Kodiak Copper (TSX-V:KDK) has extended Ketchan’s mineralised footprint at least 450m southeast at its MPD Copper-Gold Porphyry Project in southern British Columbia, Canada.
The step-out drilling extends beyond the deposit’s previously defined 1.4km strike length. Results cover seven holes totalling 1,583m from the company’s summer program.
Hole AG-26-034 returned 122.5m @ 0.31% copper (Cu), 0.10 grams per tonne gold (Au), and 1.70g/t silver (Ag) from 5.5m, equivalent to 0.41% copper equivalent (CuEq).
The hole tested a geophysical anomaly extending 1km southeast from Ketchan. The anomaly remains untested beyond AG-26-034 and coincides with elevated copper in soil and surface rock samples.
President and CEO Claudia Tornquist says the results point to further expansion opportunities.
“The recent drilling at the Ketchan deposit continues to deliver excellent results and suggests near-surface mineralisation goes well beyond the current resource footprint,” Tornquist says.
Hole AG-26-021 added 202.5m @ 0.20% CuEq from 39.5m. Within the deposit’s central area, AG-26-015 tested gaps in drilling and returned 207.3m @ 0.31% CuEq from 22.7m.
Reported intervals are downhole lengths, with insufficient drilling to determine true widths. Copper-equivalent calculations incorporate assumed recoveries of 82% for Cu, 60% for Au, and 54% for Ag.
Resource update due in March quarter
Kodiak has so far completed 12,712m across 60 holes at the Ketchan, West, and South deposits this year, against a planned 16,500m program.
The results will contribute to an updated mineral resource estimate targeted for the March quarter of 2027. All seven deposits in the existing estimate remain open to expansion.
The latest assays follow Ketchan’s previously reported 283.5m intersection @ 0.70% CuEq in AG-26-019, which Kodiak described as the deposit’s best hole to date.
Kodiak Copper is a Canadian explorer advancing its wholly owned MPD copper-gold project in southern British Columbia.
Write to France Pinzon at Mining.com.au
Main image: Kodiak Copper
