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Japan Gold Corp.
Summary
| Project: | Ikutahara | |
|---|---|---|
| Deposit: | Kitano-o | |
| Location: | Japan | |
| Commodities: | Gold | |
| Date: | 2/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-2-2020: Japan Gold Corp. announces an Exploration/Drilling Update report for its Kitano-o deposit at the Ikutahara project. Drilling results incl. 3.27m @ 1.1g/t Au, 1.2g/t Ag from 85.83m. Vancouver, British Columbia, February 19, 2020 – Japan Gold Cor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mike Andrews (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, February 19, 2020 – Japan Gold Corp. (the “Company”) (TSXV:JG) (OTCQB: JGLDF) announces results for the 2019 exploration program at the Kitano-o Gold Prospect (“Kitano Prospect”), including assays from six Phase 1 scout diamond drill holes, a controlled source audio-frequency magnetotellurics (CSAMT) geophysical survey, a detailed ground-gravity survey and extensive surface sampling (also see Company news release 7/29/2019). The Kitano-o Prospect, which includes the Kitano Mine, is located within a 7 by 4 kilometre gold district which hosts seven additional gold prospects (Figure 1). The Kitano-o Mine produced more than 96,000 ounces of gold at an average grade of 5.9 g/t Au1 primarily from shallow open-pits along a 3 kilometre alteration corridor, prior to the government-imposed closure in 1943. The surface geochemistry (Table 1), CSAMT and gravity geophysics collected over the Kitano-o Prospect, along with the Phase 1 drill hole data (Table 2), have refined Japan Gold’s understanding of the geology of the Kitano-o hydrothermal system and give strong vectors to the eastern side of the prospect. | |
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