- Business
- Irving Resources Inc. (CSE:IRV, OTCQX:IRVRF) is a Canadian-based junior mineral exploration company focused on discovering and developing high-grade gold, silver and silica-rich epithermal vein deposits primarily in Japan; its key projects include the Omu gold-silver project on Hokkaido featuring Omui, Omu Sinter and Senbu targets with recent strong drill results including gold-rich silica sinters, the East Yamagano epithermal gold-silver vein project on Kyushu operated through a joint venture, and the broader Yamagano-Noto properties; the company also holds joint venture interests with Japan Oil, Gas and Metals National Corporation (JOGMEC) in rare earth element projects in Africa and Canada, alongside other exploration opportunities targeting silica suitable for smelter flux in Japanese base metals operations. Founded in 2015 and headquartered in Vancouver, British Columbia, Irving conducts exploration activities across Japan through its wholly-owned subsidiary Irving Resources Japan GK, serving strategic partners in the precious and base metals sectors with target markets encompassing Japanese smelters and international mining investors. Recent developments include finalizing in October 2024 a joint venture term sheet with Newmont Corporation (60% interest) and Sumitomo Corporation (12.5% interest) over Yamagano-Noto with Irving holding 27.5% where drilling commenced at East Yamagano in July 2024 yielding high-grade gold intercepts, entering in November 2024 an option agreement with JX Advanced Metals Corporation on the Omu project, reporting strong drill results from Omui and Omu Sinter targets on October 31, 2025 confirming extensive gold mineralization, ongoing 2025 drilling programs at Omu and East Yamagano including plans for additional holes pending permitting, prior equity investments from Newmont totaling US$21.5 million for 19.9% interest and Sumitomo US$5.1 million for 5.4% interest supporting alliance-funded exploration, and discussions with JX Metals Corporation in early 2024 on potential transactions.