Kaizen Discovery announced today that the company's plan for an expanded exploration program at its Coppermine Project in Canada's Arctic territory of Nunavut has received a positive screening review by the Nunavut Impact Review Board.
The decision by the Nunavut Impact Review Board (NIRB), following its comprehensive review, means that final processing of the required permits for an expanded, multi-year exploration program may proceed. Kaizen's existing permits cover an area of 350 square kilometres, that in light of the NIRB decision is expected to expand to encompass approximately 3,500 square kilometres.
Kaizen intends to focus this summer's exploration campaign on district-scale, sediment-hosted, stratiform copper mineralization within the larger permit area. As part of this program, the company will implement its carefully developed Wildlife and Environmental Impact Mitigation Plan. Camp construction and mobilization of equipment and supplies are underway, with diamond drilling expected to commence later this month.
Also during this month, Kaizen will be hosting property tours at the Coppermine Project for executives of several Japanese corporations with the objective of selecting a project funding partner or partners. In addition to a detailed project review, potential partners will visit the Hamlet of Kugluktuk where they will meet members of the community and be introduced to Inuit culture and traditions.
"We are very encouraged by the Nunavut review board's screening decision," said B. Matthew Hornor, President and CEO of Kaizen.
"Since initiating the permitting process, we have worked diligently to engage with the community of Kugluktuk and the various agencies and organizations involved in the assessment and monitoring of the Coppermine Project. In the process, we've gained a deep appreciation for the concerns, customs and values of the people of Nunavut. In particular, we welcome the support that the project has received from the community of Kugluktuk, the Kugluktuk Hunters and Trappers Organization and the Kitikmeot Inuit Association."