Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Comey to be arraigned in federal court after...
Comey pleads not guilty in court after indictment...
Houthi rebels test US ceasefire with deadly strike...
Kushner joins Witkoff for Gaza ceasefire talks as...
Cuomo rips Mamdani’s freebie ‘fantasy,’ says AOC proved...
White House escalates shutdown consequences as Democrats show...
Moderate Dem undercuts Jeffries on ObamaCare compromise as...
MIKE DAVIS: The Supreme Court betrayed again —...
Senate Democrats defy White House warnings, again block...
Greta Thunberg slammed for using image of starved...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

End of Barrick Alliance Sends Japan Gold Shares Plummeting

by admin October 1, 2025
October 1, 2025
End of Barrick Alliance Sends Japan Gold Shares Plummeting

Japan Gold’s (TSXV:JG,OTC:JGLDF) shares sank at the start of the week after the Vancouver-based junior miner announced that its five-year strategic alliance with Barrick Mining (TSX:ABX,NYSE:B) will come to an end on October 31, 2025.

Established in February 2020, the partnership aimed to explore, develop, and potentially mine gold deposits across Japan that could meet the scale of Tier 1 or Tier 2 assets.

Over the life of the deal, Barrick invested about C$23.2 million (US$17.4 million) to fund geochemical and geophysical surveys across Japan Gold’s 3,000-square-kilometre portfolio and support limited scout drilling.

News of the termination rattled investors as shares of Japan Gold plunged more than 40 percent to C$0.12 on Monday (September 29), wiping out roughly C$30 million in market capitalization and leaving the company valued at about C$40.3 million. The stock is now trading at C$0.13 (October 1) roughly a third of where it stood in 2020 when the alliance began.

Despite the setback, Japan Gold’s leadership emphasized that Barrick’s exit does not change the company’s core view of Japan as a promising gold exploration frontier.

“Barrick’s involvement with Japan Gold over the last five years reflects the growing international interest in Japan as an emerging country with the potential for the discovery of new gold deposits, and we thank Barrick for their participation in this journey,” said John Proust, Japan Gold’s chairman and CEO.

“Japan Gold remains well-funded and committed to advancing its projects, and the geological prospectivity of Japan remains unchanged,” Proust added.

Under the alliance, Barrick narrowed its focus to three priority assets: Hakuryu, Togi, and Ebino. Early survey work identified the three as holding the strongest potential.

As part of the announcement, Japan Gold released details from its most recent campaign at Ebino, located in southern Kyushu’s Hokusatsu district.

Still, the company noted that the results confirmed extensions of a regional alteration system in an area that hosts the Hishikari mine, currently Japan’s only active large-scale gold operation, as well as multiple historic mines that together have produced more than 12 million ounces of gold.

With Barrick relinquishing all rights to the alliance projects, Japan Gold now regains full control of its entire Japanese portfolio.

The company plans to advance two district-scale areas in Kyushu and Hokkaido, in addition to the three former alliance properties, either on its own or through fresh joint ventures.

Management said it is already in discussions with other parties interested in its projects.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Skyharbour Resources
next post
Brixton Metals Drills 15m of 2.26 g/t Gold at the Trapper Gold Target

You may also like

Eskay Mining Wraps Up Summer Exploration, Prepares for...

August 27, 2024

Bold Ventures Announces Final Closing of Non-Brokered Private...

October 19, 2024

S&P Global: US Outpaced by Most Other Countries...

July 23, 2024

Crypto Market Recap: Bitcoin in Bear Market, SEC-Ripple...

April 17, 2025

5 Best-performing Gold Stocks on the TSX in...

July 17, 2025

Silver47 Announces Closing of $23 Million Brokered LIFE...

September 16, 2025

Brett Heath: Gold’s Setup is “Incredible,” US$3,000 in...

August 15, 2024

Lithium Universe Limited (ASX: LU7) – Reinstatement to...

September 30, 2024

Noble Completes Phase 1 Drilling on Boulder Project...

October 29, 2024

High Grade surface silver results up to 920g/t...

May 15, 2025

Recent Posts

  • Comey to be arraigned in federal court after being indicted for alleged false statements, obstruction
  • Comey pleads not guilty in court after indictment on alleged false statements, obstruction
  • Houthi rebels test US ceasefire with deadly strike on cargo ship
  • Kushner joins Witkoff for Gaza ceasefire talks as Trump pushes peace plan: ‘Cautiously optimistic’
  • Cuomo rips Mamdani’s freebie ‘fantasy,’ says AOC proved socialism fails after killing NYC Amazon deal

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (936)
    • Investing (3,147)
    • Politics (3,845)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 Sightful Invest. All Rights Reserved.