copper discovery opportunities in north america · copper discovery opportunities in north america...

May 2020 TSXV:KDK │ WKN: A2P2J9 │ OTC:OCPFF

Copper Discovery

Opportunities in

North America

www.kodiakcoppercorp.com TSXV:KDK │ WKN: A2P2J9 │ OTC:OCPFF 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

Trapper Copper-Gold Project(British Columbia)

◆ Gold-rich porphyry project with significant size potential

◆ In Golden Triangle

MPD Copper-Gold Project (British Columbia)

◆ Recently consolidated porphyry project

◆ Road accessible, in prolific copper-gold belt, near producing mines

◆ Gate Zone Discovery in 2020

Mohave Copper-

Molybdenum-Silver Project(Arizona)

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

◆ Excellent infrastructure

Kodiak’s Strategy:

100% Owned

Known District

Large Scale

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 Gate Zone discovery on our first drill program – best hole in the 50-year history of the MPD copper gold project in Southern BC

Can thrive in current uncertain markets – strong cash position and tight capital structure, only 37 million shares outstanding

High impact drill program at MPD in early summer to follow up on initial discovery –near term catalysts and newsflow

High quality project portfolio – acquired inexpensively, in low-risk jurisdictions, excellent infrastructure, significant size potential – each could be a company-maker

Member of Discovery Group led by well-respected mining entrepreneur John Robins –access to capital, A-list geologists, reputation for 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 the Discovery Group of Companies. 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


Board Members

Gary Schellenberg, B.Sc. Geology, Director

30 years of worldwide exploration and venture capital

experience. Director of Winspear Resources, which sold

the Snap Lake diamond mine to DeBeers in the 1990’s

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, 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 practice

experience. Instrumental in several major mining project

sales

Advisors

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

35+ years including Chief Mineralogist for Ashton Mining,

Superior Minerals and Stornoway

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)

Dr. Charles (Chuck) Fipke, Ph.D

Discoverer of Canada’s first diamond mine at Ekati,

NWT, received an honorary Doctorate and numerous

awards

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


Green Revolution Fuels Copper Demand

“While conventional cars have 18-49 pounds

of copper, hybrid electric vehicles contain

approximately 85 pounds, plug-in hybrid

electric vehicles use 132 pounds, battery

electric vehicles contain 183 pounds – Copper

Alliance

“BHP now estimates that “at least 132 million

EVs will be on the world's roads in 2035” - BHP

“Over the next 26 years the world is going to

mine more copper than what has been mined

in all history.” – USGS, Chief Economist, 2018

“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

Source: MinEx


Copper Deficit Looming

“Copper projects are notoriously large-scale in size, and the

pipeline of new projects is the lowest in a century” - Mining.com

Source: Wood Mackenzie, Rio Tinto

Supply gap opening upOversupply, lower

and volatile prices4-6 Mt of additional

capacity required

by 2025

Primary demandBase Case Production Highly probable projects

Copper Supply/Demand (million tonnes)


Average mined copper grades (2017):

◆ World 0.59%

◆ Canada 0.35%

◆ US 0.33%

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

◆ Copper Mountain 0.23% Cu

◆ Highland Valley 0.3% Cu

◆ Red Chris 0.36% CuSource: AME, company websites

Copper Grades Are Rapidly Declining


MPD – Recently Consolidated Land Package, Large

Copper-Gold Porphyry System

Copper Mountain Mine

◆ Large, 7,850-hectare (78.5 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 (New Afton, Highland Valley, Copper Mountain), 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

To

Merritt

(35 km)

To Princeton

(25 km)

97C

Summers

Creek Rd

5 KM

Man

DillardPrime

MPD

PROPERTY

To Kelowna

(55 km)


MPD – Good Historic Drill Results, Most Drilling

Very 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 confirmedacross a large, 10km2

area

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

To Merritt

(35 km)

To Princeton

(20 km)

ManDillard

Prime

MPD PROPERTY

Cu Au Porphyry

MPD PROPERTY

Cu Au Porphyry

Source: Magnetic 1st Vertical Derivative - Canadian Airborne Geophysical Database,

GSC 1947-2010 and; Assessment Reports to MEMPR, 1980 to 2013


MPD – Limited Historic Drilling at Depth Intercepted

Higher Grade Porphyry Mineralization

◆ Deeper drilling for the first time in 2013 encountered significant intervals of higher grade copper/gold mineralization

◆ Kodiak’s first drill program in November 2019 was designed to follow up and expand on these results

Source: Assessment Reports to MEMPR, 1980 to 2013


MPD - Successful First Drill Program, Discovery of

Gate Zone

◆ Kodiak’s first drill program at

MPD in November 2019

(1,766m in 3 holes at Prime &

Man Zones) yielded excellent

results

◆ Deeper drilling than historic

holes

◆ Newly discovered Gate Zone

had significantly higher

grades than historic drilling,

with the longest mineralized

interval reported to date

◆ Kodiak drilled intervals

compare favorably to

grades reported from

neighboring mines


MPD - Highest-Grade Drill Intercepts on Property

and Best Hole To Date

◆ 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 just below shallow historic drilling extents

