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Vancouver, British Columbia, Feb 19, 2019 (Newsfile Corp via COMTEX) — Japan Gold Corp. (JG) (otcqb:JGLDF) (“Japan Gold” or the “Company”) provides an amend on Aggregation activities afterward the March 2018 account absolution advertisement an action to undertake a alternation of assignment programs on several Projects and a action to complete one or added collective ventures or cardinal alliances.



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Refer to Figures 1, 2 and 3 for the Company’s action locations and appointment the Aggregation website at www.japangold.com for added information.



Japan Gold is admiring to advertise that two important milestones and several analysis programs were completed in 2018.

Milestones:



Japan Gold formed a cardinal accord with Aboriginal Quantum Minerals Ltd. (“FQML”) on four of its Lithocap Projects, in October 2018.Japan Gold completed a $6.65 actor cardinal costs with Goldcorp Inc., RCF Opportunities Fund L.P., and two Japanese Funds managed by a all-around beforehand administrator to beforehand its Epithermal Gold Projects, in December 2018.

The Aggregation able absolute letters for all 17 Projects captivated by the Company, in adjustment to beforehand the action of collective ventures and cardinal alliances. Eight above and mid-tier mining companies visited the Japan Gold Projects during 2018.

The Aggregation has additionally added its capabilities in Japan through the accretion of three (3) design amount assignment rigs and accepting twelve (12) assignment permits to accompany able expat drillers into the country.

Lithocap Projects – Analysis Progress:

Japan Gold formed a Cardinal Accord with FQML to analyze four of its -to-be lithocap projects in October 2018. The Japan Gold projects included in the Cardinal Accord are Eboshi, Kobui, Minamikayabe and Kamitsue, which collectively awning a acreage breadth of 11,830 hectares. All of the lithocap projects host analysis targets for shallow-level epithermal gold and added porphyry copper-gold deposits.

Two of the lithocap projects accept had all applications adapted to Prospecting Rights by the Japanese Ministry of Economy, Trade and Industry (“METI”). The Eboshi Project, amid in arctic Honshu, absolute 3,080 abutting hectares (“ha”) and the Kamitsue Project, amid in arctic Kyushu, totalling 4,069 abutting ha.

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Following the advertisement of the cardinal accord the Aggregation rapidly deployed the Japan Gold acreage teams to arise assignment on anniversary of the Projects consisting of acreage work, mapping, clay and bedrock sampling. The after-effects are currently actuality aggregate and reviewed. During the antecedent appraisal programs, Japan Gold is the Abettor of the Cardinal Accord in affiliation with FQML administration and abstruse personnel. Decisions will be fabricated anon by FQML on which projects will crave geophysical analysis methods to bigger ascertain porphyry targets for assignment testing.

Low-sulphidation Epithermal Gold – Portfolio Analysis Progress:

Prospecting Rights accustomed in Key locations:

38 Prospecting Rights (13,286 ha) accept been accustomed over the Ikutahara Action in Hokkaido accoutrement aerial antecedence targets in the Kitano-o Gold Commune and the Ryuo Abundance areas. The Ikutahara Action lies forth the aforementioned above geological anatomy which hosts the Konomai Abundance 20 kilometres to the northwest, which produced 2.35 actor ounces of gold at an boilerplate brand of 6.4 g/t Au[1].5 of 11 Prospecting Rights (1,681 of a absolute of 3,705 ha) accept been accustomed over the Ohra-Takamine Action in the Southern Kyushu Epithermal Gold Province (“SKEGP”) which covers a -to-be 9 kilometre continued aisle hosting 5 celebrated mines. Notable producers aural the SKEGP include: the Hishikari Abundance with 7.6 actor ounces of gold produced to date at boilerplate grades of 30-40 g/t Au(2); Kushikino Mine, 1.8 actor ounces at 6.7 g/t Au; Yamagano Mine, 910,000 ounces at 17.4 g/t Au; and the Okuchi Abundance with 714,000 ounces at 13.6 g/t Au(1,3).

Exploration Programs completed in Hokkaido:

Ikutahara Project: During 2018 the Aggregation completed analysis programs to enhance its antecedence assignment targets aural the Kitano-o Gold Commune and the Ryuo Abundance areas, as able-bodied as advancing a cardinal of added affairs to drill-ready stage. The latest assignment congenital on the all-encompassing mapping, sampling and geochemical assignment programs completed in 2016 and 2017. In accession the Aggregation has been proceeding with assignment allowing of the Kitano-o Prospect and the Ryuo Prospect.

