemical anomalies remaining unexplained.

COD Sample

Grab sample of mineralised quartz-calcite vein.

Located in the nucleus of the Sunshine State’s world class Mt Isa mineral province, Cameron River comprises 35 square kilometres of territory considered highly prospective for a spread of commodities, with Coda’s key focus resting on hydrothermal copper-gold deposits.

Moving in sync is the explorer’s Elizabeth Creek copper-cobalt project, with a scoping study on track for delivery in the fourth quarter from the Olympic Dam Copper province host to major projects of both BHP and OZ Minerals.

Coda will follow up assay at the earliest opportunity after obtaining results and take time in between field seasons for a comprehensive review and reinterpretation of data.

COD’s Australian Stock Exchange-listed share price was trading at 28c today (9.57 am UTC+ 8 hours).

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