Japan Gold Expands Sanru Gold Project in Northern Hokkaido
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 Expands Sanru Gold Project in Northern Hokkaido
August 12, 2019 - Vancouver, British Columbia - Japan Gold Corp. (TSXV: JG) (OTCQB:
JGLDF) ("Japan Gold" or the "Company") is pleased to announce acceptance of new prospecting
rights applications covering extensions to its Sanru Epithermal-Gold Project by the Japanese Ministry
of Economy, Trade and Industry ("METI"). The forty new applications totalling 12,842 hectares cover
prospective tertiary geology between the Company’s Sanru Project, and Irving Resources Inc’s Omu
Project, located to the north east (Figure 1).
Highlights
• 40 new applications totalling 12,842 hectares effectively doubling Japan Gold’s Sanru Project
in the Omu-Kamikawa graben, northern Hokkaido;
• The Sanru Project now covers a 20 x 16 kilometre under-explored area hosting five historic
gold workings, immediately along strike of the region’s second largest gold mine, the Sanru
Mine (225,000 ounces of gold averaging 7.4 g/t and 1.4 million ounces of silver).
Sanru Project
In the Kitami Region of northern Hokkaido, rhy olite geology associated with epithermal -gold
mineralization is localized along two major north-south trending grabens. Numerous gold mines hosted
within these two grabens were developed in the region up to 1943 including the Konomai Mine, Japan’s
third largest gold mine which ultimately produced 2.35 million ounces of gold at an average grade of
6.4 g/t and 40 million ounces of silver prior to closure in 1974; and the Sanru Mine, the Kitami Region’s
second largest gold mine which went on to produce more than 225,000 ounces of gold at an average
grade of 7.4 g/t and over 1.4 million ounces of silver between 1925 and 19741.
METI’s acceptance of Japan Gold’s applications effectively doubles the Company’s land holding in the
Sanru district of the western Omu -Kamikawa graben. The Sanru Project now covers a 20 by 16
kilometre under-explored area of the Omu-Kamikawa graben between the Sanru Mine in the south and
the boundary of Irving Resources’ Omu property in the north.
Five historic gold workings are located within the Company’s Sanru Project along strike of the same
structure which hosts the Sanru Mine and prospective parallel structures. Regional stream sediment
sampling was carried out by the geological division of the Japanese Ministry of International Trade and
Industry (“MITI”) in the late 1990’s identifying additional anomalous drainages in the Company’s
Sanru Project area. No detailed follow -up mapping or drilling was undertaken on these anomalies.
Based on literature and research, no exploration programs were carried out in the new applications area.
To advance the Project, the Company plans to commence regional multi-element stream sediment and
BLEG ( Bulk Leach Extractable Gold ) geochemical surveys, geological mapping and rock -chip
sampling, ground follow-up of anomalies and an investigation of other recorded historic workings.
References:
1 Watanabe, 1995. Genesis of Vein-hosting Fractures in the Kitami Region, Hokkaido, Japan. Resource Geology,
v46(3), pp 151-166, 1996.
2
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 exploration across
the three largest islands of Japan: Hokkaido, Honshu and Kyushu. The Company holds a portfolio of
18 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 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 par tnerships 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 condition s; 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.
3
Figure 1: Kitami Region, Gold Deposits and Japan Gold Projects