Japan Gold Launches 3D IP Geophysical Survey at Bajo Project

Executive Summary

• Japan Gold Corp. has commenced a 3‑dimensional Induced Polarization (3D IP) and resistivity geophysical survey at its Bajo Project in Kyushu, Japan to refine future drill targeting.
• The survey covers an 8 km × 5 km area (~24 line‑kilometres) and will be executed by Zonge Engineering and Research Organization using GDD receivers and a multi‑channel transmitter for high‑quality data acquisition.
• The company terminated its marketing Services Agreement with CanaCom Group, effective February 25 2026, and received an agreement for a refund of unprovided services.

Key Details

• Survey Scope & Design – 3D IP survey area: ~8 km × 5 km; total line‑kilometres: ~24 km. Utilises GDD receivers and a transmitter to enable full 3D inversion modeling as well as individual 2D line evaluations.
• Purpose – To generate a detailed subsurface dataset that will improve interpretation of geology, refine exploration targets, and prioritize follow‑up drilling at the Bajo Project.
• Contractor – Survey conducted by Zonge Engineering and Research Organization (Aust) Pty Ltd., following a prior CSAMT/AMT survey at the Hakuryu Project in Hokkaido.
• Historical Context – The Bajo Mine historically produced ~421,000 oz Au, with the Sakuru‑Hi vein reporting grades of 125.9 g/t Au and 557 g/t Ag.
• Qualified Person – Technical information reviewed and approved by Vice President of Exploration Jason Letto, B.Sc., P.Geo., a Qualified Person under NI 43‑101.
• Service Agreement Termination – Japan Gold terminated the “CanaCom Agreement” with 2686362 Ontario Corporation dba CanaCom Group; the agreement had originally included marketing services and a $110,000 subscription for common shares in a private placement closed Aug 25 2025. The TSX Venture Exchange did not accept the agreement per Policy 3.4; termination effective Feb 25 2026 with a refund to be provided for undelivered services.

Notable Quotes

• “The detailed 3D dataset is expected to enhance interpretation of the subsurface and guide the Company in refining exploration targets and prioritizing follow‑up work.” – John Proust, Chairman & CEO, Japan Gold Corp.