Inventus Signs Milling Agreement With McEwen Mining

Core Viewpoint - Inventus Mining Corp. has signed a milling agreement with McEwen Mining for processing bulk sample material from its Pardo Gold Project, marking a significant milestone for the company [1][5]. Milling Agreement - The milling agreement allows Inventus to process up to 5,000 tonnes per month, totaling up to 45,000 tonnes at McEwen's Stock Mill [2]. - A previous bulk sample of 1,000 tonnes processed in 2017 yielded an average grade of 4.2 grams per tonne (gpt) gold with an 89% recovery rate, with potential recoveries up to 95% under optimized conditions [2]. Bulk Sample Update - Extraction of a 5,000-tonne bulk sample from the 007 North site is progressing well, with waste removal completed and gold mineralization being prepared for crushing and trucking to the Stock Mill [3]. - Processing of the 007 North material is expected to begin in late July, with ongoing bulk samples planned into the first half of 2026 [3]. Drilling Update - Grade-control drilling resumed on June 25 to define the remaining 30,000 tonnes of the planned 45,000-tonne bulk sample program, following the successful initial phase that defined the first 15,000 tonnes [4]. - The drilling will also support Phase 2 resource drilling to identify additional gold mineralization in preparation for a maiden resource estimate [4]. Company Overview - Inventus Mining Corp. is focused on mineral exploration and development in the Sudbury mining district, with a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project [8]. - The Pardo project is noted as the first significant paleoplacer gold discovery in North America [8].