Japan Gold Announces Arrival of its Diamond Drill Rigs at Ikutahara, Japan
TSX-V: JG
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 Arrival of its Diamond Drill Rigs at Ikutahara, Japan
August 14, 2017 – Vancouver, BC – Japan Gold Corp. (TSX-V: JG) (OTCQB: JGLDF) (“Japan Gold” or
the “Company”) is pleased to announce that the Company’s three compact portable diamond core drill rigs have
arrived at Japan Gold’s base of operations in Ikutahara.
John Proust, Chairman and CEO of Japan Gold, commented, “The arrival of our compact diamond core drill rigs
at the base of operations in Ikutahara is a positive step towards becoming a fully operational explorer in Japan.
The Company sees significant time and cost saving benefits in owning its own drill rigs. Our first drill program
will commence upon receipt of the requisite drilling permits.”
The Drill Rigs
As announced on June 1, 2017, Japan Gold purchased three portable diamond core drill rigs from PT. Promincon
Indonesia. Due to the low levels of mineral exploration carried out in Japan in recent years, there is very limited
availability of drill rigs suitable for mineral exploration in country. Acquisition of the two PMC400 drill rigs and
one PMC700 drill rig will give the Company independence and flexibility on the timing and execution of its drill
programs. The compact nature of these diamond core drill rigs allows for rapid set-up, move and the remediation
of drill sites. They also have a smaller environmental footprint when compared to conventional equipment. The
drill rigs have been proven and tested in similar geological environments. The PMC400 and the PMC700 drill rigs
can core-drill to depths of over 400 meters and 700 meters in NQ core size respectively.
The Drilling Contract
As previously announced, Japan Gold has eng aged Sumiko Resources Exploration & Development Co., Ltd.
(“SRED”) to manage its drilling programs in Japan and operate the Japan Gold drill rigs. SRED is a wholly owned
subsidiary of Sumitomo Metal Mining Co., Ltd., a major non-ferrous metal mining and smelting company based
in Japan. SRED offers consulting services for resource exploration and environmental investigation using
geological, geophysical exploration and related technologies including drilling. SRED was instrumental in the
prospecting, development and exploitation of the Hishikari Mine, Japan’s largest and highest grade operating gold
mine.
On behalf of the Board of Japan Gold Corp.
“John Proust”
Chairman & CEO
About Japan Gold Corp.
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Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold and copper-gold exploration
in Japan. The Company has applied for 180 prospecting rights licenses in Japan for a combined area of 59,606
hectares over twelve separate project s. Thirty-two of the applications have been granted as Prospecting Rights.
The 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].
Japan Gold Contact
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 st atements 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 fo r 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 achieved may vary fro m the information provided herein as a result of numerous known and
unknown risks and uncertainties and other factors.