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Irving Resources Inc.
Summary
| Project: | Omu | |
|---|---|---|
| Deposit: | Omu | |
| Location: | Japan | |
| Commodities: | Gold | |
| Date: | 11/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-11-2018: Irving Resources Inc. announces an Exploration/Drilling Update report for its Omu deposit at the Omu project. Summary of property. SRK Exploration Services Ltd (SRK ES) was commissioned by Irving Resources Inc. (Irving) to produce | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Christopher Mark Barrett (SRK Consulting (Canada) Inc.) | |
| ABSTRACT: | SRK Exploration Services Ltd (SRK ES) was commissioned by Irving Resources Inc. (Irving) to produce an Independent Technical Report (ITR), in accordance with the Rules and Policies of the Canadian National Instrument (NI) 43-101 Standards of Disclosure for Mineral Projects (NI 43-101), on its Omu property in Hokkaido, Japan. The ITR was written in conjunction with Mitsui Mineral Development Engineering Co. Ltd. (MINDECO), Irving’s appointed exploration services contractor in Japan. Property Description and Ownership The Omu property is located in the northeast of Hokkaido Island, Japan and encompasses a contiguous area of 15,501 ha / 155.01 km2 . It includes a total of 45 prospecting rights (9 registered/granted and 36 under application review) and 1 mining right (granted). All of the prospecting and mining rights are in the name of Irving Resources Japan Godo Kaisha (GK), a 100% owned subsidiary of Irving. There are no lease or joint ownership agreements with third parties for the property. Furthermore, Irving has purchased or agreed leases to the surface rights over much of the mining right. Geology and Mineralisation The Omu property includes Miocene and Pliocene volcanic and intrusive rocks that include agglomerate, tuff, rhyolite, andesite and basalt with older sedimentary rocks including shales, slate, sandstone and conglomerate. These lithologies are overlain with superficial Pleistocene and Holocene clay, sand and gravel deposits. There are eight prospects in the Omu property (Omui, Sakinyama, Nanko, Hokuryu, Taihoku, Maruyama, Sinter and Tofutsu River) with a ninth one occurring just outside the property (Omu). Three of these were historical small-scale underground gold-silver mines (Omui, Hokuryu and Omu). The deposit type is low-sulphidation epithermal gold and silver, consisting of structurally-controlled quartz-dominant veins and breccias containing gold, silver and related sulphides. | |
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