Kodiak Initiates Metallurgical Testwork Program for MPD Copper-Gold Project; Exhibits at PDAC Core Shack
Rhea-AI Summary
Kodiak Copper (OTCQB: KDKCF) has launched a metallurgical testwork program for its wholly-owned MPD copper-gold porphyry project in Southern British Columbia. The program, managed by JDS Energy and Mining Inc., will support the company's maiden mineral resource estimate announced in January 2024.
The laboratory work will be conducted at Blue Coast Research under the supervision of JDS Senior Metallurgist Tad Crowie, P.Eng. The program will include samples from six zones at MPD: Gate-Prime, Man, Dillard, West, Adit and South-Mid, focusing on recovery by flotation. Results are expected in Q2 2025.
Additionally, Kodiak will be presenting at the 2025 PDAC Convention in Toronto from March 2-4, showcasing drill core from the MPD project at booth #3119A in the Core Shack and maintaining presence at booth #2630 in the Investor Exchange.
Positive
- Initiated metallurgical testing to support maiden mineral resource estimate
- Engaged experienced mining consultancy JDS Energy and Mining
- Testing program covers all six major zones of MPD project
Negative
- None.
News Market Reaction – KDKCF
On the day this news was published, KDKCF declined 7.19%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") today reports that it has commenced a metallurgical testwork program for its
Kodiak has engaged JDS Energy and Mining Inc. ("JDS") to manage the metallurgical testwork program for MPD. JDS is an international mining consultancy with extensive experience across a wide range of deposit types and metals, including many porphyry copper projects in British Columbia. The laboratory work will be conducted at Blue Coast Research under the supervision of JDS Senior Metallurgist Tad Crowie, P.Eng, an independent Qualified Person as defined by National Instrument 43-101. Blue Coast Research is a leading provider of metallurgical testing services for the global mining industry, with strong expertise in flotation flowsheet development.
The testwork program will include samples from six zones at MPD: Gate-Prime, Man, Dillard, West, Adit and South-Mid (see Figure 1) and will focus on recovery by flotation. The information developed from the program will be used to support the upcoming resource definition work and guide development of the project in the future.
Claudia Tornquist, President and CEO of Kodiak said, "The commencement of our metallurgical testwork program marks an important milestone in advancing our MPD copper-gold project toward a robust mineral resource estimate We are looking forward to the results of this work in Q2 and to more catalysts and strong news flow from our resource modelling and exploration work throughout the year."
PDAC Investor Exchange & Core Shack Participation
Kodiak will be attending the 2025 Prospector Developers Association Convention in Toronto (PDAC) March 2nd to the 4th at booth # 2630 in the Investor Exchange. In addition, Kodiak has been selected to present drill core from its flagship MPD copper/gold project located in southern British Columbia in the Core Shack on Sunday, March 2, and Monday, March 3, at booth # 3119A. Both senior management and members of the technical team will be attending. If you would like to schedule a meeting or learn more about the Company's 2025 plans, please email ir@kodiakcoppercorp.com.
Figure 1: Map of Resource Zones and Targets - MPD Project, Southern BC
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3803/242567_c23952a6e4990aa7_002full.jpg
On behalf of the Board of Directors
Kodiak Copper Corp.
Claudia Tornquist
President & CEO
For further information contact:
Nancy Curry, VP Corporate Development
ncurry@kodiakcoppercorp.com
+1 (604) 646-8362
About Kodiak Copper Corp.
Kodiak is focused on its
Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.
Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
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FAQ
When will Kodiak Copper (KDKCF) release the metallurgical testwork results for MPD project?
Which zones are included in KDKCF's MPD project metallurgical testing?
Who is conducting the metallurgical testing for Kodiak's MPD project?
Where can investors meet Kodiak Copper (KDKCF) at PDAC 2025?
