Latest Coda Minerals (ASX:COD) News

Coda Minerals is set to begin a focused reverse circulation drilling program at its Oakden prospect, aiming to validate historical shallow copper mineralisation and assess its potential as early mill feed for the Elizabeth Creek project.

Carnaby led the market after Evolution Mining agreed to a A$213 million takeover. Coal and lithium names fell despite major production and funding news.
Across materials, investors rewarded deals and cash flow, but punished large capital needs and weak price follow-through.

Coda Minerals has delivered critical pre-feasibility study data and secured funding to push its Elizabeth Creek copper-silver project towards development milestones, including environmental approvals and expanded drilling.

Coda Minerals has kicked off a targeted six-bore hydrogeological drilling campaign at Elizabeth Creek to underpin its Pre-Feasibility Study and environmental approvals, with exploration drilling at Oakden set to follow.

Coda Minerals has cleared a key regulatory hurdle for its Elizabeth Creek Copper-Silver Project with the formal gazettal of its Scoping Report, setting a clear pathway for mining lease approval and reducing project uncertainty.

Coda Minerals has delivered a high-precision airborne Lidar survey covering 480km² at Elizabeth Creek, underpinning multiple engineering and environmental workstreams in its Pre-Feasibility Study. Hydrogeological drilling is set to begin soon, maintaining momentum towards a targeted Q1 2027 PFS completion.

Exploration wins and funding deals kept the materials sector busy, but price action was uneven. Big winners came from fresh drill results and new targets, while several stocks gave back early gains after trading resumed.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Coda Minerals has launched critical drilling and environmental programmes at its Elizabeth Creek Copper-Silver Project, underpinning its Pre-Feasibility Study and potential resource expansion.

Deal headlines and big drill hits shared the stage with a brutal sell-off in a handful of tiny raisings. The week’s biggest winners were backed by clear news; the biggest losers showed what happens when buyers vanish after a halt.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

Coda Minerals has updated the economics of its Elizabeth Creek Copper-Silver Project, reflecting significant rises in copper and silver prices since August 2025, boosting the project's valuation and reinforcing its development case.