Kodiak Copper hails more "impressive" drill results from the Gate Zone at MPD project; starts work at Dillard target
This year's exploration program is on track, said the company, adding that a large program was also planned for 2022
Company
Kodiak Copper Corp.
CVE:KDK
Kodiak Copper Corp. (TSX.V:KDK, OTCQB:KDKCF) is focused on the discovery of copper for a low carbon future by sustainably and responsibly exploring its copper porphyry projects in Canada and the USA. Kodiak Copper was founded by Chairman Chris Taylor, the founder and CEO of Great Bear Resources which was acquired by Kinross Gold in 2022 for $1.8B.The Company is led by Claudia Tornquist (former GM at Rio Tinto) and is a member of John Robins’ Discovery Group. The team has shown the ability to raise capital while protecting a tight share structure, and attracting strategic investors such as Teck Resources. The Company's most advanced asset is the 100% owned MPD copper-gold porphyry project in the prolific Quesnel Trough in southern British Columbia, Canada, where the Company made a discovery of high-grade mineralization in 2020 at the Gate Zone, which has since been expanded to considerable size. MPD has all the hallmarks of a district-scale, multi-centered porphyry system with several targets with similar signatures to the Gate Zone yet to be tested, and multiple new targets being generated across the large 147 square kilometre property. 2022 saw the discovery of a parallel porphyry trend at the nearby Prime Zone adding further upside and size potential to the Gate Zone, and the discovery of the Beyer Zone, a new high-grade gold-silver zone. With a lot more potential to be unlocked at MPD, Kodiak is looking forward to continuing its disciplined and systematic approach to exploration to generate value for shareholders through discovery success.
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Kodiak Copper boosts board with 'Indigenous relations' strategist and 'Social Innovator' Lana Eagle
Eagle is a member of the Whitecap Dakota First Nation in Saskatchewan and is an appointed member of British Columbia's Indigenous Business and Investment Council
Kodiak Copper says exploration program at MPD copper-gold project is progressing well and on budget
Two drill rigs will operate until the end of the 2021 program and so far the Gate Zone has extended the north-south extent of prospective sulphide-bearing, altered porphyritic host rock to 950m from 125m
Kodiak Copper restarts drilling at MPD copper-gold porphyry project
Thanking fire fighters and first responders, the company's CEO Claudia Tornquist said the "short interruption" would not have a "material impact on the large exploration program we are undertaking at MPD this year"
Kodiak Copper announces appointment of Nancy Curry to the position of head of Corporate Development
The company noted that Curry is a senior corporate communications and development professional with over 25 years of experience
Kodiak Copper hails first 2021 drill results from MPD project, which validate thesis that it hosts potential major porphyry system
Notably, the work has expanded the 2019 Gate zone discovery six times to a strike length of around 800m from 125m previously
Kodiak Copper adds a second rig to drill its MPD copper-gold project in British Columbia
The company said 2021 drilling is focused on extending the Gate Zone, where Kodiak Copper made a high-grade copper-gold discovery at the northern end of a one kilometer long soil anomaly
Kodiak Copper provides update on drill program at MPD copper-gold porphyry project in British Columbia
Six holes totaling 3,711 metres have been completed as of May 10, 2021, with plans to add a second rig in thesecond quarter
Kodiak Copper expands MPD project with acquisition of Axe property from Orogen Royalties
Axe spans 4,980 hectares and comprises four drill-proven copper-gold porphyry centres, with potential for additional targets similar to Kodiak's Gate zone discovery
Kodiak Copper resumes drilling program at MPD project
The company said plans for 2021 include up to 30,000 meters of drilling in several target areas at the copper-gold project, as well as further geophysical and geochemical surveying, prospecting, and geotechnical studies
Kodiak Copper starts drilling at MPD copper, gold project in British Columbia
The firm will sink 4,000 metres of diamond drilling to follow-up the recent Gate Zone discovery, and drill test an analogous high-priority target at the Dillard Zone
Kodiak Copper gets set for drill program to follow up on highest-grade copper-gold interval reported on MPD project
The company made the significant discovery in 2019 of 102 metres of 0.5% copper and 0.2 grams per ton gold