Dunnedin Provides Update, Reports New Pipe Targets To Be Drilled At Kahuna

About this update from Kodiak Copper Corp.

[{"type":"text","content":"Dunnedin Provides Update, Reports New Pipe Targets To Be Drilled At Kahuna(via TheNewswire)\n \n \nAugust 24, 2017 / TheNewswire / Vancouver, BC, Canada. - Dunnedin Ventures Inc. (the \"Company\" or \"Dunnedin\") (TSX-V: DVI) today provided an update on diamond exploration and permitting progress. \n\n \n \nThe Company has focused on a priority region of high quality Diamond Indicator Minerals (\"DIMs\") correlated to a number of geophysical targets consistent with kimberlite pipes, as shown on Figure 1. Three of these targets have been \"boxed\" by till sampling and are drill-ready, as DIM concentrations have been found down-ice from the targets, but not up-ice with respect to glacial transport. Elsewhere on the project, field crews have also identified a pipe or \"dyke-blow\" target along strike of a proven diamond-bearing kimberlite dyke. Drilling of these targets is planned for winter 2017-2018.\n\n \n \nDunnedin further reports that all required land use, water use and access permits have now been received from local, territorial and federal governments to allow a winter drill program. The Company is sufficiently funded to execute the planned drilling.\n\n \n \nNew Cluster of Kimberlite Pipe Targets\n\n \n \nA priority area of interest is located east of the Kahuna kimberlite dyke and is notable for having:\n\n\n \n\n\n??3 drill-ready kimberlite pipe targets that have sourced high quality DIMs in tills, including clinopyroxenes with chemical signatures associated with large diamonds recovered from diamond-producing mines \n\n\n\n \n \n\n\n??19 additional high priority DIM occurrences observed by Dunnedin to-date that are currently being assessed by field crews, \n\n\n\n \n \n\n\n??More than 30 geophysically suggested kimberlite pipe targets within a 5 kilometre radius, and \n\n\n\n \n \n\n\n??10 historically drill-confirmed kimberlite pipes \n\n\n\n\n \nWhile the area was also historically explored, none of the new targets specifically defined by Dunnedin have been drilled. Dunnedin's exploration methods differ from historical techniques by employing proprietary DIM classification filters developed by the Company's advisor Dr. Charles Fipke, and used during the original Canadian diamond discovery at Ekati. These filters highlight diamond-bearing kimberlites as priority targets, and allow the Company to avoid kimberlites wit...

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