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Corporate Presentation

2. BUHO Defined drill targets based on historical drilling and geophysics; historical drilling intersected 3.5 m @ 21.8 g/t gold • Major district-scale NW structure localizes gold mineralization at Todoroki (188 Koz Au) and the under-explored Buho targets New areas are defined by alteration and geochemistry demonstrate potential for additional vein zone development along the NW structure to the NW JAPAN GOLD Pb Zn Au Buho West Buho Cu Zn Legend Japan Gold Prospecting Rights & Applications Barrick Alliance Initial Evaluation Phase Historic mines Rivers Access road Contours Historical geophysics survey area AUAg Historical drill collar Quartz vein Fault Quaternary sediment Volcanics 5 km Follow up anomalies 20 Japan Gold Corp. | Corporate Presentation | September 2023 Map Location Cu ㄨˋ Sapporo Cu Cu ㄨㄨˊ Hg Meiji Cu Nakanosawa Au Ag Nakanosawa ㄨ Todoroki Mine: 188,339 oz Gold 父 Au Ag Year 1 Program • Define additional drill targets in new areas (field mapping, ridge and spur soil sampling and geophysics) Year 2 Program • Drill JAPAN GOLD CORP.
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