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Irving Resources Secures Large Land Position Around the Omui Au-Ag Mine on the Island of Hokkaido, Japan
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 29, 2016) - Irving Resources Inc. (CSE:IRV) ("Irving" or the "Company") is pleased announce that its wholly-ow
About this update from Irving Resources, Inc.
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 29, 2016) - Irving Resources Inc. (CSE:IRV) (\"Irving\" or the \"Company\") is pleased announce that its wholly-owned subsidiary, Irving Resources Japan GK, has secured a 62.18 sq km land position encompassing the past producing Omui Au-Ag mine and surrounding areas on the island of Hokkaido, Japan. Irving recently announced the purchase of a 298 hectare (2.98 sq km) mining right, the Omui mining license (please see press release dated August 29, 2016 for further details). Provisional title transfer for this purchase has recently been received from the Ministry of Economy, Trade and Industry (\"METI\"), Hokkaido Bureau. To augment its land position, Irving recently filed 17 prospecting licenses covering an additional 58.20 sq km of prospective ground in the vicinity of the Omui mine and including another past producing Au-Ag mine, Hokuryu, situated about seven km west of Omui. Applications for rights to alluvial materials were filed at the same time. Acceptance of all prospecting and alluvial applications was recently granted by METI, and a multi-step review now begins for final approval. Mitusi Mineral Development Engineering Co, Ltd (\"MINDECO\") is assisting the Company throughout the process. \"We are excited to acquire our second precious metals project in Japan,\" commented Akiko Levinson, President and CEO of Irving Resources Inc. \"Our new Omui project encompasses two past producing mines, Omui and Hokuryu, each of which produced significant amounts of gold and silver in the early 1900s. Little work has been done here since. We look forward to commencing our first work program here in early October.\" Irving's Omui project covers an area underlain by Tertiary aged volcanic and sedimentary rocks deposited in a rift setting situated near the north end of Hokkaido. Very young, Tertiary or perhaps Quaternary, hot spring activity locally deposited bonanza grade Au and Ag along a series of east-west trending epithermal veins. In places, high densities of sheeted, parallel veins are observed and may be related to doming caused by deep, late-stage rhyolite plugs. Such a setting is present at the world class Hishikari Au-Ag mine on the island of Kyushu, Japan. Staff from Irving recently collected grab samples from a surface outcrop of the Omui main vein and another from a subordin...