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Post by Franko10 ™ on Mar 2, 2005 8:22:24 GMT -5
AUGUST 27, 2002
BLACKDOME SOUTH PROJECT ACQUISITION
The Board of Directors of J-Pacific Gold Inc. (the “Company”) is pleased to announce that the Company has staked a total of 283 claim units contiguous to the south of the Blackdome Gold Mine project in the Clinton mining division of British Columbia. Blackdome is held in a 50-50 joint venture with Jipangu Inc. of Tokyo, Japan and was a high grade operation producing over 240,000 ounces of gold at an average grade of 0.64 oz. Au/ton. These new claims have been named the “Blackdome South” project and are held 100% by the Company.
Blackdome South is an exploration project that was acquired by the Company to evaluate similar geology to that which hosted the rich Blackdome Mine. This large land package extends southerly to the north face of both the Red and French Mountains, approximately twelve kilometres from the workings of the Blackdome Mine.
Recorded exploration on the new project area consisted of geochemical sampling, geophysical surveys and trenching. Anomalous to highly anomalous pathfinder element results for epithermal gold deposits have been returned from this sampling.
Mr. Warner Gruenwald, P.Geo. has been retained by the Company to plan and manage the initial program, which will evaluate and extend the past exploration, and define targets for future trenching and drilling.
On behalf of the Board of Directors,
“N. Ferris”<br>President and CEO
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
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