Announcement PDF ELIZABETH CREEK 2024X ASX RELEASE Code: COD 31 December 2024 ASX Code: COD Growth Drilling to Commence at Elizabeth Creek in Early 2025 – Additional Information Coda Minerals Limited (ASX: COD, “Coda”, or “the Company”) refers to the ASX Announcement on 17 December 2024 “Growth Drilling to Commence at Elizabeth Creek in Early 2025. Please note that the image on Page 2 of the original release has been updated to include a footnote with a breakdown of the Emmie Bluff Resource by Resource Category and a link to the original Appendix 2 which contains “Competent Persons’ Statements and Confirmatory Statements - Mineral Resource Estimates and Production Targets.” This announcement has been authorised for release by the Board of Coda Minerals Ltd Further Information: Chris Stevens Chief Executive Officer Coda Minerals Limited info@codaminerals.com Media: Nicholas Read Read Corporate nicholas@readcorporate.com.au 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 ELIZABETH CREEK 2024X ASX RELEASE Code: COD 17 December 2024 ASX Code: COD Growth Drilling to Commence at Elizabeth Creek in Early 2025 Plans well advanced for expansion drilling at Elizabeth Creek targeting inventory & mine life growth as well as new discoveries, with drilling on track to commence in early February 2025. Highlights • Coda to undertake a major new exploration programme at Elizabeth Creek, commencing in February 2025. • Key exploration priorities will include: o Emmie East: Large-scale target at 400m depth, proximal to the Emmie Bluff Copper-Cobalt-Silver deposit; o Oakden: Targeting a shallow, open-pit deposit capable of augmenting tonnes from the MG14 and Windabout deposits; and o Geophysical surveys over the Oakden North and Canegrass prospects to generate new drill targets. • Additional early-stage exploration will also be undertaken at the Kinloch Project in eastern South Australia later in the quarter. • The Company expects major fieldwork activities to commence in the first weeks of the New Year, with all preparations including the submission of access documents and heritage surveys now complete. • This exciting new phase of work follows the recent release of Scoping Study, which demonstrated robust economics from the Elizabeth Creek Project based on three open pit mining operations and one long-life underground mine at 400m depth. • Strong cash balance of >$6m leaves Coda well-funded into 2025 and in a strong position to advance its exploration and growth strategy. Coda Minerals Limited (ASX: COD, “Coda”, or “the Company”) is pleased to advise that preparations are well advanced for a major new phase of exploration targeting the next leg of growth at its 100%-owned Elizabeth Creek CopperCobalt-Silver Project, located in South Australia’s Olympic Copper Province. The Elizabeth Creek Project hosts over 1 million tonnes of contained copper equivalent across four key deposits – Emmie Bluff (underground) and MG14, Windabout and Cattle Grid South (open pit). In December 2024, the Company released an updated Scoping Study demonstrating robust economics with a pre-tax NPV(7) of approximately $1.18 billion and an IRR of 35%. The study modelled annual production of 27,000t of copper and 1,300t of cobalt sulphate. 1 The new phase of exploration is aimed at further enhancing project economics through the definition of: - Additional low-cost open pittable tonnes proximal to the MG14 and Windabout deposits; and Material extensions to the underground Emmie Bluff deposit at Emmie East, a highly prospective target defined by multiple forms of geophysics. 1 See here for ASX release on 3 December 2024 and refer to Appendix 2 for Confirmatory Statements under LR 5.19.2 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 A major discovery at Emmie East – which encompasses a target area equivalent to ~50% of the existing Resource at Emmie Bluff – has the potential to deliver a material extension to mine life and/or the ability to increase production. ELIZABETH CREEK Coda Minerals CEO Chris Stevens said: “The outstanding results of the recent Scoping Study, culminating in an impressive pre-tax NPV(7) of approximately $1.2 billion and IRR of 35%, have provided a tremendous springboard for us to target the next leg of growth at Elizabeth Creek while continuing to advance the project systematically towards development. “Our strategy is simple: advance the project through ongoing technical work; enhance the project through the definition of additional Resource tonnes; and demonstrate a clear pathway to funding and commercialisation. “We started life as a listed company at Elizabeth Creek with just 75% ownership of the asset and 250,000 tonnes of inground copper equivalent metal. Since then, we have consolidated ownership to 100%, more than quadrupled the inground contained Resource to nearly 1.1 million tonnes CuEq and identified a series of exciting growth and exploration targets that will now be tested as part of this next phase of drilling. “At the same time, we have demonstrated clear plans for the