Kodiak Copper Temporarily Pauses Drill Program at MPD Due to Flooding and Road Closures
17 November 2021
November 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 suspended at its MPD copper gold porphyry project in Southern British Columbia following an evacuation order for the town of Merritt due to flooding. Personnel has been safely demobilized and there is no risk to Kodiak’s project infrastructure.
The 2021 drill program is substantially complete and 21,675 metres have been drilled. Work will be resumed when the evacuation order is lifted and it is safe to do so. For 2022 a drill program of over 25,000 metres is planned and drilling will commence in Q1.
Claudia Tornquist, President and CEO of Kodiak said, “2021 has been a year of exceptionally challenging weather conditions. Our thoughts are with all those affected by the heavy rains and floods in British Columbia. Special thanks to the first responders and emergency support services who are working hard to help others.”
On behalf of the Board of Directors
Kodiak Copper Corp.
President & CEO