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Ponkutosan Project

Commodity: Gold & Copper
Target: Porphyry Cu-Au and High Sulphidation Epithermal Au  (“HSE”)
Location: Southwest Hokkaido, Japan
Size: 1,570 Ha
Permitting Status All prospecting rights applications have been accepted and the land is reserved for Japan Gold

The Ponkutosan Project comprises five accepted applications (1,620 hectares) covering an extensive area of advanced argillic alteration. The Metal Mining Agency of Japan mapped a silica-alunite alteration area near the Ponkutosan Project and sampled 32 m at 1.3 g/t gold. Creek float 1.7 km downstream from Japan Gold’s application area is dominated by quartz-alunite, residual silica and other silica-pyrite alteration.