VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/08/16 -- Kaizen Discovery (TSX VENTURE: KZD) announced today that it has received notice from Freeport-McMoRan of Canada Limited that Freeport has terminated its earn-in option on Kaizen's Tanzilla Copper-Gold Porphyry Project in the Golden Triangle area of northwestern British Columbia.
The 4,625-hectare Tanzilla Project covers a seven-kilometre-long alteration zone, including 2.25 square kilometres of lithocap-style alteration centred upon a strong chargeability anomaly, where drilling has confirmed the conceptual model of a buried calc-alkalic porphyry system with a large footprint. Kaizen is considering options to continue exploration of this prospective ground.
About Kaizen Discovery
Kaizen is a Canadian mineral exploration and development company. Kaizen has a collaboration agreement with ITOCHU Corporation of Japan and has access to HPX TechCo's proprietary, geophysical, Typhoon technology under a dedicated services agreement. Kaizen's long-term growth strategy is to work with Japanese entities to identify, explore and develop high-quality mineral projects that have the potential to produce and deliver minerals to Japan's industrial sector.
More information on Kaizen is available at www.kaizendiscovery.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Kaizen Discovery Inc.
B. Matthew Hornor
President and CEO
+1-604-669-6446
matthew@kaizendiscovery.com
www.kaizendiscovery.com
