Irving Resources Inc.

Irving Resources is pleased to announce the closing of its private placement with Newmont Corp and concurrent private placement of units, both announced in the Company’s news release of June 20, 2022. Newmont invested US$4,400,000 by way of the issuance of 4,577,788 common shares of the Company at a purchase price of C$1.23 per share. In addition, gross proceeds of C$2,974,540 were raised under the Unit Placement by the [...]

Irving Resources is pleased to announce that both diamond drill holes completed at the Omui mine site, part of its 100% controlled Omu Au-Ag Vein Project, Hokkaido, Japan, have encountered high-grade veins. Summary of Winter Diamond Drill Holes Completed at Omui Mine Site: Highlighted vein intercepts from the two holes completed at Omui mine site during winter 2022 include: 7.39 gpt Au and 10.07 gpt Ag (7.52 gpt Au eq [...]

Irving Resources is pleased to welcome Crescat Capital as lead strategic investor in the private placement of units announced in Irving’s news release of June 20, 2022. Crescat has agreed to invest $1 million by subscribing for 1 million Units. Each Unit will consist of one Common Share and one-half of one Common Share purchase warrant, each whole Warrant entitling the holder to purchase one Common Share at a price of [...]

Irving Resources reports that the investment agreement entered into between Irving and Newmont Corp in April 2019, as amended, has been further amended such that the next private placement which Newmont has the right to require the Company to undertake is now in the maximum amount of US$4,400,000. In addition, Newmont has the right to require the Company to undertake a further private placement in the amount of [...]

Irving Resources is pleased to announce it has purchased two new diamond drills for its exploration programs in Japan. A new Zinex A5 diamond drill has been secured through GeoTech Drilling Services Ltd., Prince George, British Columbia, and is anticipated to be shipped to Japan this week, arriving mid-July. In addition, a new LF90DT diamond drill has been secured through Boart Longyear, Adelaide, South Australia, and is [...]

Irving Resources Inc. is pleased to provide an exploration update from its 100% controlled Omu Au-Ag Vein Project, Hokkaido, Japan. Summary of First Diamond Drill Hole Completed at Hokuryu: The first diamond drill hole completed by Irving at the Hokuryu vein target has encountered two high-grade Au-Ag veins . Although this hole was temporarily terminated at a depth of 294.7m upon a heavy snow event in October, 2021, and [...]

Irving Resources Inc. is pleased to announce recent diamond drilling has encountered high-grade vein intercepts and assays confirm the presence of an extensive lower mineralized system at the Omui Mine Site, part of Irving's 100% controlled Omu Au-Ag Vein Project, Japan. Summary of High-Grade Vein Intercepts and Lower Mineralized System at Omui Mine Site: Significant vein intercepts from the West Honpi extension [...]

Irving Resources Inc. announces that pursuant to the Company's stock option plan, it has granted incentive stock options to its directors, officers, employees and consultants to purchase an aggregate of 1,745,000 common shares at an exercise price of $1.09 per share. The stock options have a term of three years, subject to one-third of the grant vesting every six months from grant day with full vesting in the first 18 [...]

Irving Resources Inc. is pleased to provide an update and announce plans of work on its Yamagano and Satsuma Au-Ag Vein Projects under the Newmont Alliance, Kagoshima Prefecture, Kyushu Island, Japan. Summary: Irving Resources recently secured an office near Kagoshima airport from which the Company will oversee operations at all of its Kagoshima exploration projects . To oversee regional operations, Irving welcomes Mr [...]

Irving Resources Inc. is pleased to announce it has discovered a new, buried hot spring system immediately beneath areas previously targeted with shallow drilling at the Omui Mine Site, part of Irving's 100% controlled Omu Au-Ag Vein Project, Hokkaido, Japan. Also, the Company completed one diamond drill hole at Hokuryu, also part of the Omu Au-Ag Vein Project with at least one notable vein intercept. Summary of New [...]