CORPORATE PRESENTATION

October 2014

Discovery done different

The TSX-V has neither approved nor disapproved the contents of this presentation. Neither the TSX-V nor its Regulation Services Provider

(as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this presentation.

Certain of the statements made and information contained herein is “forward-looking information” within the meaning of the applicable Canadian

securities laws, including the receipt of necessary permits to conduct exploration and construction, timing of anticipated exploration programs, the

number of holes and meters to be drilled and future plans and strategies of the Company.

Although Kaizen has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those

contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated,

estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of

future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the proposed transaction could be modified,

restricted or not completed, and the results or events predicted in these forward-looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as

of the date of this release. Kaizen disclaims any intention or obligation to update or revise such information, except as required by applicable law, and

Kaizen does not assume any liability for disclosure relating to the other company mentioned herein.

Accordingly, readers are advised not to place undue reliance on forward-looking information. The forward-looking statements contained in this

presentation are made as of the hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information whether

as a result of new information, future events or otherwise, except as required by applicable law.

Forward-looking statements

The information in this presentation is published to inform you about Kaizen Discovery and its activities. To the extent permitted by law, Kaizen Discovery accepts no

responsibility or liability for any losses or damages of any kind arising out of the use of any information contained in this presentation. Recipients should make their

own enquiries in relation to any investment decisions. This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in any

jurisdiction, including the United States.

NI 43-101 Statement

Aspen Grove and Tanzilla Projects. The scientific and technical information in this presentation relating to the Aspen Grove Project and Tanzilla Project of a

technical or scientific nature have been reviewed and approved by John Bradford, M.Sc., P.Geo., Kaizen’s Chief Geologist a qualified person as defined under

National Instrument 43-101. He has verified the technical data disclosed in this presentation regarding the Aspen Grove and Tanzilla Projects.

Fairholme Project. The scientific and technical information in this presentation relating to the Fairholme Project has been reviewed and approved by Mr. Barry de

Wet, a member of the South African Council for National Scientific Professionals (SACNSP), South Africa, and a Qualified Person as defined under NI 43-101. Mr. de

Wet is independent of Kaizen Discovery as determined under NI 43-101. He has verified the technical data disclosed in this presentation regarding the Fairholme

Project.

Ebende Project. The NI 43-101 technical report in respect of the Ebende Project, entitled "NI 43-101 Independent Technical Report", dated October 16, 2013 (the

“Ebende Report”) was prepared by The MSA Group (Pty) Ltd and is available on SEDAR at www.sedar.com. The Qualified Persons as defined under NI 43-101 for

the Ebende Project are Dr. Brendan Morgan Clarke, a Professional Natural Scientist (PrSciNat) registered with the South African Council for Natural Scientific

Professions, and Mr. Michael David Lynn, a PrSciNat registered with the SACNASP. Both are independent of Kaizen Discovery as determined under NI 43-101.The

Ebende Report includes relevant information regarding, among other things, data verification, exploration procedures and other matters relevant to the scientific and

technical disclosure contained in this presentation in respect of the Ebende Project. Information regarding the Ebende Project included in this presentation is based on

the Ebende Report.

None of the foregoing mineral projects currently hosts any mineral resources or mineral reserves.

Disclaimers

A platform for future success

Kaizen model for success

Experienced leadership

Revolutionary exploration technology

Unique access to

capital

Strategic partner group investment

Project specific Special Purpose Vehicle

Local holding company

Asset

A cooperative approach to acquiring and advancing projects

• Kaizen will target projects that match evaluation

criteria and align with corporate strategic

objectives – Partnerships with Japanese strategic partners provide

opportunities for additional sources of financing

throughout project lifespans.

– Kaizen can leverage strategic partners’ technical

expertise to evaluate proposed targets and shorten the

process of selecting candidate assets.

• Target acquisition process – Once opportunities identified, Kaizen will lead M&A

process, leveraging key strengths.

– Transactions may be structured to include optional

participation of Japanese strategic partners, including at

the project level.

Possible structure for an acquisition

Collaboration with ITOCHU

February, 2014: Private Placement Financing and formation of

Strategic Alliance

• CAD$5.1 million private placement.

