Kodiak Copper Corp. announces it has entered into a purchase agreement with Eagle Plains Resources Ltd. to acquire a claim package adjacent to Kodiak’s 100% owned MPD Project in Southern British Columbia, expanding the company’s landholdings to 357 square kilometres.
The newly acquired claims now form part of the MPD Northwest project area where a soil program has been initiated to advance multiple targets.
Highlights:
- The claims acquired comprise 13.1 square kilometres adjacent to the MPD Northwest area, including the 12.1 square kilometre Ketch claim block strategically located immediately north and along trend of the Ketchan deposit, a large mineralized zone that has been drilled over 1800 by 500 metres and forms an important part of the Initial Mineral Resource estimate for MPD (see news release June 25, 2025). Figure 1
- The Ketchan deposit is associated with a northwesterly geophysical trend which continues onto the Ketch claim package. Further work will be required to determine if an extension to the Ketchan deposit is present along this trend. Figure 2
- The newly acquired claims will also allow Kodiak to expand operations in other prospective areas at MPD Northwest which hosts 24 known mineral occurrences, including six with significant porphyry-related copper-gold mineralization. Figure 1
- A soil geochemical program consisting of 2,000 samples is currently being initiated to explore targets on the MPD Northwest claims. The program will investigate historical showings as well as VRIFY AI targets and the area around the Ketchan deposit and is expected to be complete in November.
- Claudia Tornquist, President and CEO of Kodiak said, “Kodiak’s strategy to consolidate the MPD district over the past seven years has been key in generating the critical mass to bring this project to fruition and demonstrate that it has the potential to become a major mine in the future. The acquisition of the Ketch claim package is a logical next step, and I am glad we were able to secure these strategically located claims which could potentially host an extension of our Ketchan deposit. I am looking forward to the results of the current soil program which focuses on advancing several promising targets on the prospective MPD Northwest area.”
Kodiak is focused on its 100% owned copper porphyry projects in Canada and the USA that have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits. Kodiak Copper’s most advanced asset is the 100% owned MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, a mining district with producing mines and excellent infrastructure.
