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Irving Resources Encounters More High-Grade Gold and Silver at Omui Mine Site; Commences Drilling at Omu Sinter
VANCOUVER, British Columbia, Jan. 17, 2020 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce assays from fi
About this update from Irving Resources, Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, Jan. 17, 2020 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) 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 (Main Vein in English) encountered significant vein mineralization bringing the total number of holes to encounter significant veins to six out of seven, remarkable given the early stage of this project (please refer to assay table below). Exact strike, dip and true thicknesses of veins are unknown at this time, but it is believed variable vein orientations may be present. To date, significant results include: 19.25 gpt Au and 27.50 gpt Ag (19.57 gpt Au eq) over 1.00 m in hole 19OMI-001 6.05 gpt Au and 808.18 gpt Ag (15.56 gpt Au eq) over 1.80 m in hole 19OMI-002 3.52 gpt Au and 5.40 gpt Ag (3.58 gpt Au eq) over 1.50 m in hole 19OMI-004 2.07 gpt Au and 154.27 gpt Ag (3.88 gpt Au eq) over 1.30 m in hole 19OMI-005 7.35 gpt Au and 470.99 gpt Ag (12.89 gpt Au eq) over 1.60 m in hole 19OMI-006 11.89 gpt Au and 16.31 gpt Ag (12.09 gpt Au eq) over 2.25 m in hole 19OMI-007 The first seven holes were drilled along a north-south oriented fence and all test shallow-level veins situated well above the prospective boiling zone of the Omui system thought to be at a depth of approximately 350 m. One goal of these seven shallow holes was to ascertain where the highest density of shallow veining and mineralization is present to help target a deeper root feeder. A cross section along this drill fence (please refer to Figure 1) suggests such a target lies at depth near the south end of the drill fence or just beyond. This is an area where controlled-source audio-magnetotelluric (“CSAMT”) data indicates the presence of a broad, deep-rooted, northwest-trending electrically resistive zone is present. This feature is interpreted to be silicified rocks and associated veining generated by hydrothermal activity. As discussed in a Company news release dated December 17, 2019, hole 19OMI-010, the first deep hole drilled at Omui, tested the deep resistive feature discussed above. Following issuance of that news release, Irving staff logged, sawed and...