Significant Copper-Gold property in Peru acquired by HPX subsidiary Kaizen Discovery
Kaizen Discovery, 60.7% owned by High Power Exploration, has closed a definitive acquisition agreement with AM Gold Inc. for 100% ownership of the Pinaya Cu-Au Project in the Andahuaylas-Yauri Porphyry Belt of Peru. Pinaya contains three semi-contiguous mineralized zones in the central part of the property. Combined the zones contain Measured and Indicated Resources of 293 M lbs Cu and 616 Koz Au and additional Inferred Resources of 318.3 M lbs Cu and 353 Koz Au.
HPX and Kaizen believe there is significant exploration potential remaining.