Japan Gold Commences Drilling Program at the Ikutahara Gold Project in Hokkaido
TSX-V: JG
OTCQB: JGLDF
Suite 650 – 669 Howe Street, Vancouver, BC V6C 0B4 Canada
Phone: 778-725-1491
www.japangold.com
NEWS RELEASE
Japan Gold Commences Drilling Program at the Ikutahara Gold Project in Hokkaido
July 25, 2019 – Vancouver, BC – Japan Gold Corp. (TSX -V: JG) (OTCQB: JGLDF) (“Japan
Gold” or the “Company ”) is pleased to report commencement of drilling program at the Kitano -o
prospect located within its Ikutahara Project in north Hokkaido.
Highlights:
• Six diamond drill holes totaling approximately 3,000 metres will test the western and central
portions of the three kilometre long mineralized corridor
• Drilling is targeting epithermal gold-silver veins beneath the historic Kitano -o Mine surface
workings
Kitano-o Gold District
The Kitano- o prospect is located within the Kitano- o Gold District, a 7 x 3 kilometre area which
incorporates six old mines and workings including Kitano, Ikutahara, Showa, Sakinzawa, Toge and
Asada (Figure 1).
In excess of 96,000 ounces of gold at a grade of 5.9 g/t1 was mined at Kitano-o prior to 1943. Gold was
won largely from shallow open- pits in gold-bearing eluvium, and from selective hard- rock mining of
narrow sub-sinter quartz veins and stockworks.
The Kitano- o prospect comprises a large (3 kilometre x 500 metr e) epithermal hot -spring system
defined by silica -sinter outcrops, widespread sinter boulder accumulations, gold bearing sub- sinter
quartz veining, and an extensive steam -heated (or acid -leached) alteration zone. Silica -sinter and
steam-heated alteration develop at the water table level and are a surface manifestation of epithermal
gold-silver vein systems developing at depth. At Kitano -o, the presence of outcropping silica -sinter
implies the whole epithermal system is preserved and numerous mineralized veins mined directly under
the sinter indicate a significant amount of gold has leaked through from boiling-zones at depth.
Kitano-o Phase 1 Drill Program
The Kitano-o Phase 1 drill program totaling 3,000 metres of diamond drilling, will target the well -
defined vein corridor, comprising multiple sub-parallel veins, along the western and central portions of
the east-west trending Kitano-o workings. Six drill holes will target high-grade quartz veins which often
occur in these systems from 150 metres to 250 metres beneath the paleo-water table (sinter level), and
downward towards the lower basement contact (Figure 2).
Additional surface work at Kitano-o is currently focused on refining new drill targets at east Kitano-o,
and the Toge and Asada prospects.
John Proust, Chairman and CEO of Japan Gold, stated, “The start of our second drill program this year
is another important milestone for the Company. Simultaneous drill programs in Hokkaido and Kyushu,
along with ongoing surface exploration programs, demonstrate the Japan Gold team’s expertise and
operational efficiency. The Company is now well positioned to execute its 2019 programs.”
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References:
1 Garwin, Hall, Watanabe, (2005). Tectonic Setting, Geology, and Gold and Copper Mineralization in
Cenozoic Magmatic Arcs of Southeast Asia and the West Pacific. Economic Geology 100th Anniversary
Volume, 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.
"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 Company
holds a portfolio of 13 Gold Projects which cover areas with k nown gold occurrences, a history of
mining and are prospective for high-grade epithermal gold mineralization. The Company also holds a
portfolio of 5 Lithocap Projects 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 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 even ts. 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.
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Figure 1: Ikutahara Gold Project, Simplified Geology and Historic Gold Mines
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Figure 2: Kitano-o Prospect Drill Plan and Long-Section