Japan Gold Acquires a Dominant Position in Kyushu with the Addition of Five New Gold Projects
TSX-V: JG
OTCQB: JGLDF
Suite 650 – 669 Howe Street, Vancouver, BC V6C 0B4 Canada
Phone: +1 778-725-1491
www.japangold.com
NEWS RELEASE
Japan Gold Acquires a Dominant Position in Kyushu with the Addition of Five New Gold
Projects
September 09, 2019 – Vancouver, BC – Japan Gold Corp. (TSX -V: JG) (“Japan Gold” or the
“Company”) is pleased to announce a second round of project acquisitions with the addition of five
new gold Projects in the prospective Southern and Middle Kyushu Epithermal Gold Provinces. The
projects cover prospective ground along strike of, or adjacent to, significant current and past producing
gold mines including the Hishikari, Kushikino, Yamagano, Okuchi and Bajo mines. The new projects
comprise 21,058 hectares collectively. The Japanese Ministry of Economy, Trade and Industry
(“METI”) has notified acceptance of the new applications giving Japan Gold priority over these areas
and authorization to commence surface exploration. With the addition of these n ew projects, the
Company’s portfolio now includes 24 separate gold projects within the major epithermal gold provinces
of Japan (Figure 1).
Highlights
• Five new low sulphidation epithermal gold Project acquisitions
• Portfolio expanded to 24 Projects
• Dominant position in the Southern Kyushu Epithermal Gold Province
• Three Projects adjacent to the Sumitomo Metal Mining, Hishikari Mine property
John Proust, Chairman & CEO commented “The acquisition of this coherent ground package in such a
prospective address is a remarkable accomplishment. These new projects continue to provide
outstanding exploration opportunities within the portfolio and the potential to create significant value
for Japan Gold going forward.”
The Southern Kyushu Epithermal Gold Province
In excess of 11 million ounces of gold have been produced from low-sulphidation epithermal deposits
within the province, notable producers include: the Hishikari mine with 7.6 million ounces produced to
date at average grades of 30-40 g/t Au1; Kushikino mine, 1.8 million ounces at 6.7 g/t Au; Yamagano
mine, 910,000 ounces at 17.4 g/t Au; and the Okuchi mine with 714,000 ounces at 13.6 g/t Au2,3. The
Company now holds a dominant position covering most of the highly prospective geology immediately
along strike and adjacent to historic and currently producing mines in the province.
The three new projects within the Southern Kyushu Epithermal Gold Province include Isa, Gumyo and
Kurino and comprise an additional 14,742 hectares (Figures 2 and 3). These projects cover prospective
Pliocene and Pleistocene geological sequences adjacent to and along strike of the Hishikari, Yamagano
and Okuchi gold mines, refer to Figures 2 and 3 for project localities . Refer also to recent Company
news releases dated 29 August and 30 July, 2019 for information on other new project acquisitions in
the province.
Middle Kyushu Epithermal Gold province
In excess of 1.7 million ounces of gold have been produced historically from epithermal gold mines in
the Middle Kyushu Province. The two newly acquired projects within the Middle Kyushu Epithermal
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Province are the Bajo and Usa projects and cover extensions to the Bajo gold mine and a series of
historic gold workings in the Usa area for a combined total of 6,315 hectares (Figure 2).
Drill Result Disclosure
In conjunction with the aggressive project generation activities and multiple drilling operations, Japan
Gold has reviewed its policy for drill result disclosure and determined t hat it is in the best interest of
the Company to release results on the two current drill programs at the end of each phase of drilling
when final assay results, ICP analysis and a thorough understanding of the program phase has been
completed. This timing is consistent with better practices and allows the release of reliable and
insightful information.
Figure 1: Expanded Japan Gold Portfolio
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Figure 2: Middle and Southern Kyushu Epithermal Gold Provinces
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Figure 3: Southern Kyushu Epithermal Gold Province
References:
1 Sumitomo Metal Mining Co., LTD. website, production as of end of March 2019.
2 Watanabe Y, 2005. Late Cenozoic evolution of epithermal gold metallogenic provinces in Kyushu,
Japan. Mineralium Deposita (2005) 40: pp 307-323
3 Garwin, S.G. et al. 2005. Tectonic setting, Geology, and gold and copper mineralization in the
Cenozoic magmatic arcs of Southeast Asia and the West Pacific. Economic Geology 100th Anniversary
Vol. pp 891-930
Qualified Person
The technical information in this news release has been reviewed and approved by Japan Gold's
President & Chief Operating Officer, Dr. Mike Andrews, PhD, FAusIMM, FSEG, who is a Qualified
Person as defined by National Instrument 43-101.
On behalf of the Board of Japan Gold Corp.
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"John Proust"
Chairman & CEO
About Japan Gold Corp.
Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold and copper -gold
exploration across the three largest islands of Japan: Hokkaido, Honshu and Kyushu. The C ompany
holds a portfolio of 24 Gold Projects which cover areas with known gold occurrences, a history of
mining and are prospective for high-grade epithermal gold mineralization. Japan Gold's leadership team
has decades of resource industry and business ex perience, and the Company has recruited geologists
and technical advisors with experience exploring and operating in Japan. More information is available
at www.japangold.com or by email at [email protected].
Japan Gold Contacts
John Proust
Chairman & CEO
Phone: 778-725-1491
Email: [email protected]
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release. This news release contains forward-looking statements relating to expected or anticipated
future events and anticipated results related to future partnerships and the Company's 2019 gold
exploration program. These statements are forward-looking in nature and, as a result, are subject to
certain risks and uncertainties that include, but are not limited to, general economic, market and
business conditions; competition for qualified staff; the regulatory process and actions; technical
issues; new legislation; potential delays or changes in plans; working in a new political jurisdiction;
results of exploration; the timing and granting of prospecting rights; the Company's ability to execute
and implement future plans, arrange or conclude a joint-venture or partnership; and the occurrence
of unexpected events. Actual results achieved may differ from the information provided herein and,
consequently, readers are advised not to place undue reliance on forward-looking information. The
forward-looking information contained herein speaks only as of the date of this News Release. The
Company disclaims any intention or obligation to update or revise forward‐looking information or to
explain any material difference between such and subsequent actual events, except as required by
applicable law.