Kaizen Discovery Samples High-Grade Copper at Coppermine Project

Kaizen Discovery (TSXV:KZD) reported high-grade results from recently completed rock chip sampling at its newly acquired Coppermine project. The Coppermine project is located in Nunavut, near the coastal village of Kugluktuk.

As quoted in the press release:

In addition to the volcanic-hosted copper, mineralization also occurs in the lesser explored, neo-Proterozoic Rae Group sediments overlying the basalts. Here, the copper mineralization is controlled by stratigraphy, wherein the copper occurs as disseminated sulphides within gently-dipping siltstones and/or sandstones. There has been no recorded exploration for sediment-hosted copper in the area since 1992.

Kaizen plans to conduct exploration programs consisting of mapping, sampling, geophysics and drilling on both the high-grade Coppermine basalts and sediment-hosted copper targets in 2015.

Kaizen president and CEO, Matthew Hornor, said:

These results confirm the spectacular high-grade nature of copper mineralization in the basalts of the Coppermine District. This type of mineralization was the focus of a major staking rush in the 1960s. Since then, there has been little systematic exploration in the area. We look forward to further exploration in this fascinating geologic environment, which hosts a large number of these high-grade occurrences

Click here to read the Kaizen Discovery (TSXV:KZD) press release