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KODIAK COPPER (KDK:TSXV, OCPFF:OTC)

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KODIAK COPPER (KDK.V)

KDK.v ... 3yr: 2yr: 1yr: YTD: 10d / Last: C$0.54

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KDK vs-Copper, FCX ... 6.19.17: 12.01.18: 11.20.19: 3yr: 2yr: 1yr: 10d/

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== Introduction / somewhat promotional ==

KODIAK COPPER (KDK:TSXV, OCPFF:OTC)

IS CHRIS TAYLOR'S NEXT DEAL

Chris Taylor has another great bear--but this one is a kodiak.

His last deal--Great Bear Resources (GBR:TSXV, GTBAF:OTC) — went from 15 cents to over $9 in 20 months as they discovered a huge gold deposit in Red Lake, Ontario. Then it soared further to $14!

That quick move to $9 was a 60-Bagger in the blink of an eye. If you were lucky, you turn $10,000 into $600,000. It’s a win that allows you to relax. It’s a win that lets you do anything you want for a year…or three.

Taylor is back doing the same kind of geological detective work he did with Great Bear—with Kodiak Copper. Kodiak is now trading at 43 cents. It’s in the same spot Great Bear was at 15 cents, right when they started and before their first discovery.

Kodiak is similar to Great Bear in many ways:

1.    Its main property is in Canada—in this case southern British Columbia

2.    And it’s located just off a highway. Lots of nearby services and infrastructure means low cost exploration

3.    It’s in a prolific porphyry district—There are SEVEN past and present mines in the district

4.    Taylor acquired a large land package which could hold multiple deposits

5.    There is lots of historical data

6.    Like Great Bear, Taylor has a geologic approach that is different and is already bearing fruit

7.    It has a tight share structure—just over 36 million shares outstanding

8.    In this hot junior market, just ONE drill hole can add BIG value to shareholders —just like Taylor did with Great Bear.

The two plays are SO similar! Exploration legend John Robins is an advisor here as he is at Great Bear. Not only is he one of Canada’s premier land stakers, he has monetized numerous plays—most notably selling Kaminak to Goldcorp for over half a billion dollars in 2016.

But Kodiak has one advantage over Great Bear for the early stage investors--Kodiak already has a discovery hole because of Taylor’s outside-the-box-thinking. I’m going to tell you about that as I explain their property and how it could be on the cusp of a major discovery.

Great Bear is high grade gold in northern Ontario, but Taylor’s expertise is actually in large, lower grade copper-gold deposits called “porphyries”.

There is one very important thing to know about porphyry deposits--they are consistently mineralized over a VERY large area. They are one of, if not THE largest mined deposits in the world.

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THE "MPD" PROJECT

Porphyries are found up and down the west coast of the Americas--from northern BC right to Tierra del Fuego in southern Chile.

The porphyry asset that Taylor has locked down for Kodiak Copper is called MPD and it covers a sizeable footprint. At MPD, copper and gold have already been found over an area of 10 square kilometers. Major mining companies love these deposits because they produce incredible cash flow for decades. They’re that BIG.

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Taylor bought Great Bear’s Dixie asset for $200,000 and turned it into a project that is now worth more than half a billion dollars today. The Dixie project area was large, had over 100 historic drill holes, was right beside the highway, good infrastructure and not well understood.

The MPD project is also large, is also located right beside a highway in southern BC, and also has over 100 historic holes. Similarly, Taylor bought 100% of the MPD property for only $200,000 and $100,000 in shares.

Those holes confirmed the property had huge potential—but after going over the historic work, Taylor realized that the past drilling rarely tested below 200 meters depth.

Right away, he knew what to do. Last November Taylor’s Kodiak Copper team drilled hole MPD-19-003—which went deeper than the 100+ historic holes ever had on the property.

Deeper was better--MUCH better.

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That drill hole hit almost double the copper and gold grades over 200+ meters depth —just below where previous drilling had stopped – and discovered what Kodiak now calls the “Gate Zone”. 

