Ireland, Inc. reported encouraging new extraction results from a 3,000 pound (lb) bulk gravity concentration test completed on sand material from the North Sand Zone, which is located in the northwest sector of its Columbus Project in Esmeralda County, Nevada. Ireland's metallurgists have completed a third bulk test (3,000 lbs) using the new gravity concentration circuit that was previously announced. The latest test (#3962C) was completed on mineralized sand material that was taken from the same area as the material tested in the previously reported tests #3902C and #3931C. The sample tested was approximately 13 times larger than the samples used in the previously reported tests. The material was assayed using caustic fusion prior to concentrating. The grade of the head material approximated 0.068 ounces per ton (opt) gold (Au) and 1.488 opt silver (Ag), or approximately 0.098 opt gold equivalent (AuE)(1). This latest test produced concentrates weighing a total of 229.5 lbs, for a concentration ratio of approximately 13-to-1. Representative splits of the gravity concentrates were then leached with sodium thiosulphate and the gold and silver extracted, with an average net metal extraction of 112.6% of the Au head grade (0.077 opt Au) and 44.4% of the Ag head grade (0.661 opt Ag). This gravity concentration test indicates that more gold was extracted by leaching concentrates derived from large head samples (1,363,000 g or 3,000 lbs) than was predicted by caustic fusion assay on small head samples (5 g). Ireland continues to work on optimizing the precious metals extraction circuit at its Columbus Project. During these evaluation tests, limited quantities of gold and silver have been produced, as previously disclosed. If further evaluations and the lab tests continue to be successful, Ireland intends to upgrade the onsite pilot plant equipment on site with this circuit at the Columbus Project.