COD Price sensitive 19 Aug 2026, 8:33 AM

Oakden Shallow Copper Drilling Set to Commence

Coda Minerals Ltd

Coda Minerals Set to Commence Oakden Shallow Copper Drilling

Key points

  • Oakden drilling to test shallow copper mineralisation near MG14
  • Approximately 5-6 RC holes planned, following hydrogeological drilling
  • Results to guide potential broader exploration across Oakden Area of Interest

Full summary

Coda Minerals Ltd is advancing its exploration efforts at the Elizabeth Creek Copper Project in South Australia. Following the completion of hydrogeological drilling, the company is set to commence a shallow RC drilling program at Oakden, approximately 15km south-southwest of the MG14 Mineral Resource. The drilling will focus on testing shallow copper mineralisation identified in historical drilling, including a 3m @ 1.15% Cu intersection in drillhole OK36. The initial program will consist of approximately 5-6 RC holes designed to confirm the historical result, test local continuity, and provide information to determine the need for a broader exploration phase. The Oakden prospect is strategically significant due to its shallow depth, which could provide early mill feed during underground development at Emmie Bluff.

Outlook

The results of the Oakden drilling program will be critical in determining the potential scale and continuity of the copper mineralisation, guiding future exploration and development decisions.

Summary generated by a large language model. Please interpret with care.

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