- Initial Mineral Resource Estimate includes 56.4 million tonnes Indicated and 240.7 million tonnes Inferred resources.
- Significant metal content: 385 million pounds of copper and 0.25 million ounces of gold (Indicated); 1,291 million pounds of copper and 0.96 million ounces of gold (Inferred).
- Kodiak Copper (OTCQB: KDKCF) plans to expand resource estimate by including three additional zones by Q4 2025.
Kodiak Copper Corp. (OTCQB: KDKCF) has released its initial Mineral Resource Estimate for four out of seven mineralized zones at its MPD copper-gold project in British Columbia. The estimate includes an Indicated Resource of 56.4 million tonnes with a copper equivalent grade of 0.42%, containing 385 million pounds of copper and 0.25 million ounces of gold. The Inferred Resource amounts to 240.7 million tonnes at 0.33% copper equivalent, containing 1,291 million pounds of copper and 0.96 million ounces of gold.
The current MRE encompasses the Gate, Ketchan, Man, and Dillard zones, and notably, the mineralization remains open for further expansion. Kodiak Copper plans to incorporate three additional zones—West, Adit, and South—into the complete Mineral Resource Estimate by Q4 2025.
The company employed a cut-off grade of 0.2% copper equivalent for this estimate, with sensitivity analyses indicating a significant potential for increased tonnage at lower cut-off grades. The MPD project continues to show great promise as Kodiak advances its exploration plans, including infill drilling, metallurgical testing, and further stakeholder engagement.
