Irving Res Stock Price, News & Analysis

Irving Resources (OTCQX:IRVRF) has reported significant gold discoveries from diamond drill hole 25SY-001 at its East Yamagano Joint Venture in Japan. The drill hole, reaching a depth of 752 metres, encountered multiple mineralized vein zones with notable gold intersections including 5.0 metres grading 2.90 gpt Au (including 1.0 metre at 8.3 gpt Au), 1.2 metres grading 4.14 gpt Au (including 0.5 metre at 8.38 gpt Au), and 2.0 metres grading 2.48 gpt Au (including 1.0 metre at 4.53 gpt Au).

The company has also completed a 951.8-metre deep diamond drill hole (25SY-002A) approximately 1.07 km south of 25SY-001, showing significant silicification and stockwork vein zones. The East Yamagano JV is owned by Newmont (60%), Irving (27.5%), and Sumitomo (12.5%).

Irving Resources (OTCQX:IRVRF) has appointed Mackenzie Clugston, former Canadian Ambassador to Japan, as an independent director to its board. Clugston brings extensive diplomatic experience, having served three times at the Canadian Embassy in Tokyo and as Canadian Ambassador to Japan from 2012 to 2016.

Prior to this appointment, Clugston has been providing strategic counsel to Irving since April 2019. His 34-year career in the Canadian Foreign Service included roles as Canadian Consul General in Osaka and Ambassador to Indonesia. After retirement, he served on boards of major Japanese corporations and as a professor at Kwansei Gakuin University.

The appointment aims to strengthen Irving's presence in Japan, particularly for its Omu gold-silver silica flux project with JX Advanced Metals and the Yamagano gold joint venture with Newmont Corporation and Sumitomo Corporation.

Irving Resources (OTCQX:IRVRF) held its Annual General Meeting (AGM) on August 20, 2025 in Vancouver, British Columbia. At the meeting, shareholders approved two key items: the re-election of all incumbent directors including Kevin Box, Douglas Buchanan, Quinton Hennigh, and Akiko Levinson, and the re-appointment of Davidson & Company LLP as the company's auditor.

Irving Resources (IRVRF) has successfully closed its oversubscribed non-brokered private placement, raising gross proceeds of $1,333,000 through the issuance of 6,665,000 units at $0.20 per unit. Each unit consists of one common share and one transferrable share purchase warrant, allowing holders to purchase an additional share at $0.40 for three years. Notable participants include three company directors who subscribed for 675,000 units ($135,000) and strategic institutional shareholder Crescat Capital LLC. The proceeds will fund resource exploration properties and general working capital. Securities issued are subject to a statutory hold period until October 7, 2025.

Irving Resources (IRVRF) has announced a non-brokered private placement to raise approximately $1.31 million through the issuance of units at $0.20 per unit. Each unit consists of one common share and one transferrable share purchase warrant. The warrants allow holders to purchase additional shares at $0.40 per share within a three-year period.

The proceeds will be used for resource exploration properties and general working capital. Company insiders are expected to participate in the placement. The securities will have a four-month statutory hold period under Canadian securities laws but no hold period under CSE policies.

Irving Resources reports significant drilling results from its Omui Mining License in Japan, with hole 24OMI-001 intercepting a 101.1m wide zone grading 1.14 g/t Au, 16.0 g/t Ag, and 84% silica. The shallow-angle drill hole reached only 35m below surface, suggesting potential for extensive near-surface gold-rich silicification. The company is working with earn-in partner JX Advanced Metals to develop the area as a precious metal-rich smelter flux production center. Additionally, at the East Yamagano JV project with Newmont and Sumitomo, Irving completed hole 24SY-002 (702.1m depth) with modest results and is currently drilling 25SY-001, targeting 800m depth. The company plans to drill at least six more holes at East Yamagano after mid-2025, pending approvals.

Irving Resources (IRVRF) has announced a change in its executive leadership, with Queenie Kuang succeeding Ronan Sabo-Walsh as Chief Financial Officer and Corporate Secretary. Kuang brings over 17 years of experience in investment banking, specializing in IPOs, reverse takeovers, M&A, and financial advisory services. She is a Chartered Professional Accountant with extensive experience in financial statement preparation and public company reporting, particularly for companies listed on the Canadian Securities Exchange and TSX Venture Exchange. Kuang holds a Bachelor's degree in Accounting and Finance from Simon Fraser University (2007).

Irving Resources (CSE:IRV)(OTCQX:IRVRF) announces key management changes at its Japanese subsidiary. Mr. Haruo Harada is retiring as director of Irving and president of Irving Resources Japan GK, transitioning to an advisory role. The company has appointed Mr. Takashi Yoshie as the new president of Irving Japan, effective March 1, 2025.

Mr. Yoshie brings over 40 years of experience as an economic geologist, having held senior positions at JX Nippon Mining (now JX Advanced Metals), including exploration geologist, Chief Geologist, Manager of Mines Division, and Deputy General Manager. His expertise includes exploring porphyry and epithermal deposits of copper, gold, and other metals in the circum-Pacific region. He joined Irving Japan as an advisor in November 2023 and was instrumental in completing an agreement with JX Advanced Metals in late 2024.

Irving Resources (IRVRF) has provided an update on its exploration activities at the Omu gold project in Hokkaido, Japan. Following an option agreement with JX Advanced Metals in November, the company completed a strategic diamond drill hole (24OMI-001) at the Omui historic mine site. The drill hole, positioned approximately 150m south of the Honpi vein, encountered extensive quartz veining and silicification from 35m to 101m depth.

The drilling aims to identify shallow, gold-bearing quartz veins and silicified ore that could be mined from the surface, potentially serving as silica flux for Japanese smelters. Irving and JX plan to drill three additional holes at Omui during 2025 to test for shallow veins and silicified ore. The company is currently conducting core logging, sawing, and sampling for assay of the completed drill hole.