- Write by:
-
Friday, May 29, 2020 - 5:35:48 PM
-
852 Visit
-
Print
Mining News Pro - The Japanese Ministry of Economy, Trade and Industry accepted Japan Gold’s new prospecting rights applications covering extensions to its Japan Gold epithermal-gold project.
Japan Gold said the 24 new applications total 7,711 hectares and cover prospective tertiary geology along the eastern side of Sanru while Irving Resources’s Omu project is located to the north.
With these additions, the Sanru Project now comprises 31,822 hectares and is one of the projects included in the Barrick Alliance to be covered by regional exploration programs in the next 12 months.
“This new acquisition continues our ongoing evaluation of the prospective geology in Japan,” John Proust, Japan Gold’s chairman and CEO, said in the media brief. “The decision to further extend the Sanru project was based upon the favourable structural controls on mineralization, host rock geology and the proximity of the Omui mine close by to the north.”
Sanru is located in the Kitami Region of northern Hokkaido and covers a total of five known mine workings that are inferred to be fault-controlled with potential to host similar mineralization as exploited in the Sanru mine, the second-largest historical gold producer in the area with 225,000 ounces of gold averaging 7.4 g/t and 1.4 million ounces of silver produced between 1925 and 1974.
Short Link:
https://www.miningnews.ir/En/News/537394
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer ...
Interros, Nornickel’s largest shareholder, on Monday called allegations by fellow shareholder Rusal about undervalued ...
AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s ...
Gold took a tumble as haven demand waned after geopolitical tensions eased in the Middle East.
Copper traded near $10,000 a ton, hitting a new two-year high on its way, as investors continue to pile in on a bet that ...
Adriatic Metals is taking over as the operator of the Rupice deposit development, which is part of the company’s Vares ...
A Russian arbitration court ruled on Monday that four units of Swiss commodities trader Glencore will pay more than 11.4 ...
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
No comments have been posted yet ...