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Omu Property

Irving Resources (IRV.CN)
100% ownership interest
Expected NPV
Shown in the full report from 1,000 scenarios.
Market Cap
$17.9M
All dollar amounts in USD

Executive Summary

Locked

Executive Summary (overview)

  • One-paragraph overview tied to the latest reported drilling results date.
  • Estimated probability of advancing to a formal resource.
  • Typical ranges for grade, tonnage, mine life, and method mix.
  • Cost structure summary and where the project ranks vs peers.

Regional Gold Potential

Omu is located in Japan, Asia. The surrounding region has historically demonstrated a moderate potential for gold endowment and is somewhat distal to other gold properties. Physical setting (low elevation, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Unconsolidated sediments, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Extended Crust tectonic province—factors that inform both deposit style and development complexity.

Omu location map
Gold heat map of the world. Warm colors indicate high gold endowment. Try the interactive version here.

Drill Intercepts

Reported results (Gold Equivalent) average high grade, short, and deep. The most recent intercepts are benchmarked against a global gold database.

Date Intercept (Gold Equivalent) Grade Length Depth
2024-05-07 1.75 g/t Gold Equivalent over 0.4 m from 72.0 m High Grade Very Thin Moderate Depth
2024-05-07 1.41 g/t Gold Equivalent over 2.0 m from 12.0 m High Grade Moderate Thickness Very Shallow
2024-05-07 2.28 g/t Gold Equivalent over 1.0 m from 54.0 m High Grade Thin Moderate Depth
2024-05-07 1.27 g/t Gold Equivalent over 6.0 m from 52.0 m High Grade Thick Moderate Depth
2024-05-07 3.18 g/t Gold Equivalent over 1.0 m from 25.0 m High Grade Thin Shallow
2024-05-07 0.71 g/t Gold Equivalent over 24.5 m from 3.5 m Moderate Grade Very Thick Very Shallow
2024-05-07 7.13 g/t Gold Equivalent over 1.0 m from 37.5 m Very High Grade Thin Shallow
2024-05-07 0.50 g/t Gold Equivalent over 16.1 m from 458.9 m Moderate Grade Very Thick Very Deep
2024-05-07 0.41 g/t Gold Equivalent over 58.0 m from 372.6 m Moderate Grade Very Thick Deep
2024-05-07 0.55 g/t Gold Equivalent over 5.0 m from 338.5 m Moderate Grade Thick Deep
2024-05-07 0.46 g/t Gold Equivalent over 13.5 m from 286.0 m Moderate Grade Very Thick Deep
2024-05-07 0.69 g/t Gold Equivalent over 4.0 m from 247.3 m Moderate Grade Thick Deep
2024-05-07 4.58 g/t Gold Equivalent over 0.7 m from 81.7 m Very High Grade Thin Moderate Depth
2023-08-24 0.76 g/t Gold Equivalent over 33.0 m from 12.5 m Moderate Grade Very Thick Very Shallow
2023-08-24 1.08 g/t Gold Equivalent over 20.7 m from 19.9 m Moderate Grade Very Thick Shallow
Rankings are relative to a large global database of gold intercepts.

Resource Potential

Locked

Resource Potential (overview)

  • Probability estimate of advancing to a formal resource.
  • Typical ranges for grade and tonnage with p50 markers.
  • Side-by-side histograms vs. a global reference dataset.
  • Plain-English guidance on how to interpret uncertainty.

Economic Potential

Locked

Economic Potential

  • Distribution of NPV across 1,000 discounted cash-flow simulations.
  • Expected NPV value with context vs. drill-stage peers.
  • Discussion of spread, skew, and scenario tails (upside/downside).
  • Explicit assumptions shown for discount rate and commodity price.

Assumption Distributions

Locked

Assumption Distributions

  • Reserve conversion and mine life distributions.
  • Recovery, processing costs, and waste:ore ratio ranges.
  • Capex/offsite opex, average production rate, and other drivers.
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