Japan Gold Corp.
Southern Arc holds a 53.06% interest in Japan Gold. (TSXV: JG) (OTCQB: JGLDF)
The only Canadian junior exploration company focussed solely on exploring for gold in Japan
Japan Gold's project portfolio consists of 17 projects over 69,505 hectares on three main islands of Japan, Hokkaido, Honshu and Kyushu.
Thirteen of the projects cover areas with known gold occurrences and a history of mining, and are prospective for high-grade epithermal gold mineralization.
Four of the projects, in southern Hokkaido and northern Honshu, are located over gold-bearing lithocaps, which may indicate the presence of porphyry 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.
A drilling permit has been granted and an initial scout drilling program was completed at the Akebono prospect at the Ikutahara Project in December 2017. Initial drilling results support the presence of high grade gold shoots in the Akebono vein system previously indicated by historic sampling of underground workings.
Japan Gold has generated other compelling drill targets, focusing on high grade epithermal veins in and around historic mines and workings, and will seek to rapidly progress these targets to the permitting phase so that they can be drill tested in 2018.