Japan Gold Corp · TSXV:JG
Japan Gold — Investor Presentation (May 2023)
41 slides from Japan Gold's investor presentation, May 17, 2023
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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: Japan: A Rich History of Gold Mining
Japan: A Rich History of Gold Mining • Gold mining for over 500 years across the 3 main islands of Japan • 5 largest mines each produced over 1 million ounces of gold with the largest having produced over 2.5 million ounces, mostly prior to WWII • Government imposed closure of gold mines in WWII • P
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Slide 5: Japan Gold: Pillars of Value
Japan Gold: 3 Pillars of Value 1. Barrick Gold Corp. countrywide Strategic Alliance 2. Six high priority projects independently held by Japan Gold • Newmont has a joint venture right of first refusal on 2 of the 6 projects and has provided significant technical support 3. Further optionality from th
Slide 6: Barrick Gold Corp. Strategic Alliance
Barrick Gold Corp. Strategic Alliance Barrick is solely funding projects they select through the completion of bankable feasibility in order to earn a 75% interest with Japan Gold retaining a 25% interest . Barrick has spent US$9.2 million funding the Barrick Alliance activities to date. Barrick req
Slide 7: 2023 Barrick Alliance Work Programs
2023 Barrick Alliance Work Programs Barrick is currently advancing 6 projects through the Second Evaluation Phase Barrick will be continuing their Initial Evaluation Phase on 2 projects and 3 extensions • Aibetsu Project and Tenryu Project • Aibetsu East Ext. and Tenryu Ext. Hokkaido • Hakuryu Proje
Slide 8: 2023 Barrick Alliance Work Programs
2023 Barrick Alliance Work Programs Barrick has committed US$3.5 million to fund exploration activities in 2023 Second Project Evaluation Phase: • Aibetsu and Tenryu IP survey 5 km by 5 km priority area, drilling on success. • Hakuryu IP survey for drill targeting, drilling on success. • Togi Advanc
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Slide 10: Japan Gold Independently Advancing Six Priority Projects in 2023
Japan Gold Independently Advancing Six Priority Projects in 2023 • Following a prospectivity assessment of the Japan Gold project portfolio, which included the review of historical data compilations and new data generated by Japan Gold and the Barrick Alliance, Priority Projects were identified, and
Slide 11: Priority Projects
Priority Projects 1 Ikutahara / Kanehana 1. • Host to the Kitano-o placer mine (96,000 ounces produced) and numerous other well preserved and 1 under-explored vein prospects. Kanehana (adjacent to Ikutahara project) contains interpreted strike extensions 2 to Ikutahara prospects, and stand-alone pro
Slide 12: 1. Ikutahara / Kanehana
1. Ikutahara / Kanehana • Significant work completed with robust gold results and clear delineation of large mineralised districts: • Ryuo Prospect (3 km) • Kitano-o Prospect (4 km) • Saroma-Jomon Corridor (+8 km) 2023 Program • Refine drill targets on vein strike extensions and parallel vein zones
Slide 13: 2. Buho
2. Buho • Defined drill targets based on historical drilling and geophysics • Historical drilling intersected 3.5m @ 21.8g/t gold • New areas: demonstrate additional sub-parallel vein zones interpreted from geochemistry 2023 Program • Define additional drill targets in new areas (field mapping, soil
Slide 14: 3. Bajo
3. Bajo • Bajo East historical production of 420,000 oz gold (majority from 1 vein) • Bajo West contains 3 km corridor of undrilled veins (shallow level) • Drill targets are veins located in Bajo West at contact with underlying basement rocks 2023 Program (Bajo West) • Refine position of drill holes
Slide 15: 4. Ohra-Takamine / Kowa
4. Ohra-Takamine / Kowa • Comprehensive company data set over the main (3.5 km) mineralized corridor containing multiple veins and extensive alteration (detailed mapping, soil samples, prospect scale gravity and CSAMT geophysics) • 3D modelling and integration undertaken to develop drill targets. 20
Slide 16: Optionality Projects
Optionality Projects Past Gold Production 8 highly ranked Pipeline Projects will be progressed with surface mapping and geophysical surveys to advance the prospect Hokkaido development pipeline, for drilling in 2024. Prospect delineation will proceed on 12 early-stage projects. Konomai (2.3 Moz) Chi
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Slide 18: Experienced Leadership Team
Experienced Leadership Team Board of Directors John Proust C.Dir. Ian Burney Michael Carrick Takashi Kuriyama, Paul Harbidge Tanneke Heersche Murray Flanigan Chairman & CEO BA, MA (Int’l Relations) B.Com; B.Acc; CA (SA); ACA B.Eng. BSc, MSc BSc, BA, LLP CPA, CA, CFA Independent Director Independent
