Ikutahara Project Overview

Japan Gold Independent Projects (wholly owned) • Two projects are held outside of the Barrick Alliance: one in Hokkaido and one in Kyushu JAPAN . • The Ikutahara and Ohra-Takamine projects are the most advanced in the Japan Gold portfolio Newmont has provided significant technical support and has a joint venture right of first refusal TSXV: JG | OTCQB: JGLDF 6543 N www.m GOLD CORP. JAPAN GOLD 10

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