Coda Minerals Completes Key Engineering Data for Elizabeth Creek PFS
Key points
- Key engineering dataset delivered, providing foundation for multiple workstreams
- 480km² fixed-wing airborne Lidar survey completed
- Hydrogeological drilling scheduled to commence in coming weeks
- Multiple PFS workstreams advancing in parallel
- Stage 1 Approvals Milestone imminent
Full summary
Coda Minerals Ltd has completed a crucial engineering dataset for the Pre-Feasibility Study (PFS) at its Elizabeth Creek Copper-Silver Project. The dataset, derived from a 480km² airborne Lidar survey, provides a highly accurate three-dimensional terrain model, which will support various engineering, mining, environmental, and approvals studies. High-resolution aerial imagery is expected in the coming weeks. Hydrogeological drilling is scheduled to commence in the coming weeks, with other PFS workstreams, including metallurgical process flowsheet development, mine planning, and infrastructure engineering, also advancing. The company aims to deliver the Elizabeth Creek PFS in Q1 2027.
Guidance
PFS expected to be delivered in Q1 2027
Outlook
Multiple PFS workstreams are advancing in parallel, with the company maintaining its target of delivering the Elizabeth Creek PFS in Q1 2027.
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