Japan Gold


Primary ticker: TSXV:JG, OTCQB:JGLDF
Stage of development: Exploration
Primary minerals: Gold
Project to promote: 31 Projects
Project location: Japan
Website: www.japangold.com

Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold exploration across the three largest islands of Japan: Hokkaido, Honshu and Kyushu. The Company has a country-wide alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects. The Company holds a portfolio of 31 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 represent decades of resource industry and business experience, and the Company has recruited geologists, drillers and technical advisors with experience exploring and operating in Japan.

Major shareholders:
Institutional Investors – 55%
Newmont – 10%
Public Float – 28%
Management Ownership – 7%

Management Profile

John Proust, C.Dir. – Chairman & CEO
Mr. John Proust has successfully founded and managed several resource companies throughout his career. Since 1986, he has been a board member and held senior operating positions, serving as a key advisor and leader of corporate strategy, debt and equity financing, mergers and acquisitions, and corporate restructuring. In addition to his position as Chairman and CEO of Japan Gold Corp., Mr. Proust is currently Chairman and CEO of Southern Arc Minerals 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 recent news would you like to highlight to investors attending?

Our portfolio of 31 Gold Projects was the basis of the Barrick Gold Country-Wide Alliance and our first-mover advantage has secured Newmont Corporation as a significant shareholder, validating our thesis that there are major gold deposits yet to be discovered in Japan.

The Japan Gold Barrick Alliance was formed in February 2020 and the Barrick Alliance portfolio increased 42% since its formation to cover more prospective ground.

Barrick has solely funded an initial evaluation of 29 projects from the Japan Gold portfolio. The Japan Gold team has completed an enormous amount of work over the past 2 ½ years evaluating the 29 Barrick Alliance projects in order to demonstrate high quality of the Japan Gold project portfolio and its prospectivity. It’s highly encouraging that Barrick has selected 6 projects with the potential to host Tier 1 or Tier 2 ore bodies and we look forward to aggressively advancing these projects.

With the thorough evaluations completed by the Barrick Alliance, the Company now holds a comprehensive and unique data set on Japan’s epithermal-gold districts and is well-positioned to advance areas of high-prospectivity which don’t fit Barrick’s criteria but may still host large high-grade gold deposits. The Company is internally evaluating all projects that Barrick did not select, which remain at an early stage of investigation but offer exploration potential, with a view to determining which to advance independently or by bringing in additional partners.

In addition to the 29 projects under our strategic alliance with Barrick, Japan Gold is also developing the Ikutahara Project in the northern island of Hokkaido and the Ohra-Takamine Project in the southern island of Kyushu.

Recent drilling at the Ryuo prospect within the Ikutahara Project has intersected high-grade veins including 20m @6.3 g/t gold and 0.45 m @ 1,395 g/t gold which confirm high-grade vein mineralization is continuous below historical workings closed in 1943.

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Ryuo Prospect: 7 additional drill holes completed (assays pending).

6 Months:
Saroma Valley prospect: 6 drill holes currently being completed.

12 Months:
Kitano-o East prospect: drilling scheduled H2 2022