# Kodiak Reports Positive Results from Metallurgical Testwork on the MPD Project

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project--ee9e59d5-1fe4-4102-b020-4405f3030d44

Original source: https://money.tmx.com/en/quote/KDK/news/7232791990642574/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project

Publisher: tmx

Original announcement: 2026-05-28T10:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Kodiak Copper Corp.

- Ticker: KDK

- Exchange: TSX

- Region: British Columbia

- Primary commodity: Copper

- Secondary commodities: Gold, Silver

- Document categories: Metallurgy

- Extracted: 2026-09-16 06:45:05 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Kodiak Copper Corp. reported positive metallurgical results for its MPD project, demonstrating that a coarser grind size of 150 µm can achieve robust copper, gold, and silver recoveries. The program included the first locked-cycle test, which confirmed stable flotation performance and identified opportunities to improve gold recovery via gravity processes.

Reasoning: The metallurgical program successfully demonstrated that coarser grinding \(150 um\) maintains robust recoveries, improving project economics, and the first locked-cycle test provided a significant de-risking milestone.

- Positive factor: Improved gold recovery in both rougher and locked cycle tests

- Positive factor: Successful grind size optimization \(150 um vs 75 um\) reducing energy requirements

- Positive factor: Completion of first locked cycle test simulating production-scale conditions

- Positive factor: Identification of gravity recovery opportunity for free gold

- Negative factor: Non-sulphide gangue identified as a source of dilution in final concentrate

Facts used in scoring: 6

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release names a Qualified Person \(Shane Tad Crowie, P. Eng\) and a metallurgical laboratory \(BaseMet\).

Evidence · text

> conducted under the supervision of Shane Tad Crowie, P. Eng

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: Testwork utilized a traditional sulphide flotation flowsheet.

Evidence · text

> amenable to a traditional sulphide flotation flowsheet

**Gravity Route**

Polarity: neutral

Definition: Gravity separation forms a material part of the flowsheet.

Why it applies: the document describes a gravity route \("gravity"\)

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 2 distinct composites were tested

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Metallurgical Results (6)

### flotation

[Link to this fact](https://atlas-extractions.minestarters.com/news/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project--ee9e59d5-1fe4-4102-b020-4405f3030d44#fact-metallurgical-facts-0)

MPD · copper

#### Identity

- Project: MPD
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: KDK

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: sulphide flotation
- Sample: 2026 Batch Rougher-05 \(150 um\)
- Grind P80: 150 µm

#### Recovery

- Recovery: 91.1 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: BaseMet

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: 91.1% Cu recovery at 150 um is strong for a rougher stage.

- Positive factor: High recovery at a coarser grind size

Evidence · table

> 91.1

Context: 150

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### flotation

[Link to this fact](https://atlas-extractions.minestarters.com/news/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project--ee9e59d5-1fe4-4102-b020-4405f3030d44#fact-metallurgical-facts-1)

MPD · gold

#### Identity

- Project: MPD
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: KDK

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: sulphide flotation
- Sample: 2026 Batch Rougher-05 \(150 um\)
- Grind P80: 150 µm

#### Recovery

- Recovery: 81.4 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: BaseMet

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: 81.4% Au recovery at 150 um is a significant improvement over previous work.

- Positive factor: Improved gold recovery compared to 2025 program

Evidence · table

> 81.4

Context: 150

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### flotation

[Link to this fact](https://atlas-extractions.minestarters.com/news/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project--ee9e59d5-1fe4-4102-b020-4405f3030d44#fact-metallurgical-facts-2)

MPD · silver

#### Identity

- Project: MPD
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: KDK

#### Test Work

- Program Status: preliminary
- Test Type: flotation
- Processing Route: sulphide flotation
- Sample: 2026 Batch Rougher-05 \(150 um\)
- Grind P80: 150 µm

#### Recovery

- Recovery: 80.4 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: BaseMet

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: 80.4% Ag recovery at 150 um.

Evidence · table

> 80.4

Context: 150

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project--ee9e59d5-1fe4-4102-b020-4405f3030d44#fact-metallurgical-facts-3)

MPD · copper

#### Identity

- Project: MPD
- Commodity: copper
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: KDK

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Locked Cycle Test \(Cycle E\) - Final Concentrate
- Grind P80: 150 µm

#### Recovery

- Recovery: 78.7 %
- Recovery Basis: actual\_test
- Head Grade: 0.38
- Head Grade Unit: %
- Conc. Grade: 18.3
- Conc. Grade Unit: %
- Mass Pull: 1.6 %

#### Lab

- Laboratory: BaseMet

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: 78.7% Cu recovery in a locked-cycle test is a key de-risking milestone.

- Positive factor: Successful completion of first locked-cycle test

- Negative factor: Non-sulphide gangue identified as dilution source

Evidence · table

> 78.7

Context: 1.6

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 78.7% is below the weak band \(80%\)

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project--ee9e59d5-1fe4-4102-b020-4405f3030d44#fact-metallurgical-facts-4)

MPD · gold

#### Identity

- Project: MPD
- Commodity: gold
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: KDK

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Locked Cycle Test \(Cycle E\) - Final Concentrate
- Grind P80: 150 µm

#### Recovery

- Recovery: 60 %
- Recovery Basis: actual\_test
- Head Grade: 0.22
- Head Grade Unit: g/t
- Conc. Grade: 8.2
- Conc. Grade Unit: g/t
- Mass Pull: 1.6 %

#### Lab

- Laboratory: BaseMet

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: 60% Au recovery in locked cycle is a baseline for further optimization.

- Positive factor: Gold recovery improved in locked cycle tests

- Negative factor: Opportunity identified to improve recovery via gravity

Evidence · table

> 60.0

Context: 1.6

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 60% is below the weak band \(80%\)

### locked-cycle

[Link to this fact](https://atlas-extractions.minestarters.com/news/kodiak-reports-positive-results-from-metallurgical-testwork-on-the-mpd-project--ee9e59d5-1fe4-4102-b020-4405f3030d44#fact-metallurgical-facts-5)

MPD · silver

#### Identity

- Project: MPD
- Commodity: silver
- Region: canada\_bc
- Reported Region: British Columbia
- Ticker: KDK

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: flotation
- Sample: Locked Cycle Test \(Cycle E\) - Final Concentrate
- Grind P80: 150 µm

#### Recovery

- Recovery: 49.3 %
- Recovery Basis: actual\_test
- Head Grade: 2.4
- Head Grade Unit: g/t
- Conc. Grade: 73
- Conc. Grade Unit: g/t
- Mass Pull: 1.6 %

#### Lab

- Laboratory: BaseMet

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: 49.3% Ag recovery in locked cycle.

Evidence · table

> 49.3

Context: 1.6

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 49.3% is below the weak band \(75%\)

## 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.