Japan-Focused Gold Explorer Intersects High Grades in Every Hole at Hokkaido Target

Irving Resources reported it encountered high grade vein intercepts in every hole drilled at the Omui Mine Site's Nanko target and is now initiating its 2021 drill program targeting Omu Sinter.

In a news release, Vancouver-based mineral exploration company Irving Resources Inc. (IRV:CSE; IRVRF:OTCQX) reported that assay results from recent diamond drill work completed at the Nanko vein target displayed high grade gold-silver vein intercepts. The firm noted that Nanko is just one of two robust mineralized vein targets at the Omui Mine Site that is part of its 100%-controlled Omu Gold Project located on the island of Hokkaido in northern Japan.

Irving Resources explained that the four holes, 20OMI-006 thru 20OMI-009, were concentrated on the eastern part of the Nanko target area and were drilled with the objective of identifying the scope and direction of various veins encountered. The company stated that each of these holes successfully intersected multiple vein intercepts.

The firm reported that for hole 20OMI-006 assay results showed 2.39 m of 6.77 g/t Au eq (5.22 g/t Au and 103.6 g/t Ag). In addition, hole 20OMI-007 returned 2.99 of 4.74 g/t Au eq and hole 20OMI-008 data measured 2.00 m of 4.37 g/t Au eq.

The company highlighted the results from the fourth diamond drill hole 20OMI-009, which returned 1.87 m of 10.27 g/t Au eq (8.88 g/t Au and 93.1 g/t Ag) along with a second separate interval of 6.50 m of 4.73 g/t Au eq (4.37 g/t Au and 24.4 g/t Ag), including 2.51 m of 9.74 g/t Au eq (9.21 g/t Au and 35.2 g/t Ag).

The company provided a detailed summary of assay results from all the holes drilled at the Nanko vein target area during 2020. "Every drill hole completed at Nanko in 2020 encountered multiple significant vein intercepts, a clear sign of a robust vein system underlying the area," the company stated, adding that the vein system is open in all directions and that it believes that there is a very good probability that the Nanko veins will connect with the extensive Honpi vein system target located about 600 meters to the northwest.

The firm stated that Omui Mine Site contains at least two principal vein orientations and that it plans to conduct a structural study of the vein system during H1/21. The company advised that the data gathered from the study will be utilized in planning its 2021 infill and step-out drill programs at the Honpi and Nanko targets.

Irving Resources reported that it mobilized Rodren's drill crews to commence the 2021 drill campaign after the Japanese government lifted COVID-19 travel restrictions. The drill team members reportedly arrived in Japan a few days ago and after a required 14-day self-quarantine period will restart drilling at Omu Sinter to complete three of the four holes at that site. The company pointed out that the Omu region has experienced very few COVID-19 cases and Irving is continuing its operation complying with strict safety guidelines.

Irving Resources Director and Technical Advisor Dr. Quinton Hennigh commented, "Remarkably, all eight diamond drill holes completed at Nanko during the latter half of 2020 returned multiple vein intercepts...To see a hit rate like this in an epithermal vein system in early stage drilling is a good sign that we have discovered a robust, well-preserved vein system at Nanko. The vein network is wide open in all directions, and we see evidence in our CSAMT data that Nanko connects with the Honpi vein network 600 meters northwest."

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