Kodiak Completes Shallow Infill Drilling at West and South Zones, Initial Resource Estimate Underway
Kodiak Completes Shallow Infill Drilling at
West and South Zones, Initial Resource
Estimate Underway
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2025) - Kodiak Copper Corp. (TSXV:
KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "
Company
" or "
Kodiak
") announces additional drill results
from the summer 2025 drill program at its 100% owned MPD copper-gold porphyry project in southern
British Columbia. The program focused on
short, near-surface infill
and confirmation drill holes at the
West, Adit, and South Zones. Results from 10 diamond drill holes totaling 1173 metres completed at the
West Zone and three diamond drill holes totaling 232 metres completed at the South Zone are
presented herein.
Highlights:
Drill results confirm
shallow, higher-grade mineralization at the West Zone, including
strongly elevated-gold values in several drill holes
.
Most drill holes
ended in mineralization
and the West Zone
remains open in several
directions
.
West Zone drill intersections include (Figures 2 & 3, Table 1):
AXE-25-009 intersected strong localized gold mineralization assaying
2.11 g/t Au, 0.21%
Cu and 1.20 g/t Ag over 7 meters
from 84 metres to 91 metres within
0.28 g/t Au, 0.14%
Cu and 0.54 g/t Ag (0.33% CuEq) over 103 metres
from 38 metres to 141 metres.
AXE-25-006 intersected
0.41% Cu, 0.15 g/t Au and 0.90 g/t Ag (0.51% CuEq) over 21
metres
from 81 metres to 102 metres within
0.22% Cu, 0.11 g/t Au and 0.74 g/t Ag
(0.29% CuEq) over 138 metres
from 3 metres to 141 metres.
Three additional holes were drilled at the northeastern extension of the South Zone (formerly Mid
Zone) in an area with limited previous drilling
.
The results
confirm near-surface mineralization
over a width of approximately 350 metres and suggest there is further potential to expand
the South Zone to the east
.
All results from the 2025 summer drill program have now been reported. Results will be used to
develop a
Resource Estimate for the West, South and Adit Zones
as part of the initial Mineral
Resource Estimate for the MPD Project planned for Q4 2025.
Resource estimation work remains on budget and on schedule.
Claudia Tornquist, President and CEO of Kodiak, said, "The West Zone keeps delivering attractive drill
results with this year's program confirming shallow, gold-rich mineralization and good grades seen in
past drilling. This bodes well for future economics and underscores the West Zone's important role for
the full MPD mineral resource estimate expected in the fourth quarter. At the South Zone, we received
encouraging results near surface from an area with very limited drilling, pointing to the potential to
expand this already substantial zone. We look forward to drilling this area further."
Figure 1:
MPD Project - location map and Mineral Deposits/mineralized zones. West Zone and final
South Zone results reported herein.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3803/267256_78cdc962a479e80c_002full.jpg
Figure 2:
Plan map showing West Zone drilling to date. New 2025 holes at West Zone reported herein
are bold traces with assays. Bar graphs show downhole copper (green) and gold (red) values for the
Kodiak drilling. Background is the colour-contoured copper-in soil data.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3803/267256_78cdc962a479e80c_003full.jpg
Figure 3:
West Zone - Holes AXE-25-001 to AXE-25-010 long section (looking west).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3803/267256_78cdc962a479e80c_004full.jpg
Drilling at the West Zone has intersected mineralization over an area of 650 metres by 300 metres and
from surface to a depth of 960 metres. The West Zone is interpreted to be open to the south and west,
as well as at depth. Copper and gold mineralization in the West Zone is hosted within diorite porphyry,
andesitic volcanic rocks, and heterolithic volcaniclastic breccia. The highest grade copper intersections
are associated with magnetite rich, skarn-style mineralization (locally up to 50% of the host rock) that
include highly elevated gold values (see
July 27, 2023 news release
). The 2025 drilling corroborated
historical results in the near surface and will be used to support the development of a Mineral Resource
at the West Zone.