mining and processing of the copper, cobalt and silver at Elizabeth Creek, doubled the project NPV and materially enhanced the project through technical work. “Building on these achievements, 2025 will be a pivotal year for Coda as we continue discussions on funding pathways into what we believe will be a fundamentally different macro environment. Against that backdrop, it is always nice to see the rigs turning with discovery being the lifeblood of success.” # #JORC Resource figure quoted comprises Indicated Resources of 37.5Mt at 1.91% CuEq and Inferred Resources of 2.7Mt @1.87% CuEq both at a 1% CuEq Cutoff. Please see Appendix 2 for links to full 6 Altona Street,West Perth Resource Statements, Confirmatory Statements Western Australia, 6005 and Copper Equivalent grade calculations. E: info@codaminerals.com ABN 49 625 763 957 ELIZABETH CREEK Figure 1 Proposed exploration timeline leading into H1 2025. This announcement has been authorised for release by the Board of Coda Minerals Ltd Further Information: Chris Stevens Chief Executive Officer Coda Minerals Limited info@codaminerals.com Media: Nicholas Read Read Corporate nicholas@readcorporate.com.au Competent Person’s Statement The information in this report which relates to exploration results is based on information compiled by Mr. Matthew Weber, who is an employee of the company. Mr Weber is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient relevant experience to the style of mineralisation and type of deposit under consideration and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Weber consents to the inclusion in this report of the matters based on the information compiled by him, in the form and context in which it appears. 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 Appendix 1: Detailed Geological Information for Proposed Exploration Programmes Drilling ELIZABETH CREEK Emmie East Emmie East has been established as Coda’s most exciting drill target by multiple forms of geophysics, specifically seismic and MT2. The key datasets are: • Magnetotelluric (MT) surveys from 2010 and 2023 show tight correlation between low resistivity anomalism and the Tapley Hill Formation black shale which hosts the deposit. This anomalism continues to the east of the drilled extent of the mineralisation. • 2D Seismic anomalism shows amplitude anomalism at the same RL as the main basin to the east of Emmie Bluff (coincident with MT anomalism) and to the south (coincident with DTB anomalism, below). • Depth to basement (DTB) modelling suggests a greater depth immediately below the Emmie Bluff MRE, suggesting structural control of the basin. Similar excessive DTB anomalism has been modelled to the south of Emmie Bluff, in the vicinity of drillhole MGD 42, which encountered the only Tapley Hill formation black shale known from drilling outside the main Resource. A summary map is included as Figure 2, below. Drilling will be undertaken either as RC precollars followed by diamond tails to an approximate depth of 500m, or, if a suitable rig can be secured, with deep RC penetrating to the same depth. A first pass programme of 4-6 holes will be undertaken, followed up with additional drilling if justified by results. Oakden The Oakden prospect is located approximately 15km SSW of the MG14 resource. Historical drilling in the area has produced several intersects of mineralised, low-grade Tapley Hill formation black shale in a roughly northwest/southeast alignment. The best intercept was encountered in drillhole OK 36, which intersected 3m @ 1.15% Cu from 39m immediately to the northeast of the other mineralised holes. This suggests the mineralisation may improve as the Tapley narrows to the west, and there is scope for a considerable accumulation of mineralisation in a narrow corridor of up to 400m wide and potentially up to several kilometres long (See Figure 3 for the nominal area of interest based on Coda’s current interpretation). Drilling will take place in two phases – an initial phase of up to 8 drillholes will be focused in the immediate vicinity of OK 36 to replicate the initial hit and demonstrate continuity on a small scale (i.e. 50-150m from the original hole). If additional mineralisation is encountered, up to an additional 12 - 22 holes will be drilled to assess the overall extent of the mineralisation along a strike length of approximately 1.5km. 2 Please see ASX announcements “Updated Geological Model Transforms IOCG Understanding”, released to the market 3 October 2023, available at https://www.codaminerals.com/wp-content/uploads/2023/10/2023101.pdf and “MT Data Reinforces Evidence for Emmie Bluff Extension”, released to the market 13 February 2024, available at https://www.codaminerals.com/wp-content/uploads/2024/02/20240213_Coda_ASX-ANN_MT-DataReinforces-Evidence-for-Emmie-Bluff-Extension_RELEASE.pdf 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 ELIZABETH CREEK Figure 2 Emmie Bluff, and Emmie East target areas as inferred by Coda and Mira Geoscience. MT Resistivity displayed as contour lines. Note the strong correlation between the anomalism and the western boundary f Emmie Bluff, implying MT is an accurate and capable exploration methodology, and the strong anomalism to the east of Emmie Bluff – this may imply the presence of a conductive stratum. This is further supported by coincident anomalism in 2D seismic (not pictured). 