Kodiak Initiates Next Phase of Metallurgical Testwork for MPD Copper-Gold Project

Rhea-AI Summary

Kodiak Copper (OTCQB: KDKCF) has started an expanded metallurgical testwork program for its 100%‑owned MPD copper‑gold porphyry project in southern British Columbia.

The program uses composite samples from six deposits/zones (Gate, Man, Dillard, West, Adit, South), focuses on gold characterization and optimization of rougher and cleaner flotation to improve copper and gold recoveries, and is managed by JDS Energy and Mining with laboratory work at Base Metallurgical Laboratories. Results are expected in Q1 2026 and will inform Mineral Resource definition and future project development.

Positive

• Six-zone composite sampling (Gate, Man, Dillard, West, Adit, South)
• Metallurgical results expected Q1 2026
• JDS engaged to manage program with independent QP supervision
• Laboratory work at BaseMet with copper‑gold testing expertise

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") today reports that it has commenced an additional metallurgical testwork program for its 100% owned MPD copper-gold porphyry project in Southern British Columbia to build on the maiden test results received in Q2 2025 (see new release June 10, 2025).

The testwork program will include composite samples from six deposits and mineralized zones at MPD: Gate, Man, Dillard, West, Adit and South (see Figure 1). The testwork will focus on enhancing recoveries for both copper and gold through gold characterization studies and the optimization of rougher and cleaner flotation processes. The results from the program are expected in Q1 2026 and will be used to support Mineral Resource definition work and guide development of the project in the future.

Claudia Tornquist, President and CEO of Kodiak said, "We are pleased to initiate the next round of metallurgical testwork, an important de-risking step as we advance our MPD project. The program will build on the positive metallurgical results received thus far and is designed to optimize the recovery of both copper and gold, aiming to unlock further potential to enhance the project's Resource estimation and future economic prospects."

Kodiak has engaged JDS Energy and Mining Inc. ("JDS") to manage this metallurgical testwork program for MPD, with technical guidance from Kodiak advisor Mike Westendorf. 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 in Kamloops at Base Metallurgical Laboratories Ltd ("BaseMet") under the supervision of JDS Senior Metallurgist Tad Crowie, P.Eng, an independent Qualified Person as defined by National Instrument 43-101. BaseMet, an Interteck company, is a leading provider of metallurgical testing services whose specialties include mineral processing, gold extraction technologies, comminution, geometallurgy and applied mineralogy. BaseMet has significant experience with copper-gold projects through all stages of development throughout North America and internationally.

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/3803/272061_6ac9e9e894d5bb16_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 100% owned copper porphyry projects in Canada and the USA that have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits. The Company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, a mining district with producing mines and excellent infrastructure. MPD has all the hallmarks of a major, multi-centered porphyry district with the potential to become a world-class mine. Work to date has outlined multiple substantial mineralized zones across the property, including several zones with near-surface, high-grade mineralization. A maiden resource estimate for MPD is planned in 2025 and with known mineralized zones open to expansion and more target areas yet to be tested, Kodiak continues to systematically explore the project to build critical mass and make the next discovery. The Company also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272061

FAQ

What metallurgical work did Kodiak (KDKCF) start at MPD on October 28, 2025?

Kodiak initiated an expanded metallurgical program using composite samples from six zones to optimize copper and gold recoveries.

When will Kodiak (KDKCF) publish the MPD metallurgical test results?

The company expects to release the metallurgical test results in Q1 2026.

Which labs and consultants are managing Kodiak's (KDKCF) MPD testwork?

The program is managed by JDS Energy and Mining with lab work at Base Metallurgical Laboratories and QP oversight by Tad Crowie, P.Eng.

Which MPD zones are included in Kodiak's (KDKCF) new metallurgical composites?

Composite samples come from Gate, Man, Dillard, West, Adit and South zones.

How will the Q1 2026 metallurgical results affect Kodiak (KDKCF)?

Kodiak intends to use the results to support Mineral Resource definition and guide future project development.