Japan Gold Focuses Its Project Portfolio Following Extensive Review
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) ha completato una revisione di sei mesi del suo portafoglio progetti, portando a una riduzione strategica da 35 a 26 progetti in Giappone. La revisione, guidata dal Presidente e COO Fraser MacCorquodale, ha lo scopo di concentrare le risorse su obiettivi di esplorazione prioritari. L'azienda ha identificato numerosi obiettivi di esplorazione per l'oro nella provincia metallogenica di Kitami, nella Penisola di Noto e nelle province aurifere epithermali del Kyushu Centrale e Meridionale.
Japan Gold detiene il più grande pacchetto di terreni prospettici in Giappone, coprendo aree di occurenze di oro. L'azienda sta portando avanti tre progetti prioritari sotto l'Alleanza Barrick. Il CEO John Proust ha sottolineato che gli sforzi di raccolta dati decennali di Japan Gold sono ora utilizzati per accelerare il processo di scoperta, concentrandosi sui migliori prospetti in regioni che ospitano miniere passate ed esistenti, inclusa la miniera di Hishikari, di fama mondiale.
Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ha completado una revisión de seis meses de su cartera de proyectos, resultando en una reducción estratégica de 35 a 26 proyectos en Japón. La revisión, liderada por el Presidente y COO Fraser MacCorquodale, tiene como objetivo enfocar recursos en objetivos de exploración prioritarios. La empresa ha identificado múltiples objetivos de exploración de oro en la provincia metalogénica de Kitami, la Península de Noto y las provincias de oro epithermales de Kyushu Central y Meridional.
Japan Gold posee el paquete de tierras prospectivas más grande de Japón, cubriendo áreas de ocurrencias de oro. La empresa está avanzando en tres proyectos prioritarios bajo la Alianza Barrick. El CEO John Proust enfatizó que los esfuerzos de recopilación de datos de una década de Japan Gold se están aprovechando para acelerar el proceso de descubrimiento, enfocándose en los mejores prospectos en regiones que albergan minas pasadas y existentes, incluida la famosa Mina Hishikari.
Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF)는 프로젝트 포트폴리오에 대한 6개월간의 검토를 완료하고 일본에서 35개 프로젝트를 26개로 전략적으로 줄였습니다. 프레이저 맥코르쿵데일 회장 겸 COO가 이끄는 이번 검토는 우선 탐사 목표에 자원을 집중하기 위한 것입니다. 회사는 키타미 금속 생명권, 노토 반도, 중부 및 남부 규슈의 에피열 금광 지역에서 여러 금 탐사 목표를 확인했습니다.
Japan Gold는 일본에서 가장 큰 잠재적 토지 패키지를 보유하고 있으며, 금이 발생하는 지역을 포괄합니다. 이 회사는 바릭 얼라이언스에 따라 세 가지 우선 프로젝트를 진행하고 있습니다. CEO 존 프라우스트는 Japan Gold의 10년 간의 데이터 수집 노력이 이제 세계적 명성을 가진 히시키리 광산을 포함하여 과거와 현재의 광산이 있는 지역에서 가장 유망한 탐사 지역에 집중하여 발견 과정을 가속화하는 데 활용되고 있다고 강조했습니다.
Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) a terminé une révision de six mois de son portefeuille de projets, résultant en une réduction stratégique de 35 à 26 projets au Japon. La révision, dirigée par le Président et COO Fraser MacCorquodale, vise à concentrer les ressources sur des cibles d'exploration prioritaires. La société a identifié plusieurs cibles d'exploration aurifère dans la province métallogénique de Kitami, la péninsule de Noto, ainsi que dans les provinces aurifères épithermales de Kyushu central et sud.
Japan Gold possède le plus grand ensemble de terres prospectif au Japon, couvrant des zones de occurrences d'or. L'entreprise avance trois projets prioritaires sous l'Alliance Barrick. Le PDG John Proust a souligné que les efforts de collecte de données de Japan Gold au cours de la dernière décennie sont maintenant utilisés pour accélérer le processus de découverte, en se concentrant sur les meilleures perspectives dans des régions abritant des mines passées et existantes, y compris la mine de Hishikari, de renommée mondiale.
Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) hat eine sechsmonatige Überprüfung seines Projektportfolios abgeschlossen, was zu einer strategischen Reduzierung von 35 auf 26 Projekte in Japan geführt hat. Die Überprüfung, die von Präsident und COO Fraser MacCorquodale geleitet wurde, zielt darauf ab, Ressourcen auf Prioritäts-Erforschungsziele zu konzentrieren. Das Unternehmen hat mehrere Gold-Erforschungsziele in der metallogenen Provinz Kitami, der Noto-Halbinsel und den epithermalen Goldprovinzen in Mittel- und Süd-Kyushu identifiziert.
Japan Gold hält das größte potenzielle Grundstück in Japan, das Gebiete mit Goldvorkommen abdeckt. Das Unternehmen arbeitet an drei Prioritätsprojekten innerhalb der Barrick-Allianz. CEO John Proust betonte, dass die zehnjährigen Datensammlungsbemühungen von Japan Gold nun genutzt werden, um den Entdeckungsprozess zu beschleunigen und sich auf die besten Aussichten in Regionen zu konzentrieren, in denen frühere und bestehende Minen zu finden sind, einschließlich der weltbekannten Hishikari-Mine.
- Strategic reduction of project portfolio from 35 to 26, focusing resources on priority targets
- Holds the largest prospective land package in Japan
- Identified multiple gold exploration targets in key metallogenic provinces
- Advancing three priority projects under the Barrick Alliance
- Decade-long data collection efforts to accelerate discovery process
- Relinquishment of 9 tenements that did not meet target criteria
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") is pleased to announce the completion of an extensive six-month review of its portfolio and resulting reduction from 35 to 26 projects from its holdings in Japan. The review was led by Mr. Fraser MacCorquodale, President and COO of the Company. The Company holds the largest prospective land package in Japan and has built a comprehensive framework of data for the evaluation of tenements covering areas of gold occurrences.
"We have a large tenement holding across the three main islands of Japan, and we needed to take a strategic approach to ground reduction in order to focus and prioritize our resources and advance Japan Gold exploration targets', said Mr. MacCorquodale. "The relinquished tenements did not meet our target criteria."
The Company has identified multiple gold exploration targets in the Kitami metallogenic province in North Hokkaido, the Noto Peninsula in Honshu, and in the Middle and Southern Kyushu epithermal gold provinces, where the Company has a dominant tenement coverage (see Figures 1-4). The gold mining regions are hosts of past and existing mines such as the world-class Hishikari Mine and where modern exploration activities are at an early stage for many prospects.
Mr. John Proust, Chairman and CEO of the Company, added, "Japan Gold has spent over a decade collecting the data that is required to make discoveries. We are now focusing on our best prospects and concurrently advancing three priority projects under the Barrick Alliance. Fraser's depth of experience in analyzing epithermal gold deposits is accelerating the discovery process."
About Japan Gold Corp.
Japan Gold Corp. is a Canadian mineral exploration company focused on gold exploration across Japan. The Company holds a significant portfolio of tenements covering areas with known gold occurrences, history of mining and prospective for high-grade epithermal gold mineralization. The Japan Gold leadership and operational team of geologists, drillers and technical advisors have extensive experience exploring and operating in Japan and have a track record of discoveries world-wide.
Japan Gold has an alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects with the potential to host Tier 1 or Tier 2 gold ore bodies in Japan.
On behalf of the Board of Japan Gold Corp.
John Proust
Chairman & CEO
For further information, please contact:
Alexia Helgason
Vice President, Corporate Communications
Phone: +1 604-417-1265
Email: ahelgason@japangold.com
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to expected or anticipated future events and anticipated results related to future partnerships and the Company's 2024 gold exploration program. These statements are forward-looking in nature and, as a result, are subject to certain risks and uncertainties that include, but are not limited to, the timing and granting of prospecting rights; the Company's ability to convert prospecting rights into digging rights within the timeframe prescribed by the Mining Act; general economic, market and business conditions; competition for qualified staff; the regulatory process and actions; technical issues; new legislation; potential delays or changes in plans; working in a new political jurisdiction; results of exploration; the Company's ability to execute and implement future plans, arrange or conclude a joint venture or partnership; and the occurrence of unexpected events. Actual results achieved may differ from the information provided herein and, consequently, readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this News Release. The Company disclaims any intention or obligation to update or revise forward‐looking information or to explain any material difference between such and subsequent actual events, except as required by applicable laws.
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FAQ
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