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Kodiak Extends the Central Gate Zone to East and at Depth: 150 m of 0.69% CuEq within 372 m of 0.47% CuEq
Vancouver, British Columbia--(Newsfile Corp. - March 8, 2022) - Kodiak Copper Corp. (TSXV: K...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Kodiak Extends the Central Gate Zone to East and at Depth: 150 m of 0.69% CuEq within 372 m of 0.47% CuEqVancouver, British Columbia--(Newsfile Corp. - March 8, 2022) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the \"Company\" or \"Kodiak\")  today reports drill results from the 100% owned MPD copper-gold porphyry project in southern British Columbia.Results from five additional holes drilled in 2021 at the Gate Zone are presented in this release. Drilling continues to intersect significant copper-gold grades over substantial intervals, defining a broad mineralized envelope surrounding a higher-grade central zone. New drill results have now extended the higher-grade central zone at Gate further to the east and to depth. The Gate Zone porphyry target remains open to extension in multiple directions.Highlights (complete results are shown in Table 1 and Figure 2):New drill hole MPD-21-029 intersected 150 metres of 0.50% Cu, 0.28 g/t Au and 1.86 g/t Ag (0.69% CuEq*) within a broader 372 metre interval of 0.35% Cu, 0.18 g/t Au and 1.16 g/t Ag (0.47% CuEq*) MPD-21-029 extends the central Gate zone eastward and to depth. As it ended in copper-gold mineralization, it demonstrates the zone remains open to extensionResults support the mineralized potential of high-priority drill targets identified by a recent 3D Induced Polarization (3D IP) geophysical survey, as reported on February 3, 2022The high-grade, bornite-chalcopyrite copper mineralization in MPD-21-029 suggests that a higher-temperature, mineralizing source for the central Gate Zone may lie to the east-southeast and at depth. Figure 3New drill hole MPD-21-028 intersected 51 metres of 0.43% Cu, 0.10 g/t Au and 1.67 g/t Ag (0.51% CuEq*) within a broader 130.6 metre interval of 0.27% Cu, 0.06 g/t Au and 1.07 g/t Ag (0.32% CuEq*)New drill hole MPD-21-027 intersected 72 metres of 0.31% Cu, 0.09 g/t Au and 0.55 g/t Ag (0.36% CuEq*) within a broader 173.0 metre interval of 0.18% Cu, 0.05 g/t Au and 0.37 g/t Ag (0.22% CuEq*)Claudia Tornquist, President and CEO of Kodiak, said, \"As we kick-off the 2022 exploration campaign at the MPD Project against the backdrop of a very strong copper market, we continue to be extremely pleased with the results from our 2021 drilling, with the Gate Zone consistently delivering long intercepts of high-grade copper-gold mineralizat...