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Drilling Program at Omui Mine Site Resumed by Irving Resources Inc.

Irving Resources Inc. takes pleasure in announcing that it has restarted drilling at its fully controlled Omu Gold-Silver Project, Hokkaido, Japan. In the coming months, drilling will be centered on the Omui mine site at which Irving has created three high-grade drill targets—Nanko, Honpi, and Sakinyama.

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The recent conclusion of a controlled source audio-magnetotelluric (CSAMT) geophysical survey has pointed out the details about the basic alteration system at Omui and produced many top priority drill targets at the defined level of boiling in the hydrothermal system.

More information regarding the results from Omu property-wide CSAMT surveys will be offered soon in a press release. Furthermore, recent trenching at Omui has offered information related to the orientation and position of near-surface high-grade veins.

Irving has scheduled 5115 m of diamond drilling, of which 3100 m will be set aside for deep holes (+300 m) that test zones of strong resistivity identified to be regions of silicification potentially related to vein mineralization. The remaining drill meters will be for shorter holes that test down-dip extensions of outcropping high-grade veins, zones of stockwork veining, and vein breccias.

It is anticipated that Irving will finish about 2500–3000 m of this drill program by year-end, and depending on the weather, the drill will be shifted to carry out follow-up drilling at Omu Sinter at lower elevation. The rest of the scheduled Omui drill program will be finished in 2020 after snowmelt.

We are very excited to begin drilling at the Omui mining license site. 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 sq km entire Omu area in 2016.

Akiko Levinson, President and Director, Irving Resources Inc.


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