Investor Presentaiton

4. KUSHIKINO-IRIKI Comprehensive information available from adjacent Kushiko Mine (1.8 Moz gold) and MMAJ data sets High priority project with very anomalous geochemistry and concealed areas extending along strike from Kushikino Pleistocene to Holocene Pliocene Oita 0 1.25 2.5 5 N Km Kyushu Nagasaki Kumamoto Miyazaki Map Location Kagoshima Geology Alluvium, rhyolite/dacite pyroclastics and andesite volcanics Basalt and andesite volcanics Undifferentiated andesitic and dacitic volcanics (Hishikari Lower Andesite in Ebino area) Basalt volcanics Andesite volcanics Andesite and dacite volcanics Rhyolite volcanics Yaeyama sediments Pre/Syn Min Post Min Kushikino 1.8 Moz @ 6.7 g/t Au JAPAN GOLD Year 1 Program Generate drill targets by modelling of existing data set to define data gaps and subsequent required programs, (soil grids and geophysics) Year 2 Program Kushikino-Iriki Project Drill high priority targets Historic mines Drillholes Coast line Vein deposits Structure 1st Order structures 2nd Order structures Silica alteration Hydrothermal alteration Third Party tenement Project tenement 24 Japan Gold Corp. | Corporate Presentation | December 2023 Yeayama Project JAPAN GOLD CORP.

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