Irving Receives Strong Drill Results from Both the Omui and Omu Sinter Targets, Omu Gold-Silver Project, Hokkaido, Japan

Executive Summary

• Irving Resources reported multiple shallow, low‑angle drill holes at the Omui target that intersected broad mineralized zones with up to 24.22 g/t Au and 173.40 g/t Ag over a 2 m interval, all within 50 m of surface – indicating potential for small‑scale open‑pit extraction as smelter flux.
• A vertical drill hole at Omu Sinter (25OMS‑001) intersected a 41.81 m thick high‑silica (96.6 % SiO₂) gold‑silver zone averaging 0.54 g/t Au and 8.7 g/t Ag, confirming continuity of the shallow silica horizon.
• The combined results define a ~200 m north‑south mineralized corridor at Omui that remains open in both directions, supporting further exploration with partner JX Advanced Metals.

Key Details

• Omui Low‑Angle Drilling – Hole 25OMI‑001: 0–33.47 m interval, 0.62 g/t Au, 12.06 g/t Ag, 83.3 % silica; additional intervals downhole with Au up to 0.48 g/t and silica ≥80 %.
• Omui – Hole 25OMI‑002: Notable 2 m interval (27–29 m) grading 24.22 g/t Au, 173.40 g/t Ag, silica 78.8 %; other intervals show Au up to 4.36 g/t and Ag up to 32.60 g/t.
• Omui – Hole 25OMI‑003: Multiple intervals; highest AuEq of 96.4 g/t (27.90–30.22 m) with 5.10 g/t Au, 61.45 g/t Ag, silica 96.4 %; other zones contain Au up to 2.68 g/t and Ag up to 39.78 g/t.
• Omui – Hole 25OMI‑004: Intercepts from surface to 28.25 m with Au up to 1.66 g/t, Ag up to 21.91 g/t, silica ~81–86 %.
• Overall Omui Corridor: Approximately 200 m long, mineralization open north and south, all intercepts within 50 m of surface – favorable for shallow open‑pit mining.
• Omu Sinter – Hole 25OMS‑001 (Vertical): 41.81 m thick interval, average 0.54 g/t Au, 8.7 g/t Ag, silica 96.6 %; water table encountered at ~30 m depth (≈9 m above sea level). True width equals drill width due to horizontal orientation.
• Technical Validation: Dr. Quinton Hennigh, Ph.D., P.Geo., qualified person under NI 43‑101, reviewed and approved all technical data. Samples were ½ split sawn core analyzed by ALS Global (fire assay with AA/gravimetric finish; multi‑element ICP).

Notable Quotes

“We are very pleased to see expansive, shallow deposits of gold‑silver‑bearing silica emerge at both Omui and Omu Sinter… Our recent drill results indicate we are headed in the right direction. We look forward to working with our partner, JX, in further advancing work at the Omu project to achieve this mission.” – Dr. Quinton Hennigh, Director & Technical Advisor

Materiality Assessment: Material – Positive (significant new mineralized intercepts that could materially affect the company’s valuation and future development plans).