Inventus Recovers 427 Ounces of Gold and Demonstrates Positive Economics From 007 North Bulk Sample at Pardo

Core Insights - The bulk sampling at the Pardo Gold Project has demonstrated the economic potential of near-surface gold mineralization, indicating that mineralization can be extracted and processed to generate cash flow [3][4] - The results from the 007 North bulk sample support the company's vision of achieving a near-term production profile that minimizes shareholder dilution while advancing the project [3] Bulk Sample Details - The 007 North bulk sample was extracted from a flat-lying mineralized conglomerate at a depth of approximately 3 meters, with an average thickness of 1.82 meters [4] - Prior to extraction, 33 large diameter drill holes were completed, yielding a weighted average grade of 3.84 grams per tonne (gpt) gold over 1.82 meters [5] - The predicted block model illustrated 5,216 tonnes grading 3.95 gpt gold, while the actual extraction resulted in a grade of 3.14 gpt gold [5][6] Extraction and Processing - A total of 4,816 tonnes was processed, resulting in the recovery of 427 ounces of gold from 4,674 dry tonnes, with a reconciled head grade of 3.04 gpt gold and a metallurgical recovery of 94% [8][10] - The cost of the bulk sample was approximately CAD$1,200,000, leading to a sale of recoverable ounces valued at CAD$2,350,000, representing a 96% return over cost [8][11] Future Plans - The company is currently conducting a Phase 2 drill program with results pending from 62 completed drill holes [9] - An additional 10,000-tonne bulk sample is scheduled for processing at the end of January 2026 [8][9]