Japan Gold Corp · TSXV:JG
Japan Gold — Investor Presentation (March 2025)
32 slides from Japan Gold's investor presentation, March 2025
Slide 1: Rediscovering Japan's Gold Resources
REDISCOVERING JAPAN’S GOLD RESOURCES Exploring for high grade epithermal gold deposits TSXV | JG OTCQB | JGLDF MARCH 2025
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain of the statements made and information contained herein is “forward-looking information” within the meaning of the British Columbia Securities Act. These statements relate to future events or the Company's future performance. All statements, other than statements o
Slide 3: Exploring for High Grade Gold Deposits in Japan
EXPLORING FOR HIGH GRADE GOLD DEPOSITS IN JAPAN Japan Gold is a Canadian publicly traded company focused on the exploration for high-grade gold deposits in Japan. Japan Gold’s technical capability and extensive portfolio of properties prospective for high-grade epithermal gold mineralization positio
Slide 4: Why Japan?
WHY JAPAN? • High Value Opportunity • High Grade Gold • Low Capital Cost • Strong Infrastructure • Safe Jurisdiction • Low Environmental Impact • Under Explored by Modern Methods TSXV | JG OTCQB | JGLDF 4 TSXV | JG OTCQB | JGLDF
Slide 5: Rich History of Gold Mining
RICH HISTORY OF GOLD MINING • 500 years of gold mining across the three • 1981: Discovery of +14Moz Hishikari Mine ore body main islands of Japan • 2012: Mining Act Changes • Pre-WWII: the five largest mines produced • 2016: Japan Gold secures extensive land position over 1M ounces of gold with the
Slide 6: Compelling Economics for Mine Development
COMPELLING ECONOMICS Toyo Smelter & Refinery in Japan FOR MINE DEVELOPMENT Japanese epithermal projects provide silica/flux for domestic smelters, offering compelling economic model Japanese base metal smelters Directly shipping silica-rich gold import raw materials to Japan ore to a smelter reduces
Slide 7: Why Japan Gold?
WHY JAPAN GOLD? • First Mover • World Class Team • Established Business • District Scale Portfolio • Permitting Expertise • In-House Drilling Capabilities TSXV | JG OTCQB | JGLDF 7 TSXV | JG OTCQB | JGLDF
Slide 8: Proven Management and Board of Directors
PROVEN MANAGEMENT AND BOARD OF DIRECTORS MANAGEMENT CEO President & COO GM VP Corp CFO Chairman Discovery Lead Director Administration Communications Fraser John Proust MacCorquodale Vince Boon Takashi Kuriyama Yoshio Nojima Alexia Helgason Founder, 35+ years 35+ years Au/ Cu CPA, CA 15+ years 40 ye
Slide 9: Share Structure
SHARE STRUCTURE OWNERSHIP 278,854,217 Shares Issued & Outstanding 14,210,000 INSTITUTIONS & FUNDS 63% Options PUBLIC (average weighted price C$0.29) 26% FLOAT NEWMONT 8% 13,961,682 MANAGEMENT 3% Restricted Share Units & INSIDERS 307,025,899 Fully Diluted Shares Outstanding Royalty Sale Barrick Allia
Slide 10: Non-Dilutive Funding: Osisko Gold Royalties, Barrick Alliance
NON-DILUTIVE FUNDING OSISKO GOLD ROYALTIES BARRICK ALLIANCE Royalty Sale Terms Target Projects with Potential US$5M FOR 1.5% NET SMELTER RETURN ROYALTY for Tier 1 or Tier 2 Discovery Selected property portfolio in Japan FULLY FUNDED EXPLORATION Barrick Alliance advancing 3 priority projects FURTHER
Slide 11: Exploration Model - Japan Gold
EXPLORATION MODEL - JAPAN GOLD Target Approach Redefined Portfolio High Grade Epithermal Deposits Deeper Exploration Focused Pipeline • Target Size: +1Moz Au @ 7g/t • Searching for new mineralized • Resources concentrated on smaller structures within the shadow high potential project pipeline • High
Slide 12: Japan Gold Discovery Approach
JAPAN GOLD DISCOVERY APPROACH Japan Gold – Project Generator • Large land package within the key gold districts • Portfolio of high-quality projects • Accelerating projects to drill stage targets • Seeking partners to advance drill prospects Partner Funded Exploration • Barrick Alliance established
Slide 13: 2025 Active Exploration Drilling Underway
2025 ACTIVE EXPLORATION Hokkaido DRILLING UNDERWAY TOGI Sado Mine Barrick 2.5Moz Au Konomai Mine 2.35Moz Au Alliance 1601-1989 1915-1973 HAKURYU Barrick Taio Mine Alliance 1.2Moz Au 1903-1973 Hishikari Mine 9.4 Moz Au 1985-present Honshu Kushikino EBINO Mine 1.8 Moz Barrick 1914-1974 Alliance Kyushu
Slide 14: Unlocking District Scale Exploration Potential in Kyushu
Unlocking District Scale Exploration Potential in Kyushu 14 TSXV | JG OTCQB | JGLDF
Slide 15: Unlocking District Scale Exploration on 100% Held Projects in Kyushu
