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Irving Resources Provides Update on Drilling at its Omu Gold Project in Hokkaido, Japan
VANCOUVER, British Columbia, April 22, 2019 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to provide an update on d
About this update from Irving Resources, Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, April 22, 2019 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to provide an update on drilling at its 100%-controlled Omu Gold Project in Hokkaido, Japan. To date, approximately 786 meters of diamond core drilling have been completed in two holes at Omu Sinter (also known as Otoineppu Mine). A plan map and cross section are presented in Figures 1 and 2. Highlights are discussed below. Highlights: Hole 19OMS-001, oriented northwest with an inclination of -45 degrees, reached a depth of 515 meters (photographs of core from 19OMS-001 will be available on Irving’s website later today). Rhyolite and lesser andesite and volcaniclastic intervals were encountered. Rhyolite commonly displays flow-banding and spherulitic textures. Oxidation persists to 76.5 m. Hydrothermal alteration includes: intense silicification (top of bedrock to 49 m), mixed intense silicification and intense clay alteration (49-91 m), moderate clay alteration and/or silicification (91-227 m), weak to moderate clay alteration and/or silicification (238-327 m and 334-370 m) and moderate to strong clay alteration and/or silicification (370-515 m, end of hole). Notable zones of disseminated and/or veinlet sulfide (pyrite) mineralization include: relict (top of bedrock to 76.5 m), weak to moderate (76.5-88 m), moderate to heavy (88-119 m), weak to moderate (119-210 m), moderate (210-227 m), weak to moderate (238-327 m), weak to moderate (334-359 m), moderate to heavy (359-467 m), weak (467- 479 m) and moderate to heavy (479-515 m, end of hole). Hole 19OMS-001 tested the full width of the targeted N-S-trending magnetic low at Omu Sinter. The persistent nature of alteration, silicification and sulfide mineralization in this hole confirms the presence of a significant hydrothermal system measuring at least 350 m wide. Irving believes the intense silicification and clay alteration at the top of this hole represents a high level expression of a feeder system at depth. Hole 19OMS-002, currently in progress, is testing deeper parts of this area. Several small, but significant silica-pyrite veins present near the end of hole 19OMS-001 might suggest proximity to a feeder in this area. Given the length and increasing cost of this hole, the decision was made to further drill test this area from a diff...