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Japan Gold kicks off the first of this year's drill programs at Ohra-Takamine project

Diamond core drilling will be carried out to depths of up to 600 meters using local contractor Ando Chisitsu Drilling

Japan Gold -
Historic production data shows high-grade mineralization at the Ohra and Urushi mines, including 21,000 ounces mined at grades greater than 20 grams per ton gold at Ohra between 1915 and 1925

Japan Gold Corp (CVE:JG) (OTCQB:JGLDF) told investors that drilling has started at its Ohra-Takamine project, a site of previous production, on the island of Kyushu.

It is the group's first drilling program this year in the gold endowed Southern Kyushu epithermal gold province, the company said, and will initially see two holes sunk along the open-ended, 3.5 kilometer (km) corridor defined by the historic Ohra, Takamine and Urushi mines.

READ: Japan Gold awaits sample results from eight of 14 Barrick alliance southern Kyushu projects

Diamond core drilling will be carried out to depths of up to 600 meters using local contractor Ando Chisitsu Drilling company as Japan Gold cannot use its own teams due to ongoing international border closures.

"We have been very fortunate to identify and secure a Japanese drilling contractor with the capabilities to carry out our drilling program in the midst of the global pandemic," John Proust, the firm's CEO said in a statement.

Mining at Ohra-Takamine was halted in 1943 by a government-imposed moratorium, the firm noted.

Historic production data shows high-grade mineralization at the Ohra and Urushi mines, including 21,000 ounces mined at grades greater than 20 grams per ton (g/t) gold at Ohra between 1915 and 1925, and also that the number 2 vein in the Urushi mine hosted a high-grade shoot that carried grades between 50 to 100 g/t of the precious metal.

Planned holes will target down-dip extensions of high-grade mineralization mined in shallowly developed workings at Urushi and Ohra, the company said.

Japan Gold is focused solely on gold exploration across the three largest islands of Japan - Hokkaido, Honshu and Kyushu

It also has a country-wide alliance with Barrick Gold Corp to jointly explore, develop and mine certain gold mineral properties and projects. This was formed in February this year and covers 28 out of the firm's 30 projects.

Contact the author at giles@proactiveinvestors.com

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Price: 0.35 CAD

TSX-V:JG
Market: TSX-V
Market Cap: $61.03 m
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Japan Gold provides update on their Barrick Alliance and the search for gold...

Japan Gold (CVE: JG-OTCQB: JGLDF) Chairman and CEO John Proust joined Steve Darling from Proactive Vancouver with an update on the exploration work under the Barrick Alliance looking at the Hokusatsu region of the southern Kyushu. Proust telling Proactive what work has been started over this...

on 07/09/2020

2 min read