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Japan Gold Provides Exploration Update on its Barrick Alliance Gold Projects in Kyushu
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2020) -   Japan Gold Corp (TSXV...
About this update from Japan Gold Corp
[{"type":"text","content":"Japan Gold Provides Exploration Update on its Barrick Alliance Gold Projects in KyushuVancouver, British Columbia--(Newsfile Corp. - July 8, 2020) -  Japan Gold Corp (TSXV: JG) (OTCQB: JGLDF) (\"Japan Gold\" or \"the Company\") is pleased to provide a progress report on its activities on its Barrick Alliance projects within the Hokusatsu Region of the Southern Kyushu Epithermal Gold Province. Highlights:The Hokusatsu Region, covering the northern half of Southern Kyushu Epithermal Gold Province is Japans' largest gold producing region with recorded production of over 11 million ouncesJapan Gold has applications and prospecting rights covering 93,290 hectares or approximately 77% of prospective and explorable ground within the regionThe Barrick Alliance has completed BLEG and rock chip sampling over 8 of the 14 southern Kyushu projects, covering a 32,768-hectare area (328 square kilometers)The Barrick Alliance has commenced regional scale geophysical-gravity surveysHokusatsu Region, Southern Kyushu Epithermal Gold ProvinceThe Hokusatsu Region lies within the northern half of the Southern Kyushu Epithermal Gold Province and covers an area of approximately 120,000 hectares. The Hokusatsu Region is Japans' largest gold producer with low-sulphidation epithermal deposits recording a combined production of over 11 million ounces1,2,3,4. Within the Hokusatsu Region the Company currently has applications and prospecting rights covering 93,290 hectares or approximately 77% of prospective, explorable ground (Figure 1). Gold mineralization in the Hokusatsu Region is localised along an 80-kilometer long, arcuate, northeast to northerly trending volcanic front west of the Kagoshima graben, and bound by the Kushikino mine in the west and the Fuke mine in the north (Figure 1). Low-sulphidation epithermal deposits in the region are characterised by several distinct geophysical features which include Bouguer gravity highs and gradients, subdued magnetics and elevated potassium radiometric counts1 (Figure 2). The Company has utilised these key features in combination with suitable aged host rock geology to identify and acquire its highly prospective project portfolio in southern Kyushu. Exploration UpdateThe Barrick Alliance with Japan Gold was formed on February 28, 2020. As part of the fully funded evaluation of 28 projects, regional work p...