23:03:41 EST Tue 27 Jan 2026
Enter Symbol
or Name
USA
CA



Inventus Mining Corp (2)
Symbol IVS
Shares Issued 207,864,904
Close 2026-01-27 C$ 0.34
Market Cap C$ 70,674,067
Recent Sedar+ Documents

Inventus continues bulk sampling, drilling at Pardo

2026-01-27 18:55 ET - News Release

Mr. Wesley Whymark reports

INVENTUS PROVIDES OPERATIONAL UPDATE AS TRENCH 1 BULK SAMPLE PROCESSING UNDERWAY AND DRILLING CONTINUES AT THE PARDO "RIVER OF GOLD" PROJECT

Processing of the Trench 1 bulk sample is under way at Inventus Mining Corp.'s 100-per-cent-owned Pardo "River of Gold" project, located 65 kilometres northeast of Sudbury, Ont.

Highlights

  • Trench 1 bulk sample processing is currently under way at McEwen Inc.'s Stock mill.
  • An additional seven drill holes have been completed subsequent to the company's Jan. 22, 2026, news release, for a total of 47 drill holes with assay results pending.
  • Trench 1 Northbulk sample advancing, with waste successfully blasted and removed and extract of the gold mineralization expected to commence shortly.
  • Bulk sampling and drilling continue to advance in parallel, supporting grade validation, metallurgical performance and near-surface continuity.

Bulk sampling update

The company confirms that processing of 5,000 tonnes of the 10,128-tonne Trench 1 bulk sample is currently under way at McEwen's Stock mill. This material was extracted under the company's 50,000-tonne bulk sample permit, of which only 10,000 tonnes have been processed to date, and represents a key milestone intended to derisk development assumptions, support grade validation and metallurgical performance, and generate operational cash flow.

In addition, the 10,000-tonne Trench 1 North bulk sample is advancing on time and within budget with waste material now blasted and removed, fully exposing the gold mineralization for extraction and processing. Drilling and blasting of the mineralized material is expected to commence shortly, after which material will be crushed on site and transported for processing.

Drilling update

Phase 2 drilling at Pardo continues to expand and define the flat-lying gold mineralization. Since the company's Jan. 22, 2026, news release, an additional seven drill holes have been completed, further testing continuity in preparation for an initial resource estimate on the property.

Drilling continues to follow a staged approach, beginning with wider-spaced stepout drilling to confirm mineralization, followed by infill drilling for grade estimation and grade-control drilling in advance of future extraction. Assay results from 47 recently completed drill holes are pending and will be reported once received.

Wesley Whymark, president and head of exploration, comments: "With Trench 1 processing now under way and Trench 1 North advanced to the extraction phase, we are executing our bulk sampling strategy on time and in budget. At the same time, continued drilling is strengthening our understanding of grade continuity and will support an initial resource estimate for the property. These activities collectively represent an important step in advancing Pardo toward potential development and production."

About Inventus Mining Corp.

Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ont. The company has a 100-per-cent interest in its principal assets, the Pardo Paleoplacer gold project and the Sudbury 2.0 critical mineral project, located northeast of Sudbury. The Pardo gold project is the first important paleoplacer gold discovery in North America. Inventus has approximately 207.9 million common shares outstanding.

Qualified person

The qualified person responsible for the technical content of this news release is Inventus's president and head of exploration, Wesley Whymark, PGeo, who has reviewed and approved the technical disclosure in this news release on behalf of the company.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.