All historical drilling, sampling and production data in this section of the website was found in the Metal Mining Agency of Japan database.
Japan Gold has five lithocap projects: Kobui, Ponkutosan, and Minamikayabe in the island of Hokkaido; Eboshi in northern Honshu, and Kamitsue in Kyushu.
Nine prospecting rights applications (3,080 hectares) at the Eboshi Project in northern Honshu and twelve at the Kamitsue Project in Kyushu have been converted to Prospecting Rights.
The remaining 19 prospecting rights applications (6,252 hectares) covering Kobui, Minamikayabe, and Ponkutosan have been accepted reserving the ground for Japan Gold and allowing surface exploration including mapping, geochemical sampling and geophysics.
In October 2018, Japan Gold entered into a binding Letter Agreement with First Quantum Minerals Ltd. (TSX:FM) to explore four of its prospective lithocap projects. Pursuant to the terms of the Letter Agreement, FQML conducted a systematic surface exploration reconnaissance program on each Project with Japan Gold’s team acting as the Operators. The Letter Agreement was discontinued by FQML on April 4, 2019.
Japan Gold is encouraged by the early-stage data generated by FQML and believes that three of the projects (Eboshi, Kobui and Kamitsue) warrant further investigation including geophysics and drilling in order to more thoroughly investigate their potential for porphyry mineralisation.