Teck Resources – 9.9%
Insiders & Management – 9.1%
1. Identify new potential shareholders and 2. Market awareness, update existing shareholders
Sept 29-22 – Kodiak Drills 1.03% CuEq Over 117 m, within 0.34% CuEq Over 735.4 m at Gate Zone, and Discovers New Trend at Prime Zone – steady flow of drill results expected
Sept 13-22 – A rig has been mobilized to the Dillard area where drilling commenced in 2021 with two holes and early results from the 2022 3D Induced Polarization (3D IP) work have already identified new high-priority drill targets situated within a 2.7 kilometre long copper-in-soil anomaly.
Jun 29-22 – Kodiak Reports Infill Drilling from Southern Gate Zone: Kodiak expects to achieve up to 25,000 metres of drilling in multiple target areas before year-end – Fully Funded
May 4-22 – Kodiak Intersects Shallow Higher-Grade Copper Gold Mineralization in First Holes at Dillard, Confirms Significant Porphyry Target: 0.63% CuEq Over 21.0 m, Within 0.23% CuEq Over 381.1 m
Mar 31-22 – Kodiak Closes Oversubscribed Upsized Bought Deal Financing and Non-Brokered Private Placement for Gross Proceeds of C$9.6 Million bringing Treasury to ~$18M
Complete ~25,000m drill program with the objective of increasing size of Gate Zone discovery and test several other targets with similar discovery potential
Further drilling results successfully adding size to the Gate Zone discover. Potential for new discoveries at several targets on the property.
Confirmation of the district-scale potential at the multi-centre porphyry system at MPD. Maiden drill program on our Mohave Project in Arizona.
Current overall market uncertainty – Kodiak will continue to market the opportunity as it is well positioned financially and has numerous opportunities to add value for our shareholders
Management, commodity (copper), Gate Zone discovery plus potential for additional discoveries in a proven porphyry district located in a good jurisdiction