Mr. Akiko Levinson reports

IRVING RESOURCES REPORTS ON DRILLING IN YAMAGANO MINING RIGHT AT THE YAMAGANO JOINT VENTURE, KYUSHU, JAPAN

Drilling has advanced within the Shimadzu Ltd.-owned mining right, located immediately west of the East Yamagano exploration right, the location where the Yamagano joint venture (JV) had previously been drilling.

The Yamagano JV is a joint venture between Newmont Overseas Exploration Ltd. (a wholly owned subsidiary of Newmont Corp.), Sumitomo Corp. and Irving Resources Inc. The initial and current interests of the parties in the joint venture are Newmont 60 per cent, Sumitomo 12.5 per cent and Irving 27.5 per cent.

Drilling on the Shimadzu mining right

In connection with the option agreement executed between Irving and Shimadzu, drilling within the Yamagano mining right held by Shimadzu has the potential to become an added component of the Yamagano project. The Yamagano JV operating committee decided to initiate a drilling program in mid-2026 after issuance of the required permit and other technical reviews.

The approximately 400-year history of past gold production at the closed Yamagano gold mine has taken place entirely within the Shimadzu-held Yamagano MR. Nearly 50 mineralized veins were identified historically within the lease area. Irving's view is that only a limited number of these veins have been systematically developed. In the northern part of the broader Yamagano vein system, little formal mining has been conducted historically.

The first drill hole has been completed and a second hole is now in progress in the Yamagano MR. Drilling of 26YY-001 (length of 699.7 metres; azimuth of 357 degrees; dip of minus-45 degrees) commenced on June 10 and was completed on Sept. 28. Assay results are currently pending. Drilling of 26YY-002 (planned length of 800 metres; azimuth of 175 degrees; dip of minus-55 degrees) commenced on Oct. 27.

Very little exploration drilling has historically been conducted within the Yamagano MR. These two holes target potential mineralization beneath the postmineralization Hokusatsu younger andesite and along the eastern extension of the known mineralized veins, with the aim of assessing previously unrecognized mineralization.

Drill sites were selected in light of the Yamagano project's exploration standards of lying on the margins of or within areas characterized by high to moderate resistivity identified by AMT (audio magnetotellurics), low to moderate magnetic intensity and elevated gravity. To date, government approval has been obtained for up to six drill pads and eight drill holes within the Yamagano MR.

Dr. 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 through a review of photographs of core prior to and after sawing and sampling, and an 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 the completion of a plan of arrangement involving Irving, Gold Canyon Resources Inc. and First Mining Finance Corp.

We seek Safe Harbor.