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Japan Gold Expands its Ikutahara Gold Project in North Hokkaido
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2019) - Japan Gold Corp. (TSXV: JG) (...
About this update from Japan Gold Corp
[{"type":"text","content":"Japan Gold Expands its Ikutahara Gold Project in North HokkaidoVancouver, British Columbia--(Newsfile Corp. - July 11, 2019) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (\"Japan Gold\" or the \"Company\") is pleased to announce expansion of its Ikutahara Project in northern Hokkaido with the acceptance of four additional prospecting rights applications by the Japanese Ministry of Energy, Trade and Industry (\"METI\"). The four new accepted applications, totalling 1,399 hectares, extend the northern boundary of the Ikutahara Project proximal to historic workings at the Toge Hill, Asada Ridge, and Akebono prospects (see figure 1). The newly accepted blocks cover potential extensions to the Toge an Asada prospect within prospective Miocene aged host rocks at the northern end of the Kitano-o Gold District. The Kitano-o District includes four historic eluvial and hard rock gold mines and workings over an approximate 6 kilometre by 3 kilometre area. John Proust, Chairman and CEO commented, \"The discovery of the Toge and Asada prospects has significantly expanded the Kitano-o Gold District mineralisation further to the north. The acceptance of the four new prospecting rights applications gives us confidence that we have covered all prospective ground in the area\".Ikutahara Project: Toge Hill and Asada Ridge ProspectsIn 2018, following up on earlier reconnaissance sampling, two new areas of significant quartz veining were identified at the Toge Hill and Asada Ridge prospects, further extending the Kitano-o Gold District to the north. Mapping revealed undocumented historic trenching, pitting and workings on low-temperature / high-level textured epithermal quartz veins hosted in Miocene volcanics. Intermittent exposures of the Toge veins have been mapped over a 2-kilometer long, east-northeast trending series of ridges with individual veins up to 3 meters wide. Several hundred meters north of Toge, the Asada vein has been mapped for 400 meters along a northeast trending ridge. Both vein zones exhibit gold anomalism with a peak value of 15 g/t gold from a rock-float sample collected below the vein subcrops. Pathfinder elements including silver, arsenic and antimony are anomalous and support the shallow level of exposure of the veins, and the potential for higher-grade gold zones to develop at depth. A combination of local high-grade gol...