Japan Gold

Website: www.japangold.com
Primary ticker: TSXV:JG, OTCQB:JGLDF
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Ikutahara and Ohra-Takamine Projects

Live financials

Japan Gold Corp. (TSX-V: JG) (OTCQB: JGLDF) is a Canadian mineral exploration company leveraging its first-mover advantage as the first foreign exploration company to focus entirely on gold opportunities in Japan. The Company holds a portfolio of 24 Gold Projects which cover areas with known gold occurrences, a history of mining and are prospective for high-grade epithermal gold mineralization. Japan Gold’s leadership team has decades of resource industry and business experience, and the Company has recruited geologists and technical advisors with experience exploring and operating in Japan.

Management Profile

John Proust, Chairman & CEO

John Proust has successfully founded and managed a number of resource companies. Mr. Proust has served on the boards and held senior operating positions, and has directed and advised public and private companies regarding debt and equity financing, mergers and acquisitions and corporate restructuring since 1986. Mr. Proust is currently Chairman and CEO of Southern Arc Minerals Inc., Chairman and a director of Canada Energy Partners Inc., and a director of Rise Gold Corp. Mr. Proust has extensive experience in corporate governance, is a graduate of The Directors College, Michael G. De Groote School of Business at McMaster University and holds the designation of Chartered Director.


What is your rationale for attending 121 Mining Investment?

Having recently doubled its portfolio from 12 to 24 gold projects, Japan Gold is looking forward to introducing the Company and Japan’s under explored gold potential to new investors as well as updating the market on recent developments. The Company is currently drilling two highly ranked targets in northern Hokkaido and southern Kyushu.


What recent news would you like to highlight to investors attending?

Two drilling programs underway at the Ohra-Takamine and Ikutahara Gold Projects.
Sep 9, 2019: Japan Gold Acquires a Dominant Position in Kyushu with the Addition of Five New Gold Projects
— Five new low sulphidation epithermal gold Project acquisitions
— Portfolio expanded to 24 Projects
— Dominant position in the Southern Kyushu Epithermal Gold Province
— Three Projects adjacent to the Sumitomo Metal Mining, Hishikari Mine property
Aug 22, 2019: Japan Gold closes oversubscribed $7.14 million Non-Brokered Private Placement


What are your key goals for the next 3, 6 and 12 months?

3 Months:

The Company plans to generate results on the two scout drilling programs currently underway:
— 3,000 m of diamond core drilling at the Ikutahara Project in Hokkaido
— 2,100 m of diamond core drilling at the Ohra-Takamine Project in Kyushu
Continue advancing additional projects and generating new ones.

6 Months:

Phase 2 drilling program at the Ikutahara Project and the Ohra-Takamine Project, as warranted.
New drilling programs to advance additional drill ready projects.
Advance additional projects to drill ready status.
Continue generating new projects.

12 Months:

Generate ongoing results from drilling programs for consistent news flow.
Identify new targets at various projects throughout Japan for year-round exploration.
Enter into additional strategic partnerships to help advance Japan Gold’s large portfolio.


What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Risks of permit timing. We have created an internal permitting group, well acquainted with the Japanese permitting system, who has been successful in obtaining permits for Japan Gold in the past.
There are operational risks related to the procurement of services, equipment and manpower. To manage these risks, Japan Gold has built its own Operational team fully capable of generating and advancing the Japan Gold projects.
In addition, the company has acquired four diamond core drill rigs and has brought expert support personnel into the country to support our drilling programs. This allows the company to define its own operating schedule while keeping costs at a globally competitive level.


In a sentence, what do you think makes your company such a compelling investment?

First world country
First mover advantage
First class gold opportunities
First significant phase 1 drilling programs underway