Irving Resources Reviews First Year of Work with JX Advanced Metals Corporation at Omu Project, Hokkaido, Japan

Executive Summary

• Irving Resources provided an update on its first year of work with JX Advanced Metals at the Omu Project in Hokkaido, Japan, highlighting successful shallow‑angle drilling results.
• Five shallow drill holes at the Omui Mining License defined a ~200 m north‑south mineralized corridor, including a high‑grade gold zone (24.22 g/t Au, 173.40 g/t Ag) in hole 25OMI‑002.
• A vertical diamond hole at Omu Sinter Pit (hole 25OMS‑001) returned a 41.81 m thick intercept with 96.6% silica, 0.54 g/t Au and 8.7 g/t Ag, confirming continuity of the high‑silica horizon above the water table.

Key Details

• Option Agreement: JX Metals may earn up to a 75% interest in Omu Sinter Pit (1.962 km²) and up to 75% in Omuisenbu (0.127 km²) after incurring ¥300 M in exploration/property expenditures over three years. First‑year requirements have been satisfied.
• Drill Hole 24OMI‑001 (Omui Mining License): 101.1 m wide intercept; 1.14 g/t Au, 16.0 g/t Ag, 84% silica.
• Four additional shallow holes (2025) at Omui: All encountered broad, shallow mineralized intercepts, extending the corridor to ~200 m length, open north and south.
• High‑grade zone – Hole 25OMI‑002: 2 m wide; 24.22 g/t Au, 173.40 g/t Ag.
• Drill Hole 25OMS‑001 (Omu Sinter): 41.81 m thick intercept; silica 96.6%; gold 0.54 g/t; silver 8.7 g/t. Water table encountered at 30 m depth (≈9 m above sea level); deposit largely above water table.
• Next Steps: Planning further drilling to test groundwater levels, continuity, and extensions of the shallow silica‑rich gold‑silver deposit; advancing Omu Sinter Pit and Omuisenbu toward becoming a new source of smelter flux in Japan.
• Qualified Person: Dr. Quinton Hennigh (Ph.D., P.Geo.), technical advisor and director, reviewed and approved all technical information per NI 43‑101.

Notable Quotes

• “Irving considers assay results from its low‑angle drilling program to be very favourable.” – Company statement referencing October 31 2025 release.