Kodiak Copper Corp. reported that the Company is mobilizing staff to the MPD copper-gold porphyry project in Southern British Columbia to start the 2023 Exploration Program on its 100% owned MPD copper-gold porphyry project in southern British Columbia. 2023 Exploration Program Highlights (see news release February 28, 2023) Plans for 2023 include up to 25,000 metres of drilling in multiple target areas, with the goal of discovering one or several new high-grade porphyry centres.

18 prospective target areas have been identified at MPD to date, which will be advanced in 2023. Targets for porphyry related copper-gold mineralization which have been prioritized for drilling include the Man, 1516, South and West zones. Further work is planned at the high-grade gold-silver Beyer discovery, including trenching and shallow drilling.

Drilling operations will commence when site conditions permit, and initial work will include relogging of historic core, establishing property access and drill site preparations. A 25-line kilometre 3D Induced Polarization survey and a geochemical survey with 1500 soil samples will advance newer target areas such as Blue, Sky and Eclipse to drill-readiness.