| August 17, 2021 – Vancouver, British Columbia – Kodiak Copper Corp. (the “Company” or “Kodiak”) (TSX-V: KDK, OTCQB: KDKCF, Frankfurt: 5DD1) announces that work has been temporarily halted at its MPD copper-gold porphyry project in Southern British Columbia as a precautionary measure due to the wildfire situation. All workers are being safely demobilized. At this stage the Company does not expect a material impact on its fully funded drill program at MPD. Kodiak is monitoring the wildfire situation closely and will resume work when it is deemed safe to do so. Claudia Tornquist, President and CEO of Kodiak said, |
| “There is nothing more important than the health and safety of our employees and contractors, consequently we have taken the prudent decision to suspend our drill program at the MPD project until the wildfire situation in the local area improves. Our thoughts are with all those affected or threatened by the fires. I sincerely hope that the lower temperatures and forecasted rain over the next couple of days will help improve the fire situation and bring some relief to the local communities.” |
| On behalf of the Board of Directors Kodiak Copper Corp. Claudia Tornquist President & CEO For further information contact: Nancy Curry, Corporate Development ncurry@kodiakcoppercorp.com +1 (604) 646-8362 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. 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. |
