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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

Bullboard Posts
Post by scissors14on Jul 20, 2011 7:01pm
206 Views
Post# 18854216

Concordia Resource Corp. Announces Commencement of

Concordia Resource Corp. Announces Commencement ofConcordia Resource Corp. Announces Commencement of Albisu Drill Campaign
7/20/2011 8:30:01 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Jul 20, 2011 (Marketwire via COMTEX News Network) --

Concordia Resource Corp. (TSX VENTURE:CCN) ("Concordia" or the "Company") is pleased to provide an exploration update on the Company's activities.

The Company has commenced core drilling at its 100% owned Albisu property, a grassroots discovery located in northern Nevada. The drilling has been designed to test potentially mineralized structures along the west side of the extensive low-grade gold mineralization identified in 2008 and 2009.

Concordia plans to drill two, angled core holes to depths of approximately 500 m. One hole will test the northern end of the project area where previous drilling has encountered wide, low-grade intercepts and intensely altered volcanic rocks characteristic of high-level epithermal systems. A second hole will test the structure approximately 1600 m along strike to the south. A third angled core hole of approximately 750 m will test deeper under the better of the two initial holes.

Concordia completed 12 HQ core holes totaling 3575 meters in areas of quartz veining and alteration in the northern part of the project in 2008 and 2009. This diamond drilling intercepted wide low grade intercepts, containing scattered narrower zones of higher grade gold, in intensely altered volcanic rocks in every drill hole. For example, ALB-04 intercepted 12 grams of gold over 1.5 metres from 103.7m to 105.2m and 41 metres from 154.0m to 195.1m that averaged 0.66 g/t gold (Press release October 29, 2008). The gold mineralization and associated alteration are characteristic of high level epithermal systems. The large halo of widespread and continuous lower grade gold along with geochemically elevated intervals of silver, arsenic, cobalt, mercury and molybdenum within hydrothermally altered and brecciated volcanic rocks indicates this has been an active and dynamic system.

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