Kodiak Copper Corp. (the “Company” or “Kodiak”) (TSX-V: KDK, OTCQB: KDKCF, Frankfurt: 5DD1) today reports results from soil geochemical, geophysical, prospecting and drilling from the 2024 exploration program on its 100% owned MPD copper-gold porphyry project in southern British Columbia. These results are from the northern and southern parts of the MPD property and further results from the newly acquired Aspen Grove claims in the northwest (see September 16, 2024, news release) will be released shortly.
Highlights
- Kodiak’s 2024 regional exploration program confirms that the Dillard East and Star target areas have significant copper-gold porphyry mineralization potential with new corroborating results from rock, soil and 3D Induced Polarization (3D-IP) surveys. These target areas have not yet been drill tested by Kodiak. Figure 1
- 3D-IP responses at Dillard East and Star are adjacent to, and on the flanks of significant kilometre-scale copper-in-soil anomalies, which also host prospecting results with porphyry-related copper and gold mineralization. Figures 2, 3 and 4
- Prospecting in 2024 discovered copper-gold-silver mineralized outcrops in two new areas at MPD (Dry Creek, Northstar), further highlighting the discovery potential across the entire MPD property. Figures 1 and 4
- The best grab sample fromthis year’s prospecting program assayed 1.07 % Cu, 0.05 g/t Au and 7.0 g/t Ag
- Kodiak’s 2024 Regional Exploration Program included the collection of 2,020 soil samples, 65 rock samples, a 3D-IP survey over seven square kilometres, geological and geotechnical studies
- Kodiak completed 9,252 metres of drilling in 25 holes in seven target areas in 2024. Results from the final six holes of the 2024 drill program are reported herein.
- The Company is incorporating all 2024 exploration results into VRIFY’s predictive AI modelling, thereby updating targets and identifying new ones for follow-up in 2025.
Claudia Tornquist, President and CEO of Kodiak said, “Today’s results from our regional exploration work once again highlight the prospectivity of our MPD project by adding two new targets and upgrading existing targets across the property. While the definition of a maiden resource estimate for MPD is an important focus for Kodiak in 2025, we also plan to drill further targets this year with the aim to make the next discovery. We are particularly excited about the exploration potential on the new Aspen Grove claims that we acquired in September and will be able to share an update regarding that portion of our property soon.”
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