Kodiak Files NI 43-101 Technical Report: Initial Mineral Resource Estimate at the MPD Copper-Gold Project
Original announcement by tmx on
- Company
- Kodiak Copper Corp.
- Ticker
- KDK
- Exchange
- TSX
- Region
- British Columbia
- Primary commodity
- Copper
- Secondary commodities
- Gold, Silver
- Document categories
- Resource update
- Extracted
- 2026-09-16 07:03:00 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Kodiak Copper Corp. has filed an initial NI 43-101 compliant Mineral Resource Estimate for its MPD Copper-Gold Project in British Columbia. The estimate outlines a large, open-pit resource comprising 82.9 million tonnes Indicated at 0.39% CuEq and 356.3 million tonnes Inferred at 0.32% CuEq, using a 0.2% CuEq cut-off. The MRE demonstrates significant copper and gold potential, with all deposits remaining open for expansion, and the company plans further resource growth and exploration in 2026.
Reasoning: The announcement of an initial, large, open-pit NI 43-101 compliant Mineral Resource Estimate for the MPD project is a significant de-risking event, establishing a substantial resource base with clear potential for growth.
Positive factors
- Maiden MRE establishes significant resource base.
- Large total tonnage (Indicated + Inferred).
- Open-pit mining method indicated.
- NI 43-101 compliant with QP sign-off.
- Metal equivalent assumptions are disclosed.
- Deposits remain open for expansion.
- Good average grades for a porphyry deposit.
Negative factors
- Significant portion of the resource is in the Inferred category, which has lower geological confidence.
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 36
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.
Why it applies: The document explicitly states this is an 'Initial Mineral Resource Estimate'.
Evidence · text
“Initial Mineral Resource Estimate”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The MRE was prepared in accordance with National Instrument 43-101.
Evidence · text
“prepared in accordance with National Instrument 43-101”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The report was prepared by and reviewed by independent Qualified Persons as defined by NI 43-101.
Evidence · text
“independent Qualified Persons as defined by NI 43-101”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The MRE is defined using a cut-off grade of 0.2% CuEq, which is clearly stated.
Evidence · text
“The MRE is defined using a cut-off grade of 0.2% CuEq.”
Tonnage Growthpositive
Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.
Why it applies: This is the first Mineral Resource Estimate for the project, representing growth from a baseline of zero.
Evidence · text
“Initial Mineral Resource estimate”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: As an initial MRE, the contained metal represents a new and significant addition to the company's reported resources.
Evidence · text
“Initial Mineral Resource estimate”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The MRE includes a total Indicated Mineral Resource of 82.9 million tonnes.
Evidence · text
“Total Indicated Mineral Resource: 82.9 million tonnes”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the MRE, 356.3 million tonnes, is classified as Inferred Mineral Resource.
Evidence · text
“Total Inferred Mineral Resource: 356.3 million tonnes”
Extracted facts
Stored fact records: 36. Some facts used in scoring do not have a stored record.
Resource Estimates (36)
indicatedMPD Copper-Gold Project · copperTonnes: 56400000Grade: 0.31Grade Unit: %Contained Metal: 385Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:51d425ae0ff4da4f0f4f
- Deposit or zone
- Gate
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 56400000
- Grade
- 0.31
- Grade Unit
- %
- Contained Metal
- 385
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Metal Eq. Grade
- 0.42
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The Gate zone's indicated copper resource contributes significantly to the initial MRE with a good grade for a porphyry system, enhancing project confidence.
Positive factors
- Indicated resource category provides good confidence.
- Good copper grade for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Evidence · table
“0.31”
Context: 56.4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · goldTonnes: 56400000Grade: 0.14Grade Unit: g/tContained Metal: 0.25Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:51d425ae0ff4da4f0f4f
- Deposit or zone
- Gate
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 56400000
- Grade
- 0.14
- Grade Unit
- g/t
- Contained Metal
- 0.25
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The indicated gold resource in the Gate zone adds significant byproduct value to the initial MRE, supporting the project's polymetallic nature.
Positive factors
- Indicated resource category provides good confidence.
- Gold contributes as a valuable byproduct to the overall project economics.