Figure 4:
Plan map showing South Zone drilling to date. New 2025 holes at South Zone reported
herein are bold traces with assays. Bar graphs show downhole copper (green) and gold (red) values
for the Kodiak drilling. Background is the colour-contoured copper-in soil data.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3803/267256_78cdc962a479e80c_005full.jpg
Three additional holes, one of which was lost due to poor ground conditions, were drilled at the
northeastern extension of the South Zone (formerly called the Mid Zone). The South Zone consists of
altered and mineralized volcanic rocks and altered, coarse-grained monzonite porphyry stocks.
Mineralization is predominantly copper with lesser gold and minor molybdenum. The 2025 drill holes
reported herein are located to the east side of the South Zone and indicate a potential extension of the
zone. Drilling in this area is limited, and further work is warranted to determine the extent of the
mineralization and how it is related to the South Zone porphyry system.
Table 1:
2025 West and South Zone Weighted Assay Intervals for holes AXE-25-001 to AXE-25-013
(see Figures 2 & 3).
Hole
From (m)
To (m)
Interval** (m)
Cu %
Au g/t
Ag g/t
CuEq*
West Zone
AXE-25-001
17
129
112
0.17
0.08
0.66
0.23
AXE-25-002
30
123
93
0.16
0.17
0.60
0.27
Includes
33
57
24
0.31
0.29
1.07
0.51
AXE-25-003
13
102
89
0.15
0.20
0.64
0.29
AXE-25-004
18
66
48
0.17
0.13
0.53
0.26
AXE-25-005
18
39
21
0.08
0.10
0.41
0.15
And
52.5
63
10.5
0.12
0.35
0.85
0.36
AXE-25-006
3
141
138
0.22
0.11
0.74
0.29
Includes
33
42
9
0.67
0.15
2.75
0.79
and includes
81
102
21
0.41
0.15
0.90
0.51
AXE-25-007
9
84.8
75.8
0.13
0.21
0.62
0.27
AXE-25-008
0.3
60
59.7
0.24
0.12
0.79
0.32
Includes
33
47
14
0.58
0.18
1.56
0.70
And
99
114
15
0.11
0.11
0.70
0.19
AXE-25-009
9
21
12
0.15
0.10
0.49
0.22
And
37.5
141
103.5
0.14
0.28
0.54
0.33
Includes
84
91
7
0.21
2.11
1.20
N/A
and includes
105
114
9
0.46
0.27
1.15
0.64
AXE-25-010
2
22
20
0.16
0.13
0.46
0.24
And
44.5
56.5
12
0.08
0.03
0.35
0.10
And
88
94
6
0.22
0.16
1.25
0.33
South Zone
AXE-25-011
49.6
60
10.4
0.07
0.02
1.31
0.09
AXE-25-012
10.5
16.5
6
0.34
0.03
75.96
N/A
AXE-25-013
15
131
116
0.14
0.03
3.01
0.17
includes
75.9
131
55.1
0.19
0.03
3.70
0.23
*Copper equivalent grades (%CuEq) are for comparative purposes only to express the combined abundance of copper, gold, and silver.
Metallurgical recovery is assumed as 82% for copper, 60% for gold and 54% for silver as determined by Kodiak metallurgical testing as stated in
the Mineral Resource Estimate (see
news release June 25, 2025
). Metal prices used in calculations are: US$4.20/lb copper, US$2,600/oz gold,
and US$30/oz silver, using the formula: CuEq = Cu(%) + Au(g/t) x 0.6606 + Ag(g/t) x 0.0069
**Intervals are downhole drilled core intervals. Drilling data to date is insufficient to determine true width of mineralization.
Table 2:
2025 Diamond Drill Collar Information: West and South Zones
Hole ID
Easting
(UTM Z10)
Northing
(UTM Z10)
Elevation
(m)
Azimuth
(degrees)
Dip
(degrees)
EOH
(m)
Reported
AXE-25-001
677391
5502769
1387
0
-90
152.5
West
AXE-25-002
677394
5502819
1391
270
-65
123
West
AXE-25-003
677389
5502889
1398
0
-90
102
West
AXE-25-004
677387
5502888
1398
270
-50
93
West
AXE-25-005
677388
5502890
1398
90
-55
103.5
West
AXE-25-006
677382
5502968
1404
90
-75
149
West
AXE-25-007
677399
5503050
1410
90
-70
84.8
West
AXE-25-008
677406
5503126
1414
270
-65
120
West
AXE-25-009
677491
5503126
1416
210
-60
147
West
AXE-25-010
677344
5503020
1402
0
-90
98.5
West
AXE-25-011
678655
5502112
1214
145
-45
84.2
South
AXE-25-012
678624
5502129
1218
210
-45
16.5*
South
AXE-25-013
678624
5502129
1218
210
-45
131
South
* Drill hole did not reach target depth.
