Source: Kodiak Copper Corp.
  • Kodiak Copper (KDK) has announced that drilling is to commence at the MPD Copper-Gold Porphyry Project in British Columbia
  • MPD is a large, consolidated land package (14,716 hectares) located in the southern Quesnel Terrane, B.C.’s primary copper-gold producing belt
  • Up to 25,000 metres of drilling planned in several target areas including the Gate Zone, Prime, Man, Dillard and Axe
  • Kodiak is focused on its 100 per cent owned copper porphyry projects in Canada and the US
  • Kodiak Copper Corp. opened trading at C$1.37 per share

Kodiak Copper (KDK) has announced that drilling is to commence within the next week at the MPD Copper-Gold Porphyry Project in British Columbia.

Highlights

  • Up to 25,000 metres of drilling planned in several target areas
  • Drilling will commence at the Gate Zone high-grade discovery
  • The Gate Zone remains open in multiple directions 
  • A one kilometre long anomaly 600 metres to the southeast of the Gate Zone will also be drilled
  • Other high-priority targets slated for drilling include Prime, Man, Dillard and Axe 
  • Kodiak expects further results from its 2021 drill program in the near future and in Q2 2022, for 12 holes remaining from 36 drilled (21,675 metres)

Claudia Tornquist, President and CEO of Kodiak remarked on the upcoming drill program.

“2022 promises to be another exciting year as we are embarking on a large drill program. It is important to keep in mind that we are still in the early stages of unlocking the potential of what appears a large, multi-center porphyry system at MPD. Not only is there significant potential to further extend the Gate Zone but it will be very exciting to apply the successful approach from Gate to multiple other high-priority drill targets on the property as we are aiming to make further high-grade discoveries at MPD.”

MPD is a large, consolidated land package (14,716 hectares) located near several operating mines in the southern Quesnel Terrane, British Columbia’s primary copper-gold producing belt. 

Kodiak is focused on its 100 per cent owned copper porphyry projects in Canada and the U.S. 

Kodiak Copper Corp. opened trading at C$1.37 per share.

More From The Market Online
Negotiating in a meeting room

Grid Battery Metals sets spin-off date for AC/DC Battery shares

Grid Battery Metals Inc. (TSXV:CELL) reveals April 25, 2024 as the date for distribution of AC/DC Battery Metals' common shares.
Arizona Metals - The Kay Mine gold and copper project in Arizona.

Multi-bagger penny stock announces high-grade expansion

Arizona Metals, a multi-bagger penny stock, announces high-grade results from expansion drilling at its Kay Mine project in Arizona.

Silver Spruce launches drilling program in Mexico

Silver Spruce Resources (TSXV:SSE) announces it has begun its 2024 drilling program at the Diamante project in Mexico.

Buzz on the Bullboards: Challenges amid inflation and geopolitical tensions

Canadian and U.S. stock markets grapple with a host of challenges, from surging inflation data to escalating tensions in the Middle East.