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Japan Gold boasts first mover advantage in Japan and an extensive exploration alliance with major Barrick Gold

Last updated: 10:12 29 Feb 2024 EST, First published: 06:00 03 Dec 2021 EST

Snapshot

  • Japan Gold expands Mizobe project hydrothermal system in southern Kyushu
  • Japan Gold announces additional core sampling extends mineralization at Mizobe Project
Japan Gold -

About the company

Japan Gold Corp is a Canadian mineral exploration company focused solely on gold exploration across the three largest islands of Japan: Hokkaido, Honshu and Kyushu. The company has a country-wide alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects. The company holds a portfolio of 31 gold projects which cover areas with known gold occurrences, a history of mining and are prospective for high-grade epithermal gold mineralization. Japan Gold's leadership team represent decades of resource industry and business experience, and the company has recruited geologists, drillers and technical advisors with experience exploring and operating in Japan.

How it is doing

29 Feb 2024

Japan Gold (TSX-V:JG) announced it has completed the second phase of drilling at the Mizobe Project in Southern Kyushu, Japan, which is part of the Barrick Alliance.

The drilling program expanded a concealed, multi-phase hydrothermal system with significant dimensions of approximately 2.5 by 1.5 kilometres, the company said in a statement.

Mineralized intervals continue to be encountered within an open hydrothermal alteration system at Mizobe, Japan Gold (TSX-V:JG) noted.

Notably, the mineralization found in drilling is locally extensive, featuring broad breccia-hosted intervals stretching up to 144 meters in down-hole length.

28 Feb 2024

Japan Gold (TSX-V:JG) has unveiled industry veteran Fraser MacCorquodale as its new president and chief operating officer.

Having worked in the copper and gold sector for 35 years, MacCorquodale has expertise in near-mine, brownfield and greenfield exploration from projects across the world, the firm said on Wednesday.

14 Feb 2024

Japan Gold (TSX-V:JG) has released an update detailing its 2023 work programs and outlining plans for 2024 across its portfolio of projects under an alliance with gold major Barrick Gold Corp. (TSX:ABX, NYSE:GOLD).

The Barrick Alliance projects, particularly the Mizobe project in Southern Kyushu, saw substantial activity in 2023, including the completion of seven drill holes totaling 2,416.2 meters of drill core.

What management says

16 Nov 2023

Japan Gold (TSX-V:JG) CEO John Proust joined Steve Darling from Proactive to to announce significant developments in their mineral exploration initiatives. The company has seen substantial results from in-fill sampling in a drill hole at the Barrick Alliance Mizobe Project in Southern Kyushu. The results have notably expanded the down-hole width of a broad mineralized interval that was previously identified in the initial framework drill program conducted earlier in the year. The interval now measures 144.0 meters with mineralization grades of 0.7 grams per tonne (g/t) for gold (Au) and 2.1 g/t for silver (Ag), starting from 47.0 meters depth.

Proust expressed satisfaction with the exploration team's progress and announced the commencement of a second drilling phase at the Mizobe Project. This new round involves four additional drill holes aimed at probing the extensions of a largely concealed mineralized system. The team anticipates completing the 1000 meters of drilling by December. In addition to the drilling efforts, Proust mentioned that other projects are also advancing. A geophysical survey is in progress at the Togi Project in central Honshu. Concurrently, detailed mapping is being carried out at the Hakuryu Project. Furthermore, a comprehensive review of the combined data set from the Aibetsu Project is underway. This set includes mapping, soil samples, and Controlled-source Audio-frequency Magnetotellurics (CSAMT) geophysics, with the goal of delineating precise drill targets. These collective efforts demonstrate Japan Gold (TSX-V:JG)'s commitment to a multifaceted exploration strategy across its projects.

Japan Gold announces additional core sampling extends mineralization at...

Japan Gold (TSX-V:JG) CEO John Proust joined Steve Darling from Proactive to to announce significant developments in their mineral exploration initiatives. The company has seen substantial results from in-fill sampling in a drill hole at the Barrick Alliance Mizobe Project in Southern Kyushu....

on 11/16/2023