Business
Japan Gold Provides Drilling Update
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2019) - Japan Gold Corp. (TSXV: JG) ...
About this update from Japan Gold Corp
[{"type":"text","content":"Japan Gold Provides Drilling UpdateVancouver, British Columbia--(Newsfile Corp. - May 31, 2019) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (\"Japan Gold\" or the \"Company\") announces that mobilization and drill preparations are nearing completion at two priority gold targets. PermittingThe Japanese Ministry of Economy, Trade and Industry (\"METI\") is currently processing drill permits for the Ohra-Takamine Project on Kyushu and the Ikutahara Project on Hokkaido.The Ohra-Takamine Project drill program is on schedule to commence in June and will drill under and along strike of three historic mines in the central area of the Project. Permitting for this 2,100 metre, Phase 1 drill program is being finalized and the Company anticipates receiving the drill permit soon. The Ikutahara Project drill program, focused on the Kitano-o Prospect, is now expected to commence in July. Permitting for this 3,000 metre, Phase 1 drill program is near completion. Prior to METI issuing the drilling permit, consent is required from the regional forestry office and the Hokkaido government, these authorities are currently expediting granting of permits. The scale of the Company's drill program and required permitting are largely unprecedented in protected forest and have entailed comprehensive procedures.John Proust, Chairman and CEO, commented, \"The Company is well positioned to execute its drilling program in Hokkaido and Kyushu this summer. The extensive permitting process required for approval of drilling activity in protected forest has been a valuable experience for the Company and bodes well for future activities.\" Additional drill locations at both projects, are being permitted concurrently to allow for immediate follow-up drilling contingent on assay results from Phase 1. Permitting for 3,650 metres of drilling at the Ryuo Prospect in the Ikutahara Project, will also be progressed during the first half of 2019.OperationsFour drill rigs are in place to facilitate the Company's current exploration drilling plans. These drill rigs comprise two PMC400 and two PMC700 diamond core drill rigs with depth capabilities of 400 metres and 700 metres, in NQ core size, respectively. The compact nature of these drill rigs allows for rapid mobilization and set-up. The Company will operate the drill programs from its project exploration bases in Hokkaido...