Slide 19: Experienced Leadership Team
Experienced Leadership Team Executive Team John Proust, Andrew Rowe, Yoshio Nojima, Takashi Kuriyama, Dr. Kotaro Ohga, Vince Boon, CPA, CA Dr. Tim Sharp, BSc, LLB, MBA B.Eng. PhD MSc, PhD Chief Geologist Chairman & CEO BSc, FAusIMM, FSEG Chief Financial Officer General Manager, General Manager, Chie
Slide 20: Experienced Leadership Team
Experienced Leadership Team Board of Advisors Dr. Steve Garwin, Mitsuhiko Yamada Toru Tokuhisa John Carlile Robert Gallagher BSc, MSc, PhD, FAusIMM, FAIG, FSEG BA (Int’l Economics) BA BSc, MSc, FAusIMM BApSc Advisor Senior Advisor Advisor Advisor Advisor Dr. Steve Garwin has over 29 Mr. Yamada is a
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Slide 22: First Mover Advantage Following 2012 Changes in Japan Mining Act
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Slide 24: APPENDIX
APPENDIX TSXV: JG | OTCQB: JGLDF 24
Slide 25: Exploration Projects
34 Exploration Projects • 34 projects include areas with known gold occurrences and a history of mining, and are prospective for high-grade epithermal gold mineralization • Over 40 historic epithermal gold mines and workings located in the 37 projects • Following a comprehensive 2 1/2-year review of
Slide 26: Northeast Hokkaido Projects
Northeast Hokkaido Projects Barrick Alliance Second Evaluation Phase: • Aibetsu • Tenru • Hakuryu Barrick Alliance Inital Evaluation Phase: • Aibetsu East Extension • Kamimuri Project TSXV: JG | OTCQB: JGLDF 26
Slide 27: Southwest Hokkaido Projects
Southwest Hokkaido Projects Barrick Alliance Inital Evaluation Phase: • Nakanosawa Project TSXV: JG | OTCQB: JGLDF 27
Slide 28: Noto Peninsula Project
Noto Peninsula Project Barrick Alliance Second Evaluation Phase: • Togi Barrick Alliance Inital Evaluation Phase: • Togi Extension TSXV: JG | OTCQB: JGLDF 28
Slide 29: Middle Kyushu Projects
Middle Kyushu Projects TSXV: JG | OTCQB: JGLDF 29
Slide 30: Southern Kyushu Projects
Southern Kyushu Projects Barrick Alliance Second Evaluation Phase: • Ebino • Mizobe (including Mizobe 1st extension) TSXV: JG | OTCQB: JGLDF 30
Slide 31: Ikutahara Project
Ikutahara Project TSXV: JG | OTCQB: JGLDF 31
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Slide 33: Ikutahara Project
Ikutahara Project Ryuo Prospect • 20 drill holes completed in 2022 and 2021 have significantly advanced the understanding of geological controls and alteration zonation with respect to the identification of high-grade gold events across the prospect, wide high-grade mineralized vein structures, and
Slide 34: Ikutahara Project
Ikutahara Project Ryuo Prospect • Long section with geology, interpreted alteration, drill hole pierce points and significant intersections. TSXV: JG | OTCQB: JGLDF 34
Slide 35: Ikutahara Project
Ikutahara Project Ryuo Prospect: Q4 2022 Soil Survey • A soil survey was completed over the Ryuo prospect and extensions in 2021 and 2022, with a total of 1,331 composite soil samples collected within a 4.5 by 3.5 km grid area. • The soil grid centred on the 1.2 km mineralized vein trend which compr
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Slide 37: Ikutahara Project
Ikutahara Project Saroma Prospect • Drilling at the Saroma prospect has encountered multiple intersections of high-grade silver with gold mineralization along a 1 km strike length of the Saroma vein. • The Saroma vein forms part of a larger, 3.5 km long open-ended district- scale mineralized structu
Slide 38: Ikutahara Project
Ikutahara Project Saroma Prospect • Saroma Valley mineralized corridor, simplified geology, prospect locations, drill hole locations and significant intersections • 6 drill holes completed in 2022. High grade intervals include: IKDD22-012 1.05 m @ 1.3 g/t Au & 1,449.5 g/t Ag (19.0 AuEq) from 90.55 m
Slide 39: Ikutahara Project
Ikutahara Project Saroma Prospect – Long Section with Mineralized Intersections TSXV: JG | OTCQB: JGLDF 39
Slide 40: Ikutahara Project
Ikutahara Project Kitano-o Gold District •Analytical results from the recently completed soil survey have identified several significant gold anomalies with supporting pathfinder element and alteration signatures up to 1.5 km in length, which remain open ended. •Clay alteration interpreted from spec
Slide 41: Ikutahara Project
Ikutahara Project East Kitano-o Prospect •Three diamond drill holes were completed on the east Kitano-o prospect in 2022 for a total of 2,035.3 m. The scout drill holes targeted coincident soil, gravity and CSAMT anomalies below historic workings and adjacent to major graben faults and rhyolite dome