- Japan Gold’s Buho Project is located within the Sapporo-Iwanai district of southwestern Hokkaido which contains at least 65 known gold-silver and polymetallic mineral deposits4.
- Historic epithermal gold mines within this district include Chitose (736,000 oz Au @ 14.5 g/t); Tiene (352,000 oz Au @ 7.5 g/t); Shizukari (256,000 oz of gold @ 7 g/t Au) and Todoroki (188,339 oz Au)
- Limited scout drilling in the 1990’s confirmed the occurrence of high-grade gold-silver veins located beneath the historic shallow Buho workings that were developed over a preserved, high-level epithermal system with intact sinter.
- Potential remains to discover high-grade gold-silver vein lodes beneath, and surrounding, the historic Buho workings.
- Potential for other known mineralization styles (Kuroko and disseminated base metal types) documented in the district have yet to be evaluated.
- Japan Gold believes that the previous exploration has been insufficient and that potential remains to discover high-grade gold-silver vein lodes beneath, and surrounding, the historic Buho workings.
- An initial program of 1) data compilation, review of MMAJ airborne magnetics and reprocessing of Austpac CSAMT data; 2) collection of an additional 10 line-km of CSAMT; 3) geological mapping and geochemical rock sampling; and 4) a scout-drill program, using a diamond rig to complete 3-4 drill-holes (1000 m) near the Buho workings is planned.
