Coda Minerals' Elizabeth Creek Project - Copper
The Project covers 739 square km in Australia's most productive copper belt, the Olympic Dam Copper Province.
Mineral resource or reserve:
1) JORC 2012 Indicated Windabout and MG14 deposits hosting a combined 159,000 tonnes of contained copper and 9,400 tonnes of contained cobalt.
2) The project also includes Coda's Emmie Bluff prospect; JORC compliant Zambian-style copper-cobalt Exploration Target, with strong IOCG potential.
Current or planned level of processing:
Concentrate and copper cathode, and cobalt sulphate processing planned, pending feasibility results
J/V partners; offtake, further processing.
The company has a dual strategy for success at Elizabeth Creek, firstly through the definition and extension of Zambian style copper-cobalt resources across multiple prospects including Emmie Bluff, Powerline, MG14 North and Hannibal. Secondly, through the drilling of IOCG targets including Emmie Bluff Deeps, Elaine and Chianti recently redefined through extensive geophysical work.
Investment sought: Not applicable
Project status update
Project status: Advanced Exploration and Pre-feasibility.
Coda's extensive exploration activities have earned the Company a majority interest in the Project (70%); holding the rights to earn up to 75% interest of the Project under farm-in agreement.
Government approval status: Exploration Licence granted.
Scheduled start of operation of mine: 2023 to 2025, subject to exploration and feasibility results.
Current expected mine life: To be confirmed during feasibility.
- Coda Minerals recently listed on the ASX following a successful, heavily oversubscribed IPO to fund an intensive exploration campaign across the Elizabeth Creek Project tenure.
- Coda Minerals Ltd
Expected start date
Expected end date
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