Irving Receives Strong Drill Results from Both the Omui and Omu Sinter Targets, Omu Gold-Silver Project, Hokkaido, Japan

Core Insights - Irving Resources Inc. has reported strong drilling results from the Omui and Omu Sinter targets at its Omu Gold-Silver project in Hokkaido, Japan, indicating broad mineralized intercepts at shallow depths suitable for smelter flux [1][4]. Drilling Results - The first low-angle diamond drill hole, 24OMI-001, encountered 101.1 meters grading 1.14 gpt Au, 16.0 gpt Ag, and 84% silica [2]. - Five shallow holes drilled at Omui define a north-south mineralized corridor approximately 200 meters long, with mineralization open to the north and south [3]. - Significant results from the drilling program include: - Hole 25OMI-001: 33.47 meters grading 0.62 gpt Au, 12.06 gpt Ag, and 83.3% silica [2]. - Hole 25OMI-002: 26.38 meters grading 2.50 gpt Au, 22.03 gpt Ag, and 78.9% silica, including a high-grade zone of 24.22 gpt Au and 173.40 gpt Ag over 2 meters [2][3]. - Hole 25OMI-004: 28.25 meters grading 0.91 gpt Au, 10.30 gpt Ag, and 81.4% silica [2]. Mineralization Characteristics - The mineralized intercepts are located within 50 meters of the surface, making them potentially suitable for small-scale open-pit extraction [3]. - Hydrothermal silicification is associated with gold-silver mineralization, with silica contents typically ranging from 80-90%, which is essential for smelter flux [4]. Omu Sinter Drilling - A vertical diamond drill hole, 25OMS-001, at Omu Sinter yielded a 41.81-meter thick high-silica gold-silver intercept with an average silica content of 96.6% [5]. - The true width of this intercept is approximately 100% of the drill width, indicating its suitability for potential small-scale open-pit extraction [6]. Future Plans - Irving and its partner, JX Advanced Metals Corporation, are discussing next steps to advance the Omui project towards becoming a significant source of smelter flux in Japan [4][7].