Sampling, Laboratory Analyses and QA/QC Procedures
All core samples are delivered to accredited laboratory Activation Laboratories Ltd. (Actlabs)
Kamloops, BC, for preparation and Fire Assay prior to being shipped to their Ancaster, Ontario
Laboratory for Multi-element analysis. The samples are analyzed for gold by fire assay fusion with an AA
finish. If samples return gold values over 10ppm, samples are reanalysed by fire assay with gravimetric
finish. Samples then undergo four acid digestion and ICP-OES and ICP-MS analysis for 48 elements.
Samples that return copper values above 10,000 ppm are further analysed using a "near-total" digestion,
ICP-OES package. Actlabs meets all requirements of International Standards ISO/IEC 17025:2015 and
ISO 9001:2015 for analytical procedures. In addition to Actlabs quality assurance-quality control
(QA/QC) protocols, Kodiak implements an internal QA/QC program that includes the insertion of sample
blanks, duplicates, and certified reference materials, at a rate of one per ten samples.
Dave Skelton, P.Geo., Vice President Exploration and the Qualified Person as defined by National
Instrument 43-101, has approved and verified the technical information used in this news release.
On behalf of the Board of Directors
Kodiak Copper Corp.
Claudia Tornquist
President & CEO
For further information, contact:
Nancy Curry, VP Corporate Development
+1 (604) 646-8362
About Kodiak Copper
Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA that have been
historically drilled and present known mineral discoveries with the potential to hold large-scale deposits.
Kodiak Copper's most advanced asset is the 100% owned MPD copper-gold porphyry project in the
prolific Quesnel Terrane in south-central British Columbia, Canada, a mining district with producing
mines and excellent infrastructure. MPD exhibits all the hallmarks of a major, multi-centered porphyry
district with the potential to become a top-tier mine. To date, drilling has outlined seven substantial
mineralized zones across the property, and Kodiak is delivering an Initial Resource estimate for MPD in
2025. The estimate for the first four mineralized zones has already highlighted the project's scale and
potential. Drill results on the remaining three zones from Kodiak's 2025 exploration program will be
incorporated into the full Initial Resource estimate, expected by year end. With known mineralized zones
open to expansion and multiple untested targets, Kodiak continues to systematically explore the district-
scale potential of MPD to build critical mass and make the next discovery.
Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with
Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most
successful mining entrepreneurs in Canada.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statement (Safe Harbor Statement): This press release contains forward-looking
statements within the meaning of applicable securities laws.
The use of any of the words "anticipate",
"plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict",
"potential" and similar expressions are intended to identify forward-looking statements.
In particular,
this press release contains forward-looking statements concerning the Company's exploration plans.
Although the Company believes that the expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be placed on the forward-looking
statements because the Company cannot give any assurance that they will prove correct.
Since
forward-looking statements address future events and conditions, they involve inherent assumptions,
risks and uncertainties.
Actual results could differ materially from those currently anticipated due to a
number of assumptions, factors and risks.
These assumptions and risks include, but are not limited
to, assumptions and risks associated with conditions in the equity financing markets, and
assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward-looking
statements in this press release in order to provide readers with a more comprehensive perspective
on the Company's future operations.
The Company's actual results, performance or achievement
could differ materially from those expressed in, or implied by, these forward-looking statements and,
accordingly, no assurance can be given that any of the events anticipated by the forward-looking
statements will transpire or occur, or if any of them do so, what benefits the Company will derive from
them.
These forward-looking statements are made as of the date of this press release, and, other than
as required by applicable securities laws, the Company disclaims any intent or obligation to update
publicly any forward-looking statements, whether as a result of new information, future events or results
or otherwise.
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