Codrus Minerals Receives Permit for Drilling at Oregon Gold Project; Shares Jump 30%

MT Newswires Live

2025/05/02

Codrus Minerals (ASX:CDR) received a permit to drill up to 30 drill holes totalling 14,000 meters at the Bull Run gold project in Oregon, according to a Friday Australian bourse filing.

The firm has been engaging with local drilling contractors familiar with the area to facilitate rapid mobilization to the site, and a contract award is imminent, per the filing.

It is also assessing historical data and advancing drill targeting and planning.

Codrus Minerals' shares jumped 30% in recent trading on Friday.

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