Evidence · table
“0.14”
Context: 56.4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · silverTonnes: 56400000Grade: 1.18Grade Unit: g/tContained Metal: 2.14Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:51d425ae0ff4da4f0f4f
- Deposit or zone
- Gate
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 56400000
- Grade
- 1.18
- Grade Unit
- g/t
- Contained Metal
- 2.14
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The indicated silver resource in the Gate zone provides additional byproduct value to the initial MRE, enhancing the project's economic potential.
Positive factors
- Indicated resource category provides good confidence.
- Silver contributes as a valuable byproduct to the overall project economics.
Evidence · table
“1.18”
Context: 56.4
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · copperTonnes: 14200000Grade: 0.21Grade Unit: %Contained Metal: 66Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:46d5cc01c1e480774e25
- Deposit or zone
- West
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 0.21
- Grade Unit
- %
- Contained Metal
- 66
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Metal Eq. Grade
- 0.37
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The West zone's indicated copper resource contributes to the initial MRE with an economic grade for a porphyry system, adding to project confidence.
Positive factors
- Indicated resource category provides good confidence.
- Copper grade is economic for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Evidence · table
“0.21”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · goldTonnes: 14200000Grade: 0.24Grade Unit: g/tContained Metal: 0.11Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:46d5cc01c1e480774e25
- Deposit or zone
- West
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 0.24
- Grade Unit
- g/t
- Contained Metal
- 0.11
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The indicated gold resource in the West zone adds significant byproduct value to the initial MRE, supporting the project's polymetallic nature.
Positive factors
- Indicated resource category provides good confidence.
- Gold contributes as a valuable byproduct to the overall project economics.
Evidence · table
“0.24”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · silverTonnes: 14200000Grade: 0.8Grade Unit: g/tContained Metal: 0.37Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:46d5cc01c1e480774e25
- Deposit or zone
- West
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 0.8
- Grade Unit
- g/t
- Contained Metal
- 0.37
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The indicated silver resource in the West zone provides additional byproduct value to the initial MRE, enhancing the project's economic potential.
Positive factors
- Indicated resource category provides good confidence.
- Silver contributes as a valuable byproduct to the overall project economics.
Evidence · table
“0.80”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · copperTonnes: 12300000Grade: 0.25Grade Unit: %Contained Metal: 68Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:46ec4bcf6d30a40afac4
- Deposit or zone
- South
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 12300000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 68
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Metal Eq. Grade
- 0.3
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The South zone's indicated copper resource contributes to the initial MRE with an economic grade for a porphyry system, adding to project confidence.
Positive factors
- Indicated resource category provides good confidence.
- Copper grade is economic for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Evidence · table
“0.25”
Context: 12.3
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · goldTonnes: 12300000Grade: 0.07Grade Unit: g/tContained Metal: 0.03Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:46ec4bcf6d30a40afac4
- Deposit or zone
- South
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 12300000
- Grade
- 0.07
- Grade Unit
- g/t
- Contained Metal
- 0.03
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The indicated gold resource in the South zone provides byproduct value to the initial MRE, supporting the project's polymetallic nature.
Positive factors
- Indicated resource category provides good confidence.
- Gold contributes as a byproduct to the overall project economics.
Evidence · table
“0.07”
Context: 12.3
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · silverTonnes: 12300000Grade: 1.17Grade Unit: g/tContained Metal: 0.46Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:46ec4bcf6d30a40afac4
- Deposit or zone
- South
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 12300000
- Grade
- 1.17
- Grade Unit
- g/t
- Contained Metal
- 0.46
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The indicated silver resource in the South zone provides additional byproduct value to the initial MRE, enhancing the project's economic potential.
Positive factors
- Indicated resource category provides good confidence.
- Silver contributes as a valuable byproduct to the overall project economics.
