Vancouver, Canada (ots/PRNewswire)
- Kodiak Exploration Limited
(the "Company") (KXL.V) is pleased to announce the completion of the
VTEM airborne geophysical survey over its 100% controlled Caribou
Lake copper-nickel-PGE property near Yellowknife, NWT. The survey
completed over 2000 line kilometers and has indicated new sulphide
bodies not previously reported (news release dated January 20, 2006)
measuring up to 375 metres long. This series of large EM conductors
indicates the presence of sulphide bodies collectively in excess of
3.5 kilometres long. The majority are associated with a 9-kilometre
mineralized horizon containing nickel-copper sulphides with grabs
grading up to 38% nickel, 19.7% copper. Based on this and other new
information, Kodiak's geological consultants recommended the staking
of an additional 57,000 acres, almost tripling the size of the claim
Kodiak is extremely encouraged that the results received to date
continue to provide new drill targets. Detailed interpretation of the
data is ongoing, and will be used to optimize drill collar locations
for the much anticipated drill program.
Kodiak will release further news on both its Caribou Lake and
Knucklethumb projects as results become available.
Kodiak is a mineral exploration company with two properties
located in Canada. Maps, photographs, geological details and
additional information may be reviewed on its website at
. The qualified persons under the definitions
established by National Instrument 43-101, are Gary Vivian, P. Geo.
and Trevor Bremner, P. Geo.
On behalf of the Board of Directors
KODIAK EXPLORATION LIMITED
William S. Chornobay, Director, President
This release has been prepared by management - TSX Venture
Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this news release. This document contains
certain forward looking statements which involve known and unknown
risks, delays, and uncertainties not under the Company's control
which may cause actual results, performance or achievements of the
Company to be materially different from the results, performance or
expectation implied by these forward looking statements.
ots Originaltext: Kodiak Exploration Limited
Im Internet recherchierbar: http://www.presseportal.ch
For further information: +1-604-688-9006 or by email at