Irving Resources Inc. is pleased to announce it has signed a non-binding term sheet with Shimadzu Ltd. to acquire the 5.25 sq km Yamagano mining license, site of extensive historic high-grade gold vein mining in southern Kyushu, approximately 11 km southwest of the large, high-grade Hishikari gold mine . Irving and Shimadzu have begun work on a definitive mineral property option agreement; the terms of the option [...]
Irving Resources Inc. is pleased to announce it has recently completed four diamond drill holes at Omu Sinter and has now resumed drilling at Omui Mine Site, both targets being part of its 100% controlled Omu Gold Project, Hokkaido, Japan. Following review of the COVID-19 situation in the Omu region, an area where no confirmed cases have been reported, and after developing strict operational guidelines, Irving has decided [...]
Irving Resources Inc. reports that the private placement with Newmont Corp. announced in the Company’s news release of February 13, 2020 has closed. Gross proceeds of US$4,000,000 were raised through the issuance of 1,400,744 common shares of Irving. The shares issued in this private placement are subject to a hold period in Canada expiring on June 20, 2020. The funds from this private placement have been allocated [...]
Irving Resources Inc. reports that the investment agreement entered into in April 2019 between Irving and Newmont Corp. has been amended such that the two additional private placements which Newmont has the right to require the Company to undertake are now in the amounts of US$4,000,000 as to the first additional private placement, and US$2,000,000 as to the second additional private placement. In addition, Newmont has [...]
Irving Resources Inc. is pleased to announce diamond drill hole 19OMI-010 encountered 21 significant Au-Ag veins at Omui mine site, part of its 100% controlled Omu Gold Project, Hokkaido, Japan. Hole 19OMI-010 was the first hole testing the interpreted boiling level of the paleo-hot spring system at this important target. Given the success of this hole, Irving believes the large, deep-rooted resistive feature defined by [...]
Irving Resources Inc. is pleased to announce assays from five shallow diamond drill holes completed at Omui Mine site, part of its 100% controlled Omu Gold Project, Hokkaido, Japan, in late 2019. Omui Mine Site Drilling Highlights: Four of five shallow holes testing an area around the historic Honpi encountered significant vein mineralization bringing the total number of holes to encounter significant veins to six out of [...]
Irving Resources Inc. is pleased to announce the addition of Haruo Harada to its board of directors. In addition, Mr. Harada will also take the role of President of Irving Resources Japan GK, Irving’s 100% owned Japanese subsidiary. Mr. Harada graduated from Kagoshima University with a B.Sc. and M.Sc. in Science and has over 30 years experience in mineral exploration around the globe. Over the past three years, he [...]
Irving Resources Inc. 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: The [...]
Eric Sprott announces that on November 8, 2019, he , exercised 1,250,000 common share purchase warrants of Irving Resources Inc. at a price of $0.55 per unit for total consideration of $687,500 and, together with Irving Resources' previous treasury issuances, resulted in a decrease in holdings of approximately 7.6% of the outstanding common shares since the filing of the last early warning report. Prior to the exercise of [...]
Irving Resources Inc. is pleased to provide an update on exploration at its 100% controlled Omu Gold Project, Hokkaido, Japan. Omu Sinter Drilling Highlights: All eight widely spaced diamond drill holes at Omu Sinter encountered significant gold-silver mineralization including notable vein intercepts in seven of eight holes as follows: 1.33 m of 29.77 gpt Au and 575.7 gpt Ag including 0.32 m of 118.5 gpt Au and 1,410.0 [...]
Irving Resources Inc. is pleased to announce drilling has resumed at its 100% controlled Omu Gold-Silver Project, Hokkaido, Japan. Over the next few months, drilling will focus on the Omui mine site where Irving has developed three high-grade drill targets, Honpi, Nanko and Sakinyama. Recent completion of a controlled source audio-magnetotelluric geophysical survey has highlighted details about the underlying alteration [...]
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 1,370,000 common shares at an exercise price of $2.70 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 [...]
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