new copper-gold discovery in world class mining district2021/01/26 · tsxv:kdk wkn: a2p2j9...

January 2021 TSXV:KDK │ WKN: A2P2J9 │ OTC:KDKCF

New Copper-Gold

Discovery in World

Class Mining District

www.kodiakcoppercorp.com TSXV:KDK │ WKN: A2P2J9 │ OTC:KDKCF 2

Forward Looking Statement

This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this

presentation and Kodiak Copper Corp. does not intend, and does not assume any obligation, to update these forward-looking

statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated

future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to

data. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual

results, performance or achievements of the Company to be materially different from any future results, performance or achievements

expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current

exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to

acquire or dispose of property interests; future prices of mineral resources; accidents, labour disputes and other risks of the mining

industry; ability to obtain financing; and delays in obtaining governmental approvals or financing.

This presentation does not constitute an offer to sell or solicitation of an offer to buy any securities Kodiak Copper Corp.

The reader is cautioned that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability, and

might never be converted into Reserves. Figures may not sum due to rounding. Decimal figures do not indicate added level of

precision. Cpt = carats-per-tonne; Mct=million carats; Mt=million tonnes

Historic information reported herein was obtained from publicly available sources and industry reports. Kodiak believes this

information to be from reliable sources using acceptable industry practices at the time, but the Company has not independently

verified and cannot guarantee the accuracy of the historic information disclosed, therefore readers should use caution in placing

reliance on such information. Management also cautions that Kodiak has not performed any exploration on the MPD Project to date.

Comparisons to adjacent or similar mineral properties, deposits and mines are provided for information purposes only. Kodiak has no

interest in, or rights to explore or mine any such properties and references to other deposits reported herein are not indicative of

deposits or results obtained on the Company's properties.

Jeff Ward, P.Geo, is the Qualified Person as defined by NI 43-101 standards responsible for reviewing the technical content of this

presentation.


Applying Chris Taylor’s Successful Great Bear

Formula in Copper/Gold Porphyries

Kahuna

MPD Copper-Gold Project (British Columbia)

◆ Recently consolidated porphyry project

◆ Road accessible, in prolific copper-gold belt

◆ Near producing mines –Copper Mountain, Highland Valley, New Afton

◆ Recent High-grade Gate Zone Discovery

Mohave Copper-

Molybdenum-Silver Project(Arizona)

◆ Porphyry project near Freeport McMoran’s Bagdad mine; geologically and structurally analogous

◆ Excellent infrastructure

Kodiak’s Strategy:

Large scale assets,

100% owned

Easily accessible,

established district

Previously drilled -

but new geological

interpretation


Why Invest in Kodiak Copper Now?

Sister company of Great Bear (TSXV-GBR), which recently made one of the most significant gold discoveries globally – both companies founded by Chris Taylor

Applying Great Bear’s strategy in the copper space – unlock the value of historically drilled, underexplored assets in prime locations using new interpretation and technology

Proved our approach with recent Gate Zone discovery at the MPD copper gold project in Southern BC– best drill results in the 50-year history of the project

MPD shows all the hallmarks of a large, multi-centered alkalic porphyry system –copper and gold mineralization drilled over 10 km2

Fully funded for large drill program of up to 30,000 metres in 2021 – strong cash position of $14m

Tight capital structure with only 45 million shares outstanding – Teck Resources became largest shareholder with $8 million investment

Member of Discovery Group led by well-respected mining entrepreneur John Robins –access to technical and capital market expertise, track record of rewarding shareholders


Track Record of Discovery & Shareholder Returns

Christopher Taylor, Chairman

Mining entrepreneur and founder of Kodiak Copper. Structural and

economic geologist with 20+ years of experience with producers and

exploration companies. Founder, CEO & President of Great Bear

Resources. Led the Kodiak’s spin-out of Solstice Gold Inc and is a

current Director.

Claudia Tornquist, M.Eng, MBA, President & CEO

Formerly GM at Rio Tinto working with Rio Tinto’s copper and

diamond operations. Also held the position of EVP Business

Development for the streaming company Sandstorm Gold. Director

of Silver One Resources and former director of Kennady Diamonds,

leading the $176m sale of the company to Mountain Province as

chair of the special committee of the board.

John Robins, P.Geo, Advisor

30+ years of corporate experience with publicly listed companies.

