Coda Minerals Ltd V.COD

Primary Symbol: CODMF

Metals & Mining Industrial Metals & Minerals

Coda Minerals Ltd is an Australia-based exploration company focused on the exploration, discovery and development of minerals in the base metals, precious metals and battery minerals sector. The Company’s projects include the Elizabeth Creek Copper Cobalt Project, Cameron River Copper Gold Project, Kinloch (Boss Energy JV), Booleroo and Club Terrace. It owns a 100% interest in the Elizabeth Creek Copper Cobalt Project, which is centered over 30 kilometers (km) south-east of Woomera and 135 km north-west of Port Augusta in South Australia. It covers over 701 square kilometers (km2) in the Olympic Dam Copper Province. The Cameron River Copper Gold Project is located approximately 60 km east of Mt Isa in Queensland. The project consists of two exploration permits (EPM 27042 and EPM 27053) and covers over 35 km2 in the highly prospective MT Isa Inlier. The Kinloch Project is located in eastern South Australia, and is a collection of four tenements held in association with Boss Energy.

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Coda Minerals Ltd

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Post by 76Monteon Jan 20, 2014 12:20pm

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Post# 22111553

Updated news for January 20th

Feel free to check out updated news released today! Just click on news on this website.

It says: Dr. Bill Pearson, P.Geo., President & CEO of Coastal Gold, commented: "We are delighted with the results of this mineral resource update, which not only significantly increased estimated resource ounces in the indicated category but also substantially increased the overall grades of the resource. The tailings resource is an important addition and is being considered in the preliminary economic assessment in progress."

Bill is "delighted" with the results, and a PEA is in the works! I do not see any gloom and doom from the CEO.

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Thesis Gold makes high-grade discovery at Ring Zone