Irving Resources Business Summary

Irving Resources Inc. (IRVRF) operates as a junior mineral exploration company primarily focused on the discovery of high-grade, epithermal gold and silver deposits in Japan. As a pre-revenue venture, its business model relies on capital appreciation through resource discovery and strategic equity financing, most recently evidenced by a $4 million private placement closed in February 2026. The company’s primary business segments are organized by its extensive Japanese property portfolio, including the flagship Omu Project in Hokkaido, the Yamagano Project in Kyushu, and various holdings on the Noto Peninsula. Irving distinguishes itself through a first-mover advantage in Japan’s modern mining landscape, supported by a unique technical alliance with Newmont Corporation and Sumitomo Corporation. Its primary direct competitors include Japan Gold Corp, Lumina Gold, and Minaurum Silver; Irving maintains a premium market position relative to these peers due to its high-grade silica-flux focus and deep institutional backing from global mining majors. The leadership team is anchored by President and CEO Akiko Levinson, who previously served as President of Gold Canyon Resources and was instrumental in the $300 million acquisition of the Springpole Gold Project. Technical leadership is provided by Director and Technical Advisor Dr. Quinton Hennigh, a renowned economic geologist with over 30 years of experience at major firms including Newmont, Homestake, and Newcrest. The financial operations are managed by CFO Queenie Kuang, who joined the executive suite in May 2025 with a background in corporate governance for CSE and TSX-V listed entities. The board is further strengthened by Director Douglas Buchanan, K.C., a global infrastructure expert from Norton Rose Fulbright, and Mackenzie Clugston, a former Canadian Ambassador to Japan. Notable institutional support and joint venture partnerships with JX Advanced Metals and JOGMEC underscore the company's technical pedigree and strategic importance within the Japanese mineral sector.