Kodiak Copper - Poised for Additional High-Grade Discoveries in Southern BC

• Kodiak Copper, a copper exploration company, has the ‍MPD project in southern British Columbia where a discovery was made in 2019, and it has since expanded on this discovery.
• The company undertook a large drill program in 2022, drilling 26,000 meters, primarily in the Gate Zone where they made their initial discovery. The Gate Zone now extends a kilometer in length, 350 meters across, and 900 meters deep, showcasing a high-grade profile.
• Kodiak Copper is initiating another large drill program of 25,000 meters, focusing on testing different targets and aiming to make further discoveries.
• The company has seen copper and gold over a span of 14 square kilometers at MPD. The Gate Zone has shown significant high-grade copper, and they are now looking to discover more zones similar to the Gate Zone.‍
• ‍Kodiak Copper recently raised $8.4 million, bringing their treasury to approximately $12-13 million. They aim to test four or five targets this year to discover the next high-grade center.

Kodiak Copper Corp. (TSX-V: KDK) is advancing its 100% owned MPD copper-gold porphyry project in southern British Columbia, Canada. With one discovery already made and a large land package prospective for additional discoveries, Kodiak offers investors excellent exposure to high-grade copper and gold in a premier mining jurisdiction.

About Kodiak Copper

Kodiak Copper is an exploration company focused on copper and gold projects in Canada. The company is chaired by Chris Taylor, a recognized leader in mineral exploration best known for his involvement with Great Bear Resources.

Kodiak's flagship asset is the MPD project in southern BC, where the company made a high-grade copper-gold discovery called the Gate Zone in 2020. Kodiak has significantly expanded the Gate Zone through ongoing drilling and sees excellent potential for additional discoveries across its 14 km2 land position.

Why Invest in Kodiak?

• Proven exploration team with track record of success
• 100% ownership of large, prospective land package in southern BC
• Existing high-grade discovery with expansion/resource delineation upside
• Multiple untested targets for potential new discoveries
• Located in a premier mining jurisdiction with excellent infrastructure

Advancing the Flagship MPD Project

The MPD project is a large copper-gold porphyry system with a footprint spanning 14 km2 in the prolific Quesnel Trough of southern BC. Historic drilling and recent results from Kodiak demonstrate the presence of significant copper and gold mineralization starting at surface.

Kodiak Copper acquired MPD because of its size potential. The company has steadily advanced the project, starting with the discovery of high-grade mineralization at the Gate Zone.

Expanding the High-Grade Gate Zone Discovery

The Gate Zone was discovered through Kodiak's targeted drilling below shallow historic mineralization. Results demonstrate a significant new porphyry center with high-grade copper and gold mineralization.

Highlights of the Gate Zone include:

• 1.13% CuEq over 101 m and 0.76% CuEq over 502 m
• Extended to over 1 km in length, 350 m width, 900 m depth
• Remains open for expansion

Kodiak Copper believes the Gate Zone could represent the first of several high-grade centers at MPD, typical of a large copper-gold porphyry system. Grades at the Gate Zone are significantly higher than the average mine grades in the region, suggesting strong economic potential.

Testing Additional Targets in 2022

With the Gate Zone advancing towards resource delineation, Kodiak is now focused on new target areas across the MPD property. The company has allocated its recently raised $8.4M towards a 25,000 m drill program in 2022, prioritizing 4-5 high-potential porphyry targets.

Early drilling from this program at the West Zone target has intersected significant mineralization under shallow historic drilling, validating Kodiak's exploration model. Additional results will be released through July 2022.

Significant Exploration Upside at MPD

With only 50% of the MPD property explored to date, Kodiak sees substantial opportunity for new discoveries and resource growth. The 2022 drill campaign aims to uncover multiple new high-grade porphyry centers, proving up MPD as a premier copper-gold project.

The Investment Thesis for Kodiak Copper

Strong Macro Outlook for Copper

• Copper demand is expected to surge in coming years due to electric vehicle adoption and renewable energy growth. Major supply deficits are forecast by the mid-2020s.
• Current copper prices are already approaching 4-year highs around $4/lb. Further price appreciation is widely anticipated.

Exceptional Location

• The MPD project is located in southern British Columbia, Canada. BC is considered one of the top mining jurisdictions globally, with superb infrastructure and a skilled workforce.

Near-Term Resource Potential

• With the large, high-grade Gate Zone, Kodiak is well positioned to delineate an initial copper-gold resource estimate over the next 1-2 years. An official resource could act as a major value catalyst.

Significant Discovery Potential

• Only 50% of the MPD property has been explored to date. Kodiak has a multi-year pipeline of high-potential drill targets that could yield major new discoveries.

Tight Capital Structure

• Kodiak has under 100 million shares outstanding and is well funded. This provides shareholders with substantial leverage to exploration success and resource growth.

Proven Leadership Team

• Kodiak's technical team is headed by industry veteran Claudia Tornquist and renowned geologist Jeff Ward. The company is also chaired by Chris Taylor of Great Bear Resources fame.

Summary

Kodiak Copper offers investors excellent leveraged exposure to rising copper prices and significant near-term resource and discovery potential, all in a premier mining jurisdiction. The team has demonstrated exploration and discovery success and proven significant resource expansion and discovery potential. The MPD project is in a prime location in a top-tier mining jurisdiction. With one high-grade zone discovered and an extensive pipeline of targets, Kodiak is poised to deliver substantial value growth through ongoing exploration at MPD.