Coda Strengthens Regional Exploration Pipeline

Under mineral rights sharing arrangements Coda Minerals and Boss Energy (ASX: BOE) have been granted four tenements situated in the northern Murray Basin, ~350km from the Elizabeth Creek Copper-Cobalt Project, and covering an area of ~3,184km2 .

The tenements are prospective for both copper and uranium mineralisation, with Coda to focus on the copper potential and Boss to focus on the uranium potential as part of its regional exploration push around the Honeymoon uranium mine.

The mine and processing infrastructure which Coda plans to establish at Elizabeth Creek (including a downstream hydrometallurgical facility) has the potential to become a central processing facility for copper deposits in the district.

Boss and Coda will now progress the mineral rights sharing arrangements.

Coda will be entitled to 100% of the base metal rights while Boss will be entitled to 100% of the uranium rights.