Gold

Ontario

Beardmore-Geraldton

Kodiak has established itself as the dominant land holder in this underexplored greenstone belt, located between the prolific Red Lake (19.7 million ounce) and Timmins (65 million ounce) gold camps. Kodiak’s land holdings now cover approximately 1,000 square kilometres of favourable stratigraphy and structure in an area measuring approximately 150 kilometres long and up to 40 kilometres wide. These properties comprise a mixture of Kodiak 100% owned claims and option agreements, and include the Hercules, Brenbar, West Geraldton, Kaby Lake, Milestone, Sturgeon Bridge, East Leitch and other properties. Magnetic-gradiometer-VLF surveys have been flown over the Hercules property and a large part of Kodiak's regional claim block. VTEM surveys have been flown over selected blocks, with radiometric surveys to identify alteration patterns. Nine of approximately 30 gold prospects are currently being evaluated, including the seven mentioned above.

Manitoba

Oxford House

In June 2009 Kodiak expanded it exploration activities to now include a gold property in Manitoba, Mines Point. It is located in the Archean God’s Lake – Sachigo Volcanic Belt in north central Manitoba. The property covers a 40 km long trend of prospective Archean banded iron formation (BIF).

   •   Mines Point