Inventus Mining Secures $2.1 Million Gold Pre-Payment and Advances Exploration

Inventus Mining Corp. has announced a CAD$2.1 million gold pre-payment to support activities at its Pardo Gold Project in Ontario. This funding comes from McEwen Inc. and covers part of the gold from a forthcoming 10,128-tonne bulk sample at Trench 1. The processing of this sample is expected to begin by January's end, with results due in mid-February.

The company is also extracting an additional 10,000-tonne sample from Trench 1 North, indicating scalable near-surface gold mineralization. Additionally, Inventus has resumed its Phase 2 drilling program, paused over the holidays, with results from 94 completed holes anticipated shortly.

This strategy differentiates Inventus by reducing project risk while maintaining shareholder value, according to Wesley Whymark, President and Head of Exploration at Inventus.