Kaizen Discovery receives remaining permits for exploration at its Coppermine Project in Nunavut, northern Canada - Drilling at Coppermine Project commences

30 July 2015

VANCOUVER, CANADA – Kaizen Discovery (TSXV: KZD) announced today that it has received the remaining land and water use permits and mineral rights required for its exploration program at the Coppermine Project in Canada's Arctic territory of Nunavut. The company's planned diamond drilling program, consisting of 14 holes totalling 1,500 metres, is now underway.
Kaizen's wholly owned Nunavut operating entity, Tundra Copper Corp., reports the following:

• The Nunavut Water Board granted an amendment to Tundra's existing Type "B" licence, which extends the project boundaries and allows an increase in water use;
• Aboriginal Affairs and Northern Development Canada has issued a Class "A" Land Use Permit covering all Crown Lands held by Tundra in the Coppermine Project;
• The Kitikmeot Inuit Association has issued Land Use Licences granting Tundra authority to carry out various mineral exploration activities, including drilling on specific parcels of Inuit Owned Lands contiguous with the company's land holdings; and
• Nunavut Tunngavik Incorporated and Tundra have signed a Mineral Exploration Agreement, granting Kaizen rights to a 100% interest in the minerals contained in the parcels of Inuit Owned Lands. The Mineral Exploration Agreement includes a form of Mineral Production Lease and details of a net profits royalty benefiting Nunavut Tunngavik Incorporated.

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