All historical drilling, sampling and production data in this section of the website was found in the Metal Mining Agency of Japan database.
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 has committed to manage and oversee a systematic surface exploration reconnaissance program on each Project prior to June 30, 2019.
The Projects included in the Letter Agreement are the Eboshi, Kobui, Minamikayabe and Kamitsue projects, which collectively cover a land area of 11,830 hectares ("ha"). More information can be found in the news release dated October 23, 2018.
The strategic alliance with First Quantum Minerals Ltd. aims to evaluate and advance four of its five lithocap projects in Hokkaido, northern Honshu, and Kyushu targeting areas of anomalous gold and other pathfinder metals within broad advanced argillic altered lithocaps, which indicate the potential presence of copper-gold bearing porphyry mineralization.
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.