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Kodiak Copper Corp (KDKCF) is a Vancouver-based company focused on its 100% owned copper porphyry projects in Canada and the USA. The company's flagship asset is the MPD copper-gold porphyry project in southern British Columbia, where recent exploration results have led to the discovery of multiple mineralized zones. Kodiak's exploration strategy involves integrating innovative AI technology from VRIFY to enhance target selection and drilling efficiency. With a planned 10,000-meter drill program for 2024, Kodiak aims to further delineate high-grade mineralization, expand near-surface mineralization, and make new discoveries.
Kodiak Copper Corp. (KDKCF) has reported its first regional exploration results from the MPD Northwest claims acquired in autumn 2024. The highlight is the Ketchan Zone, which will be included in the upcoming MPD mineral resource estimate. The zone shows significant near-surface, high-grade copper-gold mineralization, extending over 1,800 by 500 meters.
Key findings include bedrock grab samples from 2024 confirming high-grade mineralization at Ketchan, with best samples assaying 0.55% Cu, 0.32 g/t Au, 0.5 g/t Ag and 0.38% Cu, 0.78 g/t Au, 1.7 g/t Ag. The company has also acquired additional strategic claims, including the Delorme claims near Ketchan and the Tom claim with historic high-grade showings.
The MPD Northwest package spans 118 square kilometers and contains 18 mineral occurrences, including six with significant porphyry-related copper-gold deposits. The Ketchan Zone is located 4.5 kilometers from the high-grade Gate Zone, suggesting potential operational synergies.
Kodiak Copper Corp. (KDKCF) has reported results from its 2024 exploration program at the MPD copper-gold porphyry project in British Columbia. The program revealed significant findings at the Dillard East and Star target areas, showing copper-gold porphyry mineralization potential through new 3D-IP surveys, soil sampling, and prospecting results.
Key findings include the discovery of copper-gold-silver mineralized outcrops in two new areas (Dry Creek, Northstar), with the best grab sample assaying 1.07% Cu, 0.05 g/t Au and 7.0 g/t Ag. The 2024 program included 2,020 soil samples, 65 rock samples, and a 3D-IP survey covering seven square kilometers. The company completed 9,252 metres of drilling in 25 holes across seven target areas.
The soil geochemical surveys revealed metallic anomalies in all surveyed grids, with copper values up to 1,500 ppm and gold values up to 0.520 ppm. The company plans to incorporate these results into VRIFY's predictive AI modeling to update targets for 2025 exploration.
Kodiak Copper Corp. (KDKCF) has initiated work on a National Instrument 43-101 compliant resource estimation for its wholly-owned MPD copper-gold porphyry project in Southern British Columbia. Seven zones are being evaluated for the resource estimate: Gate/Prime, Man, Dillard, Ketchan, West, Adit, and South/Mid.
Some mineralized zones will not require additional drilling for resource estimation, while others will undergo confirmation and infill drilling in 2025. The resource work will proceed alongside ongoing exploration activities, including the development of targets on the newly acquired Aspen Grove claims. Initial results are expected in the first half of the year.
The company has engaged James Gray of Advantage Geoservices , an independent Qualified Person, to perform the resource estimation.
Kodiak Copper Corp. (KDKCF) has released its annual investor letter highlighting achievements at its 100% owned MPD Project in Southern British Columbia. The company plans to develop a mineral resource at MPD in 2025, marking a significant milestone. Throughout 2024, Kodiak has drilled over 85,000m and defined ten mineralized zones, including the high-grade Gate Zone and significant discoveries at West and Adit Zones.
The company expanded its presence through the acquisition of Aspen Grove, adding substantial near-surface, high-grade copper-gold mineralization including the Ketchan Discovery. Kodiak implemented AI mineral targeting software to enhance exploration efficiency. The company maintains a strong financial position, having raised $6.9M in June, bringing total funding to over $40M, while maintaining a tight share structure with 76M shares outstanding.
Located between Teck's Highland Valley and Hudbay's Copper Mountain mines, MPD benefits from existing infrastructure and year-round accessibility, resulting in low exploration costs. The project currently spans 338km² and hosts twenty additional untested targets.
