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New assays reveal high-grade gold at Japan Gold's Kitano-o prospect

Sample results from Kitano-o graded up to 60.8 grams per ton gold from the eastern side of the property, which lies in a historical gold district in Japan

gold nugget
Over a dozen rock samples returned assay results grading higher than 2.5 grams per ton gold

Japan Gold Corp (CVE:JG)  has reported further high-grade gold samples from historic mine dumps at the Kitano-o gold prospect.

Sample results from Kitano-o graded up to 60.8 grams per ton (g/t) gold from the eastern side of the property, in a historical gold district in Japan.

Of the 75 rock chip samples collected at Kitano-o, 16 returned assay results that graded higher than 2.5 grams per ton. Grades of up to 89.6 grams per ton silver were also reported.

READ: Japan Gold kicks off 3,000 metre drill program at Kitano-o gold prospect

The Vancouver-based explorer told shareholders it is planning to begin gravity and geophysical surveys on the prospect to help define more drill targets.

According to Japan Gold, outcropping at Kitano-o implies that the epithermal system on the property is preserved

The company is targeting zones where it believes most of the gold resides, the firm added.

The Kitano-o prospect is a large swath of land that houses six historic gold mines which produced over 96,000 ounces of gold averaging a grade of 5.9 grams per ton

Japan Gold is currently drill testing similar targets across the central and west areas of the Kitano-o property with a 3,000 metre program that commenced last week.

Shares of Japan Gold eased 1.7% on Monday afternoon to C$0.30.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Japan Gold

Price: 0.27 CAD

TSX-V:JG
Market: TSX-V
Market Cap: $37.83 m
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