JAPAN GOLD CORP ORD - JGLDF STOCK NEWS

Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) has completed a six-month review of its project portfolio, resulting in a strategic reduction from 35 to 26 projects in Japan. The review, led by President and COO Fraser MacCorquodale, aims to focus resources on priority exploration targets. The company has identified multiple gold exploration targets in the Kitami metallogenic province, Noto Peninsula, and Middle and Southern Kyushu epithermal gold provinces.

Japan Gold holds the largest prospective land package in Japan, covering areas of gold occurrences. The company is advancing three priority projects under the Barrick Alliance. CEO John Proust emphasized that Japan Gold's decade-long data collection efforts are now being leveraged to accelerate the discovery process, focusing on the best prospects in regions hosting past and existing mines, including the world-class Hishikari Mine.

Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) announces that Barrick Gold Corp. will focus on Barrick Alliance exploration activities in Japan at the Togi, Hakuryu, and Ebino Projects. Drilling programs are set to begin in September. The Togi Project, covering the historic Togi goldfield, will see a 1,000-meter 2-hole drill program at the Akasaka target. The Hakuryu Project, covering part of Japan's third-largest gold mine, plans a 700-meter 4-hole program in Q4 2024. The Ebino Project, located in Japan's largest gold-producing district, has identified an extensive epithermal alteration system. These projects demonstrate potential for new discoveries in historic mining districts, leveraging Barrick's exploration expertise.

Japan Gold Corp. has announced the prioritization of its Mizobe, Ebino, Togi, and Hakuryu projects in Japan as part of the Barrick Alliance Second Evaluation Phase. These projects will undergo drilling. The Mizobe and Ebino projects are located in Japan's largest gold-producing region, the Hokusatsu Region, known for the Hishikari deposit. The Hakuryu Project is in the Konomai gold district, Japan's third-largest past-producing gold mine area. The Togi Project is centered on the historic Togi goldfield on Honshu Island. The two projects not proceeding under the Barrick Alliance will continue independently under Japan Gold's portfolio.

Japan Gold has appointed Dr. Keiko Hattori to its Board of Directors and Paul Harbidge to its Advisory Board. Dr. Hattori, a renowned geoscientist with extensive expertise in gold deposits, has been recognized with multiple awards, including the Kato Takeo Gold Medal and the Duncan R. Derry Medal. Her appointment is expected to enhance Japan Gold's mining exploration activities in Japan. Paul Harbidge, who has significantly contributed to the company's technical data and land acquisition, will continue to advise on technical matters. Additionally, Dr. Hattori has been granted 200,000 stock options, exercisable at $0.20 per share for five years.

Japan Gold Corp. is taking advantage of Japan's relaxed regulations to become a leader in the country's gold mining industry. By securing a large land package with high potential mineral rights across Japan's major islands and forming strategic alliances with Barrick Gold and Newmont , Japan Gold is poised for success in the global mining sector.

Japan Gold Corp. appoints Ms. Alexia Helgason as VP, Corporate Communications, bringing extensive experience in corporate environments. She will oversee external communications, investor relations, and internal communications. Ms. Helgason will receive $120,000 per annum and 200,000 stock options. The Company also grants 1,561,682 restricted share units and 1,200,000 stock options to the President and COO.

Japan Gold Corp. announces positive results from the second phase of drilling at the Barrick Alliance Mizobe Project in Southern Kyushu, Japan. The drilling has expanded the footprint of a hydrothermal system with extensive mineralization, showcasing potential for significant gold endowment. Encountering broad breccia-hosted intervals and multiple alteration events, the company is optimistic about the project's prospects.

Japan Gold Corp. appoints Fraser MacCorquodale as President and Chief Operating Officer, bringing extensive global exploration experience to drive value in the company's projects. MacCorquodale's track record of major discoveries at Newcrest Mining Limited adds significant expertise to Japan Gold's Executive Leadership Team.

Japan Gold Corp. provides an update on its 2023 work programs, highlighting strong results and progress across its projects. The company plans to accelerate activities in 2024, focusing on drilling high-potential targets. Various projects like Mizobe, Togi, Aibetsu, Hakuryu, Ikutahara, Ryuo, Saroma, Jomon, Buho, Bajo, and Ohra-Takamine are discussed, outlining completed work and future plans.