Evidence · table
“1.17”
Context: 12.3
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 114500000Grade: 0.27Grade Unit: %Contained Metal: 681Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:66366a8054ef897219ab
- Deposit or zone
- Gate
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 114500000
- Grade
- 0.27
- Grade Unit
- %
- Contained Metal
- 681
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Metal Eq. Grade
- 0.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The Gate zone's inferred copper resource represents a substantial portion of the initial MRE with good grades, indicating strong potential for future resource growth, despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Good copper grade for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.27”
Context: 114.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 114500000Grade: 0.13Grade Unit: g/tContained Metal: 0.48Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:66366a8054ef897219ab
- Deposit or zone
- Gate
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 114500000
- Grade
- 0.13
- Grade Unit
- g/t
- Contained Metal
- 0.48
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred gold resource in the Gate zone adds significant byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Gold contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.13”
Context: 114.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 114500000Grade: 1.07Grade Unit: g/tContained Metal: 3.94Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:66366a8054ef897219ab
- Deposit or zone
- Gate
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 114500000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 3.94
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred silver resource in the Gate zone provides additional byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Silver contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“1.07”
Context: 114.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 66000000Grade: 0.24Grade Unit: %Contained Metal: 349Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:db5632dab82c45631f9e
- Deposit or zone
- Ketchan
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 66000000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 349
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Metal Eq. Grade
- 0.33
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The Ketchan zone's inferred copper resource contributes substantially to the initial MRE with good grades, indicating potential for future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Good copper grade for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.24”
Context: 66.0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 66000000Grade: 0.12Grade Unit: g/tContained Metal: 0.25Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:db5632dab82c45631f9e
- Deposit or zone
- Ketchan
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 66000000
- Grade
- 0.12
- Grade Unit
- g/t
- Contained Metal
- 0.25
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred gold resource in the Ketchan zone adds significant byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Gold contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.12”
Context: 66.0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 66000000Grade: 1.09Grade Unit: g/tContained Metal: 2.31Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:db5632dab82c45631f9e
- Deposit or zone
- Ketchan
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 66000000
- Grade
- 1.09
- Grade Unit
- g/t
- Contained Metal
- 2.31
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred silver resource in the Ketchan zone provides additional byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Silver contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“1.09”
Context: 66.0
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 51900000Grade: 0.2Grade Unit: %Contained Metal: 229Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:955c091467dfa05de5d6
- Deposit or zone
- Dillard
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 51900000
- Grade
- 0.2
- Grade Unit
- %
- Contained Metal
- 229
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Metal Eq. Grade
- 0.26
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The Dillard zone's inferred copper resource contributes to the initial MRE with economic grades, indicating potential for future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Copper grade is economic for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.20”
Context: 51.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 51900000Grade: 0.09Grade Unit: g/tContained Metal: 0.15Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:955c091467dfa05de5d6
- Deposit or zone
- Dillard
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 51900000
- Grade
- 0.09
- Grade Unit
- g/t
- Contained Metal
- 0.15
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred gold resource in the Dillard zone provides byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Gold contributes as a byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.09”
Context: 51.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 51900000Grade: 0.39Grade Unit: g/tContained Metal: 0.65Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:955c091467dfa05de5d6
- Deposit or zone
- Dillard
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 51900000
- Grade
- 0.39
- Grade Unit
- g/t
- Contained Metal
- 0.65
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred silver resource in the Dillard zone provides additional byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Silver contributes as a byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.39”
Context: 51.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 8300000Grade: 0.17Grade Unit: %Contained Metal: 31Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:9b9f2ab33c5715ea59fa
- Deposit or zone
- Man
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8300000
- Grade
- 0.17
- Grade Unit
- %
- Contained Metal
- 31
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Metal Eq. Grade
- 0.37
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The Man zone's inferred copper resource contributes to the initial MRE with economic grades, indicating potential for future resource growth despite the lower confidence category.
