Growth Drilling to Commence at Elizabeth Creek in Early 2025
Summary
Coda Minerals Ltd has announced plans for growth drilling at the Elizabeth Creek project in early 2025, targeting inventory and mine life growth. The company will undertake new exploration programs, including targeting large-scale mineralization at Emmie East and shallow open-pit deposits at Oakden. Additional geophysical surveys will be conducted at various prospects, with early-stage exploration planned at the Kinloch Project.<br/><br/>The company has completed preparations for major fieldwork activities, following a recently released Scoping Study demonstrating robust project economics. With a strong cash balance, Coda is well-funded into 2025 and poised to advance its exploration and growth strategy. CEO Chris Stevens emphasized the company's commitment to advancing the project systematically while demonstrating clear plans for mining and processing.<br/><br/>Coda's strategy for 2025 includes ongoing technical work, enhancing the project through additional resource tonnes, and establishing a clear pathway to funding and commercialization. The upcoming year will focus on discussions for funding pathways in a changing macro environment, with a strong emphasis on exploration and discovery as the key to success.<br/><br/>Investors are encouraged to engage with the company for further information and updates on the progress of the exploration program at Elizabeth Creek. For any questions or inquiries, please contact Chief Executive Officer Chris Stevens at info@codaminerals.com.
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