Irving Updates Progress at Its Omu Gold Projects, Japan
Rhea-AI Summary
Irving Resources (IRVRF) has provided an update on its exploration activities at the Omu gold project in Hokkaido, Japan. Following an option agreement with JX Advanced Metals in November, the company completed a strategic diamond drill hole (24OMI-001) at the Omui historic mine site. The drill hole, positioned approximately 150m south of the Honpi vein, encountered extensive quartz veining and silicification from 35m to 101m depth.
The drilling aims to identify shallow, gold-bearing quartz veins and silicified ore that could be mined from the surface, potentially serving as silica flux for Japanese smelters. Irving and JX plan to drill three additional holes at Omui during 2025 to test for shallow veins and silicified ore. The company is currently conducting core logging, sawing, and sampling for assay of the completed drill hole.
Positive
- Successful completion of strategic drill hole with extensive quartz veining
- Partnership with JX Advanced Metals for project development
- Planned expansion with three additional drill holes in 2025
Negative
- No assay results available yet from the completed drill hole
- current drilling activity with only one hole completed
VANCOUVER, BC / ACCESS Newswire / January 23, 2025 / Irving Resources Inc. (CSE:IRV)(OTCQX:IRVRF) ("Irving" or the "Company") is pleased to provide an update on exploration activities at its Omu gold project, Hokkaido, Japan.
Omu Gold Project Update
In November, immediately following the consummation of an option agreement with JX Advanced Metals Corporation ("JX") over select areas at the Omu gold project (refer to the Company's news release dated November 13, 2024), Irving, under the direction of JX, drilled a single, strategically positioned diamond drill hole, 24OMI-001, at the Omui historic mine site (Figure 1). This hole was shallowly oriented toward the south testing an area up to approximately 150m south of Honpi, the main vein that was mined during the 1930's. Beginning at approximately 35m down hole depth, hole 24OMI-001 encountered extensive quartz veining and silicification to the end of the hole at 101m. The objective of this hole was to determine if there are shallow, gold-bearing quartz veins and silicified ore that could potentially be exploited by surface mining. This work is viewed as part of the vision to make Omu into a new source of gold-bearing silica flux for use in smelters in Japan. Irving is encouraged by the visual results from this drill hole which is currently being logged, sawn and sampled for assay. During 2025, JX and Irving plan to drill an additional three such holes testing more parts of Omui for shallow veins and silicified ore.
"Irving is back to work drilling at both East Yamagano and Omu," commented Quinton Hennigh, director and geologic advisor to Irving. "2025 has a lot in store. The current drill hole being drilled at East Yamagano, 24SY-002, displays abundant quartz veins, a promising sign. The first hole we have completed with JX at Omui appears to have encountered a considerable number of shallow quartz veins, an encouraging start to the strategically planned search for shallow silica here. We look forward to having a steady stream of updates and news from both drill programs throughout the year."
Quinton Hennigh (Ph.D., P.Geo.) 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 advisor and a director of Irving Resources Inc. 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. Additional information can be found on the Company's website: www.IRVresources.com.
Akiko Levinson,
President, CEO & Director
For further information, please contact:
Tel: (604) 682-3234 Toll free: 1 (888) 242-3234 Fax: (604) 971-0209
info@IRVresources.com
Forward-looking information
Some statements in this news release may contain forward-looking information within the meaning of Canadian securities legislation including, without limitation, statements as to planned exploration activities. Forward-looking statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, customary risks of the mineral resource exploration industry, the funding of planned drilling and other exploration activities, as well as the performance of services by third parties.
THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE
SOURCE: Irving Resources Inc
View the original press release on ACCESS Newswire
FAQ
What did Irving Resources (IRVRF) discover in their recent Omu gold project drilling?
How many additional drill holes does IRVRF plan to complete at Omui in 2025?
What is the purpose of IRVRF's drilling program at the Omui mine site?
When did Irving Resources (IRVRF) begin their latest drilling at the Omu project?
