Inventus Mining Makes Significant Strides in Pardo Project Expansion

Inventus Mining Corp. has announced promising results from its Phase 2 drill program at the 100%-owned Pardo "River of Gold" Project in Ontario. The new assay results suggest substantial expansion of near-surface gold mineralization, with the potential to significantly increase total tonnes and ounces as the company moves towards its maiden resource estimate.

Highlights include strong gold intersections, such as 5.87 g/t over 1.22 m and 5.16 g/t over 1.12 m. The drilling footprint has expanded by approximately 150%, covering 20% of a 2.5 km² target area. The discovery of two additional gold layers, the Upper and Matinenda Conglomerates, not previously included in exploration targets, offers further potential to boost resources.

The company is assessing a scalable development approach, considering bulk surface mining and various processing options. Results of 42 additional holes are pending, and bulk sample processing is set to begin this month, highlighting an integrated strategy for economic optimization.