ok... so why would you buy more land... I would if I knew there was gold im 'der  'ills!!!

lol

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TSX.V) has entered into an option agreement respecting another mineral property in the Thunder

Bay Mining Division of south central Ontario.

Pursuant to the agreement, Kodiak has been granted an option to acquire an undivided 100%

interest in 4 additional mineral claims located in Leduc and Irwin Townships, Thunder Bay

Mining Division, subject to a 3% net smelter returns royalty. Kodiak may exercise the option by

making payments totaling $80,000 in cash over five years. Kodiak may purchase one-third (i.e.

1%) of the royalty for $500,000 at any time, and may purchase an additional one-third (i.e. 1%)

of the royalty for an additional $1,000,000. The remaining portion of the Royalty shall be

retained by the Owners, but Kodiak will have a right of first refusal in respect of each Owner’s

share of the remaining Royalty the event that such Owner determines to sell his or her share.

The proposed option is subject to acceptance by the TSX Venture Exchange.

Kodiak is a mineral exploration company with significant projects in three different sectors of

the mining resource industry. Through regional, grass-roots generative exploration and new

geological models the Company has built a portfolio of 100% controlled projects focused on

gold, base metals (nickel/copper), and uranium in three different areas of Canada. Maps,

photographs, detailed geologic reports and additional information may be viewed on our web site

at www.kodiakexp.com.