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Japan Gold Acquires New Project in the Middle Kyushu Epithermal Gold Province
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Japan Gold Corp.   (TSXV: ...
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[{"type":"text","content":"Japan Gold Acquires New Project in the Middle Kyushu Epithermal Gold ProvinceVancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Japan Gold Corp.  (TSXV: JG) (OTCQB: JGLDF) (\"Japan Gold\" or the \"Company\") is pleased to announce acceptance by the Japanese Ministry of Economy, Trade and Industry (\"METI\") of 22 new prospecting rights applications comprising the North Taio Project. The Project covers an extensive 7,009 hectares of prospective ground located immediately along strike of the Taio Mine, Middle Kyushu's largest gold deposit, Figure 1.  Figure 1: Middle Kyushu Epithermal-Gold Province, Historical mines, tectonic features and Japan Gold Projects To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5665/176587_b83e8473045b2ab6_001full.jpgThe Middle Kyushu Epithermal Gold ProvinceThe Middle Kyushu Epithermal Gold Province hosts three significant gold mines, the Taio, Bajo and the Hoshino group of mines, along with numerous other smaller historical workings and mineral showings, (see Figure 1). The Taio Mine, the province's largest gold mine, produced 1.2 million ounces of gold at an average grade of 6.3 grams per tonne prior to its closure in 1966. The Bajo Mine produced more than 420,000 ounces of gold, the bulk of which came from one main vein which reported average grades greater than 125 grams per tonne1, 2. The Bajo Mine and surrounding prospective ground is also covered by the Company's prospecting rights, an additional 130,000 ounces of gold were mined from the Hoshino group of mines located northwest of Taio. The North Taio Project Located immediately along strike of the Taio Mine, the North Taio Project area covers a group of historical workings including Umeno, Tono-o, and Mikura as well as a large 4-kilometre by 3-kilometre area of gold and pathfinder element anomalous clay alteration. The project area comprises Miocene to Pliocene aged andesitic and felsic volcanics overlying a Cretaceous metasediment and granite basement. During the early 1990's, as part of their re-assessment of the major epithermal gold provinces of Japan, the Metal Mining Agency of Japan (\"MMAJ\"), completed staged exploration programs across the North Taio alteration zone. This work included reconnaissance mapping, broadly spaced soil geochemical sampling lines and...