Northwire Canada EditionWednesday, November 11, 2026
Northwire
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Regional Exploration Highlights Potential for Resource Expansion and Identifies Targets at MPD Copper-Gold Project

Kodiak transitions from discovery to resource expansion as regional exploration confirms district-scale potential at MPD.

Executive Summary

The most recent news (February 24, 2026) reports results from the 2025 regional exploration program at the 100% owned MPD project in British Columbia. Key findings include a two-kilometre copper-in-soil trend at the Ketchan deposit, suggesting the resource could extend significantly beyond the currently defined 1.4-kilometre strike. Prospecting also yielded high-grade grab samples (up to 11.4% Cu and 23.8 g/t Au) at the Tomcat area. These results, alongside AI-generated targets, are being used to prioritize the 2026 drilling program, which is set to commence in the spring.

Material Impact

The news is Routine - Positive. While it confirms the potential for resource expansion, it consists of surface geochemical and prospecting data rather than fresh drill intercepts or a revised Mineral Resource Estimate (MRE). - Confirmation of Scale: The two-kilometre soil anomaly at Ketchan is a strong lead for the 2026 drill program to increase the Inferred Resource (currently 66 Mt at Ketchan). - De-risking: Identifying new targets like Tomcat and validating AI-generated "Areas of Interest" provides a pipeline of targets beyond the seven existing deposits. - Continuity: The news follows the January 2026 filing of the NI 43-101 Technical Report, showing management is moving quickly to execute the "Next Steps" outlined in that report.

KDK · Price
Company Overview

Kodiak Copper, part of the Discovery Group, is focused on the MPD copper-gold porphyry project in southern British Columbia. The project is a consolidated land package (357 sq km) in the Quesnel Terrane, located near operating mines like Copper Mountain. - Flagship: MPD Project. - Current Resource: 82.9 Mt Indicated (0.39% CuEq) and 356.3 Mt Inferred (0.32% CuEq) across seven zones. - Strategy: Using a "hub-and-spoke" model to develop multiple near-surface deposits that could feed a central processing facility.

Read the original news release →

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