Company Updates From Management – Mon 22 Feb, 2021

Kodiak Copper – Following up on the recent step-out drill results from the Gate Zone on the MPD Project

Claudia Tornquist, President and CEO of Kodiak Copper (TSX.KDK – OTC:KDKCF) joins me to recap the drill results released on Tuesday February 16th. 5 holes were released all from the Gate Zone. These were step-out holes all with the goals of expanding the known resource close to surface. Headline numbers include 213 m of 0.65% Copper and 0.37 g/t Gold (1.00% CuEq) and 171 m of 0.62% Copper and 0.43 g/t Gold (1.03% CuEq).

Claudia and I discuss how big the known mineralization is at the Gate Zone as well as compare the copper grade in these results to the past drilling results. We also discuss the strategy of continuing to growth the size of the asset before issuing a resource. See Figure 1 from the news release (posted below) to better understand the potential size of the Gate Zone.

If you have any follow up questions for Claudia regarding any of the plans at Kodiak Copper please email me at Fleck@kereport.com.

Click here to read over the full news release.

Figure 1: “Plan map of the Gate zone showing results of all 2020 drilling.  Background data is contoured historic copper-in soil data that shows a 300 metre wide copper anomaly related to and extending over 1 kilometre south from the Gate Zone”