Australia's Coda Minerals falls on dismal drilling results at QLD project

Coda Minerals

13/01/2023 04:38

** Shares of Coda Minerals Ltd  COD.AX  fall as much as 8.5%
to A$0.2425; set for worst day since Dec. 23
    ** Mineral explorer says drilling results found "weak to
moderately anomalous copper" at its Cameron River Project in
north Queensland
    ** Adds drilling at project's Bluey and Bingo prospects did
not return any significant intersections or indicators of a
source for anomalism
    ** COD hits its lowest level since Dec. 30
    ** Stock lost ~74% in 2022
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com))