Irving Resources Inc. (CSE:IRV) is pleased to announce its first two diamond drill holes completed at Omui Mine site, part of its 100% controlled Omu Gold Project, Hokkaido, Japan, have encountered high-grade Au-Ag vein intercepts. In addition, a recently completed deep hole at Omui Mine site has encountered multiple epithermal veins within the boiling zone at vertical depths of over 300 m.
Omui Mine Site Drilling Highlights:
|Summary of vein intercepts from holes 19OMI-001 and 19OMI-002:
|Hole||From (m)||To (m)||Length (m)||Au (gpt)||Ag (gpt)||Au Eq (gpt)|
|Au Eq = Au (gpt) + Ag (gpt)/85|
“We are excited by the high grades seen in our first two holes from Omui Mine site,” commented Dr. Quinton Hennigh, director and technical advisor to Irving. “Given these intercepts occur high in the system, we think they bode well for the discovery of further high grade veins within the boiling zone below. Our first deep hole, 19OMI-010, has intersected multiple veins displaying clear indications of boiling and provides us our first glimpse of the deeper part of the system at Omui. We eagerly await further assays from this exciting discovery at our Omu Gold Project.”
True widths of veins 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.
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