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Kaizen Discovery Inc.
Summary
| Project: | Aspen Grove | |
|---|---|---|
| Deposit: | Ketchan | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 10/4/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-10-2016: Kaizen Discovery Inc. announces an Exploration/Drilling Update report for its Ketchan deposit at the Aspen Grove project. Drilling results incl. 72m @ 0.11% Cu, 0.42g/t Au from 406. VANCOUVER, CANADA – Kaizen Discovery Inc. (TSXV: KZD) announce | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nils Peterson (Internal) | |
| ABSTRACT: | VANCOUVER, CANADA – Kaizen Discovery Inc. (TSXV: KZD) announces drilling results for its eight-hole, 4,009-metre 2016 drilling program at the Ketchan porphyry copper-gold prospect at the Aspen Grove Project in southern British Columbia, Canada. The 2016 drilling program was directed towards expanding known zones of mineralization and testing undrilled areas within the Ketchan Stock. All holes intersected potassic or calc-potassic alteration and all but one returned intervals of copper and gold mineralization. Mineralized intervals cited above represent apparent, not true widths, as true widths are not known. “While the exploration results to date do not support the probability of a near-surface, open-pittable coppergold deposit at the Ketchan prospect, our recent drill holes K16-06 and K16-07 intersected structurallycontrolled higher-grade copper-gold mineralization at depth, the significance of which remains to be determined,” said Eric Finlayson, Interim CEO. The Ketchan alkalic porphyry copper-gold system is hosted by the Ketchan Intrusive Stock, a dioritic to monzonitic intrusion at least 1,800 metres by 500 metres in size. Drill holes completed by Kaizen in 2015 and 2016 have intersected low-grade copper (chalcopyrite and/or bornite) mineralization, often accompanied by gold, across the known length of the intrusion. Throughout the Ketchan porphyry system, moderate-to-strong magnetic anomalies and weak-to-moderate chargeability anomalies are associated with the strongest mineralization. | |
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