Ms. Akiko Levinson reports
IRVING RESOURCES DISCOVERS HIGH-GRADE FEEDER AT OMU SINTER
Irving Resources Inc. has released strong assay results from newly discovered feeder style mineralization at its Omu Sinter epithermal gold-silver project located in Omu, Hokkaido, Japan. Diamond drill hole 26OMS-002, a 53-metre vertical hole drilled near the eastern margin of the sinter target earlier this year, intercepted 0.98 gram per tonne Au (gold) and 68.96 gpt Ag (silver) (2.06 gpt AuEq (silver equivalent)) over 47.7 m beginning at the top of bedrock and continuing to the end of the hole. Included within this intercept is a higher-grade subinterval grading 4.05 gpt Au and 54.71 gpt Ag over 7.0 m with a further subinterval of 10.68 gpt Au and 187.81 gpt Ag over 1.05 m. Silver is notably elevated in this newly discovered zone. Results referred to in this news release are not necessarily representative of mineralization throughout the Omu Sinter project.
This is the first instance of such high-grade mineralization being encountered in the shallow geologic environment at Omu Sinter. Before hole 26OMS-002, no hydrothermal feeder was identified. Further exploration is strongly warranted in areas immediately adjacent to and below this drill hole. The company is in the process of filing applications for an aggressive drill program to follow up on this important discovery.
In early 2026, two shallow, vertical diamond drill holes, 26OMS-001 and 26OMS-002, were completed along the eastern fringe of Omu Sinter. In addition to the strong results from hole 26OMS-002 discussed above, hole 26OMS-001 intercepted a 22.18 m interval of silica sinter grading 0.56 gpt Au and 10.36 gpt Ag (0.72 gpt AuEq). Full results from both holes are summarized in the attached table.
AuEq equals Au plus (Ag divided by 64); recovery of both Au and Ag is expected to be 95-plus per cent as smelter flux; true width of this newly discovered feeder zone cannot be established without further data.
Silica contents from the 22.18 m intercept in hole 26OMS-001 are high, and in line with other nearby intercepts of silica sinter. In hole 26OMS-002, silica contents are modestly lower, a reflection of the fact that mineralization comprises a network of silica veins and breccias hosted by a variety of volcanic and siliciclastic rocks. In other words, the elemental components of these other rock types slightly dilute their silica contents.
Additional drilling is ongoing at Omu Sinter conducted by Irving under the direction of earn-in partner, JX Advanced Metals Corp. JX Advanced Metals is funding drilling as part of its three-year option agreement outlined in the company's news release dated Nov. 13, 2024, whereby JX may earn a 75-per-cent interest at Omu Sinter Pit (covering 1.962 square kilometres) to a depth of approximately 50 metres below sea level and is in the process of collecting sufficient technical data to determine if the deposit can make a suitable source of silica flux for the Japanese smelting industry.
"Assays from 26OMS-002 confirm our early suspicion that we have discovered the hydrothermal feeder for Omu Sinter along its eastern margin," commented Dr. Quinton Hennigh, technical adviser and a director of Irving. "Finding high-grade precious metals in the shallow environment is a first, and we think this bodes well for the discovery of a more substantial deposit at depth. It is within the boiling zone in epithermal systems that bonanza grades can occur. That typically lies at a few hundred metres depth. Given that we now have clear sight on the structural feeder, we plan to test the deeper part of this zone with aggressive drilling starting later this year. We are thrilled to see this story unfold like it is."
All samples discussed in this news release are one-half split sawn diamond core samples. company staff are responsible for geologic logging and sampling of core. Irving staff submitted samples to ALS Global, Perth, Australia, for analysis. Au and Ag were analyzed by fire assay with AA finish. Overlimit samples were assayed by fire assay with gravimetric finish. Multielements were analyzed by mass spectrometry following four-acid digestion. SiO2 (silica) percentage was calculated by XRF (X-ray fluorescence) following a lithium borate fusion with the addition of strong oxidizing agents to decompose sulphide-rich ores. Irving routinely inserts standard and blank samples in assay batches submitted to the laboratory. Au equivalent is calculated by adding Au (gpt) to Ag (gpt) divided by 64.
Quinton Hennigh (PhD, PGeo) is the qualified person pursuant to National Instrument 43-101 -- Standards of Disclosure for Mineral Projects responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is a technical adviser and a director of Irving, and has verified the data disclosed including sampling, through review of photographs of core prior to and after sawing and sampling, and analytical, through review of standard and blank analyses.
About Irving Resources Inc.
Irving is a junior exploration company with a focus on gold in Japan. Irving resulted from completion of a plan of arrangement involving Irving, Gold Canyon Resources Inc. and First Mining Finance Corp.
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