Japan Gold Provides Drilling Update
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 Provides Drilling Update
May 31, 2019 – Vancouver, BC – Japan Gold Corp. (TSX-V: JG) (OTCQB: JGLDF) (“Japan Gold”
or the “ Company”) announce s that mobilization and drill preparations are nearing completion at two
priority gold targets.
Permitting
The Japanese Ministry of Economy, Trade and Industry (“METI”) is currently processing drill permits for
the Ohra-Takamine Project on Kyushu and the Ikutahara Project on Hokkaido.
The Ohra-Takamine Project drill program is on schedule to commence in June and will drill under and
along strike of three historic mines in the central area of the Project. Permitting for this 2,100 metre, Phase
1 drill program is being finalized and the Company anticipates receiving the drill permit soon.
The Ikutahara Project drill program, focused on the Kitano -o Prospect, is now expected to commence in
July. Permitting for this 3,000 metre, Phase 1 drill program is near completion. Prior to METI issuing the
drilling permit, consent is required from the regional forestry office and the Hokkaido government, these
authorities are currently expediting granting of permits. The scale of the Company’s drill program and
required permitting are largely unprecedented in protect ed forest and have entailed comprehensive
procedures.
John Proust, Chairman and CEO, commented, “The Company is well p ositioned to execute its drilling
program in Hokkaido and Kyushu this summer. The extensive permitting process required for approval of
drilling activity in protected forest has been a valuable experience for the Company and bodes well for
future activities.”
Additional drill locations at both projects, are being permitted concurrently to allow for immediate follow-
up drilling contingent on assay results from Phase 1.
Permitting for 3,650 metres of drilling at the Ryuo Prospect in the Ikutahara Project, will also be progressed
during the first half of 2019.
Operations
Four drill rigs are in place to facilitate the Company’s current exploration drilling plans. These drill rigs
comprise two PMC400 and two PMC700 diamond core drill rigs with depth capabilities of 400 metres and
700 met res, in NQ core size , respectively. The compact nature of these drill rigs allows for rapid
mobilization and set-up.
The Company will operate the drill programs from its project exploration bases in Hokkaido and Kyushu.
Drilling will be conducted via co-operation of the Japanese company Welltech LLC and the Company’s
experienced international drillers.
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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 12 Gold Projects which cover areas with known 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 cou ld 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].
For further information please contact:
John Proust
Chairman & CEO
Phone: 778-725-1491
Email: [email protected]
Website: www.japangold.com
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 qualif ied 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 expl ain any material difference between such and
subsequent actual events, except as required by applicable law.
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