Japan Gold Corp at 121 Mining Investment Asia Pacific Conference(Virtual) Transcript
Good day, and welcome to the Japan Gold presentation. I'm John Proust, Chairman and CEO. My presentation will include some forward-looking statements. Japan Gold is the first mover into Japan based on a 2012 change in the mining law which allowed foreign companies to come into Japan and hold prospecting rights or mining rights.
As part of our first mover advantage, we were able to gain access to the full Japanese government database and study 64 closed mines that were closed in the Second World War in 1943 by the government and never reopened. In addition, we were able to provide significant input to Japan in terms of how to build a globally competitive permitting system.
And after two years of this preliminary work, Japan Gold was able to acquire over 30 gold projects. So we now have a portfolio of 31 projects that cover in excess of 40 historic gold mines in the country. We were very fortunate that in February of this year, we struck a country-wide strategic alliance with Barrick Gold that covers 29 of our 31 projects and it's
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