Kaizen Discovery Intersects Mineralization Over 40 Km Strike at Coppermine Project

Kaizen Discovery (TSXV:KZD) reported drill results from its first field season at its Coppermine project in Nunavut. Reconnaissance drilling intersected mineralization 40 kilometers along strike, which has doubled the extent of known mineralization in the basin.
As quoted in the press release:

Kaizen’s drilling program included seven regionally spaced, relatively shallow, vertical diamond drill holes through the base of the Rae Group, over a strike distance of approximately 40 kilometres westward from the historical drilling, and totalling 1,949 metres. Copper mineralization was intersected in all seven holes, and in most intersections consisted of disseminated copper sulphides (chalcocite, bornite and chalcopyrite). Results are reported in Table 1.
The last holes of the program, CPR15-DD008 and DD009, stepped 17 and 27 kilometres westward, respectively. The final and furthest west hole, CP15-DD009, was collared above a north-south structural block within the underlying basalt-red bed sequence, and was characterized by significantly higher grade and width of mineralization than encountered in previous holes through the Rae Group. From 197.0 metres, hole DD009 returned 29 metres grading 0.57% copper (Cu), including a one-metre interval grading more than 3.04%, and a separate six-metre interval grading 1.06% Cu. The copper sulphides are disseminated, banded, replacive after interpreted former pyrite nodules, and in thin steeply dipping sulphide and sulphide-calcite veinlets. The copper sulphide species within this 29-metre intersection are vertically zoned from chalcocite at the base through bornite to uppermost chalcopyrite, with anomalous zinc values overlying the copper-rich zone – typical of zoning in stratiform copper deposits.
Hole DD008 intersected anomalous zinc mineralization grading 0.18% over 3.11 metres, stratigraphically above a moderately mineralized copper zone (0.26% Cu over 5.06 metres). Zinc mineralization commonly is found laterally to copper in stratiform copper systems, and can be used to vector towards higher-grade copper in the central parts of such systems.
Kaizen’s 2015 drilling has doubled the confirmed strike length of mineralized basal Rae Group strata, from approximately 40 to 80 kilometres, and the system remains open along strike. To date, only the shallow, up-dip portion of the gently north-dipping target horizon has been tested along this 80-kilometre strike, and approximately 18 kilometres of down-dip extent remains untested on Kaizen’s licences. The wide spacing of the 2015 reconnaissance drilling, in particular the western area with only two holes over a strike of approximately 30 kilometres, requires additional shallow drilling, targeting high grade areas.

Kaizen’s executive vice president of exploration, David Broughton, said:

 We are encouraged with these initial results from the Coppermine Project. Our program has greatly expanded the regional extent of copper mineralization within this underexplored district, and hole DD009 demonstrates the potential for significant copper grades. We expect to follow up these results during the next field season with a drilling program targeting shallow, higher-grade zones within the western area, and both down-dip and strike extensions of this system.

Click here for the full press release.