Japan Gold Announces 2018 Corporate Strategy
TSX-V: JG
OTCQB: JGLDF
Japan Gold Corp.
Suite 650 – 669 Howe Street, Vancouver, BC V6C 0B4 Canada
Phone: +1 778-725-1491
www.japangold.com
NEWS RELEASE
Japan Gold Announces 2018 Corporate Strategy
March 1, 2018 – Vancouver, BC – Japan Gold Corp. (TSX -V: JG) (OTCQB: JGLDF) (“Japan
Gold” or the “Company”) is pleased to announce its corporate strategy in 2018. The strategy has two
parts:
To undertake a series of work programs at several projects throughout Japan
To complete one or more joint ventures
The Company is actively seeking joint venture partners to accelerate exploration on its significant Japan
portfolio and is currently updating its website to give detail s on each of its projects (please refer to
www.japangold.com).
Chairman and CEO, John Proust, stated, “We are pleased to embark on an aggressive 2018 exploration
program, a large component of which will be drilling to explore for high-grade gold mineralization in
and around historic gold mines. These opportunities are particularly unique because of the lack and / or
absence of drilling around these historic mines.”
Mr. Proust continued, “With Japan Gold’s first–mover advantage and the large portfolio of projects that
we have assembled throughout the cou ntry, we feel it is appropriate to engage with interested parties
that may be able to collaborate with us to advance this significant portfolio in a comprehensive and
timely fashion.”
2018 Exploration Program
Hokkaido Projects
The Company p lans to advance the Hokkaido projects during the summer which will include scout
drilling programs at the Ikutahara Project around historic mine workings, and surface exploration on its
Hakuryu Project.
The Ikutahara Project:
Aggressive scout drill programs are planned to advance six high-ranked prospects in the Ikutahara
Project in 2018 (refer to Figure 1 for project location). The six prospects include the historic mine areas
of Kitano-o, Ikutahara, Showa, Sakinzawa, Ryuo and Saroma (refer to Figure 2 for prospect locations).
Detailed surface mapping and sampling programs will run in parallel and seek to develop more targets
associated with historic mines in the southern and northwestern parts of the Ikutahara Project.
The Kitano-o, Ikutahara, Showa and Sakinzawa eluvial and hard rock gold workings are located over
an approximate 6 by 2.5 km area in the historic Kitano-o gold field.
Historic production from the Kitano-o gold field (96,452 ounces at a grade of 5.9 g/t)1 was largely from
rich residual surface gold deposits (gold -bearing eluvium). Lesser gold production is reported from
selective hard rock mining of narrow sub -sinter quartz-adularia-clay veins and stockworks hosted in
extensively altered rhyolitic volcaniclastics and laminated mudstones underlying silica-sinter deposits.
The Ryuo mine, operated prior to 1943, was developed on five vein zones identified within a 1,000 m
by 400 m NE-SW oriented zoned alteration system, which remains open to the southwest. The Metal
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Mining Agency of Japan ( MMAJ) reported data on the Jinja and Shouei veins and shows workings
developed on up to six levels to a depth of 75 m below surface . Underground workings of the Jinja
veins were re -sampled during the 1950’s and some specta cularly high-grade samples were reported,
refer to the Company’s website news release dated February the 9 , 2017:
http://japangold.com/completes-2016-field-program/
The historic Saroma, Chi tose and Taiho gold workings are hosted in epithermal sheeted vein zones
developed along a 4 km long northeast striking fault system. The Saroma prospect is composed of at
least three subparallel vein sets traceable along a 1.2 km open-ended strike length. Vein thickness varies
from few centimeters to approximately 5.0 m thick as observed in the historical workings. Operated
during the 1930’s, records show the Saroma mine produced 13,189 tons of ore at an average grade of
9.7 g/t between 1933 to 19392.
The Hakuryu Project:
Surface exploration pro grams planned over the Hakuryu P roject for 2018 include mapping and
geochemical surface sampling to aid in identifying extensions to the previously mined Konomai lodes
and identification of alteration and geochemical footprints that may indicate the presence of concealed
mineralisation.
Located approximately 30 km northwest of the Ikutahara Project, the Hakuryu Project comprises 4,901
hectares and includes the southern lodes of the large historic Konomai gold -silver mine, ( Figure 1).
From 1915-73, Konomai produced a total of 2.35 Moz of gold at an average grade of 6.4 g/t Au and 40
Moz of silver at an average grade 109 g/t Ag 2. The southern portion of the Konomai vein system lies
within the no rtheastern part of the Hakuryu P roject. The largest of these lodes are known as the
Motoyama and Fujishima veins, which produced more than 770 Koz of gold and 7.6 Moz of silver 3.
Bonanza gold grades (> 40 g/t Au) in crustiform and colloform-banded, quartz-calcite-adularia ± sulfide
veins are reported. The Hakuryu lode, which lies in the southeastern portion of the project, produced
about 8,000 tonnes of ore at 4.9 g/t Au and 43 g/t Ag4.
