Coda Minerals Limited announced he result of a downhole electromagnetic (EM) survey programme at the company's Emmie Bluff copper prospect. Geophysical consultants Zonge Geophysics completed downhole surveys on two recently drilled holes at the Emmie Bluff prospect, DD20EB0002 and DD20EB0006. Each hole survey had a specific individual objective: DD20EB0006: To determine the distance from the hole to the edge of mineralised Tapley Hill Formation shale which had been previously encountered in hole DD20EB0004; and DD20EB0002: To attempt to locate nearby Tapley Hill Formation shale which had been indicated by: the stratigraphy encountered in DD20EB0002, including a basal conglomerate in the Whyalla sandstone which is often associated with Tapley Hill Fm shale, copper bearing sulphides in vugs in a major fault below this conglomerate, suggesting proximity to a metalliferous fluid pathway 1, and the results of the seismic survey undertaken by Coda earlier in 2020. Following interpretation by Perth based geophysical consultancy Resource Potentials, Coda can confirm that both surveys appear to have successfully identified nearby conductors at stratigraphically appropriate depths, which have been interpreted as sulphide-bearing Tapley Hill Formation shale, the host unit for the target copper-cobalt-silver mineralisation. At hole DD20EB0006, the shale is interpreted as being located approximately 50m to the east of the hole. The nearest hole in that direction is DD20EB0004, which appears to have encountered mineralised Tapley Hill Formation black shale 2, and is located 300m due east of DD20EB0006. This effectively increases the envelope of suspected mineralisation by 250m in that direction. At hole DD20EB0002, the identified conductor has been modelled as being approximately 75m to the south east, and has been interpreted to be Tapley Hill Fm shale, which is the copper-cobalt host mineralisation. This would place it over 3,000m from the nearest mineralised hole. To date, all mineralised drill holes at Emmie Bluff have been encountered in or in close proximity to the existing Exploration Target. Based on the interpretation of the downhole EM survey, the identified conductor may represent a significant extension to Emmie Bluff as Coda continues to refine exploration targeting across material seismic and magnetotelluric (MT) geophysical anomalies south and east of the existing Exploration Target.