Description:
HPX holds 69.1% of Kaizen Discovery (TSX-V: KZD). Kaizen is exploring its 100%-owned Pinaya copper-gold project in southeastern Peru. The project covers 192 square kilometres, and includes more than 25 kilometres of strike length, within the mineral-rich Andahuaylas-Yauri porphyry belt, which hosts world-class mines such as Las Bambas, Tintaya and Antapaccay.
Objective:
Previous exploration on the property was focused mainly on defining the current mineral resources and much less on systematic regional exploration. Kaizen has reviewed existing geochemical and geophysical surveys and has identified multiple untested targets along and across the strike of the current mineral resources, for follow up exploration. On July 8, 2019, Kaizen announced the successful completion of permitting, and new land-access and community agreements, with the Pinaya community. The company is executing an exploration drilling program on the project in 2020 that will test new priority targets at Pedro Dos Mil; and at Cerro Antaña and Viscachani; located adjacent to the existing Pinaya Mineral Resource.