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 ELIZABETH CREEK Figure 3 Historical drilling at the Oakden prospect. A pattern of NNW/SSE trending low grade mineralisation is seen in the historical drilling, contrasted with the significantly higher grade mineralisation in drillhole OK36 to the east. This pattern is similar to that seen at the MG14 deposit, and at Emmie Bluff, where the narrowest parts of the shale (i.e. flanks of the deposit) have the thickest intercepts and highest grades. Electromagnetic Exploration Canegrass Canegrass is a well-established prospect located between MG14 and Windabout. Two historical drillholes, LW95 and LW66 encountered thick, high-grade mineralisation, with the best being LW 95 (7m @ 2.45% Cu from 46m). However, additional drilling in a ring around these holes failed to replicate comparable results, and the prospect was abandoned. Though limited in size, the presence of this high-grade mineralisation suggests that a mineralised corridor may exist between MG14 to the southeast and Windabout to the north. Better understanding of the distribution of the Tapley and/or direct detection of any sulphide enrichments would provide additional drill targets, or potentially demonstrate that the known mineralisation at Canegrass represents merely a portion of a larger system. Airborne EM will be used 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 to map the Tapley Hill Formation black shale, and potentially may be able to directly image the high grade mineralisation known from drillholes LW 95 and 66 to determine its true extent and identify any potentially larger scale repeats. Alternatively, direct imaging of the shale may show embayments or other geometries which may represent favourable mineralising environments comparable to other nearby deposits such as MG14. ELIZABETH CREEK Oakden North Oakden North is a target first identified during hydrogeochemical assessment of the Mount Gunson area in 1988. The technique applied at the time sampled groundwater in a total of 122 drillholes, and assessed each hole against the known characteristics of groundwater in proximity to other known deposits. The technique identified the Windabout deposit before it was drilled out, as well as two other areas of interest, the most significant being Oakden North, which included the single most anomalous hole in the survey, OK 152 3. Though this hole did not encounter significant mineralisation itself, with peak grades of 0.19% Cu at the lower contact of the Tapley Hill Formation black shale, the highly anomalous groundwater sample is a strong indicator that copper mineralisation may be locate nearby, particularly given two other weakly anomalous holes have been identified in the immediate area. Airborne EM will be used to map the Tapley and identify prospective geometries for follow up with future drilling. Airborne Survey Details Airborne EM (SkyTEM) is proposed to characterise the known mineralised and unmineralised Tapley Hill Formation black shale. Historical EM exploration has been very successful in identifying Tapley Hill Formation shale. Tempest EM, a similar airborne electromagnetic exploration system collected from fixed wing aeroplanes, has been used historically at Elizabeth Creek, and has demonstrated its ability to image a distinct anomaly associated with drilled Tapley Hill formation at Oakden North. SkyTEM has also been undertaken over the prospect, but at very wide spacing, with none of the current targets directly imaged. However the quality and vertical resolution of the data is very high, in part because SkyTEM is collected by slightly slower moving helicopters vs. fixed wing aeroplanes for TEMPEST. Coda is currently securing quotes for an airborne survey of in excess of 1,000 line kilometres at 100m spacing, covering the Oakden, Oakden North and Canegrass prospects, as well as a 200m spaced programme covering the MG14 and Cattle Grid South deposits, which will serve to calibrate the results against known mineralisation, in and out of the black shales of the Tapley Hill formation. Anticipated Timeline Coda has begun landholder consultation and the South Australian government approvals (EPEPR) process, and is preparing for a heritage survey at Oakden, which it anticipates completing in the coming weeks. The company has an ongoing EPEPR and Land Access Agreement at Emmie Bluff which will facilitate rapid startup in the new year, but the company will also consider opportunities for synergies (i.e. utilising the same drill rigs at Oakden and Emmie Bluff) which may mean slight delays to ensure approval timelines and other limiting factors are accounted for at the Oakden prospect. A simplified timeline laying out the company’s expectations for the timing of upcoming field programmes is included above in Figure 1. 