Positive factors
- Copper grade is economic for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.17”
Context: 8.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 8300000Grade: 0.3Grade Unit: g/tContained Metal: 0.08Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:9b9f2ab33c5715ea59fa
- Deposit or zone
- Man
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8300000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 0.08
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred gold resource in the Man zone adds significant byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Gold contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.30”
Context: 8.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 8300000Grade: 0.56Grade Unit: g/tContained Metal: 0.15Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-06-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:9b9f2ab33c5715ea59fa
- Deposit or zone
- Man
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 8300000
- Grade
- 0.56
- Grade Unit
- g/t
- Contained Metal
- 0.15
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-06-25
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred silver resource in the Man zone provides additional byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Silver contributes as a byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.56”
Context: 8.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 24700000Grade: 0.22Grade Unit: %Contained Metal: 120Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:bd8ea665c755435e3821
- Deposit or zone
- West
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 24700000
- Grade
- 0.22
- Grade Unit
- %
- Contained Metal
- 120
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Metal Eq. Grade
- 0.36
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The West zone's inferred copper resource contributes substantially to the initial MRE with economic grades, indicating potential for future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Copper grade is economic for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.22”
Context: 24.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 24700000Grade: 0.2Grade Unit: g/tContained Metal: 0.16Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:bd8ea665c755435e3821
- Deposit or zone
- West
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 24700000
- Grade
- 0.2
- Grade Unit
- g/t
- Contained Metal
- 0.16
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred gold resource in the West zone adds significant byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Gold contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.20”
Context: 24.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 24700000Grade: 0.77Grade Unit: g/tContained Metal: 0.61Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:bd8ea665c755435e3821
- Deposit or zone
- West
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 24700000
- Grade
- 0.77
- Grade Unit
- g/t
- Contained Metal
- 0.61
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred silver resource in the West zone provides additional byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Silver contributes as a byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.77”
Context: 24.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 20100000Grade: 0.34Grade Unit: %Contained Metal: 151Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:195303cdeb1dbf662e35
- Deposit or zone
- Adit
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 20100000
- Grade
- 0.34
- Grade Unit
- %
- Contained Metal
- 151
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Metal Eq. Grade
- 0.38
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The Adit zone's inferred copper resource contributes substantially to the initial MRE with good grades, indicating potential for future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Good copper grade for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.34”
Context: 20.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 20100000Grade: 0.03Grade Unit: g/tContained Metal: 0.02Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:195303cdeb1dbf662e35
- Deposit or zone
- Adit
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 20100000
- Grade
- 0.03
- Grade Unit
- g/t
- Contained Metal
- 0.02
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred gold resource in the Adit zone provides byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Gold contributes as a byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.03”
Context: 20.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 20100000Grade: 2.79Grade Unit: g/tContained Metal: 1.8Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:195303cdeb1dbf662e35
- Deposit or zone
- Adit
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 20100000
- Grade
- 2.79
- Grade Unit
- g/t
- Contained Metal
- 1.8
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred silver resource in the Adit zone provides significant byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Silver contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“2.79”
Context: 20.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 70900000Grade: 0.21Grade Unit: %Contained Metal: 328Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:ce4bce467d3c97a9191e
- Deposit or zone
- South
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 70900000
- Grade
- 0.21
- Grade Unit
- %
- Contained Metal
- 328
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Metal Eq. Grade
- 0.26
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The South zone's inferred copper resource contributes substantially to the initial MRE with economic grades, indicating potential for future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Copper grade is economic for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.21”
Context: 70.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 70900000Grade: 0.06Grade Unit: g/tContained Metal: 0.14Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:ce4bce467d3c97a9191e
- Deposit or zone
- South
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 70900000
- Grade
- 0.06
- Grade Unit
- g/t
- Contained Metal
- 0.14
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred gold resource in the South zone provides byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Gold contributes as a byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.06”
Context: 70.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 70900000Grade: 1.25Grade Unit: g/tContained Metal: 2.85Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:ce4bce467d3c97a9191e
- Deposit or zone
- South
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 70900000
- Grade
- 1.25
- Grade Unit
- g/t
- Contained Metal
- 2.85
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The inferred silver resource in the South zone provides additional byproduct value to the initial MRE, supporting future resource growth despite the lower confidence category.
Positive factors
- Large tonnage in the Inferred category indicates significant potential for future conversion.
- Silver contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“1.25”
Context: 70.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · copperTonnes: 82900000Grade: 0.28Grade Unit: %Contained Metal: 519Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:bfb04c1b1fd7fe5696ca
- Deposit or zone
- Total Indicated
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 82900000
- Grade
- 0.28
- Grade Unit
- %
- Contained Metal
- 519
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Metal Eq. Grade
- 0.39
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The total indicated copper resource represents a substantial and confident portion of the initial MRE, providing a strong foundation for project development.
