Coda Minerals Limited in conjunction with joint venture partner Torrens Mining Limited reported further significant preliminary results from the ongoing IOCG drilling programme at Emmie Bluff Deeps, part of its Elizabeth Creek Project in South Australia. Work Completed at Emmie Bluff Deeps to Date: On 9 June 2021, Coda announced that its first diamond drillhole at Emmie Bluff Deeps IOCG target, DD21EB0018, had intersected 200m of intense IOCG alteration including approximately 50m of copper sulphide mineralisation. In July 2021, the initial intersection was followed up by announcement of visual estimates from two wedge (daughter) holes drilled from the parent hole which demonstrated a significant intersection of highgrade bornite dominant copper mineralisation in Wedge 2. Subsequent assaying results confirmed the intersection of two mineralised lodes, namely 24m at 2.2% Cu and 0.3g/t Au and 13m at 3.5% Cu and 0.6g/t Au. In October 2021, the results from five additional drill holes, (two parent and three wedge holes) demonstrated a material increase to the lateral extent of the mineralisation. Holes EBD2 (parent) and EBD2W2 (wedge) demonstrated a significant increase in the thickness and intensity of visual sulphides. EBD3W2 returned a 67m intersection of intermixed bornite and chalcopyrite copper mineralisation (assays pending). These two bornitedominant intersections demonstrated the presence of a higher grade borniterich core within an overall laterally extensive chalcopyrite halo at Emmie Bluff Deeps. Work Completed in October and November 2021: Since the release of the visual results from the holes outlined above, the Company has focused on the following strategic objectives with its ongoing drilling program: Testing and extending the broader chalcopyritedominant halo of mineralisation identified in EBD2 with wedge holes drilled to the west (EBD2W2), north (EBD2W3) and east (EBD2W4); and Testing and extending the higher grade bornitedominant mineralisation, following the trend to the southeast from the parent hole through EB0018W2 and EBD3W2 with wedge hole EBD3W3. The Company has now completed four new wedge holes, two wedges from parent hole EBD2 (wedges 2W2,and 2W3) and two from EBD3 (wedges 3W2A and 3W3B). A fifth wedge hole EBD2W4 is ongoing and is currently drilling an indeterminate thickness of chalcopyrite dominated mineralisation. All of these new holes intersected copperbearing sulphides at or about the target depths. Full details of the intersections are provided below in the relevant sections. The most significant intersections were in 3W3B and 2W3, which encountered: 3W3B: 36m of bornite-dominated mineralisation from 804m in its upper lode, followed by a second, lower, lode consisting of 10m of mixed chalcopyrite and bornite mineralisation from 955m, for a total of approximately 46m of mineralised core, extending the known copper-rich bornite zone approximately 70m further to the south-east. 56m of chalcopyrite dominated mineralisation from 903m in EBD2W3; Both field logging and handheld XRF measurements have confirmed the presence of material amounts of copperbearing sulphides throughout the reported intervals. The Company is preparing all mineralised intercepts for assay and will release results to market as quickly as possible. Additional visual observations confirm that the copper bearing mineralisation extends over a laterally extensive area with significant new intersections including: 24.5m of chalcopyrite and 17m of bornite dominated mineralisation from 890m and 930m respectively in EBD2W2; and 8m from 816m and 4.5m from 833m of bornite dominated mineralisation (split by a fault zone) in the upper lode and 29.5m of blebby chalcopyrite and bornite from 903m in the lower lode of EBD3W2A. These results by themselves are highly encouraging; however, when taken in context with previous drilling they clearly demonstrate that the mineralised envelope extends to the north and southeast, with the mineralisation remaining open in both directions. Coda plans to test both these directions but will prioritise the testing of extensions of the bornitedominated core to the south in the short term with the next planned hole targeting an extension of approximately 250m in the southeast. Results from this hole are anticipated early in the New Year.