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(Kitco News) - Kodiak Copper announced a big drill program for 2023.
CEO Claudia Tornquist spoke to Kitco in February at Mines And Money Miami.
Kodiak Copper’s most advanced asset is its MPD copper-gold porphyry project in the Quesnel Trough in south-central British Columbia, Canada. MPD is a multi-centered porphyry system. Kodiak Copper also made the Gate Zone discovery, which has high-grade mineralization within a wide mineralized envelope. The company says that MPD hosts several other targets with similar discovery potential.
Kodiak Copper (TSX.V:KDK) was founded by Chairman Chris Taylor, the founder and CEO of Great Bear Resources which was acquired by Kinross Gold in 2022 for CADS$1.8 billion.
"Kodiak is in many ways a similar story to Great Bear. We took a project that lots of people had already looked at," said Tornquist. "Chris with his creativity and out-of-the-box thinking came up with a different approach, a different model and that led to a big discovery success."
The project is near producing mines: Copper Mountain, Highland Valley and New Afton mines. The owner of Highland Valley is interested in Kodiak.
"Teck is our largest shareholder at 9.9%. They invested right after our discovery in 2020 and in our most recent financing...they have been a very supportive partner."
Kodiak has a big drill program planned for 2023, with up to 25,000 meters of drilling in multiple target areas.
Coverage of Mines And Money Miami sponsored by Snowline Gold.
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