Inventus Reports 4.0 gpt Gold and 1.50 Metre Average for Trench 1 North Grade-Control Drilling and Provides Bulk Sample Update at the Pardo Gold Project

Core Viewpoint - Inventus Mining Corp. has reported positive results from grade-control drilling at the Trench 1 North Bulk Sample Site, indicating strong gold mineralization at its Pardo Gold Project, which is expected to enhance the project's potential for low-cost scalable mining operations in Ontario's Sudbury district [1][8]. Drilling Results - The grade-control drilling at the Trench 1 North Site consisted of 52 shallow holes, revealing notable gold grades including 12.61 gpt over 1.68 metres and 13.88 gpt over 1.20 metres [2][5]. - The weighted average grade and thickness from 28 holes in the identified pit area was 4.00 gpt gold and 1.50 metres [2][5]. Bulk Sample Program Update - The 007 North Bulk Sample, totaling 4,816 tonnes, was delivered to McEwen's Stock Mill on August 6, with processing expected around October 13 [3][6]. - The Trench 1 Bulk Sample, consisting of 10,093 tonnes, was delivered on September 15, with processing anticipated in November [7][6]. - The planned bulk samples include 5,000 tonnes from 007 North with a weighted average grade of 3.84 gpt and 10,000 tonnes from Trench 1 North with a grade of 4.00 gpt [4][6]. Company Overview - Inventus Mining Corp. is focused on mineral exploration and development in the Sudbury mining district, holding a 100% interest in the Pardo Paleoplacer Gold Project, which is recognized as the first significant paleoplacer gold discovery in North America [16]. - The company has approximately 205 million common shares outstanding [16]. Future Outlook - The President and Head of Exploration, Wesley Whymark, expressed optimism regarding the upcoming processing of bulk sample material and the potential for the Pardo project to evolve into a low-cost mining operation as gold prices rise [8].