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Gold & silver

Japan Gold finds 'significant' gold mineralization width at Barrick Alliance Mizobe project in Japan

Japan Gold (TSX-V:JG) Corp has announced the results of its initial framework drilling program at the Barrick Alliance Mizobe project in Southern Kyushu, Japan.

Three initial, widely spaced framework drill holes encountered wide and locally high-grade intervals in the initial, broad-spaced program, the company said. Highlights include 10 meters at 4.3 grams per ton gold and 6.6 g/t silver in hole MZDD23-003 and 6.1 m at 1.4 g/t gold and 7.5 g/t silver in hole MZDD23-002.

Full results can be found here.

The gold mineralization includes both vein and breccia-hosted styles, and the significant width indicates the potential of a gold-bearing hydrothermal system.

Looking ahead, the next steps at Mizobe will include step-out drilling to further extend, and define the geometry of the wide mineralized intervals, the company said. Additional drilling will be scheduled at Mizobe around geophysical work programs already in progress on the high-priority Aibetsu and Togi Alliance projects in Hokkaido and Honshu.

The Mizobe project is located within the Hokusatsu Region of Southern Kyushu, Japan's largest gold-producing district. The area has produced more than 11 million ounces of combined production from low-sulphidation epithermal deposits.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel

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