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Kodiak Reports Additional Results from Gate and Prime Zones, Including 0.41% CuEq over 177 m within 0.31% CuEq over 358 m
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2023) - Kodiak Copper Corp. (TSXV: KDK...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Kodiak Reports Additional Results from Gate and Prime Zones, Including 0.41% CuEq over 177 m within 0.31% CuEq over 358 mVancouver, British Columbia--(Newsfile Corp. - January 23, 2023) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the \"Company\" or \"Kodiak\") today reports further results from the recently completed 2022 drill program of over 26,000 metres at the 100% owned MPD copper-gold porphyry project in southern British Columbia.Assay results reported herein extend the Prime mineralized envelope from bedrock surface to 780 metres depth, confirm the continuity of mineralization within the Prime and Gate Zones, and demonstrate the potential to expand copper-gold mineralization at depth and outward from Gate. Claudia Tornquist, President and CEO of Kodiak said, \"These results provide further proof of the extensive mineralized envelope associated with the Gate/Prime porphyry system which continues to grow and show strong continuity of mineralization. With copper prices rallying and long-term fundamental as strong as ever, there couldn't be a better time to advance a copper porphyry project, particularly one located in a safe jurisdiction and an established mining district with existing infrastructure like Kodiak's MPD project. Preparations are already under way for another substantial drill program in 2023 which will kick off later in Q1 and test several prospective targets at MPD such as the Dillard, Man, Blue, 1516 and Beyer Zones.\"HighlightsMPD-22-018 intersected both the Prime Zone in the near-surface, and the Gate Zone at depth. The Gate Zone portion intersected 177 metres of 0.32% Cu, 0.11 g/t Au and 1.13 g/t Ag (0.41% CuEq) within 358 metres of 0.25% Cu, 0.08 g/t Au, and 0.82 g/t Ag (0.31% CuEq). The upper Prime Zone intercept returned 156 meters of 0.14 % Cu, 0.10 g/t Au and 1.03 g/t Ag (0.22% CuEq). Table 1, Figure 2MPD-22-031 tested the north end of the copper-in-soil anomaly at the Prime Zone and intersected shallow mineralization beginning at only 33 metres depth. The drill hole returned 117 metres of 0.19% Cu, 0.23 g/t Au and 1.34 g/t Ag (0.36% CuEq) within 344 metres of 0.12% Cu, 0.12 g/t Au and 0.84 g/t Ag (0.22% CuEq). Table 1 Figure 2 MPD-22-020 was the deepest hole drilled at Prime and intersected 60 metres of 0.17% Cu, 0.31 g/t Au and 1.20 g/t Ag (0.40% CuEq) within 501 metres of 0.07% C...