- Irving Resources (IRV) has encountered high-grade veins at both diamond drill holes completed at its Omui mine site
- The Omui Mine is part of its Omu Au-Ag Vein Project in Hokkaido, Japan
- Hole 22OMI-001’s first of two veins encountered a very impressive intercept of 7.52 gpt Au eq over a true width believed to be around six metres
- High-grade veins encountered in hole 22OMI-002 suggest these two vein systems may prove to be connected
- Irving is a junior exploration company with a focus on gold in Japan
- Irving Resources Inc. is trading 2.06 per cent higher at $0.99 per share as of 11:35 a.m. ET
Irving Resources (IRV) has encountered high-grade veins at both diamond drill holes completed at its Omui Mine.
Part of its 100 per cent-controlled Omu Au-Ag Vein Project in Hokkaido, Japan, hole 22OMI-001 saw 7.39 gpt Au and 10.07 gpt Ag (7.52 gpt Au eq) over 8.58 metres within 4.44 gpt Au and 14.97 gpt Ag (4.63 gpt Au eq) over 15.25 metres, and a second interval of 7.55 gpt Au and 155.00 gpt Ag (9.49 gpt Au eq) over 0.79 metre.
Hole 22OMI-002 delivered 9.60 gpt Au and 63.30 gpt Ag (10.39 gpt Au eq) over 0.71 metre, a second intercept of 13.75 gpt Au and 23.13 gpt Ag (14.04 gpt Au eq) over 1.07 metre, and a third intercept of 12.50 gpt Au and 8.34 gpt Ag (12.60 gpt Au eq) over 1 metre.
One of the company’s directors and technical advisor, Dr. Quinton Hennigh, commented that both holes completed at Omui in the winter of 2022 have yielded significant high-grade vein intercepts.
“The first of two veins encountered in hole 22OMI-001 encountered a very impressive intercept of 7.52 gpt Au eq over a true width believed to be around six metres. High-grade veins encountered in the upper portion of hole 22OMI-002 occur in an area between Honpi and Nanko suggesting these two vein systems located approximately 0.5km from one another may prove to be connected, which would be a very encouraging discovery. Although we were not able to test the hanging wall feeder zone target during this drill program, we expect to soon be testing this area with our new drill that has just reached Japan. We are very excited to continue our exploration campaign at Omui with our new in-house drill team.”
Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, through a subsidiary, a Joint Exploration Agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC).
Irving Resources Inc. is trading 2.06 per cent higher at $0.99 per share as of 11:30 a.m. ET.