Thursday 29th September 2016

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Kodiak reports Ontario Gold Assays as high as 13.4 g/t over 2.6m

Kodiak Exploration Limited KXL:CA announced results from its Milestone Gold Project in the Beardmore-Geraldton Gold Camp in northern Ontario. Assays include 2.37 g/t gold over 7.2 metres, 1.11 g/t over 26.9 metres (including 14.14 g/t over 1 metre), 1.04 g/t over 22 metres, 2.21 g/t over 35 metres (including 16.58 g/t over 4 metres), and 1.98 g/t over 23.5 metres (including 3.32 g/t over 10.3 metres).

President/CEO Brian Maher commented, “With the drilling completed to date at Milestone, we have intercepted significant grades of gold mineralization over a strike length of almost 2,500 metres, with average widths of approximately 30 metres and have intercepted the system to a depth of at least 300 metres. The Milestone gold system is open in all directions and we believe the potential for further expansion, witnessed by these latest results, is very good.”

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Contact:
Brian J. Maher
President/CEO
604.688.9006

by Ted Niles

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