Star Metro - Irving Resources Updates Progress on its Extensive Epithermal Gold-Silver Holdings, Noto Peninsula, Honshu, Japan

During the latter half of 2020, Irving conducted stream sediment ("BLEG") surveys over much of the Noto Peninsula, a region with geologic similarities to nearby Sado Island, host to the famous high-grade gold mine, Sado Kinzan (Mitsubishi Material Corporation). Gold was discovered at Sado Kinzan in 1601 and was mined continuously for 388 years, making it one of the longest lived gold mines on earth with recorded production of 2.51 million oz Au and 74 million oz Ag. Veins at Sado Kinzan are classed as epithermal, were productive over vertical distances of several hundred meters and display anomalously high copper values. Beyond Sado Kinzan type veins, Irving considers the Noto Peninsula prospective for other styles of gold mineralization including intrusion related type.

While Irving's early exploration work at Noto was impeded by restrictions during the Covid pandemic and, subsequently, due to the massive earthquake that struck the Noto Peninsula on January 1, 2024, the Company has gradually ramped up activity at Noto beginning in June 2024 implementing systematic rock and soil sampling programs. A total of 106 surface rock chip samples and 528 surface soil samples have been collected to date to follow up on the regional BLEG results. A conventional ridge and spur soil sampling technique was applied to priority target areas. Forty soil ridgelines were traversed and sampled on 100 m spacing (Figure 2). Areas that were targeted include: 1) Southwest Noto (Shika), 2) Central Noto (Wajima, Wajima South and Mii) and 3) Northeast Noto (Najimi).

Southwest Noto - Shika Prospecting Right

In early 2025, a total of 19 blocks (Southwest Noto - Shika Prospecting Right) were granted by the Ministry of Economy, Trade and Industry (METI), Chubu Bureau. Surface rock chip and soil sampling commenced in October 2025. A total of 81 rock chip and 150 soil samples were collected during the field program (Figure 3). Analytical results for all of these samples are pending.

The geology of Shika area is dominated by volcanic andesite and pyroclastic rocks. Interlayered siltstone and sandstone, dacite, rhyolite and granitic to dioritic intrusive rocks are also present in lesser amounts. Following some research, the field team discovered the locality of the historical Unoya gold mine. Although this mine is poorly documented in historical literature, Irving's geologic team's review of surface disturbances associated with the mine proved extensive. Quartz veins exhibiting pyrite disseminations within crustiform silica banding were sampled (Figure 4). A couple of old mining tunnels trending NE-SW were also mapped (Figure 5). Several randomly scattered quartz vein float samples were discovered approximately one kilometer south of the Unoya gold mine. Given the extensive scope of the Unoya historical mine, proximal occurrences of quartz vein float and appreciable clay + silica alteration observed throughout the area, Irving's geologic team believes the Shika area warrants more follow up to better evaluate the full extent of the Unoya vein system and its associated splays.

Central Noto - Wajima, Wajima South and Mii Prospecting Rights

Host rocks in this area are comprised mostly of basaltic andesite, andesite and minor interlayered siltstone, sandstone and conglomerate. The best individual soil sample was obtained in the western Mii area with a high concentration of gold of 54.7 ppb. Other elements in this sample are notably elevated including Ag (0.1 ppm), Hg (16.8 ppm), Sb (42.6 ppm) and As (1935 ppm). These results indicate future follow up field work is highly warranted in the Mii area.

In Wajima area, a maximum gold concentration of 4.7 ppb was returned from a soil sample. Trace elements are moderately elevated including Ag (0.1 ppm), Hg (0.2 ppm), Sb (0.9 ppm) and As (15.8 ppm). Given the elevated BLEG anomaly acquired from this area of 50.8 ppb Au, Irving's geologic team believes that post mineral cover rocks mask a buried hydrothermal system here and that follow up field work is warranted to try to find exposure of an underlying mineral system.

Northeast Noto - Najimi Prospecting Rights

The Najimi area is comprised of sedimentary rocks consisting of weakly consolidated siltstone, sandstone and minor conglomerate. The maximum Au concentration reported from a soil sample was 7.4 ppb. Trace elements including Ag, Hg, Sb and As had maximum soil concentrations of 0.4 ppm, 0.2 ppm, 1.3 ppm and 23.5 ppm, respectively. Hydrothermally altered rocks were mapped at Najimi, and from trace element geochemistry, there is supportive evidence indicating that mineralization may be buried beneath a veneer of post mineral sedimentary rock cover. Further work here is warranted.

Quality Assurance and Quality Control measures were strictly applied with interchanging OreasTM derived blanks and standards inserted at every 20th sample for soils and rocks. Soil sample duplicates were obtained at every 75th sample at Central and Northeast Noto.

Surface soil and rock chip sample analytical results for Central Noto (Wajima, Wajima South and Mii) and Northeast Noto (Najimi) have been returned from the laboratory. Sample results for Southwest Noto (Shika Prospecting Right) are currently being analyzed with results pending.

Rock chip sampling, surface soil sampling and geologic mapping were conducted by Company's Japanese subsidiary's staff from June 2024 to October 2025 intermittently. Rock and soil samples were submitted to ALS Global Perth and Brisbane respectively, for gold and multi element analyses. A strict regimen of blanks and duplicates were inserted.

Quinton Hennigh (Ph.D., P.Geo.) is the qualified person pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is a technical advisor and a director of Irving and has verified the data disclosed including sampling, through review of photographs of core prior to and after sawing and sampling, and analytical, through review of standard and blank analyses.

About Irving Resources Inc.:

Irving is a junior exploration company with a focus on gold in Japan. Irving resulted from completion of a plan of arrangement involving Irving, Gold Canyon Resources Inc. and First Mining Finance Corp. Additional information can be found on the Company's website: www.IRVresources.com.

Akiko Levinson,
President, CEO & Director

For further information, please contact:

Tel: (604) 682-3234 Toll free: 1 (888) 242-3234 Fax: (604) 971-0209
[email protected]

Some statements in this news release may contain forward-looking information within the meaning of Canadian securities legislation including, without limitation, statements as to planned exploration activities. Forward-looking statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, customary risks of the mineral resource exploration industry, the funding of planned drilling and other exploration activities, as well as the performance of services by third parties.

THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE

Figure 1

Figure 2 Location map of the Noto project areas showing surface rock and soil sampling points.

Figure 3　Surface rock and soil sampling points at the Shika Prospecting Right. See Figure 2 for an overview map of rock samples collected in the Shika area.

Figure 4 Representative rock samples and old mining tunnel photos from the Shika Prospecting Right. Float sample NT-0665 collected at the Unoya historical mine waste dump site, a 10 cm wide gray/ white weakly banded quartz vein with drusy center accompanied by silica and fine-grained sulfides (A-1), float sample NT-0485 collected at the Unoya historical mine waste dump site, a 30 cm by 10 cm angular white quartz vein about 3-6 cm in thickness, open-spaced cavities, partially brecciated witch crustiform (colloform-cockade textures).

Figure 5 Sample locality of Fig.4, a northeast-southwest trending historical tunnel at the Unoya mine area (B-1, the scale in 1m) and its crawl-in image (B-2).

SOURCE: Irving Resources Inc.

View the original press release on ACCESS Newswire

P.Beaulieu--SMC