*See Kodiak news release 2020/01/16


MPD – Great Potential for More Discoveries Below

Shallow Historic Drilling

◆ Work to date show the hallmarks of a well-mineralized, large or multi-centre porphyry system open at depth

◆ Rarely drilled below 200m vertical depth, great discovery potential with deeper drilling

Source: Historic IP chargeability compilation (contours mV/V): Magnetic and Induced Polarization Survey - Walcott and Associates Ltd. for CandoradoOperating Co. Ltd., 2007 and; Induced Polarization Survey, Dillard Property – Scott Geophysics Ltd. for Fjordland Exploration Ltd., 2013


MPD - Large Geochemical & Geophysical

Anomalies, Multiple Near Term Drill Targets

Source: Historic Cu in Soil Geochemical Compilation - Assessment Reports to MEMPR:1980 to 2008, Discovery Consultants Ltd, Candorado Op. Co. Ltd., Newmont Exp. Can. Ltd. and: Fjordland Minerals.

◆ Large geochemical anomalies coincide with geophysical anomalies in areas of known copper-gold mineralization at surface and in drill holes

◆ Multiple near-term drill targets; best targets being selected for deeper drilling in Q2/20


MPD – Vectoring in on Porphyry Centres in Next

Drill Program

◆ Considered as an upright and intact porphyry

system with: zoned/varied alteration to depth;

porphyry related veining-breccia and; pervasive

Cu-Au-Ag mineralization

◆ Initial drill holes interpreted to have not yet tested

porphyry centre(s)

◆ Will now vector in on higher grade

mineralization, up dip and at shallower depths

Gate Zone MPD-19-003: 111-805m (694m)

Gate Zone


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 east 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, Ready to

Be Drilled

◆ 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


Trapper – Evidence of Large Porphyry Complex,

Next to Brixton’s Thorn Project

◆ 3,756 hectare (38 km2) land package in the northern Golden Triangle, Northern British Columbia, 100% owned

◆ Textbook copper/gold porphyry complex with alteration signature of over 15 km2

◆ Geophysics, grab sampling and 42 holes (8581 m) of diamond drilling in 2011

◆ Adjacent to Brixton Metal’s Thorn property (554.70m of 1.97 g/t AuEq drilled in Sept 2019)


Trapper – Attractive Gold Values in Large

Polymetallic System

◆ Circular mineralized ring zone with over 10km of strike surrounding a porphyry centre

◆ Gold-rich polymetallic mineralization drilled across 2.2 kilometres, and associated surface copper porphyry showings

◆ 2011 drill program included visible gold in core in drill hole flanking copper porphyry, including 34.11 m of 1.71 g/t gold

Trapper

TRAPPER PROJECT

Source: Airborne TDEM /Magnetic Survey – SkyTem Surveys, 2011 and; Exploration Data - Ocean Park Ventures Corp. 2011


Kodiak’s Porphyry Projects - Summary & Highlights

Assets• Portfolio of three 100% owned copper porphyry projects: Trapper, MPD & Mohave

• Advanced exploration stage, highly prospective, significant size potential

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

• Projects with complementary exploration seasons, year-round work possible

Infrastructure• MPD & Mohave adjacent to highways, road accessible year-round

• Trapper accessible through Brixton Metals’ (TSX-V:BBB) Thorn camp

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

Robins, Tom McCandless

Permitting/

Community• MPD, Mohave & Trapper - Fully Permitted for Exploration

Key Milestones

✓ Q1 2020: MPD Gate Zone Discovery

❑ Q2 2020: MPD Airborne ZTEM Geophysical Survey

❑ Q2 2020: MPD Phase II Drill Program

❑ Q3/4 2020: MPD Phase II Drill Program

❑ Q3/4 2020: Mohave Exploration Program


Timeline & Milestones

MPD

Drill Results, Gate Zone Discovery

Petrography-Geochem-Geology

Airborne Geophysics Survey

Phase II Drill Program

Phase II Drill Results

Prospecting & Soil Sampling

Phase III Drill Program

Mohave

Data Analysis & Targeting

Phase I Drill Program

Drill Results

2020 Program

Q1 Q2 Q3 Q4


Kodiak Copper Corp. TSX-V:KDK (as of May 19, 2020)

Recent Share Price ~C$0.285

Market Cap ~ C$10.5M

Shares Outstanding ~ 36.6M

Options ~ 2.8 M (WA $0.59)

Warrants ~ 8.7 M (WA $0.81)

Fully Diluted Shares ~ 48.3 M

TSX.V:KDK – One Year

52-Week Hi-Lo: $0.625 - $0.19 CAD


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:OCPFF

copper discovery opportunities in north america · copper discovery opportunities in north america...

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