Inventus Secures $1.47 Million Gold Pre-Payment from 007 North Bulk Sample at the Pardo Gold Project

Core Viewpoint - Inventus Mining Corp. has received a pre-payment of CAD 1.47 million from McEwen Inc. for a portion of estimated recoverable gold from its 007 North bulk sample at the Pardo Gold Project, indicating strong validation of the project's gold content and progress towards a scalable mining operation [1][5][7]. Bulk Sample Update - The Trench 1 bulk sample has approximately 10,000 tonnes identified and is currently 90% extracted, with 3,812 tonnes (38% complete) already hauled to McEwen Inc.'s Stock Mill for processing [3][7]. - Results from the bulk sample are expected in November, with updates to be provided as they become available [3]. Drilling Update - The company anticipates releasing results from further grade-control drilling at the Trench 1 North and South bulk sample sites, along with four Phase 2 resource drill holes [4]. - Plans for additional Phase 2 resource drilling are underway, aimed at extending gold mineralization and progressing towards a maiden resource estimate for the project [4]. Financial Details - The pre-payment of CAD 1,466,249 represents a portion of the estimated recoverable gold from the 4,816-tonne 007 North Bulk Sample, which is expected to be processed shortly [7]. - The grade-control drilling across 30 holes at the site returned a weighted average of 4.10 grams per tonne (gpt) gold over 1.78 meters within 6 meters of the surface [7]. Company Overview - Inventus Mining Corp. is focused on mineral exploration and development in the Sudbury mining district of Ontario, holding a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project [6]. - The Pardo Gold Project is noted as the first significant paleoplacer gold discovery in North America, with approximately 205 million common shares outstanding [6].