These results are from 6 holes only, plenty more come ......
The intervals, such as 20 m @ 3,476 ppm TREO in drill hole CDN-DD-0003 and 19 m @ 3,281 ppm TREO in CDN-RC-0005, demonstrate exceptionally high concentrations of REEs, which are favourable for project viability. These grades are well above industry cut-off grades, implying a strong potential for economic extraction.
The NdPr ratio, consistently ranging around 19.6% to 23.2%, is highly significant, indicating strong market demand.
The broad intercepts of 58 m @ 2,003 ppm TREO suggest the presence of large mineralised zones. This adds to the scalability potential of the project, making it attractive for expansion.
The wide distribution of high-grade intercepts across the tenement indicates an expansive mineral resource, suggesting future drill results will continue to add to the resource base, increasing the project's size and scope.
The consistent high grades across multiple drill holes point toward robust geological continuity, further supporting the economic feasibility of the project.
Significant historical exploration drilling results from the CODAproject confirm the potential for REE enriched IAC in the Northern and SouthernCODA tenements where drilling has been completed. The extent of the mineralised area atCODA North prospect is yet to be determined. All intersections from CODA South start fromsurface and are open in all directions including depth.
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