Founder of Discovery Group. Director of Bluestone Resources,

Fireweed Zinc, ValOre Metals, K2Gold. Founder and Director at

Kaminak Gold through to its acquisition by Goldcorp for $520 million

in 2017. Co-founder of Hunter Exploration and former Chairman of

Northern Empire (sold to Coeur Mining).


Discovery Group – Access to Expertise, Contacts,

Capital

KDK

ELE

MPD

Mohave


Board Members

Kevin Tomlinson, HBSc. MSc., Ind. Director

Structural geologist and investment banker, 35 years in

exploration, development and financing of mining

companies globally. CEO of C3 Metals, chairman of

Bellville Gold, former chairman of Cardinal Resources

Steven Krause, CPA, CA, ICD.D, Lead Ind. Director

CFO of Viva Gold Corp and former CFO of Bear Creek

Mining. Former chairman of Luna Gold, where he led the

$360m merger with JDL Gold to form Trek Mining

Chad Ulansky, B.Sc. P.Geo, Ind. Director

Extensive exploration experience in precious and base

metals that includes the original Ekati diamond discovery

Tony Ricci, CA, CFO & Director

Chartered accountant with 20+ years of experience.

Instrumental in several major mining project sales

Advisors

Tom McCandless, Ph.D., P.Geo,

40+ years of exploration with a focus on copper

porphyries and diamonds. Adjunct professor at the

Universities of Arizona and Alberta

Jim Paterson, B.Comm

20 years of corporate experience with TSXV companies

incl. Northern Empire, Bluestone Resources, Kaminak

Gold, ValOre Metals

Board, Advisors, Management

Advisors (con’t)

John Robins, P.Geo, Advisor

Founder of Discovery Group, one of Canada’s most

successful exploration groups. Former Chair of

Kaminak (purchased for $520M by Goldcorp).

Recognized by the Assoc. for Mineral Exploration in

British Columbia with the H.H. “Spud” Huestis Award

Management

Jeff Ward, P.Geo, VP Exploration

Precious and base metals exploration in Canada for

35+ years with Kivalliq Energy, Corona Corp, Ashton

Mining, Stornoway Diamonds

Andrew Berry, VP Operations

Exploration operations for 35+ years in the Americas

and Africa

Emily McNie B.Sc, Project Geologist

Project geologist in Canada since 2011

Knox Henderson, Investor Relations

20 years marketing, investor communications for

TSX-V, CSE and NASDAQ listed companies

and


The Green Revolution Drives Copper Demand …

Electric Vehicle Forecast

Source: Rio Tinto

“To enable any plausible growth in emission-free energy, more copper will be

required in the next 25 years than was consumed in the last 500 years.” Rio Tinto


… BUT Supply Faces a Crunch

“Copper projects are notoriously large-scale

in size, and the pipeline of new projects is

the lowest in a century” - Mining.com

“More copper was found in 1991 alone than

all of the copper found in the last 10 years”

– Cambridge House

Copper Discoverries by Decade

Source: USGS, Wood Mackenzie, Schmitz, corporate reports and Bernstein estimates (2016-19) and analysis

Copper Discoveries by Decade

Source: Wood Mackenzie & Teck


Average mined copper grades (2018):

◆ World 0.53%

◆ Canada 0.35%

◆ US 0.33%Source: mining.com

Examples of Canadian copper mines (P&P reserves):

◆ Copper Mountain 0.24% Cu, 0.11g/t Au

◆ Highland Valley 0.31% Cu

◆ Red Chris 0.36% Cu, 0.27g/t AuSource: AME, company websites

Copper Grade Of Mined Ore Is Rapidly Declining

https://www.mining.com/copper-supply-deficit-worse-think/#:~:text=The%20next%20generation%20of%20copper,an%20average%20grade%20of%200.39%25.