Not only did this new discovery increase the value of MPD—but drilling suggested they were close…really close…to the core (read: higher grade) of a system with one or more porphyry centres. 

The new Gate Zone discovery even beat the expectations of Taylor and his team. The deeper drilling at Gate returned:

1)   higher grades over longer intervals  than all earlier holes,

2)   the length of mineralization was also the longest reported to date (mineralization now goes down 800 metres vertical depth!)

The grades at the new Gate Zone now compare very favorably to those from nearby producing mines – and this is elephant country for copper-gold mines.

The Copper Mountain mine is located only 35 kilometres (20 miles) to the south and the prolific Highland Valley Copper mine is situated just 80 kilometres (50 miles) to the northwest.

That means that this very, very small company could be sitting on something very valuable. Just as Taylor thought at the beginning of Great Bear’s Dixie project.

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KDK - HALTED & Expecting Great news : 3yr: 2yr: 1yr: YTD: Last: $0.75

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$ 0.75 +0.11 | +17.19% (Bid: 0.83 x 53000/ Ask: 0.83 x 28000) Volume: 324,969

EXPECTING GREAT NEWS

After watching Claudia on latest video it was obvious that something exiting was comming. Also June 17, 2020 Investing Whisperer Keith Schaefer wrote an article after meeting with Christopher and his words were: Chris Taylor has another great bear but this one is a kodiac (refering to KDK) Chris Taylor is a seasoned geologist extremely well versed with porphyry systems like MPD property. 

Investing Whisperer made reference that KDK could be a 60 bagger just like Great bear Resources GBR (and Chris Taylor is the CEO geologist of GBR). 

According to last Fall's drilling the results were showing that the drill hole indicated that it was on the edge of something very large. 

This Summer KDK geologist Chris Taylor knew exactly where to drill to find the huge anomoly and once the halt is lifted we will find out how big the Kodiac is. 

One word of caution assuming the results are showing .50% to 1% cooper and 1 or 2 grams of gold well we will be off to riches. This will be HUGE.
Just don't be too quick to push the sell button if we trade over $1.50 because more drill results are comming very shortly. Claudia explained that in the video. More to come. Again this could be a 10 bagger very quickly and more for long term investors. Finally there is only 37 million shares out. Share price will move quickly if the good id in the ground. 

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WOW...HERE'S THE BIG NEWS RELEASE... (But Is it GENUINE??????)

Kodiak Copper drilling results: BONANZA! 25.1 m of 95.20 g/t Au

2020-09-03 10:00 ET - News Release

Ms. Claudia Tornquist reports

KODIAL COPPER DRILLS BONANZA GRADE HOLE OF 25.1 m of 95.20 g/t Au at MPD COPPER-GOLD PORPHYRY PROJECT IN SOUTHERN BRITISH 

Kodiak commenced drilling at MPD on July 13 (see Kodiak news release dated July 13, 2020) and wishes to provide the following results. Highlights include:

 ASSAY RESULTS FROM MPD COPPER-GOLD PORPHYRY PROJECT IN SOUTHERN BRITISH   Hole ID From (m) To (m) Length (m) Au (g/t) Zone PE-20-171 831.90 841.00 9.10 44.22 HGZ Including 835.70 836.20 0.50 12.78 Including 836.20 837.00 0.80 13.78 Including 837.60 838.40 0.80 456.28 PE-20-173 552.00 562.45 10.45 9.75 HGZ Including 556.95 557.75 0.80 25.23 Including 561.70 562.45 0.75 101.74 The 2020 exploration program at MPD began with a property-wide ZTEM TM airborne geophysical survey which provided important data down to a depth of 1000 metres which is helping the Company prioritise targets for this and future drill campaigns (see Kodiak news releases dated April 8, 2020 and June 17, 2020).

