June 25, 2025 – Vancouver, British Columbia – Kodiak Copper Corp. (the “Company” or “Kodiak”) (TSX-V: KDK, OTCQB: KDKCF, Frankfurt: 5DD1) 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.
Highlights
Sizable 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 1
Indicated 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 1
Inferred 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 1
The 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 gradeshave significantly higher tonnages and metal contents. Table 2
Mineralization 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 1
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