- Japan Gold (JG) has commenced drilling at the Saroma prospect, located in Hokkaido, Japan
- An initial four drill holes have been planned at the Saroma prospect to test a 1 km long section of the Saroma vein
- The company’s field observations at the Saroma prospect show vein structures up to 7 m wide discontinuously exposed along a 1.5 km long strike zone
- Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold exploration across Japan’s three largest islands
- Japan Gold Corp. (JG) is unchanged on the day, trading at C$0.25 per share at 1 pm ET
Japan Gold (JG) has commenced drilling at the Saroma prospect located in Hokkaido, Japan.
An initial four drill holes have been planned at the Saroma prospect to test a 1 km long section of the Saroma vein. Mapping around the shallow historical workings at Saroma has identified vein zones up to 7 m wide of fine-grained colloform-crustiform-ginguro banded quartz veins.
Drilling will target the deeper extensions of these shallowly mined ore shoots for higher-grade mineralization.
John Proust, Chairman and CEO, commented on the news.
“It is great to be drilling another new target from our vast portfolio of properties covering the most prospective epithermal regions of Japan. I am very encouraged by the results our exploration teams are delivering to identify further drill targets which may lead to future discoveries.”
Historical records show that the Saroma mine produced 13,189 tons of ore at an average grade of 9.7 g/t gold between 1933 and 1939.
The company’s field observations at the Saroma prospect show vein structures up to 7 m wide discontinuously exposed along a 1.5 km long strike zone.
Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold exploration across Japan’s three largest islands: Hokkaido, Honshu and Kyushu. Japan Gold holds a portfolio of 31 gold projects.
Japan Gold Corp. (JG) is unchanged on the day, trading at C$0.25 per share at 1 pm ET.
