Irving Resources Inc. Announces Recent Drilling At the Omu Sinter Target, Hokkaido, Japan

Irving Resources Inc. announced that recent drilling at the Omu Sinter target, part of its 100% controlled Omu-Ag Project, Hokkaido, Japan, has defined a robust deposit of silica with appreciable gold and silver. Irving's business model is to find precious metal-bearing, silica-rich rock suitable for use as smelter flux. It believes the newly defined hot spring sinter deposit is significant, especially given that this material starts at surface and is therefore easily accessible.

The footprint of the approximately 200m wide and 400m long silica sinter deposit. This terrace of silica starts at surface and is open to the north. Cross sections showing gold equivalent and silica results from drill holes are presented in figures 2-5. Silica thicknesses range from a few meters up to 54.5m.

Gold values in reported intervals range between 0.54-1.04 gpt, and silver, between 6-32 gpt. Gold equivalency ranges between 0.78-1.21gpt. Silica contents are high, commonly above 95%, making this exceptional quality for smelter flux.

Deleterious elements including arsenic, antimony and mercury, are generally low also making this material attractive. Importantly, by drilling this robust precious metal-bearing silica sinter deposit, the Company is confident it can underpin a justifiable case to convert the prospecting license at Omu Sinter to a mining license, a critical step to maintaining long term tenure over the property. Internal study of these results is progressing rapidly with the goal of establishing such a case by early next year.

Silica-rich rock utilized for smelter flux has commercial value on the order of a few tens of dollars per tonne. With payable precious metals, paid in the range of 90-95%, significant value is added to this material. A robust precious metal-bearing silica deposit in Japan is viewed as having strategic value given the numerous smelters active in the country.

Irving takes the view that Omu Sinter has ideal characteristics for smelter flux and is a potential important future source of such material. All drill holes were drilled at a steep inclinations and encountered the sinter unit at nearly orthogonal orientation. Therefore, drill intercepts are considered to be very close to true widths.

All samples discussed in this news release are ½ split sawn diamond core samples. Irving submitted samples to ALS Global, Vancouver, Canada, for analysis. Au and Ag were analyzed by fire assay with AA finish.

Overlimit samples were assayed by fire assay with gravimetric finish. Multi elements were analyzed by mass spectrometry following four acid digestion. Irving routinely inserts standard and blank samples in assay batches submitted to the laboratory.

Company staff are responsible for geologic logging and sampling of core. Au equivalent is calculated by adding Au (gpt) to Ag (gpt)/78.