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Bullboard - Stock Discussion Forum Kodiak Copper Corp V.KDK

Alternate Symbol(s):  KDKCF

Kodiak Copper Corp. is a Canada-based company that consists of the exploration and development of base and precious metals throughout North America. The Company is focused on its 100% owned copper porphyry projects in Canada and the United States. Its projects include MPD Copper-Gold Porphyry Project, Mohave Copper-Molybdenum-Silver Porphyry Project and Kohuna Diamond Project. The MPD Copper... see more

TSXV:KDK - Post Discussion

Kodiak Copper Corp > July 7th 2021
View:
Post by tarsands on Oct 18, 2021 4:54pm

July 7th 2021

  • New drill hole MPD 21-009 was a 575 metre step-out south of all other Gate drill collars, and intersected 87 metres of 0.51% Cu, 0.43 g/t Au and 0.81 g/t Ag (0.78% CuEq*) within 242 metres of 0.38% Copper and 0.22g/t Gold (0.52% CuEq*) and a broader 468 metre interval of 0.25% Cu, 0.16 g/t Au and 0.51 g/t Ag (0.35% CuEq*). Table 1 and Figure 3A.

  • MPD 21-009 intersected the first high-grade bornite-dominated copper-gold-silver mineralization observed on the property, accompanied by strong, illite-kaolinite overprinting of potassic alteration. Alteration and mineralization suggest this is the highest temperature area of the Gate Zone porphyry copper system drilled to date and may be located closer to a potential mineralization source than the original Gate Zone discovery area.

    And today we get a similar result in grade but instead of 87 metres grading .78 CuEq.

    We got today 105 metres grading .76 CuEq.

    So what I see is this higher grade between those 2 white lines they are calling cross sections which looks like about 250 metres of higher grading material.

    They hopefully can extend that a bit more. And I would like too see a much deeper hole?

    But hey it looks all good too me, except maybe some mis - interpretation so like its been said they got too alleviate the confusion. Cormarck target is well above what it has closed at today!



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Comment by diabase1 on Oct 18, 2021 8:37pm
To me, the results were very encouraging. It means that the porphyry system is still robust, but with some lower grades in a few areas. This is to be expected with a target such as this. They seemed to be trying to intersect the margins of the porphyry body with their drill hole directions The higher gold content is usually a sign that they were close. There still needs to be a lot more drilling ...more  
Comment by masterthink on Oct 18, 2021 9:25pm
well said !! Amen
Comment by masterthink on Oct 18, 2021 9:59pm
You should Email your opinion to kdk management via Nancy !!!
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