Kodiak Copper files NI 43-101 technical report on MPD

Executive Summary

• Kodiak Copper Corp. filed an NI 43‑101 technical report announcing initial mineral resource estimates for four of seven zones at the MPD copper‑gold project in southern British Columbia.
• The reported indicated resource totals 56.4 M tonnes grading 0.42 % CuEq (385 M lb Cu and 250,000 oz Au); inferred resources total 240.7 M tonnes grading 0.33 % CuEq (1,291 M lb Cu and 960,000 oz Au).
• A full resource estimate for all seven zones is planned for Q4 2025, with additional drilling underway on the remaining three zones.

Key Details

• Indicated Resource: 56.4 million tonnes @ 0.42 % CuEq → 385 M lb copper and 250,000 oz gold.
• Inferred Resource: 240.7 million tonnes @ 0.33 % CuEq → 1,291 M lb copper and 960,000 oz gold.
• Cut‑off Grade: Base case 0.2 % CuEq; sensitivity cases examined from 0.12 % to 0.22 % CuEq showing higher tonnage at lower cut‑offs (grades decline accordingly).
• Resource Model Basis: Open‑pit design shells applied; resources constrained within pit shells.
• Expansion Potential: Mineralization remains open for expansion in multiple directions and at depth across all zones.
• Future Work: Full MRE for all seven zones (including west, adit, south zones) targeted for completion in Q4 2025; confirmation and infill drilling ongoing as part of 2025 exploration program.
• Qualified Persons: Report prepared by Alfonso Rodriguez (Apex Geoscience Ltd.), James Gray (Advantage Geoservices Ltd.), Shane Tad Crowie (JDS Energy & Mining Inc.) – all independent QPs per NI 43‑101; effective date June 25 2025.
• Stock Option Grant: 32,000 options granted to an adviser at $0.63 per share, exercisable over five years (one‑third vesting immediately, one‑third annually).

Notable Quotes

(No direct CEO/President quotes were provided in the release.)