So much to like about this company!1. 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
2. Well financed to undertake a significant exploration campaign and rapidly advance the projects. Price of PP -C$0.25 per Unit for gross proceeds of C$5 million+First financing in place (same terms) Fully cashed up!
3. Lack of initial competition provided first choice for prospective gold and copper-gold targets
4. First foreign exploration company to apply for and be granted Prospecting Rights in Japan
5. From Feb 24th:
Japan Gold Announces Country-Wide Alliance with Barrick Gold Corporation & Acquires Six New Projects in the Southern Kyushu Epithermal Gold Province
6. The second financing will give Japan Gold the ability to initiate new drill programs on its wholly owned Ikutahara Project in Hokkaido and Ohra-Takamine Project in southern Kyushu concurrently with the country wide evaluation of 28 projects already being carried out under the Barrick Alliance.
GLTA!!