Kaizen Discovery Identifies Large New Drill Targets from the Induced Polarization and Resistivity Survey Completed At Its 100% Owned Pinaya Copper-Gold Project in Peru

Kaizen Discovery Inc. report positive results from the recently completed 92 km2 Induced Polarization and Resistivity survey at the 100%-owned Pinaya Copper-Gold Project, located in the Andahuaylas-Yauri Porphyry-Skarn Belt in southeastern Peru. This belt contains some of the world's largest recent copper mine developments. Seven chargeability anomalies potentially indicative of sulphide mineralization identified for drill testing.

Four anomalies lying to the west of the fault bounding the current Pinaya Mineral Resource1 may be porphyry sources of the Pinaya mineralization. Three anomalies lying several kilometres to the east may represent a separate copper-gold system. Application for diamond drill permits (Declaración de Impacto Ambiental or "DIA") is underway.

92 km2 IP-resistivity survey identifies multiple drill targets. The Pinaya Mineral Resource is associated with an intrusive complex of Oligocene-age granodiorite porphyry sills and dikes emplaced into Eocene sedimentary rocks of the Puno Group. A 10 km-long zone of hydrothermal alteration affects the Puno Group rocks.

The IP-resistivity survey tested the entire 10 km-long hydrothermal system, exploring for deep porphyry potential beneath the Puno Group rocks and also beneath Miocene post-mineral cover rocks faulted against the Puno Group to the west. The survey identified four large chargeability anomalies lying within a northwest-southeast corridor beneath Miocene post-mineral cover. These targets, which likely reflect sulphide-bearing rock, are located to the west of the known fault that truncates the Pinaya Mineral Resource on its western side and could represent Oligocene porphyry intrusions that sourced the Pinaya mineralization.

Three chargeability anomalies lying several kilometres east of the Pinaya Mineral Resource may be part of a separate mineral system. All seven chargeability targets will be drilled once permits are received. Kaizen's survey team deployed 67 km of transmitter cable over a 15 km by 7 km survey area to complete a 463 line-km survey at elevations above 4,200 m at the Pinaya Project.