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Kodiak's First Holes at South Zone Extend Copper Mineralization to Mid Zone and to Depth: 0.32% CuEq over 234 m from Surface Within 0.17% CuEq over 1053 m
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Kodiak Copper Corp. (TSXV...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Kodiak's First Holes at South Zone Extend Copper Mineralization to Mid Zone and to Depth: 0.32% CuEq over 234 m from Surface Within 0.17% CuEq over 1053 mVancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the \"Company\" or \"Kodiak\") today reports results from this year's drill program at its 100% owned MPD copper-gold porphyry project in southern British Columbia. Assay results from the first two holes drilled at the South Zone (see figure 1) are presented in this release.Highlights - Figures 2, 3 and 4, Table 1Kodiak's first two drill holes at the South Zone have significantly extended porphyry mineralization and linked historic shallow copper at the South and Mid Zones with a near continuous mineralized intercept in new drilling.Drill hole AXE-23-014 at the South Zone intersected 0.32% CuEq* over 234 metres from bedrock surface, within a broader zone of 0.17% CuEq* over 1053 metres, extending from 9 to 1062 metres downhole.Holes AXE-23-012 and 014 confirmed copper mineralization along 900 metres of strike and from surface to over 775 metres depth.Porphyry mineralization at the South Zone correlates well with a 2.3 kilometre long north-trending copper-in-soil anomaly downslope to the east and chargeability responses from historic 3D Induced Polarization (3D IP) surveying along trend. Kodiak's South Zone drilling, combined with historic soil geochemistry and 3D IP, suggests that the South, Mid and Adit Zones may be part of a much larger system that comprises all three zones.Kodiak's 2023 exploration program is now complete. 18,562 metres in 33 holes were drilled and the Company will provide further results from drilling as well as from 3D IP, soil sampling and prospecting over the upcoming months. Claudia Tornquist, President & CEO of Kodiak said, \"After our success at the West and Man Zones, the 2023 drilling has now extended a third porphyry zone to depth and along strike at the South Zone, once again demonstrating significant potential for larger copper-gold zones at MPD. We are particularly excited by the continuous copper in core linking the South and Mid Zones, which we interpret as a much larger system that could stretch all the way to the Adit Zone. Future work will include infill 3D IP and systematic drilling along this trend to gui...