VANCOUVER, British Columbia, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to provide an update on exploration at its 100% controlled Omu Gold Project, Hokkaido, Japan.
Omu Sinter Drilling Highlights:
Complete table of significant gold-silver intercepts, Phase One drilling, Omu Sinter:
Hole | From (m) | To (m) | Length (m) | Au (gpt) | Ag (gpt) | Au eq (gpt) | Ag-to-Au ratio |
19OMS-001 | 61.20 | 62.66 | 1.46 | 5.15 | 13.0 | 5.31 | 2.5 |
including | 61.90 | 62.12 | 0.22 | 10.20 | 31.9 | 10.58 | 3.1 |
479.78 | 480.80 | 1.02 | 0.58 | 59.5 | 1.30 | 102.5 | |
19OMS-002 | 183.75 | 191.92 | 8.17 | 5.40 | 105.9 | 6.68 | 19.6 |
including | 184.39 | 185.72 | 1.33 | 29.77 | 575.7 | 36.71 | 19.3 |
including | 184.93 | 185.25 | 0.32 | 118.50 | 1410.0 | 135.49 | 11.9 |
196.15 | 197.73 | 1.58 | 1.32 | 18.1 | 1.54 | 13.7 | |
206.12 | 206.92 | 0.80 | 3.08 | 59.6 | 3.80 | 19.3 | |
229.03 | 251.60 | 22.57 | 0.83 | 24.6 | 1.13 | 29.6 | |
including | 231.90 | 232.90 | 1.00 | 1.58 | 43.4 | 2.10 | 27.5 |
including | 233.95 | 234.95 | 1.00 | 2.10 | 21.1 | 2.35 | 10.0 |
including | 242.00 | 242.80 | 0.80 | 1.87 | 80.8 | 2.84 | 43.2 |
including | 245.10 | 245.55 | 0.45 | 2.35 | 38.8 | 2.82 | 16.5 |
including | 249.40 | 250.40 | 1.00 | 0.98 | 85.7 | 2.01 | 87.4 |
257.70 | 260.80 | 3.10 | 0.86 | 33.6 | 1.26 | 39.0 | |
268.25 | 269.00 | 0.75 | 1.71 | 24.2 | 2.00 | 14.2 | |
272.00 | 275.60 | 3.60 | 1.17 | 44.3 | 1.70 | 37.8 | |
including | 274.00 | 275.60 | 1.60 | 1.36 | 57.8 | 2.06 | 42.5 |
281.60 | 283.30 | 1.70 | 2.22 | 57.1 | 2.91 | 25.7 | |
19OMS-003 | 261.60 | 261.80 | 0.20 | 1.43 | 127.0 | 2.96 | 88.8 |
356.10 | 357.40 | 1.30 | 3.65 | 27.5 | 3.98 | 7.5 | |
19OMS-004 | 177.59 | 178.37 | 0.78 | 1.85 | 444.0 | 7.20 | 240.0 |
184.97 | 186.39 | 1.42 | 1.24 | 51.0 | 1.85 | 41.1 | |
252.52 | 253.16 | 0.64 | 1.19 | 43.6 | 1.72 | 36.6 | |
279.93 | 280.65 | 0.72 | 1.36 | 14.8 | 1.54 | 10.9 | |
311.30 | 312.10 | 0.80 | 1.39 | 26.6 | 1.71 | 19.1 | |
19OMS-005 | 202.89 | 204.06 | 1.17 | 0.95 | 54.4 | 1.61 | 57.3 |
212.26 | 212.80 | 0.54 | 1.52 | 131.0 | 3.10 | 86.2 | |
217.10 | 217.62 | 0.52 | 1.05 | 49.5 | 1.65 | 47.1 | |
230.37 | 230.63 | 0.26 | 1.66 | 48.1 | 2.24 | 29.0 | |
237.00 | 237.50 | 0.50 | 1.18 | 35.0 | 1.60 | 29.7 | |
308.27 | 310.30 | 2.03 | 12.92 | 44.1 | 13.45 | 3.4 | |
including | 308.93 | 310.30 | 1.37 | 17.80 | 59.4 | 18.52 | 3.3 |
19OMS-006 | 136.50 | 139.50 | 3.00 | 1.18 | 656.3 | 9.09 | 556.2 |
138.50 | 139.50 | 1.00 | 2.57 | 1570.0 | 21.49 | 610.9 | |
174.13 | 174.96 | 0.83 | 2.36 | 9.4 | 2.47 | 4.0 | |
19OMS-007 | 176.50 | 177.25 | 0.75 | 1.43 | 15.4 | 1.62 | 10.8 |
178.00 | 178.80 | 0.80 | 1.45 | 19.2 | 1.68 | 13.2 | |
179.80 | 180.68 | 0.88 | 1.30 | 14.2 | 1.47 | 10.9 | |
304.10 | 310.10 | 6.00 | 0.73 | 159.3 | 2.65 | 218.2 | |
including | 304.10 | 305.10 | 1.00 | 1.35 | 686.0 | 9.62 | 508.1 |
19OMS-008 | 5.70 | 7.70 | 2.00 | 1.04 | 16.4 | 1.24 | 15.8 |
Au eq (gpt) = Au (gpt) + Ag (gpt)/83; assays from holes 19OMS-002 and 19OMS-005 previously released |
Omui Mine Site Exploration Update:
Hokuryu Exploration Update:
“Phase One drilling at Omu Sinter has yielded highly encouraging results,” commented Dr. Quinton Hennigh, director and technical advisor to Irving. “Expected “hit” rates when drilling epithermal veins is often 50% or less. We managed to intersect significant vein mineralization in seven of eight holes. Given these holes are widely spaced and that we appear to be above the prospective boiling level, Omu Sinter displays excellent potential for hosting a sizeable vein network. Well-defined targets generated by CSAMT will help guide Phase Two drill targeting slated to begin in January 2020.”
“At Omui Mine, our first holes at Honpi reveal multiple promising vein intercepts including one displaying ginguro and electrum in hole 19OMI-006,” continued Dr. Hennigh. “Current drill holes are testing some notable deep-rooted CSAMT anomalies at levels closer to the anticipated boiling horizon at around 350 m below surface. CSAMT results from Hokuryu display a robust system there. We have a long list of drill targets across the Omu region.”
True widths of vein intercepts discussed in this news release cannot be estimated at this time. Further drilling is needed to accurately assess vein orientations. All samples discussed in this news release are ½ split sawn diamond core samples. Irving submitted rock samples to ALS Global, 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 MS following three acid digestion. Irving staff and personnel from Mitsui Mineral Development Engineering Co., Ltd. (MINDECO) are responsible for geologic logging and sampling of core.
Quinton Hennigh (Ph.D., P.Geo.) is the qualified person pursuant to National Instrument 43-101 responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is a technical advisor and director of Irving Resources Inc.
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 Corporation (JOGMEC) for joint regional exploration programs in Republic of Malawi. JOGMEC is a government organization established under the law of Japan, administrated by the Ministry of Economy, Trade and Industry of Japan, and is responsible for stable supply of various resources to Japan through the discovery of sizable economic deposits of base, precious and rare metals.
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) 641-1214
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 availability to Irving of sufficient cash to fund any planned drilling and other exploration activities, as well as the performance of services by third parties.
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