Kodiak Copper Acquires Adjacent Claims and Launches Soil Programme at MPD Project

• Kodiak Copper has acquired 13.1 square kilometres of claims from Eagle Plains Resources, expanding the MPD Project to 357 square kilometres.
• The 12.1 square kilometre Ketch claim block is located immediately north and along trend of the Ketchan deposit, which measures 1,800 by 500 metres.
• Consideration consists of 300,000 Kodiak shares and a 2% net smelter return royalty, with Kodiak holding the right to buy back 1% for $1.75 million.
• A 2,000-sample soil geochemical programme has commenced at MPD Northwest, expected to complete in November 2025.
• The MPD Northwest area contains 24 known mineral occurrences, including six with porphyry-related copper-gold mineralisation.

Kodiak Copper Corp. (TSXV: KDK) is a Canadian exploration company focused on discovering and developing high-quality copper-gold porphyry deposits in North America. The company holds 100% ownership of copper porphyry projects in Canada and the United States that have been historically drilled and present known mineral discoveries. The company's primary asset is the MPD copper-gold porphyry project in the Quesnel Terrane in south-central British Columbia, which benefits from existing infrastructure and proximity to producing mines.

Acquisition of Adjacent Claims from Eagle Plains Resources

Kodiak has entered into a property purchase agreement with Eagle Plains Resources, an arm's-length Canadian exploration company, to acquire a 100% interest in the claim package. The transaction is subject to TSX Venture Exchange approval and other customary conditions. Consideration comprises 300,000 Kodiak shares upon closing and a 2% net smelter return royalty. Kodiak retains the right to buy back 1% of the royalty for $1.75 million at any time.

The newly acquired claims consist of 13.1 square kilometres adjacent to the MPD Northwest area, bringing total MPD landholdings to 357 square kilometres. The package includes the 12.1 square kilometre Ketch claim block, positioned immediately north and along trend of the Ketchan deposit. The Ketchan deposit has been drilled over an area of 1,800 by 500 metres and forms part of the initial mineral resource estimate for MPD announced in June 2025.

President and CEO Claudia Tornquist stated,

"Kodiak's strategy to consolidate the MPD district over the past seven years has been key in generating the critical mass to bring this project to fruition and demonstrate that it has the potential to become a major mine in the future. The acquisition of the Ketch claim package is a logical next step, and I am glad we were able to secure these strategically located claims which could potentially host an extension of our Ketchan deposit."

Strategic Location Relative to Ketchan Deposit and MPD Northwest Targets

The Ketch claim block is located immediately north of the Ketchan deposit, which spans 1,800 by 500 metres based on drilling completed to date. A northwesterly geophysical trend associated with the Ketchan deposit continues onto the Ketch claim package. Further work will be required to determine if an extension to the Ketchan deposit is present along this trend.

The acquisition expands Kodiak's operational area in the MPD Northwest, which hosts 24 known mineral occurrences. Six of these occurrences exhibit porphyry-related copper-gold mineralisation. The expanded land position provides access to explore these existing occurrences and the geophysical trend extending from Ketchan.

The claims provide land coverage along the geological trend of an existing resource-stage deposit. The geophysical trend identified at Ketchan represents an exploration target on the newly acquired ground, though no mineralisation has been confirmed on the Ketch claims at this stage.

Soil Geochemical Programme Initiation

A soil geochemical programme consisting of 2,000 samples is currently underway to explore targets on the MPD Northwest claims. The programme will investigate historical showings, VRIFY artificial intelligence targets, and the area around the Ketchan deposit. Fieldwork is expected to be complete in November 2025.

Soil geochemical sampling is used to detect geochemical signatures in soils that may indicate buried mineralisation. The programme covers multiple target types across the MPD Northwest area, including historical mineral showings that have received limited modern follow-up and targets generated through artificial intelligence analysis of existing geological data.

Tornquist commented,

"I am looking forward to the results of the current soil program which focuses on advancing several promising targets on the prospective MPD Northwest area."

Next Steps

Kodiak is focused on completing the soil geochemical programme at MPD Northwest by November 2025 and delivering the initial resource estimate for all seven mineralised zones by year-end 2025. The Eagle Plains transaction remains subject to TSX Venture Exchange approval. The soil programme results will inform future exploration priorities at MPD Northwest, while the comprehensive resource estimate will provide an updated assessment of the seven known mineralised zones at the MPD Project.

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