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Japan Gold: Seven Additional Drill Holes Completed at Ryuo Prospect, Drilling Commenced at Kitano-o Prospect
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2022) - Japan Gold Corp. (TSXV: JG) ...
About this update from Japan Gold Corp
[{"type":"text","content":"Japan Gold: Seven Additional Drill Holes Completed at Ryuo Prospect, Drilling Commenced at Kitano-o ProspectVancouver, British Columbia--(Newsfile Corp. - August 2, 2022) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (\"Japan Gold\" or the \"Company\") is pleased to announce completion of an additional seven drill holes at the Ryuo prospect, and commencement of drilling at the Kitano-o prospect, both prospects are located within the 100% owned Ikutahara Project in Hokkaido, Japan.Seven additional drill holes were completed at Ryuo for a total of 2,888 m of diamond drill core between April and June this year. Drilling was positioned to step-out at approximate 50 m intervals from high-grade mineralization encountered in the 2021 drill program, and test continuity of mineralization along strike and to depth (Figure 1 & 2). Samples from the 7 drill holes have been submitted to the ALS laboratory in Vancouver for assay and results are expected to be released in September. For more information on the 2021 drilling results at the Ryuo prospect refer to the Company's news release dated 22nd February 2022.Drilling operations have now moved to the east side of the Kitano-o prospect where three 700 m deep drill holes are planned. Drilling will target below combined geochemical and geophysical anomalies to locate the deeper source of gold mined from the Kitano-o placer deposits. Surface programs previously completed on the eastern side of the Kitano-o prospect show elevated gold and pathfinder element geochemistry in soil and rock supported by CSAMT resistivity anomalies which lie proximal to the intersection of major gravity inferred graben-bounding and transfer faults (Figure 1). More than 96,000 ounces of gold were produced from the Kitano-o mine, prior to the government-imposed closure in 19431. Gold was mined along a 3 km long zone from clay-rich placer deposits located immediately below the Kitano-o sinter. 2022 Ikutahara Project Surface Exploration ProgramsSampling of extensions to soil grids completed in 2021 at the Ryuo and at Kitano-o prospect has also commenced (Figure 1). Extensions to the soil grid at Ryuo will aim to advance additional drill targets both parallel and along strike of the known prospect area. At East Kitano-o, open-ended gold and pathfinder element anomalies on the north side of the grid extend towards the fl...