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Japan Gold Commences Drilling at the Ryuo Mine Prospect
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2021) - Japan Gold Corp. (TSXV: JG) ...
About this update from Japan Gold Corp
[{"type":"text","content":"Japan Gold Commences Drilling at the Ryuo Mine ProspectVancouver, British Columbia--(Newsfile Corp. - May 26, 2021) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (\"Japan Gold\" or the \"Company\") is pleased to report the start of drilling at the Ryuo Mine prospect located within the Ikutahara Project in the Kitami Region of northeast Hokkaido, Japan. The Ikutahara Project is 100% held by Japan Gold and is not included in the Barrick Alliance.Highlights:An initial 3 drill holes will test targets below or adjacent to historical workings which have coincident CSAMT resistivity anomalies and gravity defined structures.5 areas of workings were developed along a 1 km long, open ended zone of alteration and mineralization prior to the government-imposed closure in 1943.Underground sampling carried out in the 1950's at the Jinja vein workings, revealed zones of high-grade gold mineralization including one vein sampled over a strike length of 72 m returning average grades of 40.8 g/t Au and 193 g/t Ag (average vein width approximately 0.5 m).An additional 8 drill pads have been permitted across the prospect to allow for further drill testing based on results of the first 3 drill holes.Historic Ryuo Mine:The Ryuo Mine operated before the Second World War and workings were developed on up to six levels on two veins, the Jinja and Shouei veins. A number of peripheral veins were also mined nearby. Workings on the main Jinja vein were developed over an approximate 75 m vertical extent before the government imposed mine closure in 1943.The Ryuo Drill program:The initial program of 3 drill holes totaling approximately 700 m, will target coincident CSAMT resistivity anomalies and gravity defined structures that lie below or adjacent to the Jinja, Shouei and Ryuei workings (refer to Figures 1 & 2). Hole 1 has commenced drilling and is targeting the down-dip extension of high-grade mineralization mined at the Jinja vein. An additional 8 drill pads have been permitted to allow scout drill testing of inferred strike extensions and CSAMT resistivity anomalies. The Company is mobilising two more drill rigs to the Ryuo Mine to speed up drilling. Japan Gold has a highly experienced team of in-house drillers and has engaged the support of qualified engineers from Japan's most gold experienced drilling company to ensure the best compliance and effici...