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Kaizen Discovery Inc V.KZD

Kaizen Discovery Inc. is a Canada-based mineral exploration and development company with exploration projects in Peru and Canada. The Company's mineral property portfolio consists of exploration-stage mineral projects in Peru and Canada. Its projects include Pinaya Project, Aspen Grove Project, and Coppermine Project. The Pinaya Project covers about 100.65 square kilometers and includes more than 10 kilometers (km) of strike length within the Andahuaylas-Yauri Porphyry Belt in southeastern Peru. The Aspen Grove project is located in southern British Columbia, near the town of Merritt, and comprises 29 claims (11,237 hectares). The Company, through its wholly owned subsidiary Tundra Copper Corp., holds 153 Crown Land mineral claims totaling 1,659 square kilometers. The Company also has Tanzilla and Pliny porphyry copper-gold projects, located in the Stikine terrane of northwestern British Columbia. The Company is a subsidiary of Ivanhoe Electric (BVI) Inc.


TSXV:KZD - Post by User

Comment by shnepson Oct 07, 2020 8:42am
94 Views
Post# 31679064

RE:RE:Aspen Grove Exploration

RE:RE:Aspen Grove ExplorationThe Aspen Grove exploration was dumped for two reasons:

1. The prices of both gold and copper were in the dump at that time.

2. Kaizen was exploring the properties looking for a cheap open pit mine and so no deep drilling was completed.

Kodiak has shown that there are decent surface expressions of the porphyries but the high grade intercepts have been much deeper.
The average CuEq is about 0.7% but was not good enough when the metal values were 60% lower. Keep in mind the average copper mine is built at 0.3% Cu and the average gold mine is 1g/t. As it stands the grades are decent, copper is good with excellent gold credits.

Cheer up Vanex, I know you have been here for a while.
Cheers
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