Kodiak Copper Corp. Expands Drill Program to 16,500 Metres, Accelerating Growth at MPD Copper-Gold Project

Kodiak Copper Corp., a prominent player in the mining industry, has recently announced a significant expansion of its drill program at the 100%-owned MPD copper-gold porphyry project in southern British Columbia. The program, which was initially set at 6,500 metres, has been increased to 16,500 metres with the addition of a second drill rig. This development is a testament to the company's commitment to accelerating growth and exploration at the site.

The MPD project, located in the prolific Quesnel Terrane, has been a focal point for Kodiak Copper Corp. due to its immense potential for copper and gold deposits. With seven deposits already identified, all of which are open to expansion in multiple directions, the company is eager to explore and define the full extent of the mineral resources available. The decision to increase the drill program is a strategic move aimed at fast-tracking the expansion of the initial Mineral Resource estimate (MRE) and potentially leading to new discoveries across the project's portfolio of targets.

The 2026 exploration program commenced in early May and is expected to continue through late autumn. Drilling initiated on the Ketchan deposit has already yielded 2,546 metres in 14 holes, showcasing the deposit's significant expansion potential. The Ketchan deposit is currently defined over approximately 1.4 kilometres, with an associated soil anomaly extending to over two kilometres. Moreover, multiple mineralized historic drill holes beyond the deposit are not included in the MRE due to insufficient drill hole density, further highlighting the area's potential for growth.

The mobilization of a second drill rig to the southern part of the property marks a significant milestone in the exploration program. A recently completed 3D Induced Polarization/Audio-Magnetotelluric survey on the West, Adit, and South deposits has provided valuable insights, paving the way for targeted drilling. The survey's findings, in conjunction with the drilling results, will be crucial in advancing resource expansion and identifying new exploration targets.

Claudia Tornquist, President and CEO of Kodiak Copper Corp., expressed her enthusiasm for the project's progress, stating, 'The 2026 exploration program at MPD is progressing very well, and the addition of a second drill will fast-track our progress as we advance resource growth opportunities across the project and test priority targets.' The company's optimism is well-founded, given the project's history and the geological indicators pointing to a substantial copper-gold resource.

As the exploration program unfolds, shareholders can anticipate a steady stream of news and updates, particularly with the first assay results expected by August. The incorporation of these results into an updated MRE, planned for Q1 2027, will provide a comprehensive overview of the project's potential and underscore the company's dedication to transparency and investor engagement. With its robust exploration strategy and commitment to growth, Kodiak Copper Corp. is poised to make significant headway in the mining sector, cementing its position as a leader in copper and gold exploration.