Yukon may assume Victoria Gold accident cleanup
Officials said Victoria must increase holding ponds and boost its treatment of cyanide-contaminated water from the landslide.
This is a follow up to the coverage initiation of Jan 15, 2015 on exploration play Kaizen Discovery (TSXV:KZD): http://resourceopportunities.com/wp-content/uploads/2015/01/RO-Kaizen-KZD-Jan-13-15.pdf
In the months since, shares in Kaizen have been volatile, as expected. I had a “stink bid” filled at $0.22 per share on Feb 24, 2015, adding to an earlier purchase at about $0.285 per share in January (the shares last traded at $0.24 on Friday). I expect this very high-risk stock to remain volatile until a discovery is made, which remains a long shot. However they have a lot of the right ingredients.
The Nunavut “Coppermine” play I wrote about in January is early, as you will learn in this video conversation between myself, Brent Cook and David Broughton, VP of Exploration at Kaizen. We caught up with Mr. Broughton at the PDAC convention last week, the afternoon he was awarded the 2015 Thayer Lindsley International Discovery Award for finding the Kamoa copper project in D.R. Congo. In the video, Mr. Broughton also shares Kaizen’s discovery trail.
“Like anywhere, you want to drill a discovery hole that’s got an ore grade and width and then you want to step out form that and build tons,” Broughton said. And he reminded us that mining is a long-term and risky business, “You don’t always hit ore on your first hole.”
Here is the video link: http://goo.gl/5l0wjr
Author Tommy Humphreys
Please read the Kaizen Discovery Inc. Annual Information Form on SEDAR to better understand the risks. Talk to an investment advisor before making an investment decision. This is not investment advice.