Mobilization of field staff and equipment commenced mid-July for 2020 Phase II diamond drilling at MPD. The program is initially focused on expanding significant drill results from the Gate Zone, using step-out drilling to expand the high-grade mineralization drilled last year. The Company has also identified several additional high-priority targets across the MPD project believed to have strong potential for similar copper-gold mineralization. Most of these targets have encouraging shallow historical drill holes, and/or positive trench and surface sampling results. The 2020 Phase II drill program at MPD will consist of approximately 4000 metres of core drilling with results expected in Q3/Q4.

Jeff Ward, P.Geo, Vice President Exploration and the Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this release.

About Kodiak Copper Corp.

Kodiak is focused on its portfolio of 100% owned copper porphyry projects in Canada and the USA. The Company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel Trough in south-central British Columbia, Canada, where the Company made a discovery of high-grade mineralization in 2020. Kodiak also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine. The Company's Trapper copper-gold porphyry project is located in the northern Golden Triangle region of British Columbia. All three of Kodiak's porphyry projects have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits.

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FAKE???

/ 2 / Hope it is genuine... "Not Posted"

RE:WOW...HERE'S THE BIG NEWS RELEASE...

I verified on KDK web site and this news is not posted. Where did you obtain this news release?

If the wonder hole is 25.1 M with 95.20 g Au it is absolutely WONDERFUL. It would be over 3 onces of gold on 81.5 feet of mineralization. If indeed it is true and we have a wide intersection KDK would be like finding KL Kirkland Lake Gold in BC. KL is finding these type of Au grades in Australia and its stock went from $2 to over $60 in less than 4 years.
I just hope this news release is genuine. 
===
/ 3 /
LOOKS MADE UP!
The bonanza grade release was FAKE !  Not: what is saw! (BONANZA! 25.1 m of 95.20 g/t Au)
 
Actual results are okay:
Sep 3, 2020
Kodiak Drills 282 m of 0.70% Copper and 0.49 g/t Gold (1.16% CuEq), Including 45.7 m of 1.41% Copper and 1.46 g/t Gold (2.75% CuEq)

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Good news here from Kodiak Copper with a significant mineralized and high-grade drill intercept announced. Please see attached news.
The market appears to like the results with the shares now trading over a $1.00.
 
We understand further assays will be forthcoming over the next few weeks and, given the nature of porphyry deposits, we’d not be surprised to see further excellent results - stay tuned!
===
September 3, 2020 – Vancouver, British Columbia – Kodiak Copper Corp. (the "Company" or “Kodiak”) (TSX-V: KDK) today reported the discovery of a significant high-grade copper-gold extension of the recently discovered Gate Zone at the Company’s 100% owned MPD copper-gold porphyry project in southern British Columbia.  The MPD project is accessible year-round from paved highways 5A and 97C.
 
Chris Taylor, Chairman of Kodiak said, “As compelling as our 2019 discovery of the Gate Zone was, it now appears we had only grazed the margins of a much stronger copper-gold zone which we have now successfully targeted.  Our new results include discovery of a central high-grade copper-gold zone within the wider copper-gold mineralized envelope of the Gate Zone.  These drill results are among the strongest that have been reported from this well-established copper mining district in southern British Columbia. Drilling is ongoing and we will be releasing additional results throughout the coming months.”
 
Claudia Tornquist, President and CEO of Kodiak said, “While we are just beginning to unlock the untapped potential of the MPD project, we view this new discovery as transformative for the project, and by extension for Kodiak.  Especially remarkable are the new high gold values, which we would have viewed as a successful stand-alone gold discovery in the absence of any copper.  Given our 100% ownership of MPD, and its position adjacent to highways with year-round accessibility, we anticipate a very active remainder of 2020, and that 2021 will be our most exciting and productive year so far.”
 
