Skip to content

Kodiak Copper adds AI technology to its search for copper at MPD site

*

Kodiak Copper Corp [TSXV: KDK] is looking ahead to the new exploration season with multiple new prospects to investigate at its MPD property in British Columbia. The management team says they have 24 target areas, many of them hosting large, kilometre scale anomalies.

Kodiak Copper is currently exploring 100% owned copper porphyry projects in Canada and the US which have been historically drilled. Its most advanced asset is the aforesaid MPD copper-gold porphyry project, which is located in the prolific Quesnel Terrace in south-central British Columbia.

MPD is part of an established mining district with producing mines and excellent infrastructure.  Kodiak Copper has already made an initial discovery of high-grade porphyry at the Gate Zone and has also successfully outlined multiple large mineralised zones across the MPD property.

Plenty of new prospects for Kodiak Copper drill team

Drilling to date has tested eight target areas with results in from six. Kodiak has hit copper at every drilled target, including mineralisation from surface and to depth of almost a kilometre. The miner has delineated large, high-grade zones at several of the targets. The new drill program, commencing this spring, is presenting the exploration team with a lot of new and compelling prospects.

Kodiak’s 2023 regional exploration program identified five new targets at MPD. Regional work has confirmed significant copper-gold porphyry mineralisation stretching for 20km across numerous target areas.

Kodiak said that at the Blue target, a new 3D Induced Polarization geophysical response extends from surface to a depth of 700m. The anomaly is associated with a kilometre-scale copper-in-soil anomaly and prospecting samples with significant copper-gold-silver, including a sample with 3.19% Cu, 0.21 g/t Au and 41 g/t Ag.

Artificial intelligence to be used to assist exploration

Kodiak Copper also reported that the company has signed an agreement with VRIFY to use its advanced artificial intelligence mineral targeting software to enhance exploration and drilling at MPD. Data from MPD is being analysed with the aim of predicting a high probability of mineralisation.


The company said that initial results from the AI study “are very encouraging and highlight drill targets already identified by Kodiak, in addition to a number of new prospective areas.” The company said that the new areas identified by VRIFY AI will be investigated as part of the company’s 2024 exploration program.

“I have no doubt that AI will revolutionise mineral exploration by vastly improving the integration and evaluation of large geological data sets, thus accelerating drill targeting, enhancing efficiency and reducing exploration costs,” said Claudia Tornquist, President and CEO of Kodiak Copper. “We are thrilled by the initial results from our work with VRIFY. Their powerful mineral targeting software fuses cutting-edge AI technology with human expertise in an iterative process, capable of validating existing targets and generating potential new ones at a rapid pace.”

Tornquist added that MPD is well suited to AI-enhanced exploration as it is a treasure trove of data, with Kodiak’s extensive project database complemented by historic information spanning many decades.

Invest with these platforms

Hargreaves Lansdown IG Interactive Brokers Interactive Investor Charles Stanley
IG Interactive Brokers Charles Stanley

Looking for great investing ideas? Sign up to our free newsletter.

Join our UK news channel on WhatsApp

This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

Learn with our free 'How to' Guides

Our latest in-depth company reports

Detailed reviews of selected companies and investment trusts.

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone
Admiral Markets

TMX
WisdomTree
ARK
FxPro
IG
Back To Top