RSS SubscribeJune 12, 2024 – Vancouver, British Columbia – Kodiak Copper Corp. (the “Company” or “Kodiak”) (TSX-V: KDK, OTCQB: KDKCF, Frankfurt: 5DD1) today reports that the Company is mobilizing two drill rigs to start the 2024 Exploration Program at its 100% owned MPD copper-gold porphyry project in southern British Columbia.
2024 Exploration Program Highlights
- Kodiak is planning a drill program of 10,000 metres, focused on multiple drill-ready targets in the MPD North and South Project areas, with the goal of locating high-grade mineralization, expanding the near-surface mineralization around known zones, and making new discoveries.
- Six target areas are slated for drilling in 2024: two at MPD North (Belcarra and Blue) and four at MPD South (1516, South, Adit and Celeste). The targeting strategy involves the integration of targets developed by Kodiak’s exploration team and VRIFY AI’s predictive modeling. Figure 1
- VRIFY AI has recognized nine additional Areas of Interest, either adjacent to known copper-porphyry zones (Gamma, Zeta, Epsilon, Lambda, Omega and Sigma), or as new priority regions (Omicron, Iota and Tau) which will be followed up in 2024. Figures 2 and 3
- 25-line kilometres of new 3D Induced Polarization (3D IP) surveying and a 2,000-sample soil geochemical survey is proposed to advance VRIFY AI Areas of Interest to drill-readiness. Geological mapping and prospecting will also be carried out in key areas.
- Regional exploration in 2023 identified five new targets at MPD (see news release February 21, 2024): Agie, Leeside, Celeste, Orbit and Comet. Additional ground exploration will advance these for future drill testing.