Japan Gold Corp at Red Cloud Fall Mining Showcase Transcript
Today, I'm going to give you a brief update on our activities in the country and break it down into three specific areas of our business that are advancing all equally and quite substantially. We do have some forward-looking statements that I direct your attention to.
So I always start off with our investment rationale. Japan, as many of you may know, is a country that has for the last 80 years been completely underexplored and really not focused on by the international mining community because the of the government moratorium in 1943 that closed all the gold mines in 1943 in favor of allowing the workers to move into base metal mines and factories to support the Second World War.
And after the war, 64 mines that were closed during that period never did reopen. And so, there's this incredible legacy of closed mines in Japan and a wonderful endowment of gold resources that are yet to be exploited.
So in 2012, the mining law was changed in Japan to allow for the first time foreign companies and individuals to be able to enter
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