As part of a regional metallogenic study reported in 1990, the MMAJ undertook regional rock and soil
sampling over a 15 x 12 km area, which partially overlaps and includes the eastern half of Japan Gold’s
Hakuryu Project area. Analytical results yielded peak assays of 6.02 g/t Au and 18.9 g/t Ag from 78
rock samples5.
Kyushu Projects
For Kyushu, data compilation is in progress. Initial alteration mapping and geochemical rock sampling
at the Kamitsue, Ohra-Takamine and Tobaru P rojects will commence in March to define and rank
targets for scout drilling, with the aim of having a drill targets ready for December at Kamitsue, the
most advanced of the Company’s Kyushu projects.
The Kamitsue Project:
The Kamitsue Project is located in the Northern Kyushu Epithermal Gold Province cover ing 4,069
hectares, and is the most advanced of the Kyushu projects (refer to Figure 3). Detailed surface
exploration was completed at Kamitsue and reported by the MMAJ in the early 1990’s. The Company
plans to initially confirm soil and alteration anomalies reported by the MMAJ and believes it will be
able to plan an initial scout drill program to be executed late in 2018 if required permits are received on
time. For more information on the Kamitsue Project refer to the Company’s website and news release
dated April 26, 2017: http://japangold.com/japan-gold-expands-land-position-with-acceptance-of-
prospecting-rights-applications-on-the-island-of-kyushu-japan/
The Ohra-Takamine and Tobaru Projects:
The Ohra-Takamine and Tobaru Projects comprise 1,681 and 1,347 hectares respectively and are
located in Southern Kyushu Epithermal province (refer to Figure 3). The Ohra-Takamine Project
hosts three historic epithermal gold mines that were mined periodically from the late 19th century
until 1943 when the Japanese government imposed gold-mine closures. The MMAJ conducted
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regional and more detailed studies over the Ohra-Takamine area between 1983 and 1989, six drill
holes were completed as part of this work. At Tobaru, the project applications enclose a large area of
alteration hosted in andesite-rhyolite volcanics centered on a northeast oriented 1,500 by 700 m zone
of silicification and quartz veining which includes pockets of advanced argillic alteration. No historic
production is recorded at Tobaru, however, the area lies proximal to the Fuke and Okuchi deposits
which produced in excess of 800,000 of gold. For more information on Ohra-Takamine and Tobaru
refer to the Company’s website and news release dated October 10, 2017: http://japangold.com/japan-
gold-expands-its-project-portfolio-with-two-new-projects-in-the-southern-kyushu-epithermal-gold-
province-japan/
Qualified Person
The technical informatio n in this news release has been reviewed and approved by Japan Gold’s
President & Chief Operating Officer, Dr. Mike Andrews, PhD, FAusIMM, who is a Qualified Person
as defined by National Instrument 43-101.
References
1 Garwin, S., et al. 2005. Tectonic Setting, Geology, and Gold and Copper Mineralisation in the
Cenozoic Magmatic Arcs of Southeast Asia and the West Pacific, Appendix 1, Economic Geology
100th Anniversary Volume, p 891-930
2 Gold Mines in Japan, The Mining & Materials Processing Institute of Japan, 1990.
3 Sumitomo Metal Mining Co. Ltd. (Editorial Committee), Oct. 2003. The Konomai Mine History
50th Anniversary - The History of Sumitomo Konomai Gold Mine, p. 59 – 73.
4 Metals Mining Agency Japan (MMAJ), 1990. Nippon Mining Corp (NMC) Survey Report 3, p. 58-
64 & 76-79.
5 Metals Mining Agency Japan (MMAJ), 1995. Survey Report 1995, No. 7 - Geological Structure of
the Northern Hokkaido Region B. p. 6-24.
On behalf of the Board of Japan Gold Corp.
“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 in Japan. The Company holds 32 prospecting rights and 178 prospecting rights applications
in Japan for a combined area of 69,505 hectares over 17 separate projects. These prospecting rights and
applications cover areas with known gold occurrences and a history of mining, and are prospective for
both high-grade epithermal gold mineralization and gold -bearing lithocaps, which could indicate the
presence of porphyry mineralization. Japan Gold’s leadership team has decades of resource industry
and business experience, 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].
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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 that are forward-looking in nature and, as a result, are subject to certain risks
and uncertainties, such as general economic, market and business conditions, competition for qualified
staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from
potential delays or changes in plans, uncertainties resulting from working in a new political
jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and
granting of prospecting rights, uncertainties regarding the Company’s ability to execute and implement
future plans, and the occurrence of unexpected events. Actual results ac hieved may vary from the
information provided herein as a result of numerous known and unknown risks and uncertainties and
other factors. No joint ventures are currently in hand and there is no guarantee that the Company will
conclude a joint-venture.
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Figure 1, Japan Gold, Hokkaido Project Locations and Gold Bearing Provinces
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Figure 2, Japan Gold, Ikutahara Project and Prospect Locations
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Figure 3, Japan Gold, Kyushu Project Locations and Epithermal Gold Provinces