Positive factors
- Significant total indicated tonnage and contained metal.
- Good copper grade for a porphyry deposit.
- Indicated resource category provides good confidence for future studies.
Evidence · table
“0.28”
Context: 82.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · goldTonnes: 82900000Grade: 0.15Grade Unit: g/tContained Metal: 0.39Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:bfb04c1b1fd7fe5696ca
- Deposit or zone
- Total Indicated
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 82900000
- Grade
- 0.15
- Grade Unit
- g/t
- Contained Metal
- 0.39
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The total indicated gold resource adds substantial byproduct value to the initial MRE, enhancing the project's overall economic attractiveness.
Positive factors
- Significant total indicated contained gold.
- Gold contributes as a valuable byproduct to the overall project economics.
Evidence · table
“0.15”
Context: 82.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedMPD Copper-Gold Project · silverTonnes: 82900000Grade: 1.11Grade Unit: g/tContained Metal: 2.97Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:bfb04c1b1fd7fe5696ca
- Deposit or zone
- Total Indicated
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 82900000
- Grade
- 1.11
- Grade Unit
- g/t
- Contained Metal
- 2.97
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The total indicated silver resource provides additional byproduct value to the initial MRE, further enhancing the project's economic potential.
Positive factors
- Significant total indicated contained silver.
- Silver contributes as a valuable byproduct to the overall project economics.
Evidence · table
“1.11”
Context: 82.9
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · copperTonnes: 356300000Grade: 0.24Grade Unit: %Contained Metal: 1889Contained Unit: mlbsView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- copper
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:ef1caa72e689a85af1fd
- Deposit or zone
- Total Inferred
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 356300000
- Grade
- 0.24
- Grade Unit
- %
- Contained Metal
- 1889
- Contained Unit
- mlbs
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Metal Eq. Grade
- 0.32
- Metal Eq. Unit
- % CuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The very large total inferred copper resource highlights the substantial growth potential of the MPD project, despite the lower confidence category typical for an initial MRE.
Positive factors
- Very large total inferred tonnage and contained metal, indicating significant future potential.
- Good copper grade for a porphyry deposit.
- Part of an initial MRE, contributing to overall project de-risking.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.24”
Context: 356.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · goldTonnes: 356300000Grade: 0.11Grade Unit: g/tContained Metal: 1.28Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- gold
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:ef1caa72e689a85af1fd
- Deposit or zone
- Total Inferred
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 356300000
- Grade
- 0.11
- Grade Unit
- g/t
- Contained Metal
- 1.28
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The very large total inferred gold resource adds substantial byproduct value to the initial MRE, highlighting the project's future growth potential despite the lower confidence category.
Positive factors
- Very large total inferred contained gold, indicating significant future potential.
- Gold contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“0.11”
Context: 356.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredMPD Copper-Gold Project · silverTonnes: 356300000Grade: 1.07Grade Unit: g/tContained Metal: 12.31Contained Unit: mozView all detailsHide details
Identity
- Project
- MPD Copper-Gold Project
- Commodity
- silver
- Region
- canada_bc
- Reported Region
- British Columbia
- Ticker
- KDK
Resource scope
- Estimate type
- resource
- Effective date
- 2025-12-09T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Alfonso Rodriguez, James Gray, Shane Tad Crowie, Tysen Hantelmann, Dave Skelton
- Resource group id
- resource:ef1caa72e689a85af1fd
- Deposit or zone
- Total Inferred
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 356300000
- Grade
- 1.07
- Grade Unit
- g/t
- Contained Metal
- 12.31
- Contained Unit
- moz
- Cutoff Grade
- 0.2
- Cutoff Unit
- % CuEq
Prior Estimate
- Resource Date
- 2025-12-09
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-23T00:00:00.000Z
Reasoning: The very large total inferred silver resource provides additional byproduct value to the initial MRE, highlighting the project's future growth potential despite the lower confidence category.
Positive factors
- Very large total inferred contained silver, indicating significant future potential.
- Silver contributes as a valuable byproduct to the overall project economics.
Negative factors
- Inferred resource category has lower geological confidence.
Evidence · table
“1.07”
Context: 356.3
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.