Ms. Claudia Tornquist reports

KODIAK BEGINS 2025 EXPLORATION PROGRAM AT THE MPD COPPER-GOLD PORPHYRY PROJECT

Kodiak Copper Corp. has commenced its fully financed 2025 exploration program at its 100-per-cent-owned MPD copper-gold porphyry project in Southern British Columbia. The program will include drilling to support resource definition and field investigations to further assess known mineralized zones as well as priority exploration targets.

Highlights:

• Kodiak is drilling approximately 5,500 metres on three mineralized zones (West, Adit and South). A total of 39 drill holes are proposed.
• Drilling is designed to support the resource estimation on these three mineralized zones, which will be completed in the fall, following receipt of assay results. Together with the soon-to-be-released resource estimate for the first four mineralized zones (Gate, Ketchan, Man and Dillard), this will complete the initial resource estimate for the MPD project.
• The drilling will be conducted using one diamond drill rig and one reverse circulation rig and will include the twinning of select historical drill holes as well as improving coverage in areas with lower drill density.
• The 2025 program also includes geologic mapping and prospecting around the resource zones to prioritize areas for further infill and stepdrilling and support modelling.
• Fieldwork will also evaluate select new target areas, including new Vrify areas of interest and priority targets generated by Kodiak's 2024 exploration program.

Claudia Tornquist, president and chief executive officer of Kodiak, said: "We are pleased to kick off this year's exploration program at MPD with an initial focus on the drilling required to support our maiden resource estimate. Additional fieldwork in anticipation of the next round of drilling will prioritize targets that hold the potential to extend known mineralized zones as well as discover new ones. As we work toward our initial resource estimate -- a key milestone and value catalyst for our company -- we are well positioned to create exceptional value for our shareholders, in a copper market increasingly defined by looming supply shortages and the urgent need for new discoveries."

Fieldwork in 2025 will involve prospecting and geological mapping around known zones as well as new priority target areas, including new Vrify areas of interest (AOIs) and anomalies identified by Kodiak's field program in 2024.

Vrify AI has identified five new AOIs on the MPD Northwest claims, which Kodiak acquired in 2024 (see news release dated Sept. 16, 2024).

One AOI is located adjacent to and could indicate an extension of the Ketchan zone, one of the zones that will be part of the initial resource estimate at MPD.

Four other AOIs are new priority areas associated with historically drilled mineralized target areas or mapped prospective geology.

The 3-D induced polarization survey conducted in 2024 identified several anomalies featuring large chargeability highs associated with a kilometre-scale copper-in-soil anomaly at both the historically drilled Dillard East and Star target areas (see news release dated Feb. 6, 2025) and will be further investigated through geological mapping and prospecting.

A high-resolution airborne lidar and orthophoto survey was flown over MPD earlier in June to assist with the geological mapping and interpretation of resource zones and support the evaluation of other targets.

MPD is a large land package (344 square kilometres) located near several operating mines in the southern Quesnel terrane, British Columbia's primary copper-gold-producing belt. The project is located midway between the towns of Merritt and Princeton, with year-round accessibility and excellent infrastructure nearby.

Dave Skelton, PGeo (Alberta), vice-president, exploration, and the qualified person as defined by National Instrument 43-101, has approved and verified the technical information used in this news release. The historic work referenced herein is believed to be from reliable sources using industry standards at the time, based on Kodiak's review of available documentation. However, the company has not performed any exploration at Aspen Grove to date or independently validated all historic work, and the reader is cautioned about its accuracy.

About Kodiak Copper Corp.

Kodiak is focused on its 100-per-cent-owned copper porphyry projects in Canada and the United States that have been historically drilled and present known mineral discoveries with the potential to hold large-scale deposits. The company's most advanced asset is the MPD copper-gold porphyry project in the prolific Quesnel terrane in southern-central British Columbia, Canada, a mining district with producing mines and excellent infrastructure. MPD has all the hallmarks of a major, multicentred porphyry district with the potential to become a world-class mine. Work to date has outlined multiple substantial mineralized zones across the property, including several zones with near-surface, high-grade mineralization. A maiden resource estimate for MPD is planned in 2025, and, with known mineralized zones open to expansion and more target areas yet to be tested, Kodiak continues to systematically explore the project to build critical mass and make the next discovery. The company also holds the Mohave copper-molybdenum-silver porphyry project in Arizona, United States, near the world-class Bagdad mine.

Kodiak's founder and chairman is Chris Taylor, who is well known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.

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