- Drilling is progressing on schedule at Kodiak Copper’s (KDK) MPD copper-gold porphyry project in southern British Columbia
- As of May 10, 2021, six drill holes totalling 3,711 metres have been completed at the project
- Plans for 2021 include 30,000 metres of drilling in several priority target areas, as well as further geotechnical studies, prospecting, and geophysical, geochemical, and environmental surveying
- Kodiak Copper is engaged in the exploration and development of base and precious metal assets
- Stock of Kodiak Copper Corp. (KDK) is steady, trading at $1.73 per share
Drilling is progressing on schedule at Kodiak Copper’s (KDK) MPD copper-gold porphyry project in southern British Columbia.
MPD is located in the prolific Quesnel Trough in south-central British Columbia, where the company made a discovery of high-grade mineralization within a wide mineralized envelope in 2020.
As of May 10, 2021, six drill holes totalling 3,711 metres have been completed at the project.
Claudia Tornquist, President and CEO of Kodiak, commented,
“It is a truly exciting time for Kodiak as we are following up on our transformative Gate Zone discovery with a fully funded and permitted, significantly larger drill program of up to 30,000 metres at the MPD project.”
She added,
“The pace of our drill program will accelerate as the year progresses with the addition of further drills and the testing of other target areas such as Dillard. Our shareholders can expect a steady flow of drill results throughout the remainder of 2021.”
In 2020, significant copper-gold mineralization at the Gate Zone was intersected across an area measuring 350 metres in width, over 100 metres in length, and 800 metres in depth.
New drilling at the Gate Zone in 2021 has intersected prospective, sulphide-bearing altered porphyritic host rock at least another 125 metres south and 75 metres north of last year’s drilling.
Plans for 2021 include the previously mentioned 30,000 metres of drilling in several priority target areas, as well as further geotechnical studies, prospecting, and geophysical, geochemical, and environmental surveying.
Kodiak Copper is a Canadian exploration stage company engaged in the exploration and development of base and precious metal assets.
