Drolet Stock Notes on Kodiak Copper: Searching for the giant porphyry Copper deposit in South B.C

Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Drolet Stock Notes on Kodiak Copper Corp. (TSXV: KDK) on February 17, 2021, for exclusive distribution on InvestorIntel. Highlights include:

  • 2021 will be an eventful and news-rich year with a significantly larger exploration program planned at MPD.
  • Kodiak is fully funded for up to 30,000 metres of drilling as well as further geophysical and geochemical surveying, prospecting, and geotechnical studies.
  • New drill hole MPD-20-007 intersected 213 m of 0.65% Cu, 0.37 g/t Au and 2.23 g/t Ag (1.00% CuEq*) and MPD-20-006 intersected 171 m of 0.62% Cu, 0.43 g/t Au and 2.55 g/t Ag (1.03% CuEq*).
  • Support:   S2;1.55     S1; $ 1.60                Resistance:  R1; $ 1.70    R2; $1.85

About Kodiak Copper Corp.

Kodiak is focused on its 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 within a wide mineralized envelope in 2020. Kodiak also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, USA, near the world-class Bagdad mine. Kodiak’s porphyry projects have both been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits.

The Company also holds the advanced-stage Kahuna diamond project in Nunavut, Canada. Kahuna hosts a high-grade, near surface inferred diamond resource and numerous kimberlite pipe targets.

Kodiak’s founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.

PLEASE DO YOUR DUE DILIGENCE

Disclaimer: This Mario Drolet Stock Notes are produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this report.




Attracting attention through drill results, Kodiak Copper is positioned well for the green energy supercycle

The copper sector is widely regarded as being one of the possible future winners from the green energy and electric vehicle (EV) revolution this decade. Just recently Goldman Sachs “proclaimed the dawn of a new commodity supercycle“, with copper as their number one commodity pick. A supercycle is not just a short upswing it is a decade or more long upswing caused usually by a significant demand surge. In the case of copper, the demand surge will come from solar energy, wind energy, and EVs.

For example, BHP says that one wind turbine uses 4 tonnes of copper (video link), which certainly is a lot of copper especially given copper currently trades at US$7,396/tonne.

Copper is essential for the green energy revolution, used in solar, wind, and EVs

Source: Kodiak Copper investor presentation

Kodiak Copper Corp. (TSXV: KDK) 100% own the very large (9,733-hectare land package) MPD copper-gold porphyry property in a proven, mineral producing belt, in British Columbia (BC), Canada. For those that are new to Kodiak Copper, the Company amalgamated 3 projects into one – Man, Prime, Dillard – hence the name MPD. Management is top tier with a great track record of success. What’s most exciting is their safe location and potential for a large scale copper-gold project, just as we enter the decade of renewables (solar, wind) and EVs taking massive market share.

The MPD Property has road access and is close to nearby power, towns, and other mines

Source: Kodiak Copper investor presentation

The MPD Property has numerous showings of copper and gold confirmed across a large, 10km2 area. Drill results point toward the potential for a large copper-gold porphyry system. There is mineralization from at or near surface to as deep as ~800 meters with huge potential exploration upside across the property.

Last September 3rd, 2020 Kodiak Copper announced drill/assay results which were ‘spectacular’ in my opinion. The results included a massive 282 m of 0.70% copper and 0.49 g/t gold (1.16% CuEq). Due to this, the stock raced up from C$0.50 on August 24th to C$2.80 as of September 28th for a 460% increase. The good news for new investors is the hype in the stock price has since settled down, with the price now back at C$1.64 and trading on a market cap of just C$66 million, despite plenty of further good news since then.

Kodiak Copper has continued to produce very strong drill results such as:

Cross-sectional summary of drill results at the MPD Project – Gate Zone

Source

Looking ahead Kodiak Copper states: “The Company has just completed a successful 2020 drill campaign that resulted in a transformative discovery of a high-grade central core within a broader, well-developed copper-gold porphyry system at the Gate Zone. Kodiak will continue exploring at MPD in early 2021 with a fully funded, significantly larger program. Plans include up to 30,000 meters of drilling in several target areas, as well as further geophysical and geochemical surveying, prospecting and geotechnical studies.”

It should also be mentioned that in the next few weeks the final assay results from the 2020 drill program are due which will be most interesting to see.

Closing remarks

I agree with Goldman Sachs that we are likely entering a green energy and EV commodities supercycle this decade. Battery metals (lithium, cobalt, graphite, nickel), key rare earths, and copper are likely to be the big winners.

Investors can look to position themselves ahead of the supercycle by buying into quality and promising junior miners now. Kodiak Copper is still a junior but they have plenty of potential with a possible large sized copper-gold porphyry deposit in BC Canada and the right management to deliver. They also have two other promising projects – The Mohave Copper-Molybdenum-Silver Porphyry Project in Arizona USA, and the Kahuna Diamond Project in Canada. One to follow for sure.

Further reading and viewing:




Thunderstruck copper assets ‘ready to go now’ with JV partner

“In the last few months we have got our permitting in place, compensation agreements with the chiefs of every [Fiji] village, license renewals…we are ready to go now with joint venture partners.”  — states Bryce Bradley CEO, President and Co-founding Director of Thunderstruck Resources Ltd. (TSXV: AWE) in an interview with InvestorIntel’s Jeff Wareham.

Jeff Wareham: Of all the places that I talk to about mining, Fiji is one of the most interesting ones. How is it as a jurisdiction to work in?

Bryce Bradley: Surprisingly a lot of people did not know about Fiji as a mining jurisdiction, but it has been mining for over 75 years. There is a gold mine to the north of us on the main island. There is another one, Lion One Metals, which is going into development right now. It has its development permit. It is a gold development play. There is a big copper porphyry owned by Newcrest right to the right of us at 20 kilometers. It is very mining friendly right from grassroots right through to production.

Jeff Wareham: When should investors be looking for more news?

Bryce Bradley: We will be getting a lot of news. We are going to be putting out a press release next week on results from our exploration program on our gold asset, Liwa Creek, that will come out next week. The following week we will be putting out results on Rama Creek, our copper porphyry. In the meantime, we are actually getting, it cannot be called a resource estimate, but it is a back-of-the envelope grade and tonnage estimate on our zinc-copper assets for potential joint venture partners…to access the complete interview, click here

Disclaimer: Thunderstruck Resources Ltd. is an advertorial member of InvestorIntel Corp.