Highlights Include:
 
  *  A significant high-grade copper-gold discovery has been made on a 75 metre step-out south of the “Gate Zone” discovery which was originally drilled in late 2019 and announced in January 2020.  New results are from a higher-grade extension of the Gate Zone that is likely near a porphyry centre based on mineralization and alteration strength.  Figure 1 and Figure 2.
  *  A 282 metre section of strongly mineralized and altered drill core from drill hole MPD-20-004 (drilled to 785 metres and partially reported herein)  was prioritised and rushed through assay, returning 0.70% copper, 0.49 g/t gold and 2.64 g/t silver (1.16% CuEq*) over 282 metres from 263 to 545 metres.  Tables 1 and 2.
  *  The central section of the MPD-20-004 interval included 1.41% copper, 1.46 g/t gold and 5.56 g/t silver (2.75% CuEq*) over 45.7 metres from 380.0 to 425.7 metres.
  *  The gold content of the MPD-20-004 interval in grams per tonne (g/t) approximately matches the copper content expressed as a percent.  This approximately 1:1 ratio of g/t gold to % copper is generally indicative of higher temperature porphyry mineralization proximal to a porphyry centre.
  *  A wider envelope of copper mineralization (pyrite + chalcopyrite +/- bornite) was observed within MPD-20-004 over a total interval of 475 metres, from 255 to 730 metres depth. Assays are pending for the remainder of this drill hole.  The strongest observed porphyry-style mineralization is from the MPD-20-004 interval reported in this release.
  *  Two holes have been completed on this east-west drill section and a third is underway....
 

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Whisper #153 September 08 2020
 
 
Big Update, Post Discovery
KODIAK COPPER
(KDK – TSXv/KDKCF-PINK)
 
 
This is quite a large update on Kodiak after its big discovery hole last week—that caused the stock to run from 75 cents to $1.92.
 
The team, the tight share structure, the logistics of this easy-to-access large property all scream that this stock has the POTENTIAL to be A Huge Winner for subscribers this year. (I bought 10,000 at $1.26 on Thursday.)
 
There are a couple caveats here, which are short term and minor. One is that the stock is likely to pause here while they arrange a financing of some kind (I’m guessing $5-$10 M at $1.25 - $1.50 with a half warrant at $2 or something).
 
Also, this hole was almost certainly the best hole of the initial few. So it will take some time for geologic interpretation, fundraising, a re-start of drilling, assays etc. etc. etc…so there could be a news gap of 2-3 months before the next material drill results come out.
 
And of course, this could still be a one hole wonder a year from now. But both the size of this porphyry target and the size of the property suggest a worst case scenario for investors is that large speculative premium could exist in the stock for several months.  Best case is that this turns into an economic deposit and the stock goes to $30!
 
 
QUICK FACTS
 
 
Trading Symbols:                                    KDK-tsxv/
Share Price Today:                                  $1.53
Shares Outstanding:                                36.7 million
Market Capitalization:                              $56 million
Net Debt:                                                  -$2 million
Enterprise Value:                                    $54 million
 
POSITIVES
 
 
- new high-grade copper-gold discovery hole
- Located in middle of elephant country for copper-porphyry deposits
- all the markings of nearby copper-porphyry mines
- Grade of discovery hole 3x higher than neighboring projects
- New discovery within copper anomaly over 1 km long
 
 
NEGATIVES
 
 
- Early days - only a few holes drilled so far
- We have no indication of size of deposit so far
- Will be seen by investors as a copper mine, not a gold mine
- Discovery hole saw best grades 200+ meters below surface
 
 
SUMMARY
 
 
Chris Taylor is on a heck of a run.
 
Taylor is President and CEO of Great Bear Resources (GBR – TSXv). Great Bear has seen its stock on a tear as their Dixie project, located in the Red Lake Mining district, has produced phenomenal exploration results.
 
Now along comes Kodiak Copper (KDK – TSXv).  Taylor is Chairman of the Board and was instrumental in acquiring Kodiak’s flagship property, Man, Prime, Dillard (MPD).
 
Kodiak released an extremely promising, high-grade copper-gold drill result last week.
 
Kodiak hit on 282 meters of 1.16% copper equivalent. This grade is 3x higher than the mined grades at neighbouring mines.
 
Kodiak has almost assuredly discovered a copper-porphyry deposit. The only questions now are A. how big it is and B. how many other copper-porphyry centers are on the property.
 
