Business
Japan Gold/Barrick Alliance Commences Large Regional Program
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) -   Japan Gold Corp.  (...
About this update from Japan Gold Corp
[{"type":"text","content":"Japan Gold/Barrick Alliance Commences Large Regional ProgramVancouver, British Columbia--(Newsfile Corp. - May 19, 2020) -  Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) (the \"Company\") announced on February 24, 2020 the formation of a Country-wide Alliance with Barrick Gold Corporation (\"Barrick\") (TSX:ABX) (NYSE:GOLD) (the \"Barrick Alliance\") to jointly explore, develop and mine certain gold mineral properties and mining projects in Japan, covering the entire country, including 28 out of 30 projects currently held by the Company (the \"Barrick Alliance Projects\").The Barrick Alliance has formed two committees to lead the country-wide evaluation. The Executive Committee will be chaired by Robert Krcmarov, Barrick Executive Vice President, Exploration and Growth, and includes Barrick representatives Woo Lee, Senior Vice President, Head of Corporate Affairs, Asia-Pacific and Joe Holliday, SVP Global Exploration with Japan Gold representatives John Proust, Chairman and CEO and Mitsuhiko Yamada, Director. The Technical Committee includes Barrick representatives Joe Holliday, Marian Moroney, Barrick Vice-President, New Exploration Opportunities and Andrew Allibone, Barrick Technical Consultant with Japan Gold representatives Andrew Rowe, Vice President Exploration, Japan Country Manager, Takashi Kuryiama, General Manager, Exploration, and Paul Harbidge, member of the Board of Advisors.Japan Gold is pleased to announce the commencement of a large Barrick Alliance regional exploration program. The regional program will include sampling of stream sediments for bulk leach extractable gold (\"BLEG\"), and multi-element pathfinder analysis along with gravity surveys over the 1,521 square kilometers covered by the Barrick Alliance Projects on the islands of Kyushu, Honshu and Hokkaido. The program will progress from the south to the north of Japan and is anticipated to be completed within one year with Japan Gold acting as the Operator.John Proust, Chairman and CEO commented, \"The regional exploration program will assist the Barrick Alliance in evaluating the Japan Gold portfolio of projects to determine areas with anomalous gold showings and potentially fertile large structures. This will enable focused exploration on highest priority areas to generate drilling targets. We are very pleased to be able to commence this import...