COD delivers oxide flotation success for copper at Elizabeth Creek Project, SA
Project Name: Elizabeth Creek Project
Project Location: SA, Australia
Project Stage: Advanced Exploration
ProjectBank Summary:
Coda Minerals Limited (ASX: COD) advises shareholders of highly encouraging initial results from ongoing metallurgical test work at its Elizabeth Creek Copper-Cobalt Project in South Australia. The work focused on the Windabout deposit, utilizing novel oxide collectors to improve copper recoveries. The results demonstrated a significant uplift in recoveries, particularly with test JR12 showing an 11.6% increase compared to the baseline. This breakthrough has step-change potential for the project, suggesting similar improvements can be expected for the Emmie Bluff and MG14 deposits. Detailed follow-up test work will commence soon to further optimize the process and incorporate the findings into updated project economics.
Coda Minerals Highlights:
Metallurgical test work breakthrough using novel oxide collectors has demonstrated a pathway to achieving higher copper recoveries across the Elizabeth Creek Copper-Cobalt Project.
First stage of work undertaken on Windabout Deposit, test work to be expanded to Emmie Bluff and MG14.
The improvement has step-change potential for the Project, where improvements in metal recoveries is a significant potential source of revenue uplift.
Detailed follow-up test work will commence in the coming days focused on reagent optimisation, multi-stage grinding/flotation, and the reintroduction of de-sliming and cleaner floats to the process.
The next stage of work is expected to produce a representative final concentrate grade for inclusion in updated project economics.
MD/CEO Statement:
Chris Stevens, Chief Executive Officer, commented: "To deliver a transformational uplift at Elizabeth Creek we have two major levers to pull: the first is in exploring for additional Resources and the second is in seeking to increase copper recoveries. This work is the first step in achieving improvements to recoveries by delivering a major uplift during the rougher float stages without incurring any significant additional costs."
