Japan Gold Corp has expanded its project portfolio to 11 through the addition of its first project on the island of Kyushu in southern Japan. The Kamitsue project consists of 12 contiguous prospecting rights applications covering an area of approximately 4069 hectares.
The company is now authorised to commence an active program of surface exploration, which will include geological mapping, geochemical sampling and geophysical surveys.
Japan Gold’s chairman and CEO John Proust said, “The Kamitsue project is Japan Gold’s 11th project in Japan and represents an important addition to the company’s portfolio of epithermal gold prospects. The company now holds projects on the islands of Hokkaido, Honshu and Kyushu.”
Kamitsue is 10km southeast of the Taio mine, northern Kyushu’s largest gold mine which produced approximately 1.2 million ounces of gold at an average grade of 6.3 g/t and operated between 1903 and 1973.
Kyushu hosts two other plus million ounce gold producers, the currently producing Hishikari mine with 8.5 million ounces of gold at a grade of 47.3 g/t and the Kushikino mine which produced 1.8 million ounces of gold at a grade of 6.7 g/t between 1914 and 1974 in the southern part of the island.
Detailed surface exploration was completed over the Kamitsue area and reported by the Metal Mining Agency of Japan (MMAJ) in the early 1990s. Japan Gold has inspected several localities with historic workings dating back to the early 1900s, however no production data is recorded. MMAJ reports that regional alteration mapping and soil geochemical sampling covers a 7km by 4km area at Kamitsue.
This work identified two distinct coincident clay-alteration/geochemical anomalies including a 5.5km by 1.5km east-west trending zone with anomalous gold, silver, arsenic, antimony and mercury and a smaller 1.5km by 0.5km zone with anomalous gold, silver, arsenic and mercury.
Considering the size of the defined anomalies at Kamitsue, and the other significant gold deposits throughout Kyushu, the company feels the area has significant merit for further exploration and will commence follow up surface exploration later this year.
The company also announces key appointments to its senior management and Board of Advisors. Takashi Kuriyama, a Japanese geologist having over 42 years of domestic and international exploration and mining business experience, has accepted the post of general manager, exploration. In addition, internationally respected geologists Douglas Kirwin and Dr Steve Garwin have agreed to join the company’s Board of Advisors.