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Irving Resources Inc
Symbol IRV
Shares Issued 49,790,700
Close 2019-10-04 C$ 2.33
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Irving Resources resumes drilling at Omu

2019-10-07 09:17 ET - News Release

Mr. Akiko Levinson reports


Irving Resources Inc. has resumed drilling at its 100-per-cent-controlled Omu gold-silver project, Hokkaido, Japan. Over the next few months, drilling will focus on the Omui mine site where Irving has developed three high-grade drill targets: Honpi, Nanko and Sakinyama.

Recent completion of a controlled source audio-magnetotelluric (CSAMT) geophysical survey has highlighted details about the underlying alteration system at Omui and generated several high-priority drill targets at the interpreted level of boiling within the hydrothermal system. More details will be provided soon in a news release detailing results from Omu property-wide CSAMT surveys. In addition, recent trenching at Omui has provided information about the position and orientation of near-surface high-grade veins.

Irving has planned 5,115 metres of diamond drilling, 3,100 metres of which are allocated to deep holes (over 300 metres) that test zones of strong resistivity interpreted to be areas of silicification potentially associated with vein mineralization. The balance of drill metres will be allocated to shorter holes that test downdip extensions of outcropping high-grade veins, vein breccias and zones of stockwork veining. Irving anticipates completing approximately 2,500 to 3,000 metres of this drill program by year-end, weather dependent, at which point the drill will be repositioned to conduct follow-up drilling at Omu Sinter at lower elevation. The balance of the planned Omui drill program will be completed in 2020 after snow melt.

"We are very excited to begin drilling at the Omui mining licence site," commented Akiko Levinson, president and director of Irving. "Omui is one of three targets (Omui, Omu Sinter, Hokuryu) at our Omu gold-silver project, but its high-grade veins attracted us to the over 160-square-kilometre entire Omu area in 2016."

About Irving Resources Inc.

Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, through a subsidiary, a project venture agreement with Japan Oil, Gas and Metals National Corp. for joint regional exploration programs in the Republic of Malawi.

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