Taylor is one on a list of heavy-hitters on the Kodiak team. He is part of a Vancouver based exploration team called the Discovery Group.
 
Kodiak’s CEO, Claudia Tornquist, is also a member of the Discovery Group. John Robins, a mining veteran with many successes under his belt and someone that we’ve followed successfully into other deals, founded the Discovery Group and is a special advisor at Kodiak.
 
There are really two possibilities here. Either Kodiak fluked out and hit a one-off - a single target over a 10-kilometer anomaly, or this is the start of something much larger.
 
It seems more likely to be the latter. But before we get ahead of ourselves, lets take a close look at what Kodiak has found so far.
 
 
The MPD Project
 
 
The MPD project is a large land package (78.5 km sq) where Kodiak consolidated 3 separate sets of claims (Man, Prime, and Dillard).
 
The project is surrounded by successful copper deposits including Highland Valley Copper (HVC), New Afton, and Copper Mountain.
 
 
Source: Company Presentation
 
The area is known for its copper porphyry deposits. Taylor was quick to point out the analogy to nearby mines – in particular Copper Mountain.
 
But we are only a few holes in. Kodiak has drilled 8 holes so far. We have seen results from 4 of those and partial results from one other (the big intercept hole).
 
 
A Stellar Hole
 
 
The hole that caught the markets attention this week was labeled MPD-20-004.
 
20-004 hit on:
 
·      282 meters of 0.70% copper, 0.49 g/t gold and 2.64 g/t silver (1.16% CuEq)
·      A central section of 1.41% copper, 1.46 g/t gold and 5.56 g/t silver (2.75% CuEq) over 45.7.
 
Comparing the grades to nearby mines shows just how strong the results are. The Copper Mountain mine has a proven reserves copper grade of 0.25% and a gold grade of 0.09 g/t. Teck’s (TECK – TSX) Highland Valley Copper mine to the north has a copper head grade of 0.28% and historic mining grades have averaged around 0.4%. Mount Polley is a 0.3% copper deposit.

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NEWS : Teck's investment at C$1.95 confirms: It's REAL!

C$2.40 +0.57, +31%

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2020-09-14 08:43 C:KDK 1.83 News Release Kodiak Copper arranges $10.5M financing with Teck
2020-09-08 21:27 C:KDK 1.70 Property Agreement Brixton Metals agreement for Trapper property
2020-09-03 11:20 C:KDK 0.75 News Release Kodiak Copper drills 282 m of 1.16% CuEq at MPD

KODIAK ANNOUNCES C$10.5 MILLION FINANCING AND NEW STRATEGIC SHAREHOLDER

Teck Resources Ltd. has agreed to make a strategic investment in Kodiak Copper Corp. by way of a private placement.

HighlightsKodiak strengthens its shareholder register by adding Teck, Canada's largest diversified resource company, with a 9.9% interest. The investment will provide Kodiak with capital to fund the Company's ongoing work program at its 100% owned MPD copper-gold porphyry project in Southern BC, including an expanded drill program

Claudia Tornquist, President and CEO of Kodiak said, "Kodiak is delighted to welcome Teck as a shareholder. We view Teck's investment as a strong endorsement of the MPD project and Kodiak's management. With the proceeds of this private placement we will be able to expand on the momentum of our recent Gate Zone discoveries, and test other porphyry targets across the MPD property through 2020 and 2021."

The Placement will consist of 1,038,868 common shares of the Company at a price of C$1.95 per share and an additional 3,013,839 flow-through common shares of the Company are expected to be placed through a charity flow-through arrangement at an average price of C$2.82 per share, (a cost to Teck of C$1.95 per share), for total gross proceeds of approximately C$10.5 million. Following the Placement, Teck will own approximately 9.9% of the issued and outstanding common shares of Kodiak on a non-diluted basis.

In connection with the Placement, Kodiak has agreed to grant Teck an equity participation right to maintain its pro-rata ownership in the Company.

 

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