11:39:49 EDT Tue 18 Aug 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Inventus Mining Corp (2)
Symbol IVS
Shares Issued 221,040,781
Close 2026-08-17 C$ 0.28
Market Cap C$ 61,891,419
Recent Sedar+ Documents

Inventus hires SRK for Pardo mineral resource estimate

2026-08-18 11:02 ET - News Release

Mr. Wesley Whymark reports

INVENTUS SELECTS SRK CONSULTING TO COMPLETE MAIDEN MINERAL RESOURCE ESTIMATE AT PARDO

Inventus Mining Corp. has selected SRK Consulting (Canada) Inc. to complete a maiden mineral resource estimate (MRE) and updated National Instrument 43-101 technical report for the company's 100-per-cent-owned Pardo "River of Gold" project, located 65 kilometres northeast of Sudbury, Ont.

Wesley Whymark, chief executive officer and director, comments: "The selection of SRK keeps Pardo firmly on track with the development timeline we established earlier this year. SRK's extensive paleoplacer and Witwatersrand experience is particularly well suited to Pardo's coarse-gold system and our large drilling, channel-sampling and bulk-sampling data sets.

"Importantly, this maiden resource is intended to cover only a part of the broader Pardo project. We are advancing it at this stage to provide the technical foundation needed for our DSO production plan, including mine planning and grade control, rather than to define the ultimate scale of the Pardo gold system. We believe the much larger resource potential will be demonstrated through continued drilling over time, with future direct ship ore (DSO) production having the potential to help fund that expansion."

The appointment of SRK represents an important milestone in the advancement of Pardo toward its first mineral resource and DSO production plan. SRK is an internationally recognized mining consultancy with extensive experience in mineral resource estimation, geological modelling, geostatistics and independent technical review.

Of particular importance is that SRK's technical team has significant direct experience evaluating paleoplacer and conglomerate-hosted gold deposits, including extensive work on the Witwatersrand basin of South Africa. The Witwatersrand is the world's best-known paleoplacer gold system and the largest gold deposit on the planet, providing highly relevant technical experience for understanding the geological continuity, sampling challenges and resource estimation considerations associated with Pardo.

The work will include a detailed review of the company's bulk-sampling results and their integration into the maiden MRE. The independent resource model will provide an important technical foundation for Inventus's planned DSO production strategy by helping define mineable zones, grade-control parameters, and the continuity of mineralization targeted for potential selective mining and off-site processing. Together with the company's bulk-sampling experience, the MRE will help refine mining selectivity, dilution, recovery and production assumptions as Pardo advances toward additional resource growth and a larger-scale operation.

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 our 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 221 million common shares outstanding.

Qualified person

The qualified person responsible for the technical content of this news release is Wesley Whymark, PGeo, chief executive officer and director of Inventus, who has reviewed and approved this release. Mr. Whymark is not independent of the company.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.