During 2018 two new cogent areas of quartz veining were amid in the northeastern allotment of the Kitano-o gold district, the Toge Hill and Asada Backbone Prospects. Mapping and sampling over these targets accept appear celebrated trenching, pitting and apparatus advertisement high-level textured epithermal quartz attitude zones hosted in Miocene volcanics to the southwest of the Akebono Prospect. Intermittent exposures of the Toge veins accept been mapped over a 2 kilometer continued east-northeast trending alternation of ridges with alone veins up to 3 meters avant-garde actuality identified. Several hundred meters arctic of Toge, the Asada attitude has been mapped for 400 meters forth a northeast trending ridge. Mapping has yet to analyze the abounding admeasurement of the attitude breadth which lies accessible at either end.

Both Toge Hill and Asada Backbone Affairs display multi-phase affiliated and brecciated quartz-chalcedony veining, textures advertence accelerated cooling and the aerial akin of acknowledgment of the attitude systems. Both attitude zones display gold aberancy with a aiguille amount of 15 g/t Au from bedrock samples calm to date. Pathfinder elements including silver, arsenic and antimony are aberrant and abutment the bank akin of acknowledgment of the veins, and the abeyant for higher-grade gold zones to advance at depth. Toge and Asada are amid abutting to aftereffect basement rocks which adds the abeyant to assignment ambition the position breadth the veins cut the earlier basement / adolescent agitable bedrock interface. Such geological altitude host aerial grades at the Hishikari epithermal drop in Kyushu and are a accurate analysis ambition here.

While antecedent assignment programs accept focused on the arctic breadth of the Ikutahara Project, in 2018 aboriginal canyon assay assignment was completed over the southern allocation of the Ikutahara Action accoutrement abundant celebrated apparatus and mines. Gold aberrant quartz attitude outcrops and decay actual from the celebrated apparatus is auspicious and added assignment will be appropriate on these new prospects, decidedly those hosted in the adolescent Miocene agitable bedrock sequences.

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Hakuryu Project: includes the southern lodes of the ample celebrated Konomai Gold-Silver Mine. From 1915-73, Konomai produced a absolute of 2.35 actor ounces of gold at an boilerplate brand of 6.4 g/t Au and 40 actor ounces of argent at an boilerplate brand 109 g/t Ag(1). The southern allocation of the Konomai attitude acreage lies aural the Hakuryu Action and antecedent assembly from two veins aural the action area, the Motoyama and Fujishima veins exceeded 770,000 ounces of gold and 7.6 actor ounces of silver(4). Sumitomo, the celebrated abundance operator, appear bounded gold grades at Konomai of over 40 g/t Au in crustiform and colloform-banded, quartz-calcite-adularia ± sulphide veins(5). There is a abundant vertical admeasurement of ore in the above veins at Konomai, an archetype is the No. 5 attitude which has a vertical admeasurement of 560 m, and this supports cogent analysis upside as some of the Konomai veins accept alone been exploited to bank levels, and some accept yet to be drill-tested.

Exploration Programs completed in Kyushu:

Ohra-Takamine Project: In 2018 mapping accustomed a 3.5 kilometer continued abutting about-face aisle forth which are hosted the celebrated abundance apparatus of Urushi, Takamine and Ohra. Furthermore, mapping showed the about-face aisle to extend addition 2 kilometers forth bang to the northeast of the Ohra Mine. Realizing the under-explored abeyant forth and above the celebrated mining corridor, the Aggregation fabricated new applications accoutrement bang extensions both the northeast and southwest and these applications were accustomed by METI in October 2018.

In December 2018, the Aggregation geologists completed a added assignment affairs with assignment targeting in apperception and based on these investigations, able a advance conduct affairs to analyze the Ohra-Takamine Action potential. The Aggregation is currently commutual the assignment allowing process.

Kamitsue Project: 2018 analysis action advised the abundant celebrated apparatus which targeted gold address quartz-vein mineralization. A ample breadth of avant-garde argillic about-face was articular during this assay assignment and the action was after included in the cardinal accord with FQML for porphyry targeting.Tobaru Project: the 2018 affairs explored a ahead articular breadth of argillic about-face with localized pockets of advanced-argillic about-face and quartz-sulphide stockworks confirmed. The Tobaru Action lies anon forth bang of the Fuke Abundance which produced 106,000 ounces of gold up to its cease in 1977(3). The Tobaru Action about-face breadth extends in a north-northeast administration over about 2 km, and is up to 1 km wide, its position anon forth bang of the Fuke abundance and aural the awful gold-endowed Hokusatsu-Kushikino Mining Commune makes it a acute analysis ambition for approaching chase up by the Company.

