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Investor Presentaiton

ING Gold Mining in Japan IRV:CNX Since the beginning of the Edo period (1601), over 20 Moz of gold have been produced from Japanese gold mines...the top five being Hishikari, Sado, Konomai, Kushikino and Taio. All of these mines exploit high- grade epithermal deposits. Hishikari mine (Sumitomo Metal Mining Co. Ltd.), Japan's largest gold mine, has produced over 7 Moz Au (as of March, 2015) since its discovery in 1981. Current head grades are around 30 gpt Au. Considerable reserves and resources remain. Japan's second largest gold mine, Sado Kinzan (Mitsubishi Materials Corporation), produced 2.51 Moz Au and 74 Moz Ag over a continuous mine life of 388 years beginning in 1601. Grades averaged 5.2 gpt Au and 153 gpt Ag. Konomai mine (Sumitomo Metal Mining Co. Ltd.), Japan's third largest gold mine, produced 2.35 Moz Au and 38.6 Moz Ag between its discovery in 1915 and mine closure in 1973. Kyushu Shikoku Hokkaido Honshu Tokyo N 800 km 6
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