Ikutahara Project Overview

2021 Highlights On April 22, 2021, the Company announced high-grade gold assays from surface sampling at its Barrick Alliance Togi Project, on the Noto Peninsula of Honshu Island On May 26, 2021, the Company reported the commencement of Phase 1 drilling of 3 drill holes at the Ryuo prospect located within the Ikutahara Project in the Kitami Region of northeast Hokkaido, Japan On July 8, the Company closed an upsized and significantly oversubscribed C$17 million non-brokered private placement of 48,571,429 shares of the Company at a price of C$0.35 per Share On August 4, 2021, the Company announced acceptance by the Japanese Ministry of Economy, Trade and Industry ("METI") of 51 new prospecting rights applications covering approximately 145 sq km surrounding its Barrick Alliance Togi Project, on the Noto Peninsula of Honshu Island On September 14, 2021, the Company intersected high- grade veins in first drill holes at the Ryuo prospect: • 4.9 m @ 12.1 g/t Au & 33.0 g/t Ag from 60.6 m, incl. 0.55 m @ 59.4 g/t Au & 49.4 g/t Ag from 63.9m 2.12 m @ 6.3 g/t Au & 12.6 g/t Ag from 81.2 m TSXV: JG | OTCQB: JGLDF JAPAN GOLD CORP. 3

View entire presentation