Kaizen Discovery enters into definitive acquisition agreement with AM Gold to acquire the Pinaya Copper-Gold Project in Peru ...

6 July 2015

Kaizen Discovery enters into definitive acquisition agreement with AM Gold to acquire the Pinaya Copper-Gold Project in Peru

  • Pinaya's existing Measured and Indicated Mineral Resources include 293 million pounds of copper and 616,000 ounces of gold
  • Additional Inferred Mineral Resources include 318 million pounds of copper and 353,000 ounces of gold
  • The 192-square-kilometre project area also holds significant exploration potential
VANCOUVER, CANADA -- Kaizen Discovery Inc. (TSXV: KZD) and AM Gold Inc. (TSXV: AMG; Frankfurt: AMX) jointly announced today that they have entered into a definitive acquisition agreement that will provide Kaizen with 100% ownership of the Pinaya Copper-Gold Project (the Pinaya Project) in Peru's provinces of Caylloma and Lampa (see figure 1 below).