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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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Technical Study