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Japan Gold Up 1.5% after Reporting High-Grade Veins in First Drill Holes at Ryuo Prospect

MT Newswires ·  {{timeTz}}

12:34 PM EDT, 09/14/2021 (MT Newswires) -- Japan Gold Corp. (JG.V) on Tuesday gained 1.5% on last look after reporting high-grade gold-silver intercepts from its first drill holes at the Ryuo Prospect, within the Ikutahara Project.

Among the highlights, Drill hole IKDD21-001 returned 4.9 meters @ 12.1 grams per ton of gold and 33 g/t Ag from 60.6 meters.

The intersection in IKDD21-001 shows that high-grade gold and silver mineralization remains open to a depth below the Jinja Vein workings and, having a true width of 4.74 meters, is significantly wider than average vein widths reported historically in the underground workings.

Drill hole IKDD21-003 intersected 2.12 meters @ 6.3 g/t Au and 12.6 g/t Ag from 81.2 meters.

Price: 0.33, Change: +0.01, Percent Change: +1.54

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