Kodiak Copper Corp. announced that a second drill rig has begun drilling at Kodiak's 100% owned MPD copper-gold porphyry project in Southern British Columbia. The Company is executing a fully funded drill program of up to 25,000 metres in 2023, focused predominantly on new porphyry targets that have not previously been drilled by Kodiak.

Kodiak recently disclosed that a 3D Induced Polarisation geophysical survey had identified a new drill target from surface to a depth of 600 metres extending below shallow historic copper and gold mineralization of the Man Zone in the northern part of the MPD property. The second drill rig is now testing this target. Drilling also continues at the West Zone target in the West Zone target in the MPD South (formerly Axe) area where Kodiak recently announced that new drill holes have intersected porphyry mineralization and sulphides.

MPD is a large, 226 square kilometre land package located near several operating mines in the southern Quesnel Terrane, British Columbia's primary copper-gold producing belt. The project is located between the towns of Merritt and Princeton, with year-round accessibility and excellent infrastructure nearby.