Coda Minerals Limited announced that drilling at its highly prospective Cameron River Project, located in the heart of the world-class Mt Isa mineral province in North Queensland commenced on 5 September 2022. Cameron River comprises 35km2 of prospective copper and gold exploration tenure immediately north of the historical Mary Kathleen Uranium Mine. In March 2021, the Company entered in a binding Farm-In and Joint Venture Agreement giving it the right to acquire up to an 80% ownership in the Cameron River Project.

The initial programme will consist of a total of approximately 30 drill holes for an estimated 3,000m of Reverse Circulation (RC) drilling. Targets for the first round of drilling include some of the most prospective sites on the tenure, including the Bluey, Bingo, Copper Weed, Rebound and Clifford prospects, with drill targeting based on a combination of mapping and geochemistry, Dipole-Dipole and Gradient Array IP (DDIP and GAIP) and historical helicopter-borne electromagnetic surveys (VTEM).