MPD – Recently Consolidated Land Package in

World-Class Mining District

Copper Mountain Mine

◆ Large, 9,733-hectare (97.3 km2) land package in South-Central British Columbia, 100% owned

◆ Porphyry project consolidated from three properties (Man, Prime, Dillard); explored since the 1960’s but never as single project with modern methods

◆ In a proven, mineral producing belt with mines nearby (Copper Mountain, Highland Valley, New Afton), some with similar geology and mineralization to MPD

◆ Easily accessible and cost-effective to explore

Source: BC Geological Survey


MPD – Road Access and Close to Infrastructure

◆ Property adjacent to highways and with excellent road and trail access

◆ Close to nearby mines, transmission corridor and towns of Merritt, Princeton and Kelowna


MPD – Good Historic Drill Results Across a Large

Area, Most Previous Drilling Shallow

◆ 129 drill holes (25,780 m) completed from 1966 to 2014. Previous operators include Rio Tinto PLC (LSE:RIO) and Newmont Mining Corp (NYSE: NEM)

◆ Numerous showings, copper and gold confirmed across a large, 10km2 area; indicate potential for large copper-gold porphyry system

◆ Mineralization from surface, historic drill holes rarely tested below 200m vertical depth

◆ Discovery potential across entire MPD property with deeper drilling


MPD – Maiden Drill Program Yielded Gate Zone

Discovery

◆ Kodiak’s first drill program at MPD in November 2019 (1,766m) yielded excellent results

◆ Deeper drilling than historic holes

◆ Discovery hole MPD19-003 mineralized from bedrock surface to 800m, open at depth and average grade of 0.28% CuEq over 763.6m (0.21% Cu, 0.07 g/t Au and 0.77 g/t Ag)*

◆ Several higher-grade intervals including: 102m of 0.68% CuEq (0.53% Cu, 0.16 g/t Au and 1.71 g/t Ag)*

◆ Highest grades encountered were just below shallow historic drilling extents

*See Kodiak news release 2020/01/16


MPD – High-Grade Discovery at the Gate Zone in

Successful 2020 Drill Program

◆ 6,698m of drilling in 9 holes at Gate Zone in 2020

◆ Drill program targeted large, 1km long copper-in-soil anomaly which coincides with a magnetic and resistivity anomalies

◆ Significant mineralization over substantial widths in all 2020 holes

◆ Drilling yielded some of the best early-stage copper-gold intervals reported from Southern BC


MPD – Discovery of Significantly Higher Copper-Gold

Grades Transformative for the Project

◆ Discovery of central high-grade copper-

gold zone within wider mineralized

envelope at Gate

◆ Mineralization over substantial intervals

(500m+); highest grades in 50-year

history of property

◆ Best intercept of 535 m of 0.49 % Cu and

0.29 g/t Au (0.76% CuEq) including 282 m

of 0.70% Cu and 0.49 g/t Au (1.16%

CuEq), including 45.7 m of 1.41% Cu and

1.46 g/t Au (2.75% CuEq)*

◆ High gold values, approx. 1:1 ratio of g/t

gold to % copper indicative of proximity to

porphyry centre

*See Kodiak news release 2020/10/22


MPD – High-Grade Copper-Gold Zone within Wider

Mineralized Envelope

Hole ID From (m) To (m) Width**(m) % Cu Au g/t Ag g/t %CuEq*

MPD-20-004 380.0 382.8 2.8 0.99 0.58 3.7 1.55

MPD-20-004 382.8 386.0 3.3 1.19 0.67 4 1.83

MPD-20-004 386.0 389.0 3.0 2.54 1.39 6.9 3.86

MPD-20-004 389.0 392.0 3.0 2.64 1.87 13.3 4.46

MPD-20-004 392.0 395.0 3.0 1.61 1.43 6.8 2.97

MPD-20-004 395.0 398.0 3.0 1.15 1.20 3.8 2.27

MPD-20-004 398.0 401.0 3.0 1.06 1.45 4.2 2.41

MPD-20-004 401.0 404.0 3.0 1.75 1.79 7.6 3.43

MPD-20-004 404.0 407.0 3.0 1.87 3.34 9.3 4.98

MPD-20-004 407.0 410.0 3.0 0.70 1.21 2.7 1.81

MPD-20-004 410.0 413.0 3.0 0.90 1.57 4.5 2.36

MPD-20-004 413.0 416.0 3.0 0.54 0.89 2.5 1.37

MPD-20-004 416.0 419.0 3.0 1.20 1.33 4.7 2.44

MPD-20-004 419.0 422.0 3.0 1.48 1.79 5 3.14

MPD-20-004 422.0 423.0 1.0 0.87 0.97 2.3 1.77

MPD-20-004 423.0 425.7 2.7 1.70 1.67 5.5 3.26

◆ Newly discovered high-grade zone at Gate is

part of a wider, significantly enriched copper-

gold envelope; intersected to date over

substantial intervals and to a depth of over 800

metres;

◆ Interpreted as an upright and intact porphyry

system with zoned/varied alteration to depth,

porphyry related veining-breccia with significant

intervals of Cu-Au-Ag mineralization

◆ Will continue to vector in on geological and

structural controls of high grade mineralization

Assay table and core pictures from MPD-20-004 & MPD-20-005 from news release Sep, 3 2020.


