- Kodiak Copper Corp. (KDK) has reported a new high-grade gold-silver discovery on surface of the Beyer Zone
- The discovery was done from trenching at the wholly-owned MPD copper-gold porphyry project in southern British Columbia
- Approximately 14 metres of hydrothermally altered and mineralized rock has been exposed in the two trenches excavated to date, which remain open to extension
- Kodiak Copper Corp. is an exploration company focused on its 100-per-cent-owned copper porphyry projects in Canada and the USA
- Kodiak Copper Corp. opened trading at $0.95
Kodiak Copper Corp. (KDK) has reported a new high-grade gold-silver discovery on surface of the Beyer Zone.
The discovery was done from trenching at the wholly-owned MPD copper-gold porphyry project in southern British Columbia.
Trenching at the Beyer Zone was part of Kodiak’s broader regional exploration program to evaluate untested copper-gold targets across the MPD property.
This work has been conducted in parallel with the company’s fully funded 25,000-metre drill program on several copper-gold porphyry targets, from which further results will continue to be reported.
A 2022 surface sample taken prior to trenching the Beyer Zone assayed 14.15 grams per tonne (g/t) gold and 9.40 g/t silver.
Trench sampling expanded this new surface gold-silver discovery to 3.02 g/t gold and 24.18 g/t silver over 12 metres, including 5.29 g/t gold and 27.70 g/t silver over 2 metres in north-south Trench 22-015.
Trench sampling east-west also assayed 9.11 g/t gold and 24.00 g/t silver over 2 metres, with a parallel zone 8 metres west assaying 2.60 g/t gold and 10.10 g/t silver over 2 metres in Trench 22-016.
Approximately 14 metres of hydrothermally altered and mineralized rock has been exposed in the two trenches excavated to date, which remains open to extension.
“The Beyer gold-silver discovery is an exciting new development as it sits within a multi-kilometre, completely untested new gold-in-soil trend,” noted Claudia Tornquist, President and CEO of Kodiak.
“It is remarkable because this is the first time sizable intervals of high-grade gold-silver mineralization have been trenched at the MPD project,” she added.
Kodiak Copper Corp. is an exploration company focused on its 100-per-cent-owned copper porphyry projects in Canada and the USA.
Kodiak Copper Corp. opened trading at $0.95.
