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Irving Resources Expands Sinter Target at its Omu Au-Ag Project, Hokkaido, Japan
VANCOUVER, British Columbia, June 27, 2018 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce that its expan
About this update from Irving Resources, Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, June 27, 2018 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce that its expanded drone-based magnetic survey covering areas between the historic high-grade Omui Au-Ag mine and the recently discovered Omu sinter has greatly expanded the targeted area for high-grade epithermal vein mineralization. In a news release dated January 22, 2018, Irving presented results from its 2017 drone-based magnetic survey covering areas immediately around Omui mine and Omu sinter. A potential structural link, expressed as a sharp gravity gradient, was identified between the two areas (please refer to the Company’s news release dated December 6, 2017 for further details). Irving decided to expand its magnetic survey to further explore this structural zone believed important for focusing hot spring fluids capable of generating high-grade veins like those exploited at Omui mine. Figure 1 shows residual magnetic intensity of the expanded survey area. Data highlights a well-defined zone of anomalously low magnetism extending from the coast near the Omu sinter southward for nearly 10 km to Omui mine. This zone is coincident with the gravity gradient anomaly already recognized in this area (Figure 2) confirming this to be a major, potentially mineralizing fault. The northernmost 4.5 km of the residual magnetic intensity anomaly displays profoundly low magnetism. Irving believes this may reflect intense destruction of magnetic minerals, particularly magnetite, by mineralizing hydrothermal fluids that once coursed through this fault and fed the Omu hot spring sinter above. Irving discovered high-grade mineralized samples at Omu sinter in 2017 (please refer to the Company’s news release dated September 21, 2017 for further details). Either side of this zone, and presumably away from hydrothermal activity, volcanic rocks retain their inherent magnetic signature and display a much higher magnetic response. Importantly, subtle stream sediment anomalism (please refer to the Company’s news release dated January 3, 2018 for further details) appears to originate all along this major structural zone (Figure 3 and Figure 4). In particular, anomalous levels of mercury and arsenic, elements both common in the upper parts of epithermal systems, are evident in multiple locations along thi...