Japan Gold enhances its gold portfolio throughout Japan

Japan Gold continues to strengthen its foothold across the country after the company announced two new projects that significantly enhance its epithermal gold exploration portfolio.

The projects, located in the highly prospective Southern Kyushu Epithermal Gold Province, are just two of the 210 prospecting rights licences under Japan Gold, either granted or in progress.

The Tobaru, and Ohra-Takamine Projects cover alteration zones and historic gold-silver mines in a prospective and relatively underexplored part of the province.

Looking closer at the locations, Tobaru and Ohra-Takamine are located with the highly hold endowed Hokusatsu-Kushikino mining district.

The Tobaru Project is located in the northern most part of the Hokusatsu-Kushikino mining district and comprises four applications for a total of 1,347 hectares.

The Ohra-Takamine Project comprises five application blocks for a total of 1,681 hectares over the historic Takamine-Urushi, Takamine and Ohra mines. The project is located 7.5 kilometers south of the historic Yamagano mine which produced 900,000 ounces of gold at a grade of 17.4 g/t, Figure 1.

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Initially discovered in 1885 and mined periodically to 1943 the Ohra mine produced in the order of 27,000 ounces of gold at grades reported between 3.5 to 20 g/t. The northeast striking vein is reported as 1,200m long with an average width of 0.9 meter5,6. Parallel laminated chalcedony boulders inferred to be sinter were noted in the drainages below the mine by Japan Gold geologists, indicating the mineralized system may not deeply eroded.

John Proust, Chairman and CEO of Japan Gold, commented, “We are pleased to acquire these new exploration projects in this world class gold-rich district of Japan. These new projects add significantly to our portfolio of high-quality exploration projects in productive and under-explored gold districts of Japan.”