Assays are presented in the below table using a 0.3% Cu cut-off grade, which was determined based on comparison with nearby geologically comparable deposits and after considering current commodity prices.
Given the strong correlation between copper and gold, and the lack of metallurgical testwork undertaken on the deposit, no attempt has been made to calculate a copper equivalent grade.
All elements which Coda believes have the potential to be economically relevant are included in the table below.
Aggregated results may include internal dilution of no more than 1m of contiguous material below the 0.3% Cu cut-off
grade.
Table 1 Material assays from drillhole DD21EB0018.
From To Interval Cu% Au g/t Ag g/t Mo ppm
794.00 794.80 0.80 0.31 0.02 0.8 9
797.45 802.14 4.69 1.01 0.17 3.6 786
806.50 807.05 0.55 0.42 0.14 1.7 45
809.3 810.12 0.72 0.31 0.1 3.8 21
810.79 838.93 28.14 1.21 0.37 2.3 305
Including:
816.80 821.63 4.83 2.16 0.63 4.8 148
841.05 841.15 0.1 0.60 0.21 1.4 9
842.03 844.6 2.57 2.11 0.30 13.2 15
Including:
842.77 844.22 1.45 3.44 0.42 22.1 22
856 856.65 0.65 0.46 0.02 <0.2 1.5
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