Kodiak Copper Corp. (TSXV: KDK) has released the first drill results from its summer 2026 program at the Ketchan deposit, part of its 100%-owned MPD copper-gold porphyry project in southern British Columbia. Drill hole AG-26-019 returned 0.56% Cu, 0.15 g/t Au, and 2.02 g/t Ag (0.70% CuEq) over 283.5 metres, which the company described as the best intersection ever reported at Ketchan. Results from eight holes totalling 1,665 metres are included in this initial disclosure, with further assays expected within coming weeks.

Key Points

  • Kodiak Copper Corp. (TSXV: KDK | OTCQX: KDKCF | FSE: 5DD1) operates the MPD copper-gold porphyry project in the Quesnel Terrane, south-central British Columbia
  • Drill hole AG-26-019 intersected 0.70% CuEq over 283.5 metres from 37.5 metres depth, including 1.02% CuEq over 108 metres — the strongest result ever recorded at the Ketchan deposit
  • To date in 2026, 9,067 metres across 46 holes have been drilled; the full-year program targets 16,500 metres across multiple deposits, with drilling continuing into Q4 2026
  • Investors may watch for additional Ketchan assay results in coming weeks and an updated Mineral Resource Estimate planned for Q1 2027

Record Ketchan Intersection Anchors Kodiak's 2026 Drilling at MPD

Drill hole AG-26-019, centrally located within the existing Mineral Resource Estimate block model, intersected a significant mineralised zone characterised by potassic alteration between 37.5 metres and 321 metres depth. A higher-grade hydrothermal breccia portion was identified between 85.5 metres and 193.5 metres. One sample from this breccia interval, taken at 145.5 to 147 metres, returned 3.14% Cu and 0.5 g/t Au, according to the release. The company stated that AG-26-019 represents the best hole ever drilled at this deposit and is expected to extend and upgrade the Mineral Resource Estimate alongside results from holes AG-26-003, 004, 005, and 006.

Infill and Gap-Targeting Strategy Across Eight Initial Ketchan Holes

This is Kodiak's first dedicated drill program at the Ketchan deposit. Initial holes AG-26-001 through AG-26-004 targeted the northwestern node of the deposit, aiming to expand the existing resource boundary. Holes AG-26-005, AG-26-006, AG-26-009, and AG-26-019 served as infill holes within the main deposit body where tighter drill spacing was required. Hole AG-26-009 intersected 0.31% Cu, 0.06 g/t Au, and 1.38 g/t Ag (0.37% CuEq) over 94.5 metres. Holes AG-26-001 and AG-26-002 returned no significant assays. All reported intercepts are downhole drilled core intervals, and true widths have not yet been determined.

Southern Extension Targets and District-Scale 2026 Program Context

Further Ketchan results are expected within coming weeks from holes targeting a potential southern extension of the deposit. Historical drilling intersected mineralisation 400 metres south of the current deposit boundary, and an untested geophysical anomaly stretches one kilometre further along trend, coinciding with anomalous copper-in-soil and surface rock results, the release states. Across the broader MPD project, all seven deposits outlined in the current Mineral Resource Estimate remain open to expansion. An updated Mineral Resource Estimate incorporating 2026 drill program results is planned for Q1 2027.