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Coda Minerals to Start Shallow Copper Drilling at South Australia Prospect; Shares Down 4%

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Coda Minerals (ASX:COD) is advancing two drilling workstreams at its Elizabeth Creek copper project in South Australia, with a focused reverse circulation program to follow at the Oakden exploration prospect, according to a Wednesday filing with the Australian bourse.

The drilling will follow up historical copper intercept hole OK36, and a confirmation of short-range continuity would support a larger program across the broader Oakden area of interest, per the filing.

The company said six reverse circulation holes are planned to start immediately after ongoing hydrogeological drilling.

Coda Minerals shares fell 4% in recent Wednesday trade.

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