Chris Taylor, a renowned mineral expert known for his successful investment in an Ontario pre-resource stage gold project, has put his weight behind Kodiak Copper's MPD copper-gold porphyry project. The project, located in the Quesnel Trough in south-central British Columbia, is currently unveiling a multi-centered porphyry system.
• The Gate Zone, a region in the project area with high-grade mineralization, has propelled Kodiak’s share price since its discovery in 2020.
• Kodiak's aggressive drilling strategy aims to unearth more Gate Zone-like porphyries, with up to three rigs deployed this year.
• Kodiak parallels the success of Great Bear Resources, another project Taylor championed that was bought by Kinross Gold for its Dixie gold project.
• Kodiak is benefitting from new geotechnical data that overlays historical data left by earlier project proponents.
• The project is surrounded by producing mines and has gained the attention of Teck Resources, which now holds a 9.9% interest in Kodiak.
Kodiak’s MPD project covers 226 sq. km and has seen shallow drilling that didn’t exceed 400 metres, a fact the company is looking to change. With a budget set for 25,000 metres of drilling this year, 18 potential target areas have been identified, with only three – the Gate, Prime, and Dillard zones – having undergone significant drilling so far. Despite some challenges, Kodiak's shares remain up 27% since the Gate discovery.
With the MPD project showing promise and offering substantial potential, investors might want to take a page from Chris Taylor's book and pay attention.
[Original article by Henry Lazenby, published on https://www.northernminer.com/news/site-visit-how-big-can-mpd-get-kodiak-copper-drills-to-expand-mineral-footprint/1003855551/]