Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Resource Estimate

Kodiak Copper files NI 43-101 report for MPD

By The Northwire Desk — AI Analysis Jan 23, 2026 · 17:22 KDK · 1.18 Kodiak Copper Corp.
KDK · Price

Executive Summary

  • Kodiak Copper Corp. has filed an independent NI 43-101 technical report containing the initial mineral resource estimate for its 100%-owned MPD copper-gold project in Southern British Columbia.
  • The initial estimate defines seven deposits (West, Adit, South, Gate, Ketchan, Man, and Dillard) with a total indicated resource of 82.9 million tonnes grading 0.39% CuEq and a total inferred resource of 356.3 million tonnes grading 0.32% CuEq.
  • The company outlined its 2026 work plan, including metallurgical testing, exploration drilling, and resource expansion, with a resource update expected in Q1 2027.

Key Details

  • Indicated Mineral Resource: 82.9 million tonnes at 0.39% copper equivalent (CuEq), containing 519 million pounds of copper and 390,000 ounces of gold.
  • Inferred Mineral Resource: 356.3 million tonnes at 0.32% CuEq, containing 1,889 million pounds of copper and 1.28 million ounces of gold.
  • Cut-off Grade: The base-case cut-off grade is 0.2% CuEq. Sensitivity cases using lower cut-offs (0.12% to 0.22% CuEq) show significantly higher tonnages and metal contents.
  • Deposit Scope: The MRE comprises seven deposits: West, Adit, South, Gate, Ketchan, Man, and Dillard. All deposits remain open for expansion in multiple directions and at depth.
  • Effective Date: The mineral resource estimate effective date is December 9, 2025. The technical report effective date is June 25, 2025.
  • Qualified Persons: The report was prepared by Alfonso Rodriguez (Apex Geoscience Ltd.), James Gray (Advantage Geoservices Ltd.), and Shane Tad Crowie (JDS Energy & Mining Inc.). Dave Skelton (VP Exploration) verified the technical information.
  • 2026 Work Plan & Catalysts:
    • Q1: Metallurgical test results; soil results and drill targets.
    • Q2 Onward: Resource expansion drilling; exploration drilling/testing new targets; geophysical programs.
    • Q1 2027: Resource update.
    • Ongoing: Structural studies, environmental baseline studies, and engagement with Indigenous rightsholders and local stakeholders.
  • Marketing Agreement: The company engaged Connect 4 Marketing Ltd. for digital marketing services for a 12-month term starting January 22, 2026, with a total budget of $200,000 plus taxes, payable in two tranches.

Notable Quotes

  • No direct quotes from the CEO or President were included in the provided text.
Read the original news release →

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