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Japan Gold Corp V.JG

Alternate Symbol(s):  JGLDF

Japan Gold Corp. is a Canadian mineral exploration company focused on gold exploration in Japan. The Company holds a significant portfolio of tenements covering areas with known gold occurrences, history of mining and prospective for high-grade epithermal gold mineralization. It has an alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects with the potential to host tier i or tier II gold ore bodies in Japan. It is focused solely on gold exploration across the three largest islands of Japan: Hokkaido, Honshu, and Kyushu. The Company holds a portfolio of 35 projects across the three main islands of Japan, for a total of 303,923 hectares. Its projects include Aibetsu Project, Bajo Project, Buho Project, Ebino Project, Gumyo Project, Ikutahara Project, Kamitsue Project, Mizobe Project, Ohra-Takamine Project, Onoyama Project, Tobaru Project, Tobaru-Fuke Project, Togi Project, and Usa Project, among others.


TSXV:JG - Post by User

Bullboard Posts
Post by sueronon Jul 24, 2019 2:29pm
99 Views
Post# 29955689

Japan Gold Corp. has begun phase 1 scout drilling

Japan Gold Corp. has begun phase 1 scout drilling JAPAN GOLD COMMENCES DRILLING AT THE OHRA-TAKAMINE PROJECT Japan Gold Corp. has begun phase 1 scout drilling at the Ohra-Takamine project in the southern island of Kyushu, following approval of its drill program by the Japanese Ministry of Economy, Trade and Industry (METI). Ohra-Takamine phase 1 drilling program The phase 1 scout drilling program will comprise an initial four drill holes (approximately 2,100 metres) to commence testing an open-ended, 3.5-kilometre corridor of alteration and epithermal mineralization. The alteration corridor is host to three historic gold mines, the Ohra, Takamine and Urushi mines, that were in production until the government-imposed closure occurred in 1943. Drilling will target extensions and parallel vein shoots below and along strike of shallowly developed mine workings and also further along the alteration corridor. Diamond core drilling will be carried out from surface by a company-owned PMC 700 drill rig capable of drilling to depths of up to 700 metres. "We are very pleased to commence the first of our 2019 drilling programs in the Southern Kyushu epithermal gold province, the same province which hosts several other significant historic high-grade gold mines, including the currently producing Hishikari gold mine, owned by Sumitomo Metal Mining Co. Ltd. We also look forward to shortly announcing commencement of our second 2019 drill program in North Hokkaido, which will be targeting vein zones below the historic Kitano-o gold mine at our Ikutahara project," commented John Proust, chairman and chief executive officer. The initial phase of drilling is expected to continue for approximately three months and results will be released as available.

Not saying to buy or sell..

GLTA JG share holders.

Ron

Bullboard Posts