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Kodiak Maps Out 2026 Drill Campaign to Expand MPD Copper-Gold Resources

Story Highlights
  • Kodiak plans a 6,500-metre 2026 drill program at MPD to expand its initial copper-gold resource and test extensions across seven deposits.
  • The company sees strong growth and discovery potential at Ketchan, Adit, Dillard and 36 regional targets, aiming to scale up the MPD project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest announcement is out from Kodiak Copper ( (TSE:KDK) ).

Kodiak Copper outlined a 2026 exploration program at its MPD copper-gold project in southern British Columbia, anchored by a 6,500-metre drill campaign starting in April and supported by geophysical surveys, soil sampling, prospecting and mapping. The company aims to grow its recent initial mineral resource estimate by drilling most of the seven defined deposits, beginning with the Ketchan deposit, while targeting extensions and gaps within current mineralized zones.

Management highlighted significant expansion potential at the Ketchan, Adit and Dillard deposits, where historical drilling, copper-in-soil anomalies and geophysical data indicate room to extend mineralization beyond existing models. Kodiak also reported 16 new exploration targets, bringing the total to 36 across MPD, and plans to advance or drill several priority prospects, underscoring substantial upside and positioning the company for both resource growth and new discoveries that could enhance project scale and stakeholder value.

The most recent analyst rating on (TSE:KDK) stock is a Hold with a C$0.84 price target. To see the full list of analyst forecasts on Kodiak Copper stock, see the TSE:KDK Stock Forecast page.

Spark’s Take on KDK Stock

According to Spark, TipRanks’ AI Analyst, KDK is a Neutral.

The score is weighed down primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn) and bearish technical momentum (price below key moving averages with very oversold indicators). Low leverage and a sizeable equity base partially offset risk, but valuation is constrained by negative earnings and lack of dividend support.

To see Spark’s full report on KDK stock, click here.

More about Kodiak Copper

Kodiak Copper Corp. is a mineral exploration company focused on copper-gold porphyry deposits in southern British Columbia. Its flagship asset is the 100% owned MPD copper-gold project, where the company is advancing multiple deposits and regional targets to grow mineral resources and unlock further discovery potential in a well-established mining jurisdiction.

Average Trading Volume: 228,393

Technical Sentiment Signal: Buy

Current Market Cap: C$85.02M

Learn more about KDK stock on TipRanks’ Stock Analysis page.

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