Irving Resources Acquires Two Gold Projects and Expands Omu Gold Project in Hokkaido, Japan
IRVING RESOURCES INC.
999 Canada Place, Suite 404
Vancouver, B.C., Canada V6C 3E2
February 4, 2019
NEWS RELEASE
Irving Resources Acquires Two Gold Projects
and Expands Omu Gold Project in Hokkaido, Japan
Vancouver, British Columbia , February 4, 2019 (Globe Newswire) – Irving Resources Inc. (CSE:IRV)
(“Irving” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Irving Resources
Japan GK, has recently acquired two new gold projects in Hokkaido, Japan.
Shimokawa Gold Project
Irving recently filed applications for 15 mineral prospecting licenses totaling 48.50 sq km (4,850 hectares)
at Shimokawa, an area prospective for hot spring epithermal gold mineralization (Figure 1) . All
applications have been accepted by the Ministry of Economy, Trade and Industry (“METI”), Hokkaido
Bureau, and a multi-step review now begins for final approval. Mitsui Mineral Development Engineering
Co., Ltd. (“MINDECO”) is assisting the Company throughout the process.
Irving identified this area as prospective upon discovery of extensive, stacked hot spring silica terraces.
The exceptional continuity of these terraces suggests they may have formed in a shallow lake or bay, and
Irving believes the feeder structures that generated these deposits are a potential target for high -grade
gold-silver veins like those found at the Company’s Omu project 25 km northeast of Shimokawa. Irving
plans to undertake stream sedim ent sampling as well as preliminary mapping and prospecting at
Shimokawa during the 2019 field season.
Engaru Gold Project
Near the town of Engaru, Irving recently filed applications for 25 mineral prospecting licenses totaling
84.42 sq km (8,442 hectares) covering an area a few km south of the historic Konomai gold field . All
applications have been accepted by METI, and a multi-step review now begins for final approval.
Reconnaissance prospecting near Engaru by Irving geologists in November, 2018, led to discovery of
several areas of epithermal quartz vein float within a sub -basin of Miocene intermediate and felsic
volcanic rocks. Hot spring silica sinter deposits, some with fossilized wood, are also present at Engaru.
Like Shimokawa, Irv ing believes the feeder structures that fed these deposits are a potential target for
high-grade gold-silver veins. Irving plans to undertake stream sediment sampling as well as preliminary
mapping and prospecting at Engaru during the 2019 field season.
Omu Gold Project Additions
Irving recently filed applications for five mineral prospecting licenses totaling 16.26 sq km (1,626
hectares) extending its Omu gold project further west. The Omu gold project now encompasses 168.29 sq
km (16,829 hectares). These tenements cover prospective areas west of the recently discussed Hokuryu
West high grade vein float samples (please refer to the Company’s news release dated October 19, 2018
for further details). All applications have been accepted by METI, and a multi-step review now begins for
final approval.
Quinton Hennigh (Ph.D., P.Geo.) is the Qualified Person pursuant to National Instrument 43 -101
responsible for, and having reviewed and approved, t he technical information contained in this news
release. Dr. Hennigh is a technical advisor and director of Irving Resources Inc.
About Irving Resources Inc.:
Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, throug h a
subsidiary, Project Venture Agreements with Japan Oil, Gas and Metals National Corporation (JOGMEC)
for joint regional exploration programs in the United Republic of Tanzania, the Republic of Malawi and
the Republic of Madagascar. JOGMEC is a government organization established under the law of Japan,
administrated by the Ministry of Economy, Trade and Industry of Japan, and is responsible for stable
supply of various resources to Japan through the discovery of sizable economic deposits of base, precious
and rare metals.
Additional information can be found on the Company’s website: www.IRVresources.com.
Akiko Levinson,
President & Director
For further information, please contact:
Tel: (604) 682 -3234 Toll free: 1 (888) 242 -3234 Fax: (604) 6 41-1214
Forward-looking information
Some statements in this news release may contain forward -looking information within the meaning of Canadian securities
legislation. Forward-looking statements address future events and conditions and, as such, involve known and unknown risks,
uncertainties and other factors which may cause the ac tual results, performance or achievements to be materially different from
any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitat ion,
customary risks of the mineral resource exploration industry as well as Irving having sufficient cash to fund any planned drilling
and other exploration activities.
THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS
RELEASE.
(Figure 1: Map showing Irving’s Hokkaido mineral prospecting licenses.)