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Investor Presentaiton

1. SANRU • Sanru Mine past production of 225 Koz gold • District-scale NE structures localise the Sanru, Hokuryu and Omui mineralization Untested potential lies along the Sanru mine strike Major scale potential with multiple repeated structures supported by gold anomalies over 10 km area; many coincident historical workings Sapporo Map Location Hokkaido #00000 650000 10 Km Hokuryu 64 koz Au 379 koz Ag Omiya-zawa Mosanru Au Ag Jugosen-zawa Au-Ag 父 Sanru 225 koz Au 1.5 moz Ag Historic mine Drill hole Interpreted structure Quartz veins Sanru Project 77 Omui Au-Ag 850000 600000 JAPAN GOLD BLEG anomalies Au > 8 ppb Pliocene to Holocene Miocene First order structure Second order structure Godo Shigen tenement Project tenement Cretaceous to Jurassic Geology Hg Sb Se Te>2864 ppb Post min sediments and volcanics Andesite volcanics, Junisenzawa Rhyolite volcanics & Liparite Sandstone, mudstone, tuff and conglomerate Andesite volcanics, Shakingawa Rhyolite intrusive Basement 17 Japan Gold Corp. | Corporate Presentation | December 2023 Year 1 Program • Drill targeting work (soils and geophysics) over Sanru strike extension. Prospect evaluation of new gold-bearing structures Year 2 Program • Drill 17 JAPAN GOLD CORP.
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