Japan Gold Corp. is pleased to announce that it has closed an upsized C$17 million non-brokered private placement of 48,571,429 shares of the Company at a price of C$0.35 per Share. The Private Placement was significantly over-subscribed. The net proceeds of the Private Placement will be used for drill programs, drill targeting and advanced exploration at the Company's two wholly-owned projects, Ikutahara and [...]
Japan Gold Corp. announces a non-brokered private placement of 42,857,143 common shares of the Company at a price of C$0.35 per Share for gross proceeds of C$15,000,000. Proceeds of the Private Placement will be used for drill programs, drill targeting and advanced exploration at the Company's Ikutahara and Ohra-Takamine wholly-owned projects and for general working capital purposes. The Shares will be subject to a hold [...]
Japan Gold Corp. is pleased to report the start of drilling at the Ryuo Mine prospect located within the Ikutahara Project in the Kitami Region of northeast Hokkaido, Japan. The Ikutahara Project is 100% held by Japan Gold and is not included in the Barrick Alliance. Highlights: An initial 3 drill holes will test targets below or adjacent to historical workings which have coincident CSAMT resistivity anomalies and gravity [...]
Japan Gold Corp. is pleased to provide a progress report on the Barrick Alliance regional explorations activities. Highlights: 53 New Prospecting Rights Applications Accepted in Q1 2021 29 Barrick Alliance Projects Now Cover 1,882 Square Kilometres On the 26th of January, the Company announced acceptance by Japanese Ministry of Economy, Trade and Industry of 18 new prospecting rights applications covering prospective [...]
Japan Gold Corp. is pleased to announce high-grade gold assays from surface sampling at its Barrick Alliance, Togi Project, on the Noto Peninsula of Honshu Island . Togi Project Result Highlights: 412 rock samples were collected from outcrop, float, and mine waste dumps: 235 samples assayed gold greater than 0.5 g/t Au, with 91 assaying greater than 5 g/t Au : including 64 samples assaying 5 g/t Au - 20 g/t Au including [...]
Japan Gold Corp. is pleased to announce the results of the three scout drill holes completed at its Ohra-Takamine Project in southern Kyushu. Drilling encountered narrow high-grade gold vein intercepts below the Urushi Mine, and multiple gold-anomalous sheeted quartz vein zones below the Ohra Mine workings. Ohra-Takamine Central Mine Corridor Scout Drill Program Three scout holes were drilled ) along the central 3.5 [...]
Japan Gold Corp. is pleased to announce approval by the Barrick Alliance of a USD $4 million dollar budget, solely funded by Barrick Gold Corp., to complete the proposed 2021 regional exploration work programs. The approved 2021 budget and work programs will complete the 2-year Initial Evaluation Phase regional exploration over the expanded 29 project portfolio covering 1,889 square kilometers, with Japan Gold acting as [...]
-Japan Gold Corp. is pleased to announce the acceptance of new prospecting rights applications covering extensions to the Sanru Project by the Japanese Ministry of Economy, Trade and Industry . The new applications total 9,571.7 hectares and cover prospective areas north and south of the Sanru Mine, on the west side of the Sanru Project, . Highlights: The Barrick Alliance has identified banded quartz vein floats and [...]
Japan Gold Corp. is pleased to announce acceptance by the Japanese Ministry of Economy, Trade and Industry of 18 new prospecting rights applications covering extensions to the Barrick Alliance, Mizobe and Onoyama-Yamagano Projects in the Hokusatsu Region of the Southern Kyushu Epithermal Gold Province. Highlights: The Hokusatsu Region of Southern Kyushu is Japan's largest gold producing area with low-sulphidation [...]
Japan Gold Corp. is pleased to provide a progress report on the Barrick Alliance activities. The current status of evaluation of the Barrick Alliance Projects is summarized in the Barrick Alliance Progress Snapshot, at the end of this news release. Highlights: On December 2nd the Company announced the acquisition of three mining rights collectively called the Kowa Project and now included into the Barrick Alliance [...]
Japan Gold Corp. is pleased to announce it has signed a Joint Venture agreement with Koatsu Kogyo Corporation for three mining rights licenses, which adjoin the Company's Ohra-Takamine Project, and the Barrick Alliance Mizobe-Onoyama Project in Southern Kyushu. The three Mining Rights collectively called the Kowa Project comprise 389 hectares and will be included into the Barrick Alliance. The Mining Rights host numerous [...]
Japan Gold Corp. is pleased to report completion of its first drill hole at the Urushi Mine and commencement of the second drill hole at the Ohra Mine, at the Ohra-Takamine Project in the Southern Kyushu Epithermal Gold Province, Japan. Highlights: The first drill hole, OTD20-001 was drilled beneath the Urushi Mine workings and completed on November 10th at a depth of 602.0 meters Difficult drilling conditions, including [...]
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