News. Irving acquires 56 licences in Hokkaido, Japan Irving Resources receives 56 mineral licences in Japan
2016-08-22 09:28 ET - News Release
Ms. Akiko Levinson reports
IRVING RESOURCES RECEIVES ACCEPTANCE OF APPLICATIONS FOR MINERAL PROSPECTING LICENSES ON THE ISLAND OF HOKKAIDO, JAPAN
Irving Resources Inc.'s wholly owned subsidiary, Irving Resources Japan GK, has filed 56 contiguous mineral prospecting licences to explore for gold and other metals in an area called Rubeshibe on the island of Hokkaido, Japan. All 56 applications totalling 188.8 square kilometres have been accepted by the Ministry of Economy, Trade and Industry (METI), Hokkaido bureau, and a multistep review now begins for the final approval. Mitsui Mineral Development Engineering Co. Ltd. (MINDECO) is assisting the company throughout the process.
The Rubeshibe application covers parts of a broad Tertiary-aged graben filled with intermediate to felsic volcanic rocks overlying a thick sequence of Mesozoic-aged sedimentary rocks. Hot spring alteration and silicification are evident in multiple areas and may be related to late-stage rhyolitic domes that have emerged along graben faults. Several small epithermal gold-silver veins were mined in the region, mostly prior to the middle of the last century.
Irving is aggressively reviewing gold opportunities in Japan and plans to acquire further projects in the near future.
Dr. Quinton Hennigh (PhD, PGeo) is the qualified person pursuant to National Instrument 43-101 responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is a technical adviser and director of the company.
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