• Issuance of 8.5 million Kaizen common shares at a price of

CAD$0.60 per share.

• Post-closing ownership stake of approximately 6.35% in Kaizen.

• Opportunity to participate in Kaizen's existing Fairholme copper-

gold project in Australia (49% earned interest) and its Ebende

nickel-copper-cobalt project in the Democratic Republic of Congo.

• Facilitation of non-recourse project financing and support from

Japanese financial institutions for the development of Kaizen

projects.

August, 2014 - Acquisition of Copper and Gold Exploration

Interests in Canada for $4M

• Aspen Grove copper/gold project: ITOCHU acquired a 40%

interest in the project in exchange for a cash payment of four

million Canadian dollars (equivalent to about 380 million yen).

• Tanzilla copper/gold project: ITOCHU to acquire an initial, 15%

interest in the Tanzilla Project for a cash payment of 250,000

Canadian dollars (equivalent to about 24 million yen), subject to

the consent of Freeport-McMoRan of Canada Limited, with an

option to acquire up to a further 10% interest in the project.

Our current asset portfolio

Kerboulé Project

Gold

Burkina Faso

Ebende Project

Nickel, copper, PGE

The Democratic Republic

of Congo

Fairholme Project

Copper, gold,

molybdenum

New South Wales,

Australia

Aspen Grove

& Tanzilla projects

Copper, gold, silver

British Columbia, Canada

Vancouver

Headquarters Tokyo

Office

Our services agreement gives us access to cutting edge

technologies and expertise

Conventional IP vs. HPX TYPHOON

DEEPER A high signal/noise

ratio enables up to 5x

deeper prospecting.

BETTER Increased effectiveness

through improved

resolution of targets and

host geology.

FASTER Can be substantially faster

than conventional methods

for deep targets due to

custom survey deployment.

5x

?

Key Exploration Projects

Early-stage Targets

Mt Polley

Red Chris

Partnering with Itochu

Copper Mountain

Aspen Grove

Highland Valley New Afton

Drilling at Tanzilla

Mt Milligan

Highlights:

• The combination of Kaizen's existing portfolio of

exploration projects in Australia and Africa, and

West Cirque's portfolio in Canada, establishes a

stronger company with an impressive and

diverse pipeline of projects.

• After completing the acquisition, Kaizen’s

strategic shareholder, ITOCHU, closed a $4.25

million financing agreement in August 2014.

• Kaizen’s in-house technical expertise has been

enhanced through the addition of members of

West Cirque’s management team.

• Proprietary geophysical technologies are to be

applied to projects in British Columbia.

• Drilling completed on the Tanzilla Project in Aug.

2014 and underway on the Aspen Grove Project.

• 2014 Aspen Grove work program will include a

3D IP survey as well as a 2,000-metre drill

program.

Tanzilla

Fairholme copper-gold-molybdenum project

Opportunity to earn up to 95% • $4 million over next two years aimed at delineating

a scoping study to earn 65%.

• Kaizen can earn 80-85% by sole funding a pre-

feasibility study (cost dependent).

• Kaizen can earn 90-95% by funding a bankable

feasibility study (cost dependent).

Geological Terrain • The project covers part of the Fairholme Igneous

Complex of the Ordovician Macquarie Arc of New

South Wales.

Exploration Targets • Three Fairholme prospects - Boundary, Dungarvan

and Gateway are located within one high-priority

target. All three are associated with significant

basement copper-gold-molybdenum geochemical

anomalies, prominent alteration halos and discrete

magnetic anomalies, the size and scale of which are

comparable to the footprint of several world-class

porphyry copper deposits; e.g. Cadia-Ridgeway,

Batu Hijau and Alumbrera.

• Drilling confirms presence of porphyry style copper

and gold mineralization.

2014 Work Program • Kaizen and its joint-venture partner, Clancy Exploration, continue their geophysical program,

including an airborne magnetic survey over the entire property and a 3D IP survey (completed end

of Aug. 2014), to follow-up on gradient-array IP anomalies defined in 2013. The geophysical

program will be followed by an 8,000m drilling program in Q4 2014 to test the prospects.

