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Gold & silver

Japan Gold completes seven more drill holes at its Ryuo prospect; kicks off drilling at Kitano-o in Japan

The mineral exploration company said drilling at Ryuo was positioned to step-out at about 50 metre intervals from high-grade mineralization encountered in the 2021 drill program, and test continuity of mineralization along strike and to dep

Japan Gold (TSX-V:JG) Corp has announced the completion of an additional seven drill holes at its Ryuo prospect, for a total of 2,888 metres (m) between April and June this year, and has begun drilling at its Kitano-o prospect, both located within the company’s 100%-owned Ikutahara project in Hokkaido, Japan.

The mineral exploration firm said drilling at Ryuo was positioned to step-out at about 50m intervals from high-grade mineralization encountered in the 2021 drill program, and test continuity of mineralization along strike and to depth.

The company noted that assay results are expected to be released in September 2022.

READ: Japan Gold expands Barrick alliance with new interests in Aibetsu district, home to numerous prospective gold anomalies in Hokkaido

Japan Gold also reported that drilling operations have now moved to the east side of the Kitano-o prospect where three 700m deep drill holes are planned following previously-completed surface programs that have shown elevated gold.

It added that drilling will target below combined geochemical and geophysical anomalies to locate the deeper source of gold mined from the Kitano-o placer deposits.

Sampling of extensions to soil grids completed in 2021 at the Ryuo and Kitano-o prospects has also begun, with extensions to the soil grid at Ryuo aiming to advance additional drill targets both parallel and along strike of the known prospect area, according to the company.

Japan Gold is a Canadian mineral exploration company focused solely on gold exploration across the three largest islands of Japan: Hokkaido, Honshu and Kyushu. The company has a country-wide alliance with Barrick Gold to jointly explore, develop and mine certain gold mineral properties and mining projects.

Contact Sean at sean@proactiveinvestors.com

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