Kaizen Discovery intends to restart exploration activities

In 2015, Kaizen completed a 6389 m diamond drill programme targeting the Ketchan porphyry copper-gold prospect at the Aspen Grove Project. This was followed by an additional 4009 m of diamond drilling in 2016. These drill programmes returned significant intercepts of copper and gold mineralisation, including several higher-grade zones.

Highlights from previous diamond drilling at Ketchan

• 14 m grading 1.03% copper and 0.13 g/t gold (1.15% copper equivalent [CuEq]) in drill hole K15-01.
• 72 m grading 0.31% copper and 0.20 g/t gold (0.49% CuEq) in drill hole K15-03.
• 26 m grading 1.05% copper and 0.05 g/t gold (1.09% CuEq) in drill hole K15-10.
• 68 m grading 0.40% copper and 0.34 g/t gold (0.71% CuEq) in drill hole K15-11.
• 62 m grading 0.46% copper and 0.10 g/t gold (0.55% CuEq), including 28 m grading 0.90% copper and 0.17 g/t gold (1.05% CuEq) in drill hole K16-06.
• 8 m grading 1.29% copper and 0.84 g/t gold (2.05% CuEq), and 60 m grading 0.36% copper and 0.15 g/t gold (0.49% CuEq) in drill hole K16-07.

Mineralised intervals cited above represent apparent, not true widths, as true widths are not known.

In 2014, Kaizen completed a four-hole 2012 m diamond drill programme targeting the Par porphyry copper-gold prospect, with one 459 m follow-up hole completed in 2015. These holes confirmed the presence of a copper-gold-molybdenum-bearing zone of advanced argillic and sericitic alteration over an 800 m strike length.

Highlights from previous diamond drilling at Par

• 73 m grading 0.25% copper and 0.10 g/t gold (0.33% CuEq), including 27 m grading 0.38% copper and 0.11 g/t gold (0.48% CuEq) in hole AG15-01.

Mineralised intervals cited above represent apparent, not true widths, as true widths are not known.

“Previous work at Aspen Grove was focused on identification of shallow bodies of copper-gold mineralisation amenable to opencast mining. Mineralisation encountered by drilling at both Ketchan and Par is now recognised by Kaizen geologists to reflect stratigraphically-controlled hydrothermal fluid discharge through Nicola Group rocks from deeper porphyry copper-gold intrusions that remain to be discovered, commented Eric Finlayson, Kaizen’s interim CEO.

Kaizen is planning an exploration programme to commence as soon as possible, which will include property-wide deep-penetration geophysical surveys and follow-up diamond drilling.

Read the article online at: https://www.globalminingreview.com/exploration-development/30092020/kaizen-discovery-intends-to-restart-exploration-activities/