New South Wales, Australia 49% owned. Earn-in agreement with Clancy Exploration

Exploration stage

Fairholme Project

Democratic Republic of Congo 100% owned

Early-stage exploration

Geological Terrain

• The Ebende Structure is on the margin of the Archaean

Congo-Kasai Craton, and the presence of a thick basalt

sequence which was apparently extruded from feeders

passing through a carbonate platform are geological

features which are comparable to the giant Norilsk PGE,

nickel and copper deposit in Russia.

• The Ebende Project is a conceptual exploration project

based on the premise that if the area shares similar

geological features to the Norilsk area, then there is

potential to find comparable mineralization. The current

exploration program is designed to test the geological

model, and to locate such mineralization.

Exploration Targets

• Exploring nickel-copper and platinum group element targets

(PGE) along a 130-kilometre north-west to south-east

corridor that is characterized by a distinctive magnetic

anomaly (the Ebende Structure).

• Anomalous levels of platinum, palladium, nickel, copper,

cobalt, chromium and magnesium have been identified as a

result of stream sediment sampling carried out by past

exploration programs in the region over parts of the Ebende

Structure.

• A NI 43-101 technical report was completed on the project

in October 2013.

Ebende nickel-copper and platinum group element (PGE) project

2014 Work Program

• Gradient-array IP survey, as well as a soil sampling survey. The design of the regional gradient-array

survey consists of approximately 155-line kilometres covering a total area of 89 square kilometres. A

soil geochemical survey will be conducted along the geophysical survey lines at 200-metre spacings.

Pacific Rim focus for new acquisition targets

Fairholme Project

2014

3D IP Survey

8,000m drill-program

Pacific Ocean

We are looking for

opportunities in

South America…

Tanzilla Project

2014

1,600m drill-program Aspen Grove Project

2014

3D IP Survey

2,000m drill-program

Completing the Kaizen ‘Ring of Fire!’

Be opportunistic in acquisitions

Attractive M&A landscape:

• Metals and mining companies’ share prices are near

the low end of their trading range over the last decade.

• Valuations are low enough to attract longer-term-

focused investors.

• Significant M&A opportunities exist in the junior miner

space where mergers, joint ventures and acquisitions

are likely to be needed to fund new mineral projects.

• Opportunities to acquire projects with near-term

production and off-take potential, along with exploration

upside.

S&P/TSX Materials Index vs. S&P/TSX Index 2003–2013

Source: BMO Capital Markets Mining Equity Outlook 2014

Kaizen advantage – poised for this market:

• Preferential access to best-in-class exploration

technologies.

• Strong balance sheet with no material liabilities.

• Access to additional sources of equity and project-level

financing through Kaizen’s strategic partnerships.

• Network of industry leaders in management, executive

and shareholder ranks.

• Transaction team with global acquisition experience.

• International network of advisors present numerous

acquisition opportunities.

Board of Directors

Peter Meredith, Chairman

Director of Ivanhoe Mines Ltd. (formerly

Ivanplats Limited); former Deputy

Chairman of Ivanhoe Mines Ltd. (now

Turquoise Hill Resources).

B. Matthew Hornor,

Chief Executive Officer & President

Executive Vice President of Ivanhoe Mines

Ltd. (formerly Ivanplats Limited); former Vice

President of Ivanhoe Mines Ltd. (now

Turquoise Hill Resources).

Ali Zamani

Established New York-based investment

manager, including nine years with Goldman

Sachs focusing on energy, materials, utilities

and industrial investments. Director of Applied

Minerals Inc.

Akiko Levinson

President of Gold Canyon Resources

Inc.; Director of Novo Resources Corp.

Robert Hanson,

Chairman of Compensation Committee

Chairman of Hanson Family Holdings; former

Director of Ivanhoe Mines Ltd. (now Turquoise

Hill Resources) and SouthGobi Resources.

David Huberman

Chairman of Nominating &

Corporate Governance Committee

President of Coda Consulting Corp.; former

25-year Senior Partner of a Canadian business

law firm; Director of Trevali Mining Corporation.

