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Kodiak Drills 192 m of 0.74% Copper and 0.48 g/t Gold (1.21% CuEq*), Within 515.8 m of 0.41% Copper and 0.22 g/t Gold (0.63% CuEq*)
Vancouver, British Columbia--(Newsfile Corp. - November 9, 2020) -  Kodiak Copper Corp. (...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Kodiak Drills 192 m of 0.74% Copper and 0.48 g/t Gold (1.21% CuEq*), Within 515.8 m of 0.41% Copper and 0.22 g/t Gold (0.63% CuEq*)Vancouver, British Columbia--(Newsfile Corp. - November 9, 2020) -  Kodiak Copper Corp. (TSXV: KDK) (the \"Company\" or \"Kodiak\") today reports further drill results from the Gate Zone from its ongoing fully funded exploration program at the 100% owned MPD copper-gold porphyry project. MPD is located near producing mines in the prolific Quesnel Trough in southern British Columbia, with excellent infrastructure and year-round accessibility from paved highways 5A and 97C.Results Include:A drill program with nine drill holes to date is ongoing near the northern end of an approximately one kilometre long copper-in-soil target. Figure 1.New drill hole MPD-20-005 returned 192 m of 0.74% copper, 0.48 g/t gold and 2.75 g/t silver (1.21% CuEq*) from 308 to 500 metres down hole. Table 1.This included a 45 metre central high-grade interval of 1.18% copper, 1.01 g/t gold and 4.00 g/t silver (2.13% CuEq*) from 401 to 446 metres down hole. Table 2.The total mineralized interval in MPD-20-005 was 515.8 m of 0.41% Copper, 0.22 g/t Gold and 1.50 g/t silver (0.63% CuEq*) from 223.5 to 739.3 metres down hole.Results are very similar to MPD-20-004, originally reported on October 22, 2020 and September 3, 2020, which assayed 535.1 metres of 0.49% copper, 0.29 g/t gold and 1.76 g/t silver (0.76% CuEq). Figure 2.All 9 drill holes completed to date or currently in progress have intersected prospective sulphide-bearing, altered porphyritic host rocks consistent with a well-developed alkalic porphyry system. Figure 3. Drilling to date has tested up to 500 metres of potential width of the Gate Zone, and only 125 metres of the approximately 1 kilometre strike length of the total copper-in-soil target.Claudia Tornquist, President and CEO of Kodiak said, \"Hole MPD-20-005 delivered another outstanding drill result from the newly discovered Gate Zone. This hole expands the central high-grade zone previously announced in hole MPD-20-004. Importantly, we are also starting to see significant size to the larger mineralized envelope, first identified in the near-surface by shallow historic drilling and extended down to a depth of over 800 metres by Kodiak. Our exploration program at MPD continues and Kodiak is well-fund with app...