Coda Minerals continues to receive solid results from its copper discovery at Emmie Bluff in SA including 7.58 metres at 1.51, however it is now casting its eye further afield as it looks to build a pipeline of copper projects in Australia, with the company picking up the interesting looking Cameron River copper project near Mt Isa in Queensland.
Coda Minerals has the bit between its teeth at its Emmie Bluff copper project, having completed a 17-hole diamond drilling program across the South Australian target. The drill program completes a significant milestone in the company's advance towards declaring a maiden JORC resource in the coming months. It is now logging and sampling almost 8,000m of drill core while awaiting the results from the assay labs.
Coda Minerals continues to put runs on the board in South Australia, with exploration at its Emmie Bluff copper discovery coming up trumps. Recent drilling has returned assays of 2.05m at 4.09 per cent copper equivalent from 408.95m and 3.49m at 2.22 per cent copper equivalent from 454.2m, with the deposit now extending along 3km of strike.
Today's board moves wrap includes Rhoderick Grivas, Joshua Letcher, Helen Fisher, Susan Hunter, Telma Southgate, Alfie Germano, Wayne Best, and Adrian Griffin.
Wangara-based contractor Duratec has launched Western Australia's largest initial public offering this year, adding to a flurry of WA companies aiming to list on the ASX.
The board of Gindalbie Metals has recommended shareholders accept a takeover offer from its Karara project partner Ansteel, and has proposed to demerge its wholly-owned subsidiary Coda Minerals.