MPD – Up to 30,000m of Drilling in 2021, Great

Potential for Discovery and Size

◆ Fully funded for up to 30,000m of drilling in 2021, geological studies, IP surveying, geochemical vectoring

◆ Teck Resources invested C$8 million for 9.9% based on the success of early drill results at MPD

◆ Work to date shows all the hallmarks of a well-mineralized, large or multi-centre porphyry system

◆ Drill-testing large copper-in-soil anomaly at Gate Zone (1000m long but only 125m drilled to date); anomaly is central to a larger regional magnetic low with 3km of strike length

◆ Analogous target areas at Dillard and Dillard East (2-5km from Gate Zone) with strong potential for similar copper-gold mineralization


Mohave – Bagdad Mine Analogue in Prolific Arizona

Mining District

◆ 100% owned copper-molybdenum-silver porphyry project with sizeable footprint

◆ 1,025 hectare (10km2) land package in Mohave County, Arizona

◆ 33km west of Freeport’s Bagdad mine; geologically and structurally similar


Mohave – Road Access and Year-Round Exploration

Potential

To

Phoenix

(160 km)

1 KM

MOHAVE

PROPERTY

93To

Bagdad

(33 km)

◆ Adjacent to highway between Phoenix and Las Vegas, excellent road and trail access

◆ Water well just off-property (500m) and transmission lines nearby

To

Las Vegas

(213 km)

Water well


Mohave – Immediate Exploration Upside, Slated for

Next Drill Program

◆ Drilling in 1960's/70's identified porphyry mineralization in shallow RC holes (15)

◆ Very little recent drilling (11 holes in 2011) -historically defined targets, geophysical and geochemical anomalies remain untested

◆ Magnetics define sizeable donut-type feature, characteristic of porphyry deposits

◆ Extensive rock and soil mineralization over large area (2.5 x 2.5 km) with coincident IP anomaly

Source: Historic Compilation, Exploration Data and Presentations - Bluestone Resources Inc,, 2011


Kodiak’s Porphyry Projects - Summary & Highlights

Assets• Portfolio of two 100% owned copper porphyry projects: MPD & Mohave

• Advanced exploration stage, highly prospective, significant size potential

Jurisdiction• Safe, mining-friendly jurisdictions – British Columbia & Arizona

• Year-round work possible at both projects

Infrastructure • Adjacent to paved highways in established mining districts

Team• Proven base and precious metal expertise: Chris Taylor, Claudia Tornquist, John

Robins, Tom McCandless, Kevin Tomlinson

Permitting/

Community• Fully Permitted for Exploration

Key Milestones

✓ Q1 2020: Gate Zone results for maiden drill program at MPD

✓ Q2 2020: Start of MPD phase II drill program

✓ Q3/4 2020: High-grade discovery at Gate Zone, drill program extended

❑ 2021: Up to 30,000 drilling at MPD


Kodiak Copper Corp. TSX-V:KDK (as of Jan 26, 2021, all C$)

TSX.V:KDK – One Year (01/26/2021)

52-Week Hi-Lo: $3.37 - $0.19 CAD

Share Price $1.35

Market Cap $60.5 M

Shares Outstanding 44.8 M

Options (avg. exercise price $0.60) 2.7 M

Warrants (avg. exercise price $0.79) 4.3 M

Fully Diluted Shares 51.8 M

Cash Position $14 M

Management &

Board 8.6%


Contact Information

1020 - 800 West Pender Street,

Vancouver, BC, V6C 2V6

Phone: +1 604 646 8362

Email: [email protected]

www. kodiakcoppercorp.com

TSXV:KDK │ WKN: A2P2J9 │OTC:KDKCF

new copper-gold discovery in world class mining district2021/01/26 · tsxv:kdk wkn: a2p2j9...

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