Japan Gold (TSX-V:JG) has announced additional results from work programs completed in the fourth quarter of 2022 over the Ryuo prospect within the Ikutaharaproject at Hokkaido in Japan, saying analytical results from the recently-completed soil survey at Ryuo have identified three significant new gold and pathfinder element anomalies.
The anomalies are up to one kilometre in length, which remain open ended, and may represent shallowly concealed mineralization below late-mineral cover, according to a release.
The Canadian mineral exploration company noted the completion of the soil grid was the next stage in expanding the prospect and developing a pipeline of new targets for advancement to drilling during 2023.
READ: Japan Gold sees strong gold and pathfinder elements in soil results from the Kitano-o gold district; defines new targets
It added that gravity defined structures, Controlled-source Audio-frequency Magnetotellurics (CSAMT), geological mapping and drill core have provided a structural foundation supporting the new soil results and will further support advancement and drill targeting of the newly-defined anomalies.
The work programs included two drill holes completed in December, mapping of prospect extensions, and completion of an extensive soil geochemical survey covering 1,300 hectares over the prospect area and potential mineralized extensions, according to the company.
As well, Japan Gold (TSX-V:JG) said important insights were gained from drilling completed at Ryuo to date, including the identification of a high-grade gold event across the prospect and presence of wide high-grade mineralized vein structures.
Furthermore, the company stated that going forward an important priority will be the review of structural data from drill core towards understanding potential off-sets of vein extensions caused by faulting.
Japan Gold (TSX-V:JG) also noted once the winter snow has melted, ground checking of the three new soil anomalies will be prioritized to support expansion of the soil grids to cover open-ended anomalous zones.
The timing of additional drilling at Ryuo will be pending on outcomes of structural interpretations and ranking of results against other programs that will be running in parallel during 2023 on the Kitano-o district and Saroma prospects, the company said.
Japan Gold is focused solely on gold exploration across the three largest islands of Japan: Hokkaido, Honshu, and Kyushu. It holds a portfolio of 32 gold projects which cover areas with known gold occurrences, a history of mining and are prospective for high-grade epithermal gold mineralization.
Contact Sean at sean@proactiveinvestors.com