Elizabeth Creek, South Australia
Coda Minerals (ASX: COD) has completed a four-hole diamond drilling program at the Emmie East and Emmie South-East prospects, part of the Elizabeth Creek Copper-Cobalt Project in South Australia. The drilling provides the first evidence of copper mineralisation within the Tapley Hill Formation outside the existing Emmie Bluff Mineral Resource, indicating potential extensions. Hole EB0038, drilled 1,600m south-east of Emmie Bluff, intersected narrow copper mineralisation....
Project Summary
The Elizabeth Creek Copper Cobalt Project is centred approximately 30 km south-east of Woomera and 135 km north-west of Port Augusta in South Australia.
The project currently covers 701 km2 in the Olympic Dam Copper Province, Australia’s most productive copper belt. The project is located 100 km south of BHP Billiton’s Olympic Dam copper-gold-uranium mine and 50 km west of OZ Minerals’ Carrapateena copper-gold project.
The project mining centre lies 10 km 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.
RESOURCES AND RESERVES
The MG14 deposit is a concealed, flat lying body of disseminated copper sulphide mineralisation at 25m depth. It is oriented east-west and is approximately 1,400 m long by 400 m wide with a varying thickness between 3 to 8 m. A JORC 2012 compliant resource was estimated by T. Callaghan in January 2018 with a cut-off grade of 0.5% Cu equivalent.