Chairman and CEO, John Proust commented, “Japan Gold Corp has delivered on its commitments in 2018 and we are actual admiring with advance to date, including the advancements fabricated on our ample analysis portfolio and new cardinal investments and partnerships. In 2019, we will see added advances including admission of conduct at Ikutahara and Ohra-Takamine.”

“In adjustment to acquaint and back the Company’s plan for 2019 and to abide architecture important relationships with the Japanese association abundant affairs were captivated in January 2019 with government admiral and key stakeholders in Hokkaido, Tokyo, and Kyushu” Proust stated.

Qualified Person

The abstruse advice in this account absolution has been advised and accustomed by Japan Gold’s President & Chief Operating Officer, Dr. Mike Andrews, PhD, FAusIMM, who is a Able Person as authentic by National Instrument 43-101.

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On account of the Board of Japan Gold Corp.

“John Proust”

Chairman & CEO

About Japan Gold Corp.

Japan Gold Corp. is a Canadian mineral analysis aggregation focused alone on gold and copper-gold analysis in Japan. The Aggregation holds 17 Projects, for a accumulated breadth of 71,529 hectares (715.29 aboveboard kilometres), beyond the three better islands of Japan: Hokkaido, Honshu and Kyushu. The Projects awning areas with accepted gold occurrences and a history of mining, and are -to-be for both high-grade epithermal gold mineralization and gold-bearing lithocaps which could announce the attendance of porphyry mineralization. Japan Gold’s administration aggregation has decades of adeptness industry and business experience, and the Aggregation has recruited geologists and abstruse admiral with acquaintance exploring and operating in Japan. Added advice is accessible at www.japangold.com or by email at info@japangold.com.

For added advice amuse contact:

John ProustChairman & CEOPhone: 778-725-1491Email: info@japangold.comWebsite: www.japangold.com

Cautionary Note

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such appellation is authentic in the behavior of the TSX Venture Exchange) accepts albatross for the capability or accurateness of this release.

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This account absolution contains advanced statements apropos to accepted or advancing approaching contest and advancing after-effects that are advanced in attributes and, as a result, are accountable to assertive risks and uncertainties, such as accepted economic, bazaar and business conditions, antagonism for able staff, the authoritative action and actions, abstruse issues, new legislation, uncertainties consistent from abeyant delays or changes in plans, uncertainties consistent from alive in a new political jurisdiction, uncertainties apropos the after-effects of exploration, uncertainties apropos the timing and acceding of prospecting rights, uncertainties apropos the Company’s adeptness to assassinate and apparatus approaching plans, and the accident of abrupt events. Actual after-effects accomplished may alter from the advice provided herein as a aftereffect of abundant accepted and alien risks and uncertainties and added factors. No collective ventures are currently in duke and there is no agreement that the Aggregation will achieve a joint-venture.

[1] Garwin et al. 2005. Tectonic setting, Geology, and gold and chestnut mineralization in the Cenozoic magmatic arcs of Southeast Asia and the West Pacific. Bread-and-butter Geology 100th Anniversary Vol. pp 891-930(2)Sumitomo Metal Mining Co., LTD. website, assembly as of end of March 2018.(3) Watanabe, 2005. Late Cenozoic change of epithermal gold metallogenic ambit in Kyushu, Japan. Mineralium Deposita (2005) 40: pp 307-323(4) Gold Mines in Japan, The Mining & Materials Processing Institute of Japan, 1990.(5) Sumitomo Metal Mining Co. Ltd. (Editorial Committee), Oct. 2003. The Konomai Abundance History 50th Anniversary – The History of Sumitomo Konomai Gold Mine, p. 59 – 73.

Figure 1: Japan Gold Projects throughout Japan.

To appearance an added adaptation of Figure 1, amuse visit:https://orders.newsfilecorp.com/files/5665/42904_69cc5c8b94a3983d_001full.jpg

Figure 2: Ikutahara Action in Hokkaido.

To appearance an added adaptation of Figure 2, amuse visit:https://orders.newsfilecorp.com/files/5665/42904_69cc5c8b94a3983d_002full.jpg

Figure 3: Ohra-Takamine Action in the Southern Kyushu Epithermal Gold Province.

To appearance an added adaptation of Figure 3, amuse visit:https://orders.newsfilecorp.com/files/5665/42904_69cc5c8b94a3983d_003full.jpg

To appearance the antecedent adaptation of this columnist release, amuse appointment https://www.newsfilecorp.com/release/42904

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