The stellar hits released this week from a seventeen-hole diamond drill program add to previously reported significant intercepts as the company eyes out a maiden JORC compliant resource estimate for the prospect.Ĭoda management says the new assays demonstrate potential to extend high-grade zones within the exploration target and also extend the overall mineralised footprint. Management says every hole drilled to date across the 4.5km target has encountered mineralisation. The formal exploration target at Emmie Bluff currently sits between 46 and 77 million tonnes with an estimated grade of between 0.5 per cent and 2.3 per cent copper equivalent. The company has wasted no time in putting down drill metres as it looks to validate an exploration target at the prospect. Other solid numbers from the latest drill campaign include 2.24m at 1.82 per cent copper, 1,139 ppm cobalt and 24 g/t silver from 497m in another hole and 2.13m at 2.08 per cent copper, 1,212 ppm cobalt and 28 g/t silver from 445m in yet another hole.įollowing an oversubscribed IPO that raised some $8.5 million in October last year, Coda has been busy at Emmie Bluff located on the north-western edges of its 739 square kilometre project tenure. The 4.71 per cent copper equivalent grade occurred for 3m from 400m downhole and was broken down into 2.85 per cent copper, 1,545 parts-per-million cobalt and 27 grams per tonne silver. Further drilling is due to commence in May. High grade hits at the Emmie Bluff prospect going up to 4.71 per cent copper equivalent have the company well placed to turn out a maiden resource estimate projected for the third quarter. South Australian focused copper-cobalt explorer, Coda Minerals continues to deliver the goods at the Elizabeth Creek project in the Olympic Dam Copper Province.

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