Japan Gold CEO John Proust joined Steve Darling from Proactive to to announce significant developments in the company's mineral exploration initiatives.
The company has seen substantial results from in-fill sampling in a drill hole at the Barrick Alliance Mizobe Project in Southern Kyushu. The results have notably expanded the down-hole width of a broad mineralized interval that was previously identified in the initial framework drill program conducted earlier in the year. The interval now measures 144.0 meters with mineralization grades of 0.7 grams per tonne (g/t) for gold (Au) and 2.1 g/t for silver (Ag), starting from 47.0 meters depth.
Proust expressed satisfaction with the exploration team's progress and announced the commencement of a second drilling phase at the Mizobe Project. This new round involves four additional drill holes aimed at probing the extensions of a largely concealed mineralized system. The team anticipates completing the 1000 meters of drilling by December.
In addition to the drilling efforts, Proust mentioned that other projects are also advancing. A geophysical survey is in progress at the Togi Project in central Honshu. Concurrently, detailed mapping is being carried out at the Hakuryu Project. Furthermore, a comprehensive review of the combined data set from the Aibetsu Project is underway. This set includes mapping, soil samples, and Controlled-source Audio-frequency Magnetotellurics (CSAMT) geophysics, to delineate precise drill targets.
These collective efforts demonstrate Japan Gold's commitment to a multifaceted exploration strategy across its projects.
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