- Japan Gold (JG) has revealed its exploration work in the Hokusatsu region of Japan
- The company has a total holding of 93,290 hectares of land or approximately 77 per cent of the total explorable ground within the region
- Japan Gold has conducted bulk leach extractable gold testing and rock chip sampling on eight of its properties in the region
- The company is also collecting geophysical data and gravity surveying on the properties
- Before the market opens, Japan Gold (JG) is trading at C$0.32 per share
Japan Gold (TSXV:JG) has revealed the extent of exploration work at its projects in the Hokusatsu region of Japan.
Located in the northern half of the southern Kyushu epithermal gold province, Japan Gold has applications and rights covenants across 93,290 hectares of ground. This amounts to approximately 77 per cent of the explorable land within the Hokusatsu region.
The company is commencing a regional work program that involves the collection of bulk leach extractable gold.
Rock chip sampling has also been completed on eight projects in the region thus far. A total of 426 bulk leach extractable gold samples and 379 rock chip samples have been collected and sent to laboratories in Vancouver and Perth for assaying.
The company is also collecting semi-detailed geophysical gravity data, which has commenced in southern Kyushu.
The company has already commenced geophysical data and will be looking to increase the detail of those maps to build out the regional structure data.
The company’s regional geochemical and gravity survey work will hope to define new areas of mineralization that are partially covered by volcanic cover and thus harder to map.
All of these properties are part of the Barrick Gold Alliance, a partnership with Barrick to kickstart gold exploration work in Japan. The Alliance hopes to generate cost-effective gold exploration across Japan.
Before the market opens, Japan Gold (JG) is trading at C$0.32 per share.