MPD

MPD Copper-Gold Porphyry Project

• 338 km² land package in South-Central British Columbia, Canada; 100% owned
• Porphyry project consolidated from multiple properties; never explored as single project with modern methods
• In an active mining region in the Quesnel terrane, British Columbia’s primary copper-producing belt
• Adjacent to highway with year-round access by service roads
• Nicola Belt geology with similar characteristics to the neighbouring alkalic porphyry systems at Hudbay’s Copper Mountain Mine to the south and New Gold’s New Afton Mine to the north

Project Summary

• Historic drilling: 470 drill holes (>66,000 m) completed since the 50’s by previous operators. Copper and gold drill-confirmed across a large area. Mineralization from surface, historic drill holes rarely tested below 200m vertical depth
• 123 drill holes (74,805m) completed since 2019 by Kodiak Copper Corp which have outlined multiple kilometre-scale mineralized zones across the property, including three significant high-grade zones. Mineralization starting from surface and and to >900m depth
• Discovery of the Gate Zone in Kodiak’s 2019 maiden drill program
• In 2020, transformative discovery of a high-grade copper-gold zone at the Gate Zone, highest grades in the 70-year+ history of property. Best intercept of 535m of 0.49% copper and 0.29 g/t gold, including 282 m of 0.70% copper and 0.49 g/t gold, including 45.7 m of 1.41% copper and 1.46 g/t gold 
• Large drill programs in 2021 & 2022 of total 48,000m significantly extend the Gate Zone discovery to 1km x 350m, 900m depth and still open. Drilling continued to highlight significant copper-gold grades over substantial intervals
• Discovery in 2022 of a mineralized trend parallel to Gate at the Prime Zone (400m x 200m, 750m depth to date) and extension of the historically drilled Dillard Zone
• In 2023 drilled from-surface mineralization at the high-grade West Zone and significantly expanded mineralization at the Man and South Zones. New porphyry discovery at 1516 Zone
• The 2024 drill program tested multiple targets, focused on extending near-surface and high-grade mineralization and aiming to build critical mass and demonstrate MPD’s size potential.
• Results to date have significantly expanded mineralization at the high-grade Adit Zone. Further results are expected throughout Q4 2024 and into 2025.
• Multi-phased environmental work plan includes water quality, hydrology, migratory/nesting bird, species at risk and incidental wildlife surveys. Progressive reclamation of all drill sites
• Active engagement and information sharing with local First Nations. Local sourcing of supplies and services
• Heritage surveys are conducted by local First Nations at all proposed work sites prior to any ground disturbance
• We respectfully acknowledge that the MPD Project is located on the unceded homeland of the Nlaka’pamux and Syilx Okanagan People’s

Maps & Figures

Roads and Infrastructure

MPD Targets 2024

Gate Zone Long Section Highlights

MPD Project – Plan Map of the Gate & Prime Zones – 2022 Drill Holes

MPD Project – Plan Map of the Gate Zone – 2021 Drill Holes

Plan Map of the Gate Zone – All 2019 & 2020 Drill Holes

Plan Map of West Zone – news release 17/10/2023

West Zone north-south long section at 677400mE looking west (CuEq – news release 17/10/2023)

Man Zone Plan Map Showing 2023 Kodiak Drilling To Date – news release 8/11/23

Man Zone East West Long Section At 5513800mn (CuEq – news release 8/11/23)

South Zone Drill Plan Map Showing New 2023 Holes With Assay – news release 7/12/2023

South Zone North South Long Section At 678650m E Looking West (CuEq – news release 7/12/2023)

MPD South Project Plan Map Showing South Zone New 2023 Holes With Assays Yellow Traces And Several Copper In Soil Trends Over 2 Km In Length Dashed Ovals

Photo Gallery

West Zone AXE-23-001 – Altered andesite volcanoclastic breccia w/ quartz-chalcopyrite-pyrite disseminated and as patches in matrix

West Zone AXE-23-002 – Example a – Fragmental polymict breccia incl. chalcopyrite mineralized clasts in potassic altered rock flour matrix w/ disseminated to blebby chalcopyrite and pyrite

West Zone AXE-23-002 – Example b – Fragmental polymict breccia incl. chalcopyrite mineralized clasts in potassic altered rock flour matrix w/ disseminated to blebby chalcopyrite and pyrite

Aerial View of Beyer Trench

Beyer Zone Trenching

Drilling at MPD

Core logging at Kodiak’s facility in Merritt, BC

Team viewing core at Kodiak’s facility in Merritt, BC

Team at Kodiak’s facility in Merritt, BC

Drilling at Gate Zone, MPD

Malachite at Prime Zone, MPD

Field crew in historical trench at Man Zone, MPD

Cu Oxide in historical trench at Prime Zone, MPD

Kodiak team investigating copper oxide at Prime Zone, MPD

Field crew examining copper exposure at Prime Zone, MPD

VP Exploration Jeff Ward and Field crew with Cu Oxide boulders at Prime Zone

Trench at Prime Zone, MPD

MPD Prospecting

VP Exploration, Jeff Ward investigating altered outcrop exposure at Prime Zone, MPD

Malachite at Prime Zone, MPD

Kodiak team investigating copper oxide at Prime Zone, MPD

VP Exploration Jeff Ward, examines anomalous copper mineralization at Prime Zone, MPD

Chairman Chris Taylor and VP Exploration Jeff Ward examine core at the MPD office in Merritt, BC

MPD-20-004 Core: Strongly Mineralized Quartz Veining with Chalcopyrite

MPD-20-004 Core: Strongly Altered Porphyry with Semi-Massive Sulphide Veining Dominated by Chalcopyrite

MPD-20-005 Core: Strongly Mineralized Quartz Veining with Chalcopyrite

MPD-20-005 Core: Strongly Altered Porphyry with Sulphide Veining Dominated by Chalcopyrite

MPD-21-006 – Strongly Mineralized Hydrothermal Breccia with Chalcopyrite-Pyrite.

MPD-21-009 – Bornite-Dominated Copper Mineralization as Disseminations and in Late Quartz Veining.

Jeff Ward, P.Geo, Vice President Exploration is the Qualified Person as defined by National Instrument 43-101, and has approved and verified the technical information produced by Kodiak in news releases and on this webpage. Historic data referenced herein is believed to be from reliable sources based on Kodiak’s review of available documentation and select verification work. However, the Company has not independently validated all historic work, and the reader is cautioned about its accuracy.