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Japan Gold (TSXV: JG) this morning released assay results from two drill holes conducted at their Mizobe Project, found in the Hokusatsu district of southern Kyushu, Japan.
The two holes both successfully intercepted gold mineralization, while one hole also notably intercepted a banded chalcedony vein, the first such intercept of its kind at Mizobe. The intercept, which occurred in hole MZD25-009 at a depth of 190.75 metres, was discontinuous over 2.40 metres.
The vein style is said to be common of low-sulphidation epithermal environments, and may be indicative of the upper levels of a hydrothermal system.
Highlights from the results include:
- MZD25-008: 1.82 g/t gold over 1.50 metres from a depth of 292.50 metres
- Including 3.53 g/t gold over 0.50 metres
- MZD25-009: 1.07 g/t gold over 2.0 metres from a depth of 116.30 metres
- And 1.11 g/t gold over 1.35 metres from a depth of 189.95 metres.
READ: Japan Gold Concludes Geophysical Survey At Hakuryu Project For Drill Targeting
The 2025 program was conducted as a follow-up to drilling conducted under the Barrick Alliance in 2023. That program saw hole MZDD23-003 intercept 4.27 g/t gold over 10 metres, and hole MZDD23-004 intercept 1.60 g/t gold over 4.0 metres.
Drilling in 2025 intended to test for the presence and continuity of this mineralization, with the program successfully hitting hydrothermal alteration that is associated with anomalous gold, arsenic and antimony below post-mineral cover.
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Further exploration to be conducted by Japan Gold at Mizobe aims to focus on improving the understanding of the source and controls of the alteration, further delineating the extent of the system, and evaluating areas with potential for further mineralization.
Japan Gold last traded at $0.135 on the TSX Venture.
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