Irving Resources Inc. is pleased to announce that it has reached agreement on a non-brokered equity private placement with a new strategic investor, Sumitomo Corporation , headquartered in Tokyo, Japan. The Financing will raise gross proceeds of US$2,500,000 by the issuance of 1,279,093 common shares of the Company. The proceeds from the Financing [...]
Irving Resources Inc. is pleased to announce that recent drilling at Omui Mine Site, part of its 100% controlled Omu Gold Project, Hokkaido, Japan, has encountered multiple epithermal vein intercepts. 2020 Omui Mine Site Drilling Summary: Hole 20OMI-001, collared approximately 70 m east-southeast of hole 19OMI-010 and oriented at -60 degrees [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]