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Codrus Minerals reports $1.41M loss, advances Bull Run drilling, agrees to acquire EdgeMet, and plans $2.5M placement

3:07pm on Friday 4th of September, 2026 AEST Mining
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Codrus Minerals reports $1.41M loss, advances Bull Run drilling, agrees to acquire EdgeMet, and plans $2.5M placement

3:07pm on Friday 4th of September, 2026 AEST
Key Points
  • FY26 loss narrows to $1.41 million
  • Bull Run drilling confirms gold and molybdenum potential
  • Middle Creek and Red Gate assets divested to focus on core projects
  • Binding agreement to acquire EdgeMet with copper and molybdenum projects
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