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Kaizen Discovery Prepares to Commence Exploration Program at the Pinaya Copper-Gold Project in Peru
Kaizen Discovery Inc. (TSXV:KZD) is pleased to provide an update on the company’s planned exploration program at the Pinaya Copper-Gold Project in Peru, as well as an update on its exploration projects in Canada. The Declaration for Environmental Impact for the Pinaya Project, which was approved in mid-February, is a significant step towards the final …
Kaizen Discovery Inc. (TSXV:KZD) is pleased to provide an update on the company’s planned exploration program at the Pinaya Copper-Gold Project in Peru, as well as an update on its exploration projects in Canada. The Declaration for Environmental Impact for the Pinaya Project, which was approved in mid-February, is a significant step towards the final authorization to commence drilling activities at the Pinaya Project. The DIA allows Kaizen to use up to 20 drilling platforms and to drill as many as 55 holes totalling up to 17,200 metres. Kaizen plans to drill approximately 4,000 metres at the Pinaya Project in 2017.
As quoted in the press release:
“We are pleased to now be in a position to soon begin drilling on the Pinaya Project,” said Tom Peregoodoff, President and Chief Executive Officer. “It has taken us considerable time to receive the necessary land-access agreements and exploration permits and to validate our social licence to operate at Pinaya. Our review of data acquired with the project suggests that the high-grade copper and gold mineralization at Pinaya continues along strike from the currently defined resource area, and we will pursue that drilling in our initial program. Additionally, the current resource area covers only a small portion of the total potential exploration area of the Pinaya Project, and we anticipate a busy 2017 field season as we explore other targets along the trend.”
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