Kodiak Copper reports significant drill results from its MPD copper-gold project in British Columbia. The company discovered new shallow high-grade copper mineralization in a 200-metre step-out from the Adit Zone. Key findings include hole AXE-24-015, which ended in high-grade mineralization assaying 0.73% CuEq over 4 metres. The drilling extended the Adit Zone's north-south strike to 500 metres, with mineralization remaining open in several directions. All mineralization at Adit is within 350 metres of surface. The company has now intersected copper mineralization across two kilometres of north-south strike from the South Zone to the Adit Zone.
Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) has reported drill results from its 2024 program at the MPD copper-gold porphyry project in British Columbia. The company has extended the high-grade Adit Zone, intersecting 0.45% CuEq over 139 m near surface. Key highlights include:
- Drill hole AXE-24-009 intersected 0.31% CuEq over 327 metres, including 0.45% CuEq over 139 metres
- Drill hole AXE-24-011 intersected 0.20% CuEq over 450 metres, including 0.26% CuEq over 293 metres
- The Adit Zone has been extended to over 400 metres of strike length and remains open in several directions
- All mineralization drilled at Adit is within 350 metres of surface
The company has completed 9,252 metres of drilling in 25 holes across seven targets in 2024. Results from the remaining drilling will be reported throughout Q4 2024 and Q1 2025.
Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) has announced the acquisition of the Aspen Grove Copper-Gold Property from Pinwheel Resources This strategic move expands Kodiak's MPD Project in Southern British Columbia by 112 square kilometers, bringing the total land holdings to 338 square kilometers. The Aspen Grove property includes the Ketchan Discovery, a large porphyry center located 4.5 kilometers from Kodiak's Gate Zone.
Key highlights of the acquisition include:
- 186 historic drill holes totaling 15,582 meters
- 18 known mineral occurrences
- Significant copper-gold mineralization at the Ketchan Prospect
- Historic drill results including 266 meters of 0.26% Cu and 0.11 g/t Au
The transaction involves Kodiak issuing 1,400,000 shares to Pinwheel, subject to TSX-Venture Exchange approval. The acquisition is expected to enhance Kodiak's potential for large-scale copper-gold porphyry mineralization in the region.
Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) has reported high-grade copper intersections from its first drill hole at the Adit Zone of the MPD copper-gold porphyry project in British Columbia. The standout result was 0.76% CuEq over 156 meters, within a broader interval of 0.46% CuEq over 357 meters. This drilling has extended the known mineralization and suggests the Adit Zone is part of a larger porphyry system. The mineralization remains open in several directions and is within 200 meters of the surface, enhancing its potential economic viability. Additional drilling is ongoing with results pending. The company also reported results from exploratory drilling at the Belcarra Target, which confirmed some copper mineralization.
Kodiak Copper Corp. has released its annual ESG report through Digbee, earning an 'AA' rating, the highest score for any exploration company on the platform. This marks an improvement from last year's 'A' rating.
The company has maintained carbon neutrality by purchasing offsets from the Great Bear Forest Carbon Project and aims to reduce carbon emissions by 20% per operational day by 2030, using 2023 as a baseline.
Kodiak's ESG efforts reflect their commitment to sustainable and responsible exploration, laying the groundwork for future mining project developments. Detailed reports are available on Kodiak's website.
Kodiak's carbon neutrality efforts not only offset emissions but also support job creation within First Nations' communities in British Columbia.
Kodiak Copper has announced the commencement of its 2024 Exploration Program at the MPD copper-gold porphyry project in southern British Columbia.
The program involves mobilizing two drill rigs to execute a 10,000-meter drilling plan across multiple targets in the MPD North and South areas, aiming to find high-grade mineralization and expand known zones.
The program integrates VRIFY AI's predictive modeling, which has identified nine additional areas of interest for further exploration. The company is also conducting a 25-line kilometer 3D Induced Polarization survey and a 2,000-sample soil geochemical survey.
CEO Claudia Tornquist stated that recent financing ensures full funding for this substantial drill program, focusing on high-confidence targets and new discovery potentials.
Figures and detailed maps related to the exploration targets are available online.
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