The first foreign mineral exploration company to focus solely on Japan
Japan Gold is the first foreign mineral exploration company to focus solely on Japan. The Tertiary volcanic arc terrains of Japan host 76 known past producing gold mines, including five one-million-plus-ounce gold deposits. Still producing today, is one of the world’s highest-grade gold mines, the Hishikari Mine on Japan's Kyushu Island. The Hishikari Mine has produced over 7 million ounces of gold from 1985-2016 at over 200,000 ounces per year with grades averaging 40 g/t gold.
Japan Gold has 173 prospecting rights applications accepted over 11 projects totaling 57,337 hectares throughout Japan. To date, 32 of these applications have been granted as Prospecting Rights, demonstrating Japan Gold's ability to navigate through the Japanese permitting process. Seven of the projects target high-grade epithermal gold deposits. The other 4 projects target areas of gold-bearing advanced argillic alteration lithocaps, which could indicate the presence of porphyry mineralization.
Japan Gold’s executive team and Board of Directors have decades of technical and business experience and a proven track record of growing companies from grassroots exploration through to production. The Company's team includes geologists and advisors with experience exploring and operating in Japan. The Company completed a C$7 million financing in September 2016 and is executing a substantial exploration program including plans to begin drilling in 2017 with the objective of rapidly advancing the projects and unlocking the potential of Japan’s mineral resource.
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. June 5, 2017 – Vancouver, BC – Japan Gold Corp. (TSX-V: JG) (“Japan Gold” or the “Company”) is pleased to announce that it has agreed to the … Read More
Japan Gold Signs Drilling Contract with Sumiko Resources Exploration & Development Co., Ltd. and Reaches Agreement to Purchase Three Diamond Core Drill Rigs
June 1, 2017– Vancouver, BC – Japan Gold Corp. (TSX-V: JG) (OTCQB: JGLDF) (“Japan Gold” or the “Company”) is pleased to announce that the Company has concluded an agreement with Sumiko Resources Exploration & Development Co., Ltd. (“SRED”) to manage and operate its drilling programs in Japan. To support this contract, Japan Gold has agreed … Read More
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