• Key PFS Data Delivered for Elizabeth Creek
• LiDAR model unlocks parallel work
• Approvals pathway defined
• Hydrogeological drilling underway
• Environmental baseline advanced

Coda Minerals Ltd. has made substantial advancements in the Elizabeth Creek Copper-Silver Project's Pre-Feasibility Study (PFS) during the June 2026 quarter. Key highlights include the delivery of crucial PFS data, the completion of a high-accuracy LiDAR model, and the initiation of hydrogeological drilling. The final Scoping Report was gazetted post-quarter, setting the framework for the approvals process. Environmental surveys revealed no groundwater-dependent ecosystems likely to be affected by mining, simplifying the approvals pathway. The company is also planning shallow RC drilling at the Oakden prospect following the hydrogeological program. With a strong quarter-end cash position of $10.77 million and additional $2 million expected from the second tranche of a $6.7 million placement, Coda is well-positioned to continue its project development.

Coda Minerals targets a Q1 2027 delivery of the Elizabeth Creek PFS, pending ongoing hydrogeological and exploration drilling, and metallurgical testwork.