The Copper Growth Story on ASX
Stock Code:
ASX: COD
Company Exposure:
Copper
Project Locations:
Australia
Coda Minerals Limited (ASX: COD) is focused on the discovery and development of minerals that are leveraged to the global energy transformation through electrification and the adoption of renewable energy technologies. Coda’s flagship asset is the 100%-owned Elizabeth Creek Copper-Cobalt Project, located in the world-class Olympic copper province in the Eastern Gawler Craton, South Australia’s most productive copper belt. The company listed on the ASX in October 2020 with 25Kt of CuEq in JORC 2012 resources, now grown to 1.1Mt of CuEq. In March 2023, Coda Minerals released a scoping study demonstrating robust economics for its project. Coda offers rare ASX exposure to the combination of an unfolding development/optimization play, combined with the potential for significant value uplift associated with ‘near-mine’ exploration for deposit extensions/repeats and deeper exploration for a potential Tier-1 IOCG discovery.
Project Overview
Elizabeth Creek Copper Cobalt Project
The Elizabeth Creek Copper Cobalt Project is centred approximately 30km south-east of Woomera and 135km north-west of Port Augusta in South Australia.
The project currently covers 701km2 in the Olympic Dam copper province, Australia’s most productive copper belt. The project is located 100km south of BHP Billiton’s Olympic Dam copper-gold-uranium mine and 50km west of OZ Minerals’ Carrapateena copper-gold project.
The project mining centre lies 10km off the sealed Stuart Highway and is accessed by established unsealed roads. Established access to electrical grid power and scheme water is available in the area. The Adelaide to Perth/Darwin railway runs parallel to the Stuart Highway. Additionally, regular air services are available at Roxby Downs and Port Augusta, and a serviceable airstrip for light aircraft is located on site. Accommodation is available at Woomera.