3 According to multiple methods, including Discriminant analysis: Cu, Pb, Zn, U, +/- Co, +/- pH, Eh, log Ca, Na, Mg, HCO , 3 F, Fe, as well as hydrogeochemical mapping of Cu and malachite saturation index. 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 ELIZABETH CREEK Figure 4 2010 TEMPEST EM line 7000101 inverted conductivity cross section over Oakden North. Note the prominent conductive anomaly extending east and west from the logged Tapley Hill formation black shale in OK 152. Though not itself strongly mineralised This drillhole has been identified as potentially being in proximity to a significant copper deposit based on groundwater chemistry. SkyTEM EM surveying is proposed to generate a detailed map of Tapley Hill formation black shale which will in turn guide drill planning to assess the area. 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 ELIZABETH CREEK 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 Appendix 2: Competent Persons’ Statements and Confirmatory Statement - Mineral Resource Estimates ELIZABETH CREEK MG14 Indicated Mineral Resource: The information is extracted from the report entitled "Confirmation Statements JORC" created on 26th October 2020 and is available to view at: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-022989156A1003162&v=70bc033a22188bdfefb8a0b8ad3c24897ef2837d. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Windabout Indicated Mineral Resource: The information is extracted from the report entitled "Confirmation Statements JORC" created on 26th October 2020 and is available to view at: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-022989156A1003162&v=70bc033a22188bdfefb8a0b8ad3c24897ef2837d. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Emmie Bluff Mineral Resource: The information is extracted from the report entitled “Scoping Study Update Delivers Materially Improved Economics" created on 30 January 2024 and is available to view at: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02766550-6A1191314. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Cattle Grid South Mineral Resource: The information is extracted from the report entitled “Initial Copper Resource for Cattle Grid South" created on 03 July 2024 and is available to view at: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-028239896A1214274&v=4015c7b87631faf94ecd96975272ff9ad5cb14c3. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 Listing Rule 5.19.2 ELIZABETH CREEK In relation to any Production Target or any forecast financial information based on any Production Target quoted or referenced in this announcement, the Company confirms that all material assumptions underpinning both the Production Target and any forecast financial information continue to apply and have not materially changed. The original ASX announcement released on 3 December 2024 relating to any Production Target or forecast financial information derived from any Production Target contained herein can be found here. Listing Rule 5.23.2 The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements cited in this announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Statement Regarding Metal Equivalent Calculations Metal Equivalent grades are quoted for one or more of the Emmie Bluff, Windabout and MG14 Mineral Resources, or for exploration results considered by the company to be related directly to one of these Mineral Resources, in this announcement. For the Emmie Bluff Mineral Resource: The Emmie Bluff Mineral Resource is reported as 40.2Mt @ 1.27% copper, 569ppm cobalt, 17g/t silver and 0.17% zinc (1.87% Copper Equivalent (CuEq)) reported at a cut-off grade of 1% CuEq. The calculation of this metal equivalent is based on the following assumptions. Metal Copper Cobalt Zinc Silver Coefficient 0.8 0.85 0.9 0.85 Forecast Price $7,000 $55,000 $2,100 $18.50 Price Unit USD/Tonne USD/Tonne USD/Tonne USD/Oz Price assumptions used when calculating copper equivalent grades were based primarily on Consensus Economics forecasts of metals, except for Cobalt, which was sourced via communication with subject matter experts. Metallurgical assumptions used when calculating copper equivalent grades were based on a simple bulk float utilising rougher and minimal cleaner/scavenger circuits. The produced a reasonably consistent mean recovery across most metals of between approximately 83 and 94 percent. For simplicity, and to in part account for losses associated with less intensive cleaner floats and losses to the hydromet plant, these figures were rounded down to the nearest 5%. Application of these assumptions resulted in the following calculation of CuEq: 𝐶𝑢𝐸𝑞% = 𝐶𝑢% + 0.00068 × 𝐶𝑜 𝑝𝑝𝑚 + 0.337 × 𝑍𝑛 % + 90.3 × 6 Altona Street,West Perth Western Australia, 6005 𝐴𝑔 𝑝𝑝𝑚 10000 E: info@codaminerals.com ABN 49 625 763 957 For the Windabout and MG14 Mineral Resource: The Windabout and MG14 Mineral Resource are reported at a cut-off grade of 0.5% CuEq as: • Windabout: 17.67Mt @ 0.77% Cu, 492 ppm Co and 8 g/t Ag (1.41% CuEq) • MG14: 1.83Mt @ 1.24% Cu, 334 ppm Co and 14 g/t Ag (1.84% CuEq) The calculation of this metal equivalent is based on the following assumptions. ELIZABETH CREEK Metal Copper Cobalt Mining Recovery % 0.9 0.9 Dilution % Recovery % Payability % Forecast Price Price Unit 0.05 0.05 0.6 0.85 0.7 0.75 $6,600 $55,000 USD/Tonne USD/Tonne Price assumptions used when calculating copper equivalent grades were based on recent historical metal prices at the time of calculation (2018). Metallurgical assumptions are based on extensive metallurgical testwork undertaken on the two deposits to 2018 across various potential flowsheets involving both floatation and leaching. Ag analyses in the estimation and metallurgical testwork were considered insufficient at the time to include in the metal equivalent calculation. Application of these assumptions resulted in the following calculation of CuEq: 𝐶𝑢𝐸𝑞% = 𝐶𝑢% + 0.0012 × 𝐶𝑜 𝑝𝑝𝑚 It is the opinion of the company that both sets of prices used in the calculations are reasonable to conservative longterm forecasts for real dollar metal prices during the years most relevant to the deposits (approx. 2026-2030). It is the opinion of the company that all of the elements included in the metal equivalent calculations have a reasonable potential to be recovered and sold. For full details of the Emmie Bluff Metal Equivalent calculation, please see “Scoping Study Update Delivers Materially Improved Economics” released to the market on 30th January 2024 and available to view at https://www.codaminerals.com/wp-content/uploads/2024/01/20240130_Coda_ASX-ANN_Scoping-Study-UpdateDelivers-Materially-Improved-Economics_RELEASE.pdf. For full details of the MG14/Windabout Metal Equivalent Calculation, please see “Confirmation of Exploration Target & Mineral Resource and Ore Reserve Statement”, released to the ASX on 23 rd October 2020 and available at https://www.codaminerals.com/wp-content/uploads/2020/10/20201026_Coda_ASX-ANN_Confirmation-StatementsJORC.pdf. Forward Looking Statements This announcement contains ‘forward-looking information’ that is based on the Company’s expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements with respect to the Company’s business strategy, plans, development, objectives, performance, outlook, growth, cash flow, projections, targets and expectations, mineral reserves and resources, results of exploration and related expenses. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as ‘outlook’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘likely’, ‘believe’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘would’, ‘could’, ‘should’, ‘scheduled’, ‘will’, ‘plan’, ‘forecast’, ‘evolve’ and similar expressions. Persons reading this announcement are cautioned that such statements are only predictions, and that the Company’s actual future results or performance may be materially different. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. 6 Altona Street,West Perth Western Australia, 6005 E: info@codaminerals.com ABN 49 625 763 957 ELIZABETH CREEK Appendix 3: Detailed Technical Information and JORC Table 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Sampling • Nature and quality of sampling (e.g. cut channels, techniques random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. • Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public Report. • In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. 6 Altona Street,West Perth Western Australia, 6005 Commentary • Data to generate the TEMPEST inversion (Figure 4) was collected by Geoscience Australia as part of the Frome AEM Survey in 2010, specifically as part of the four Cariewerloo traverses associated with that Survey. • Data was collected by Fugro Airborne Surveys. • TEMPEST System specifications were as follows: PARAMETER Base frequency Transmitter area Transmitter turns Waveform Duty cycle Transmitter pulse width Transmitter off-time Peak current Peak moment Average moment Sample rate Sample interval Samples per half-cycle System bandwidth Tx Loop Flying height nominal Tx Loop Flying height average EM sensor Tx-Rx horizontal separation average Tx-Rx vertical separation average Tx-Rx horizontal separation average (GPS derived) Tx-Rx vertical separation average (GPS derived) Tx-Rx horizontal separation standard Tx-Rx vertical separation standard Stacked data output interval Number of output windows Window centre times Magnetometer Magnetometer compensation Magnetometer output interval VALUE 25 Hz 186 m² (WGT) 1 Square 50% 10 ms 10 ms 300 A (WGT) 55800 Am² (WGT) 27900 Am² (WGT) 75 kHz on X, Y, and Z 13.333 microseconds 1500 25 Hz to 37.5 kHz 100 m (subject to safety considerations) 101.4 m (WGT) Towed bird with 3 component dB/dt coils -114.8 m (WGT) -40.7 m (WGT) -115.1 m (WGT) -43.2 m (WGT) -115.0 m (geometry corrected standard) -40.0 m (geometry corrected standard) 200 ms (~12 m) 15 13 µs to 16.2 ms Stinger-mounted cesium vapour Fully digital 200 ms (~12 m) E: info@codaminerals.com ABN 49 625 763 957 Criteria