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Inventus Mining Corp (2)
Symbol IVS
Shares Issued 207,864,904
Close 2026-01-07 C$ 0.255
Market Cap C$ 53,005,551
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Inventus Mining receives $2.08-million gold prepayment

2026-01-08 14:43 ET - News Release

Mr. Wesley Whymark reports

INVENTUS SECURES $2.1 MILLION GOLD PRE-PAYMENT AND PROVIDES EXPLORATION UPDATE

Inventus Mining Corp. has received a $2.1-million gold prepayment, providing non-dilutive financing to advance bulk sampling and drilling at its 100-per-cent-owned Pardo gold project, located approximately 65 kilometres northeast of Sudbury, Ont.

This prepayment reinforces Inventus's established bulk sampling strategy, providing continued validation of the gold mineralization and supporting the company's approach of advancing the project through bulk sample cash flow.

Highlights:

  • $2,085,768 gold prepayment received from McEwen Inc. for a portion of the estimated recoverable gold from the 10,128-tonne Trench 1 bulk sample, with processing on track and scheduled to commence before the end of January;
  • Additional 10,000-tonne bulk sample is currently being extracted at Trench 1 North, demonstrating repeatability and scalability of the near-surface gold mineralization;
  • Phase 2 resource drilling program restarted, following a planned pause over the 2025 holiday period, with results from 94 completed holes expected to be released shortly.

Bulk sampling update

Processing of the 10,128-tonne Trench 1 bulk sample, stockpiled at McEwen's Stock mill, remains on schedule to commence before the end of January, with results anticipated by mid-February. The receipt of the prepayment for gold from this material strengthens Inventus's balance sheet and allows the company to advance operations without shareholder dilution.

Extraction of an additional 10,000-tonne bulk sample from Trench 1 North is under way, with delivery and processing anticipated by the end of March.

Drilling update

Inventus has restarted its phase 2 resource drilling program at Pardo, focused on expanding the mineralized footprint and increasing confidence in the gold mineralization. Results from the 94 holes completed prior to the 2025 year-end pause are expected in the near term and will support the company's continuing resource definition work toward a planned maiden resource estimate.

Strategic significance

The company's approach at Pardo differentiates Inventus from its junior gold peers. By combining large-scale bulk sampling and concurrent resource drilling, the company is rapidly derisking the project while minimizing shareholder dilution and demonstrating the potential for a scalable, near-surface gold operation in a Tier 1 jurisdiction.

Wesley Whymark, president and head of exploration, commented: "The receipt of this $2.1-million prepayment further confirms that execution at Pardo remains on track. It allows us to continue advancing multiple workstreams in parallel, including an additional bulk sample extraction, the resumption of phase 2 drilling and technical objectives while minimizing dilution. This approach positions Inventus well as we continue to derisk and advance the project."

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 206 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.

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