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Kodiak Copper (TSXV:KDK) - Hunting for More Copper Discoveries in BC

12 Dec 2023

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Interview with Claudia Tornquist, President & CEO of Kodiak Copper Corp.Our previous interview: https://www.cruxinvestor.com/posts/kodiak-copper-tsxvkdk-20000m-of-drill-assays-coming-soon-3884Recording date: 11th December 2023Exploring a Potential Major Copper District in Southern BCDespite an extensive 2023 drill campaign spanning over 18,500 meters at multiple new regional targets, junior explorer Kodiak Copper has endured a declining share price amid broader junior mining market weakness. While full assay results are still pending, management believes early drilling confirms their working porphyry model at the MPD copper-gold project in British Columbia. Their thesis is that MPD could represent a significant-scale copper system with high-grade mineralized centers surrounded by lower-grade envelope halos.President and CEO Claudia Tornquist explains that while the market is frustrated by intercepts below 0.2% copper, MPD requires context. Nearby mines like Copper Mountain have demonstrated economic grades at cutoff levels around 0.12% copper. Recent Kodiak holes reporting strong mineralization over kilometer lengths signal a substantial footprint, even at modest grades. Most promising are the emerging high-grade zones found thus far at the Gate Zone, West Zone and elsewhere that hold the key to any production scenario.With sector sentiment poor but treasury still healthy at $4 million, Kodiak's focus is demonstrating the large scale potential at MPD. An early strategic investment by major base metals miner Teck Resources maintained to this day signals Teck sees district possibilities. Tornquist believes a portfolio of 18 defined regional targets, with most still untested, can drive substantial resource growth through new discoveries. This would bolster Kodiak's case as an attractive project for a future acquirer.With its exploration model seemingly validated in early drilling, Kodiak plans to stay the course at MPD in 2024. Well funded for now thanks to earlier financing, upcoming exploration will zero in on the next batch of regional targets aiming to show substantial scale. Though dilution risks are real for Kodiak, demonstrating enough mineralized footprint to suggest possible development could mean a substantial upside re-rating when markets strengthen. —View Kodiak Copper's company profile: https://www.cruxinvestor.com/companies/kodiak-copper-corpSign up for Crux Investor: https://cruxinvestor.com

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