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Corporate Presentation

1. IKUTAHARA | KANEHANA Significant work completed with robust gold results and clear delineation of large mineralized districts: . Ryuo Prospect (3 km) . • Kitano-o Prospect (4 km) Saroma-Jomon Corridor (+8 km) JAPAN GOLD IKUTAHARA & KANEHANA PROJECTS SIMPLIFIED GEOLOGY, PROSPECTING RIGHTS AND APPLICATIONS Year 1 Program N Ryuo Prospect North Kitano-o Prospects Ryuo Mine 0 5 10 Kilometers Setose Mine Kitano-o Mine 父 96,000 oz Gold Asahig, Axebang Min 父 Sakinzawa Toge Koki Mine ㄨ Kitano-o Prospect utahard-1 Mine Showa Mine Yahagi Mine Saroma - Jomon Corridor X Chitose Mine Hakushin Mine Taiho Mine Tahoku Mine Jonon 父 Muka Mine Tomimon Mine Tenryu Mine Tokoro-1 Mine Rubeshibe Mine 父 Tokpro-2 Mine Hosei Mine Legend Map Location • Hokkaido Ikutahara project prospecting rights Ikutahara project prospecting rights applications Kanehana project prospecting rights .... applications Quaternary sediment Miocene-Pliocene volcanics Cretaceous basement Refine drill targets on vein strike extensions and parallel vein zones at Ryuo, Saroma and Kitano-o (mapping, expand soil geochemistry and geophysics) Drill target at Kitano-o East Year 2 Program • Drill three targets at Kitano-o South District (3 prospects) Drill targets at Saroma-Jomon Corridor (4 prospects) Drill targets at Ryuo Prospect Jindal Mine Hyakuhou Mine X Souryu Mine Kokka Mine Taisei Mine 18 Japan Gold Corp. | Corporate Presentation | September 2023 Completed Soil geochemical grids Mine/workings ㄨ River JAPAN GOLD CORP.
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