UNLOCKING DISTRICT SCALE EXPLORATION ON 100% HELD PROJECTS IN KYUSHU Hokusatsu Region • Japan’s premier epithermal district • Hishikari Mine - one of the world’s highest gold grade mines > +14Moz Au ore body ➢ Focused on advancing best drill targets to discovery ➢ Rapidly advancing early-stage prosp
Slide 16: Exploration Strategy Hokusatsu District
EXPLORATION STRATEGY HOKUSATSU DISTRICT Japan’s premier epithermal gold province Hishikari - + 14Moz Au – largely a blind deposit Yamagano – 0.9Moz Au Kushikino – 1.8Moz Au New search space, targeting for hidden and buried epithermal vein systems Targets include: • Mizobe • Ebino • Tobaru-Fuke, Gumy
Slide 17: Emerging Undercover Target Mizobe District
EMERGING UNDERCOVER TARGET MIZOBE DISTRICT High level Epithermal Alteration • The Mizobe District contains several targets including: • Mizobe East • Mizobe West • OT Small scale Epithermal veins • Mizobe East is the priority target - initial drilling has confirmed the presence of broad zones of Au
Slide 18: Mizobe - Emerging Undercover Target
MIZOBE -EMERGING UNDERCOVER TARGET • Seven wide space drill holes intersected mineralization, best results o MZDD24 -003 – 144m @ 0.7g/t Au including 10m@ 4.3g/t Au o MZDD23 – 004 - 12m @ 1g/t Au • Highly anomalous As – Sb associated with gold mineralization JGKK: Significant Intercepts • Drilling h
Slide 19: Mizobe – Proof of Concept
MIZOBE – PROOF OF CONCEPT A 19 Next phase of drilling to test 100 – 200m below identified mineralization TSXV | JG OTCQB | JGLDF
Slide 20: NW Trending Alteration Corridor Tobaru–Ebino
NW TRENDING ALTERATION CORRIDOR TOBARU– EBINO • 4 zones of epithermal related clay alteration situated on a major northwest trending gravity gradient. Limited historic drilling– early-stage targets • Highly prospective corridor as the higher-grade veins systems at Hishikari, Okuchi and Fuke sit outb
Slide 21: Barrick Alliance Southern Kyushu: Ebino
BARRICK ALLIANCE SOUTHERN KYUSHU: EBINO 21 TSXV | JG OTCQB | JGLDF
Slide 22: Barrick Alliance Southern Kyushu: Ebino
BARRICK ALLIANCE SOUTHERN KYUSHU: EBINO Located immediately to the north of the Hishikari Gold Mine 3 Priority Targets: High-level epithermal alteration zones, potential for high-grade veins • Otsuka • KZ • Masaki Next phase of exploration: • Drill program - spring 2025 22 TSXV | JG OTCQB | JGLDF
Slide 23: Middle Kyushu
MIDDLE KYUSHU Middle Kyushu Bajo 23 TSXV | JG OTCQB | JGLDF
Slide 24: Japan Gold Middle Kyushu: Bajo
Outcropping JAPAN GOLD MIDDLE KYUSHU: granite(Basement) BAJO Kifune Target: Bajo Mine West Bajo 420 Koz Au Veins Centred on the Bajo Mine District Hinoji Ohtaka E which produced 421Koz Au, with Ohtaka S Fujiyama 317Koz Au @ 125.9g/t Au and 557g/t D Kunitoku Ag derived from a single vein Hinode Mizuh
Slide 25: Barrick Alliance Hokkaido: Hakuryu
BARRICK ALLIANCE HOKKAIDO: HAKURYU 25 TSXV | JG OTCQB | JGLDF
Slide 26: Barrick Alliance Hokkaido: Hakuryu
BARRICK ALLIANCE HOKKAIDO: HAKURYU Located at the southern end of the Konomai Epithermal Au – Ag Mine corridor which produced 2.35Moz Au Priority Targets: • Hakuryu No. 3 Workings/Kokuryu ✓ Drilling permitting completed ✓ Drone magnetic survey confirmed Hakuryu #3 vein sits within a 5 km long struct
Slide 27: Barrick Alliance Honshu: Togi
BARRICK ALLIANCE HONSHU: TOGI 27 TSXV | JG OTCQB | JGLDF
Slide 28: Barrick Alliance Honshu: Togi
BARRICK ALLIANCE HONSHU: TOGI Located on the Noto Peninsula, Honshu Island, centred on the historic Togi Mine Priority Target: • Akasaka target • Initial drilling completed 2 drill holes to 1,000 meters • Confirmed well-preserved gold bearing system below shallow cover, extending 1 km from known wor
Slide 29: TSXV | JG OTCQB | JGLDF
29 Credit: The Rock Report TSXV | JG OTCQB | JGLDF
Slide 30: 2025 Forward Program
2025 FORWARD PROGRAM Japan Gold 1. Mizobe Area • Next phase of drilling 2. Tobaru Project • Target generation work 3. Hokusatsu District • Target generation work Barrick Alliance • Drill testing targets within 2 priority projects 30 TSXV | JG OTCQB | JGLDF
Slide 31: Why Invest in Japan Gold?
WHY INVEST IN JAPAN GOLD? Unique exploration opportunity to unlock high grade epithermal gold deposits Low geopolitical risk New search space Management team with stable mining with focused with a proven track regulatory regime and approach to record of government support discoveries discoveries Ric
Slide 32: Follow Us On: @JapanGold
Corporate Office Suite 650 - 669 Howe Street Vancouver, BC V6C 0B4 Canada Phone: +1 (778) 725-1491 Alexia Helgason VP Corporate Communication Email: ahelgason@japangold.com Tokyo Office ARK Hills Executive Tower, Suite 801 1-14-5 Akasaka, Minato-ku Tokyo, Japan 32 32 TSXV | JG OTCQB | JGLDF 32 FOLLO