Kodiak Copper drills 111.3 m of 0.46% CuEq at MPD

Executive Summary

• Kodiak Copper released first 2025 drill results from the south zone of its MPD copper‑gold porphyry project, confirming continuous near‑surface mineralization over a 950 m strike length.
• The flagship hole RC‑AXE‑25‑010 intersected 0.46 % CuEq over 111.3 m (including a higher‑grade interval of 0.62 % CuEq over 59.4 m).
• Results will feed into a mineral resource estimate for the south, west and adit zones expected in Q4 2025; additional drill results from west and adit zones are slated for release in Q3 2025.

Key Details

• Program Scope: 31 RC holes (3,598 m) + 13 diamond holes (1,405 m) = total 5,003 m drilled in 2025; south zone contributed 22 RC holes totaling 2,746 m.
• RC‑AXE‑25‑010: 0.39 % Cu, 0.10 g/t Au, 1.63 g/t Ag (0.46 % CuEq) over 111.3 m from 1.5 m depth; higher‑grade sub‑interval 0.51 % Cu, 0.13 g/t Au, 2.24 g/t Ag (0.62 % CuEq) over 59.4 m.
• RC‑AXE‑25‑016: 0.27 % Cu, 0.05 g/t Au, 2.54 g/t Ag (0.33 % CuEq) over 96 m from 4.6 m depth.
• RC‑AXE‑25‑006: 0.26 % Cu, 0.06 g/t Au, 0.99 g/t Ag (0.30 % CuEq) over 147.8 m; includes 0.37 % Cu, 0.09 g/t Au, 1.34 g/t Ag (0.44 % CuEq) over 51.8 m.
• Continuity: All 2025 south‑zone holes intersected mineralization; zone remains open in multiple directions and at depth.
• Future Work: Additional results from west and adit zones expected Q3 2025; full MRE for south, west, adit zones targeted Q4 2025, completing the initial MPD resource estimate by year‑end.
• QA/QC: Samples taken every foot, analyzed by Actlabs (ISO/IEC 17025:2015, ISO 9001:2015); internal QA/QC includes blanks, duplicates, and CRMs at a rate of 1 per 10 samples.
• Qualified Person: Dave Skelton, P.Geo., Vice‑President Exploration, NI 43‑101 qualified person, approved technical information.

Notable Quotes

“We are very encouraged by the consistency of mineralized intercepts over a substantial strike length at the south zone… These results not only confirm historic drilling but also significantly strengthen our confidence as we move toward adding the south zone to our mineral resource estimate for the MPD project.” – Claudia Tornquist, President & CEO

Additional Administrative Note:
* Kevin Tomlinson resigned from the board effective Aug. 25 2025; he will remain an adviser. (Administrative item, but does not affect the primary material drilling news.)