17. June 2021 – Vancouver, British Columbia – Kodiak Copper Corp. (The “company Kodiak Corporation (TSX-V: KDK) today announced the mobilization of a second drilling rig at its owned MPD copper and gold porphyry (“MPD”) project in southern British Columbia, Canada. Here Kodiak will complete a fully funded drilling program with a drilling volume of 30,000 meters in 2021.
Digging is concentrated this year so far To expand the Gateway area, Kodiak made a high-quality copper and gold discovery at the northern end of the 1 km soil anomaly (see press release of 3 September 2020). The second rig will initially be used to support additional excavation (backfill and grading) in the gate area. Later in the year, the company plans to move one of the rigs to the Dillard area, about two kilometers southeast of the current drilling site. Dillard is a high priority target area that has similarities with the portal area and the likeAnd face the “copper anomaly in soil”, geophysical Signs of signs and promising mineralization in historical drilling areas.
Claudia Turnquist President and CEO of Kodiak, think about it: “We are in one very exciting stage For Kodiak, as we complete transformative discovery in the Gateway area with a much larger, fully funded drilling program right Now Explore in more detail. We are with the progress made so far under the program very satisfied and has become Holes in the gate area right Now to speed up more. Our shareholders can expect the first results of this year’s drilling campaign in a few weeks. For the remainder of 2021, drilling results will be published continuously.
MPD is a large, uniform land bundle (147 km2) located near several active mines in the south Quesnel Terrainbritish columbia major copper and gold production belt The project is located midway between the cities of Merritt and Princeton, with year-round access and excellent infrastructure in the immediate vicinity.