Vancouver, British Columbia--(Newsfile Corp. - February 29, 2024) - Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") is pleased to announce the second phase of drilling at the Barrick Alliance Mizobe Project in Southern Kyushu, Japan has further expanded the footprint of a largely concealed, multi-phase hydrothermal system with current dimensions of approximately 2.5 by 1.5 kilometres (see Figure 1).
The new drilling continues to encounter mineralized intervals on an open hydrothermal alteration system at Mizobe. Mineralization encountered in drilling is locally extensive with broad breccia-hosted intervals up to 144 metres in down-hole length (see Figure 2). Multiple alteration and mineralizing events are observed in the drill core including banded chalcedony-sulphide vein clasts, banded carbonate-quartz-sulphide veins (see Figure 3), and hydrothermal brecciation which has provided a permeability pathway and host for a younger gold-sulphide mineralization event. Banded chalcedony is a quartz vein texture that may represent the upper parts of epithermal vein systems, fragments of this banded chalcedony now incorporated into a younger mineralized hydrothermal breccia provide a vector towards potential deeper structure-controlled vein-style mineralization not yet identified. see & read more on
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