I'd say it's pretty significant. 6000m of ac drilling. They're all in on CODA more than Pocos, probably due to the land holdings at CODA compared to Pocos. I think this announcement is pretty clear to where they want to go.
Remains to be seen how to the drilling and met turns out but I'll be watching.Also interesting they're going straight to ac and not doing any auger to start.
6000m of ac drilling won't be cheap so could be another cap raise before it's done IMO
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- Ann: Maiden Drilling Program commences at CODA rare earth project
Ann: Maiden Drilling Program commences at CODA rare earth project, page-16
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