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Gold & silver

Japan Gold kicks off drilling at Barrick Alliance Mizobe Project in southern Kyushu

Japan Gold (TSX-V:JG) Corp has announced the start of drilling at the Barrick Alliance Mizobe Project in southern Kyushu, Japan, which is one of six projects selected by Barrick to advance to the second evaluation phase under the Strategic Alliance Agreement.

The Japan-focused Canadian mineral exploration company said an initial reconnaissance phase of three widely spaced, 500 metre (m) deep drill holes are planned at Mizobe, targeting the concealed extensions of gold-bearing antimony-rich hydrothermal breccias for gold-rich feeder-veins.

The Mizobe Project lies within the Hokusatsu Region of southern Kyushu, Japan's largest gold-producing district with more than 11 million ounces of combined production from low-sulphidation epithermal deposits, according to the company.

READ: Japan Gold reveals positive update on 4Q work programs at Ryuo prospect in Japan

Japan Gold (TSX-V:JG) noted that historical drilling at Mizobe intersected a mineralized interval of 43.35m of 0.89 grams per tonne (g/t) gold, as well as 20.3m of 1.16 g/t gold from 307m down-hole.

Japan Gold (TSX-V:JG) 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

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