- Japan Gold Corp. (TSXV:JG) has begun drilling at the Ohra prospect within its 100 per cent owned Ohra-Takamine project in southern Japan
- The Ohra-Takamine project is within the Hokusatsu Region of the Southern Kyushu Epithermal Gold Province, Japan’s largest gold-producing district
- The company conducted a data set collected over the project that helped define drill targets along the 3.5-kilometre-long, open-ended corridor of alteration and mineralization defined by historical gold mines
- Japan Gold Corp stock (TSXV:JG) opened trading at $0.16 per share
Japan Gold Corp. (TSXV:JG) has begun drilling at the Ohra prospect within its 100 per cent owned Ohra-Takamine project in southern Japan.
The Ohra-Takamine project is within the Hokusatsu Region of the Southern Kyushu Epithermal Gold Province, Japan’s largest gold producing district, with more than 11 million ounces of combined production from high-grade low-sulphidation epithermal vein deposits.
Source: Japan Gold Corp.
The company conducted a data set collected over the project, which included geological mapping, soil geochemistry, CSAMT, gravity and three diamond drillholes. The gathered data helped define drill targets along the 3.5-kilometre-long, open-ended corridor of alteration and mineralization defined by historical gold mines. The company said in a news release that drilling will initially focus on the prospective untested 1.5-km-long strike zone between the Ohra and Takamine mines.
The Ohra mine produced more than 28,000 ounces of gold including 21,000 ounces at grades greater than 20 g/t gold before it was closed in 1942. Two drill holes were previously completed by the company at the prospect.
The first planned drill hole is 150 metres southwest of the Ohra workings and will target the inferred strike extension of the veins encountered in Ohra footwall in the other drill hole.
If the planned drill hole is successful, additional drilling will target the 1.2-km-long gold and pathfinder element anomalous strike extension towards the Takamine mine workings.
Japan Gold Corp. is a mineral exploration company focused solely on gold exploration across the three islands of Japan: Hokkaido, Honshu, and Kyushu. The company holds a portfolio of about 31 gold projects, which cover areas with known gold occurrences, which are prospective for high-grade epithermal gold mineralization.
Japan Gold Corp. (JG) opened trading at $0.16 per share.
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