Kodiak Increases Drill Program to 16,500 Metres and Adds Second Drill Rig

About this update from Kodiak Copper Corp.

Vancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - Kodiak Copper Corp. (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") today provides an update on its fully funded 2026 exploration program at its 100%-owned MPD copper-gold porphyry project in southern British Columbia. Work is progressing well and the drill program has been increased from 6,500 metres to 16,500 metres with the addition of a second drill rig. Highlights Claudia Tornquist, President and CEO of Kodiak said, "The 2026 exploration program at MPD is progressing very well, and the addition of a second drill will fast-track our progress as we advance resource growth opportunities across the project and test priority targets. We continue to see considerable scope to expand our maiden resource and are excited by the prospect of new discoveries across our portfolio of targets. With the first assay results expected soon, our shareholders can look forward to strong news flow and many exploration results throughout the remainder of the year, leading to an updated resource estimate in 2027 that will reflect the results of the expanded drilling program."

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