Japan Gold Corp. announced acquisition of the Kanehana Project via the acceptance of 40 new prospecting rights applications by the Japanese Ministry of Economy, Trade and Industry ("METI"). The new 12,431 hectare project adjoins the west side of Japan Gold's Ikutahara Project and covers seven historic gold mines and workings. Located on the west side of the Ikutahara Project, the Kanehana Project covers favorable Miocene-age rhyolite and associated graben-fill volcanics and sediments. The Kanehana and Ikutahara Projects combined, cover a 25-kilometer strike-zone along the eastern edge of the Monbetsu-Rubeshibe Graben where the intersection of deep-seated graben-margin and cross-cutting faults provide the pathways for ascending gold-bearing hydrothermal fluids. The majority of mines and workings within the projects, occur close to these structural intersections, seven within Kanehana and twenty within Ikutahara. These mines include the Region's third larger gold producer, the Kitano-o Mine where in excess of 96,000 ounces of gold at a grade of 5.9 g/t1 were mined at Kitano-o prior to 1943, gold was won largely from shallow open-pits in gold-bearing eluvium. Small scale exploitation at the Muka Mine was conducted by Sumitomo Metal Mining Co. Ltd. between 1939-42 with 12,473 tonnes of ore mined at an average grade of 7.09g/t Au and 20.8 g/t Ag2. Two types of mineralization are described at Muka; a quartz vein event with more than ten north-south and east-west oriented veins, with dimensions between 0.2 to 1.0 meters wide and up to 100m in strike length; and a network-breccia like body formed around the veins with lateral dimensions of 80 by 40 meters and up to 130 meters vertical extent. It is reported that the higher grades occur at vein intersections with grades up to 500g/t gold and 2,000g/t silver; the breccia is also gold bearing and described as having a clay matrix hosting silicified fragments; surficial-elluvial gold mineralization is also reported2. It is unclear based on the historic description what the chronology of mineralizing events are but the presence of superimposed gold bearing vein and breccia events is a strong vector for deeper exploration.