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Kodiak Reports Initial Mineral Resource Estimate on Four of Seven Mineralized Zones at the MPD Copper-Gold Project
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Kodiak Copper Corp. (TSXV: K...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Kodiak Reports Initial Mineral Resource Estimate on Four of Seven Mineralized Zones at the MPD Copper-Gold ProjectVancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the \"Company\" or \"Kodiak\") today reports the first part of its initial Mineral Resource estimate at the Company's 100%-owned MPD copper-gold project in southern British Columbia, which comprises four of seven mineralized zones. HighlightsSizable copper- gold initial Mineral Resource estimate (\"MRE\") delineated for four of seven mineralized zones outlined to date at MPD: Gate, Ketchan, Man and Dillard. Figure 1Indicated Mineral Resource: 56.4 million tonnes (Mt) grading 0.42% copper equivalent (CuEq) for 385 million pounds (Mlb) of copper (Cu) and 0.25 million ounces (Moz) of gold (Au). Table 1Inferred Mineral Resource: 240.7 million tonnes (Mt) grading 0.33% copper equivalent (CuEq) for 1,291 million pounds (Mlb) of copper (Cu) and 0.96 million ounces (Moz) of gold (Au). Table 1The MRE is defined using open pit design shells to constrain the Resource models and a cut-off grade of 0.2% CuEq. Sensitivity cases using lower cut-of grades have significantly higher tonnages and metal contents. Table 2Mineralization remains open for expansion within and beyond the MRE pit shells, in multiple directions and at depth.The full MRE for MPD is planned for completion in Q4 with the addition of three further mineralized zones (West, Adit and South), where confirmation and infill drilling is currently under way as part of the Company's 2025 exploration program (see news release June 18, 2025). The higher-grade, near surface mineralization identified at the West, Adit and South zones has the potential to make an important contribution to the full MRE. Figure 1Webinar: Thursday, June 26th @ 9:00am PT (register here)Join President & CEO Claudia Tornquist and Chairman Chris Taylor as they discuss the Initial Mineral Resource Estimate for Kodiak Copper's MPD ProjectClaudia Tornquist, President and CEO of Kodiak, said, \"The initial Resource estimate for MPD is an important strategic milestone for Kodiak and marks the culmination of six years of systematic exploration and district consolidation. The estimate released today is for only four of the seven mineralized zones that will form the full Mi...