CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
The Japanese Ministry of Economy, Trade
According to Japan Gold, the 40 new applications total 12,842 hectares and cover prospective tertiary geology between the company’s Sanru project, and Irving Resources’ Omu project, located to the northeast.
This means that Sanru has doubled in size and it now covers a 20 x 16 kilometre under-explored area hosting five historic gold workings, immediately along strike of the Kitami region’s second-largest gold mine, the Sanru mine, which produced 225,000 ounces of gold averaging 7.4 g/t and 1.4 million ounces of silver between 1925 and 1974.
Sanru is located in the Kitami Region of northern Hokkaido, where rhyolite geology associated with epithermal-gold mineralization is localized along two major north-south trending grabens.
To advance the project, Japan Gold says that it plans to commence regional multi-element stream sediment and bulk leach extractable gold geochemical surveys, geological mapping and rock-chip sampling, ground follow-up of anomalies and an investigation of other recorded historic workings.