Edward Flood

Over 35 years’ experience in international

mining; Director of Western Lithium USA,

East Asia Minerals Corporation and Baker

Street Royalty Trust.

David Birkenshaw

President and Chief Executive Officer of

Birkenshaw & Company Ltd. since

1989; former Senior Vice President and

Director of PricewaterhouseCoopers.

Chairman of Meryllion Resources Corp.

Terry Krepiakevich,

Chairman of Audit Committee

Chief Executive Officer and Director of

Meryllion Resources Corp.; former Chief

Financial Officer of SouthGobi Resources.

Dr. Kuang Ine Lu,

Vancouver Adviser, Japan Oil, Gas and

Metals National Corp. (JOGMEC); over 50

years of mineral exploration and evaluation

experience.

Kaizen management and technical team

John Bradford, MSc, PGeo

Chief Geologist

Former Vice President, Exploration of West Cirque

Resources; over 28 years’ exploration experience,

working extensively in Canada, Mexico and South

America.

B. Matthew Hornor,

Chief Executive Officer & President

Executive Vice President of Ivanhoe Mines

Ltd. (formerly Ivanplats Limited); former Vice

President of Ivanhoe Mines Ltd. (now

Turquoise Hill Resources).

Steve Vanry, CFA

Executive Vice President, Corporate Development

Former President and Chief Executive Officer

of West Cirque Resources; 24 years’ management

experience with natural resources companies;

member of the CFA Institute.

Pierre Masse,

Chief Financial Officer

Former Chief Financial Officer of GoviEx

Uranium Inc.; over 30 years’ experience in

mining finance.

Nakaba Chimura,

Executive Vice President, Asia Finance

Asian capital market adviser to Ivanhoe

Mines Ltd. and GoviEx Uranium Inc.

Kaizen’s plan for success:

Delivering value for shareholders and partners

Implement cutting-edge &

cost-effective work programs

on core asset portfolio

Be opportunistic in acquisitions –

leverage strength of management,

technologies & partnerships

Maintain fiscal and

exploration discipline

Identify, evaluate, acquire

and advance world-class

mineral projects

Strengthen our existing relationships and develop

new partnerships

Explore our exciting portfolio of projects

Acquire additional projects – 2-3 per year goal

Expand our footprint across the Pacific Rim

The Future

Corporate snapshot

*Information current as of September 29

Stock Information*

Ticker Symbol TSX-V: KZD

Share Price (Sep 29, 2014) CAD$0.42

Shares Issued and Outstanding: 148,625,237

Market Capitalization CAD$62 million

Financial Information Consolidated Cash Position Approx. CAD$ 15 mil (includes proceeds of recent CAD$4 mil

ITOCHU Corp. project financing)

Major Shareholders HPX TechCo Inc., ITOCHU Corporation

Latest News Releases

September 24, 2014

August 22, 2014

August 18, 2014

July 31, 2014

Kaizen Discovery begins phase one drilling and geophysics programs

at its Aspen Grove Project

Kaizen Discovery receives $4 million financing from ITOCHU to fully

fund two-year exploration program at Aspen Grove Project

Kaizen Discovery and ITOCHU agree to $4 million funding deal to

explore Aspen Grove copper-gold porphyry project in southwestern

B.C.

Kaizen Discovery to participate in upcoming investor conferences in

Toronto and Lima

Investors:

Steve Vanry

Phone: +1 604 669-6446

Email: steve@kaizendiscovery.com

Office

Kaizen Discovery Inc.

World Trade Centre

654-999 Canada Place

Vancouver, BC V6C 3E1

Canada

Phone: +1 604 669-6446

www.kaizendiscovery.com

Presented by B. Matthew Hornor,

CEO & President

Phone: +1 604 331-9895

Email: matthew@kaizendiscovery.com

Discovery done different

Kaizen is a Canadian technology-focused mineral exploration company that

was formed in late 2013 through a combination of Concordia Resource

Corp. and assets acquired from HPX TechCo, a subsidiary of High Power

Exploration.

A strong management team and an experienced board, combined with the

improved project portfolio and access to HPX TechCo's cutting-edge,

proprietary technology, will help enable Kaizen to more effectively identify

and advance mineral projects.