Kodiak Copper shares assay results from three drill holes at the West Zone on the MPD Project
July 31, 2023 at 10:55 am EDT
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Kodiak Copper CEO Claudia Tornquist joined Steve Darling from Proactive to share news about the company's latest assay results from its fully funded drill program at the West Zone on the MPD Project.
Tornquist revealed that the drilling at the West Zone has confirmed porphyry mineralization from surface over an impressive area of 300 meters by 300 meters and extending to a depth of up to 819 meters. These results demonstrate that the mineralization extends well below historic drilling and remains open for further exploration.
Furthermore, the company has made some significant discoveries during the drilling process. They have identified a new zone of structurally hosted high-grade copper-gold-silver mineralization to the east of the West Zone.
Additionally, Kodiak Copper encountered mineralized hydrothermal breccia during the drill, a notable first for the MPD project. The presence of copper-mineralised clasts in the breccia suggests the potential for additional undrilled mineralization at deeper levels. The best drill hole reported was AXE-23-001, which intersected significant mineralization from the bedrock surface to 539 meters depth.
The assay results for this hole include 0.28% copper, 0.28 grams per tonne gold, and 0.83 grams per tonne silver over 158 meters, within a broader interval of 0.18% copper, 0.20 grams per tonne gold, and 0.61 grams per tonne silver over 533 meters.
These assay results indicate the presence of substantial copper, gold, and silver mineralization in the West Zone and further highlight the potential of the MPD Project. Kodiak Copper's ongoing exploration efforts and discoveries suggest promising prospects for the company's future growth and development in the mining sector.
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Proactive Canada
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Kodiak Copper Corp. is a Canada-based company that consists of the exploration and development of base and precious metals throughout North America. The Company is focused on its 100% owned copper porphyry projects in Canada and the United States. The Companyâs projects include MPD Copper-Gold Porphyry Project, Mohave Copper-Molybdenum-Silver Porphyry Project and Kohuna Diamond Project. The MPD Copper-Gold Porphyry Project has approximately 226 square kilometers of the land package in South-Central British Columbia (BC). The Companyâs MPD Project consists of four properties, which include Man, Prime, Dillard and Axe. Mohave Copper-Molybdenum-Silver Porphyry Project covers over 10.4 square kilometers of the land package. Kahuna Diamond Project has a land holding, mineral tenure to over 805 square kilometers and additional diamond rights covering an adjacent approximately 928 square kilometers, which is located in Nunavut, Canada.