Japan Gold Corp has acquired 17 projects covering 69,505 hectares and plans to drill test priority targets in 2018, focussing on high grade epithermal veins in and around historic mines and workings. 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 produced over 7 million ounces of gold between 1985-2017 at an average grade of 30-40 g/t Au. 1
1Sumitomo Metal Mining Co., Ltd. website.
Despite being a first-world country with a rich history of gold mining, there has been very little gold exploration in Japan since World War II when gold mining was suspended due to a government moratorium on gold mining at that time. When the Japan Mining Act was amended in 2012 for the first time allowing foreign mineral companies the ability to hold exploration and mining permits, Japan Gold was the first company to seize this opportunity.