News Releases

Kaizen Discovery receives Authorization to Commence Activities for its planned exploration program at the Pinaya copper-gold project

July 9, 2018

Kaizen Discovery (TSXV: KZD) is pleased to announce that the government led Consulta Previa or “Prior Consultation” process at its Pinaya Copper-Gold Project in Peru has been successfully completed and the Peruvian government has issued Kaizen with the Authorization to Commence Activities for its planned drilling program at the project.

The Pinaya Project is in southeastern Peru, approximately 150 kilometres northeast of the city of Arequipa. ITOCHU Corporation, Kaizen’s joint venture partner at Pinaya, holds a 10% stake in Kaizen Peru Holdings - the indirect holder of the Pinaya Project - with Kaizen holding a 90% stake. 

The Pinaya Project’s Consulta Previa review involved consultation with the community of Pinaya and the neighboring community of Atecata, which may be indirectly affected by the planned exploration activities. Under Peruvian law, the Consulta Previa review verifies that the considerations of any local peoples that could represent an indigenous population have been recognized. This process is designed to ensure that, as the project advances, future community stakeholder relations are managed in a transparent and comprehensive manner. 

For more information please see Kaizen’s news release.


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