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Irving Resources Inc. reports exploration and financing developments for a junior gold exploration business focused on Japan. Company updates center on epithermal gold-silver prospects and joint-venture or farm-in work at the Noto Peninsula on Honshu, the Yamagano project in Kyushu, and the Omu Project in Hokkaido.
Recurring news themes include assay results, soil and stream-sediment geochemistry, diamond drilling, AMT geophysical targets, mineralized veins, and work programs conducted with Newmont Overseas Exploration, Sumitomo, and JX Advanced Metals. Irving also reports capital-structure actions such as non-brokered private placements, common-share units, warrants, material agreements, governance matters, and operating updates tied to resource exploration properties.
Irving Resources (OTCQX:IRVRF) reported encouraging gold-silver assay results from three shallow 2025 diamond drill holes at the Omu Sinter project in Hokkaido, Japan. Intervals include 43.18 m grading 0.62 gpt Au, 12.0 gpt Ag and 97.8% silica in hole 25OMS-003. JX Advanced Metals is funding drilling under a three-year option to earn a 75% interest in the Omu Sinter Pit. Two 2026 holes also intersected hydrothermal breccias and silicified volcanic rocks interpreted as proximal to a potential feeder zone; assays for these holes are pending.
Irving Resources (OTCQX:IRVRF) reported assay results from its Shika epithermal Au-Ag prospect on the Noto Peninsula and outlined its 2026 exploration plan.
Highlights: 81 rock chips and 150 soils analyzed; quartz vein float samples exceeded 1 g/t Au over a ~1.2 km strike; soils to 126 ppb Au; planned mid-2026 drone-borne magnetic survey to guide targeting.
Irving Resources (OTCQX:IRVRF) reported high-grade gold assays from drill hole 25SY-003 at Yamagano, including 23.36 g/t Au over 1.0 m and a 0.48 m interval grading 46.10 g/t Au, plus longer low-grade intervals. The JV (Newmont 60%, Sumitomo 12.5%, Irving 27.5%) is also drilling 26SY-001 (planned to 900 m) and may seek permits to drill the Shimadzu mining right in mid-2026.
True widths are unknown and further drilling and permitting are required to test continuity and extent of the vein system.
Irving Resources (OTCQX:IRVRF) closed the final tranche of a non-brokered private placement on February 25, 2026, completing gross proceeds of $3,925,000.
Tranche 2 raised $1,775,000 via issuance of 7,100,000 units at $0.25 per unit; total issuance was 15,700,000 units. Each unit includes one common share and one-half warrant exercisable at $0.35 for three years. Finder fees of $51,600 and 86,400 units were paid. Securities from Tranche 2 are subject to a hold period expiring June 25, 2026.
Irving Resources (OTCQX:IRVRF) closed the first tranche of a non-brokered private placement on February 12, 2026, raising $2,150,000 through the issuance of 8,600,000 units at $0.25 per unit. Each unit includes one common share and one-half warrant.
Each warrant (one whole warrant per two units) is exercisable at $0.35 for three years. Two directors, including the CEO, subscribed for 1,600,000 units for $400,000. Finders' fees of $9,600 were paid. Securities issued in Tranche 1 are subject to a hold period expiring June 12, 2026. A second tranche is expected before month-end.
Irving Resources (OTCQX:IRVRF) announced an upsized non-brokered private placement increasing gross proceeds from $2,000,000 to $4,000,000. Units will be issued at $0.25 per Unit, each Unit comprising one common share and one-half of a transferable share purchase warrant. Each whole warrant will allow the purchase of one share at $0.35 per share for three years from issuance. Proceeds are intended for resource exploration properties and general working capital. Securities will be subject to a four-month hold. Finder's fees may apply for some subscriptions, and the placement may close in tranches.
Irving Resources (OTCQX:IRVRF) reported drill and geochemical updates from the Yamagano joint venture in Kyushu, Japan, plus proposed 2026 drilling plans.
Key technical highlights: drill hole 25SY-002A reached 951.8 m and returned multiple anomalous gold intervals including 2.11 g/t Au from 837.43–838.33 m. A separate hole, 25SY-003 reached 900.3 m and is awaiting assays. Three-phase soil programs collected a combined 673 soil samples and 57 rock samples, with peak soil and float assays including 7.94 g/t Au (soil) and 86.8 g/t Au (rock float). Yamagano JV ownership: Newmont 60%, Sumitomo 12.5%, Irving 27.5%. Preparations are underway to seek drilling on the Yamagano mineral right in 2026, subject to a draft Master Plan and JV arrangements.
Irving Resources (OTCQX:IRVRF) reviewed year one of its farm-in with JX Advanced Metals at the Omu Project, Hokkaido, Japan on Dec 15, 2025. Under the Option Agreement JX may earn up to a 75% interest at Omu Sinter Pit and a capped interest (≤75%) at Omuisenbu by incurring ¥300,000,000 in exploration/property expenditures over three years.
Key technical results: hole 24OMI-001 returned 101.1 m averaging 1.14 g/t Au, 16.0 g/t Ag, 84% silica; hole 25OMI-002 included 2 m @ 24.22 g/t Au, 173.40 g/t Ag; hole 25OMS-001 at Omu Sinter returned 41.81 m @ 96.6% silica, 0.54 g/t Au, 8.7 g/t Ag. A ~200 m north-south mineralized corridor is defined and mineralization remains open along strike.
Irving Resources (OTCQX:IRVRF) updated exploration progress on its Noto Peninsula epithermal gold-silver holdings in Honshu, Japan. The Company holds 99 prospecting licenses (337.37 sq km) in a joint venture with Newmont (60%) and Sumitomo (12.5%), with Irving at 27.5%.
Fieldwork from June 2024 to October 2025 returned 106 rock chips and 528 soils initially; additional programs collected 81 rock chips and 150 soils at the Shika blocks (19 blocks granted in early 2025). Best soil values include 54.7 ppb Au at Mii and historical BLEG highs of 50.8 ppb Au. Shika analytical results are pending. Work used strict QA/QC and ALS laboratory analyses.
Irving (OTCQX:IRVRF) reported broad, shallow gold-silver mineralization at the Omui and Omu Sinter targets, Omu project, Hokkaido, Japan, from 2024–2025 drilling.
Key results: multiple low-angle holes at Omui returned intercepts up to 101.1 m (previous hole) and new holes with higher-grade intervals (e.g., 26.38 m @ 2.50 g/t Au, 22.03 g/t Ag; 2.00 m @ 24.22 g/t Au, 173.40 g/t Ag). A vertical hole at Omu Sinter returned 41.81 m @ 0.54 g/t Au, 8.7 g/t Ag with 96.6% silica. Most mineralization lies within 50 m of surface, open along strike and potentially suitable for small open-pit extraction and smelter flux use.