Ireland Inc. Provides Technical Program Update

Company to Host Investor Conference Call on Tuesday, April 16, 2013

HENDERSON, Nev.–(BUSINESS WIRE)– Ireland Inc. (OTCBB: IRLD) today provided an update to its technical program at the Columbus Project, located in Esmeralda County, Nevada. Ireland is continuing the process of transferring its gold and silver extraction process from AuRIC Metallurgical Laboratories facility in Salt Lake City, Utah, to its on-site pilot plant in Nevada. Concentration, leach and extraction tests are scheduled to commence shortly under the supervision of AuRIC. Upon the successful completion of a series of five ton batch leach tests, Ireland intends to begin operating the pilot plant on a continuous basis and then commence its Phase Four Drill Program, with the goal of improving the geological definition of the North Sand Zone.

Ireland also announced that it will host an investor conference call and webcast at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) on Tuesday April 16, 2013 (details provided below). Ireland plans to file its 2012 operating results and its Annual Report on Form 10-K with the Securities and Exchange Commission on April 15, 2013.

Technical Program Update

In the first quarter of 2013, Ireland continued the process of transferring its successful gold and silver extraction process from its test location at AuRIC’s facility in Salt Lake City to Ireland‘s on-site pilot plant in Nevada. The goal of this technology transfer is the continuous operation of the on-site pilot plant.

During the quarter, Ireland‘s technical program focused on upgrading the on-site water supply to improve its compatibility with thiosulphate leaching. Work included comparative analyses of the municipal water supply utilized by AuRIC at its Salt Lake City laboratory and the water provided by the on-site well at the Columbus Project. Based upon information derived from these comparative analyses, Ireland recently completed the installation of a new water conditioning circuit at the Columbus Project in order to supply process water to the leach circuit that is similar in character to the water that was utilized for all of the successful leach tests conducted at AuRIC’s Salt Lake City facilities.

In addition, during the quarter Ireland completed an upgrade to the on-site gravity concentration circuit in an effort to improve efficiency and reduce potential abrasive wear on the equipment. Ireland experienced a six week delay in

From: http://www.dailyfinance.com/2013/04/12/ireland-inc-provides-technical-program-update/