- Kodiak Copper (KDK) has mobilized a second drill rig to Kodiak’s 100% owned MPD copper-gold porphyry project
- Drilling this year has focused on extending the Gate Zone where Kodiak made a high-grade copper-gold discovery
- The second rig will initially assist in step out and infill drilling at Gate. As the year progresses, the company will move one of the rigs to the Dillard Zone
- MPD is a large, consolidated land package (147 km2) located near several operating mines
- Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA
- Kodiak Copper Corp. opened trading at C$1.90 per share
Kodiak Copper (KDK) has mobilized a second drill rig to Kodiak’s 100% owned MPD copper-gold porphyry project (MPD) in Southern British Columbia.
The company is executing a fully funded drill program of up to 30,000 metres in 2021.
Drilling this year has focused on extending the Gate Zone where Kodiak made a high-grade copper-gold discovery at the northern end of a one-kilometer long soil anomaly.
The second rig will initially assist in step out and infill drilling at Gate. As the year progresses, the company expects to move one of the rigs to the Dillard Zone, situated approximately 2 kilometres southeast of the current drilling. Dillard is a high-priority target similar to the Gate Zone, characterized by a substantial copper-in-soil anomaly, geophysical responses and encouraging mineralization in historic drilling.
Claudia Tornquist, President and CEO of Kodiak said,
“It is a truly exciting time for Kodiak as we follow up on our transformative Gate Zone discovery with a fully funded, significantly larger drill program. We are pleased with the progress of the program to date and are looking forward to accelerating the drilling at the Gate Zone. Our shareholders can expect the first results from this year’s drill campaign in a few weeks and a steady flow of drill results throughout the remainder of 2021.”
MPD is a large, consolidated land package (147 km2) located near several operating mines in the southern Quesnel Terrane, British Columbia’s primary copper-gold producing belt. The project is located midway between the towns of Merritt and Princeton, with year-round accessibility and excellent infrastructure nearby.
Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA.
Kodiak Copper Corp. opened trading at C$1.90 per share.
