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Inventus Discovers New Gold-Bearing Channel With Thickest Intercept to Date at the Pardo Gold Project

TORONTO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Invent...

articleInventus Mining Corp.September 4, 20254/company/inventus-mining-corp/news/inventus-discovers-new-gold-bearing-channel-with-thickest-intercept-to-date-at-the-pardo-gold-project
Inventus Discovers New Gold-Bearing Channel With Thickest Intercept to Date at the Pardo Gold Project

About this update from Inventus Mining Corp.

[{"type":"text","content":"Inventus Discovers New Gold-Bearing Channel With Thickest Intercept to Date at the Pardo Gold Project\n\n\n\n TORONTO, Sept. 04, 2025 (GLOBE NEWSWIRE) --\n \n Inventus Mining Corp.\n \n (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce results from its Phase 2 drilling program at the 100%-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario. The results include the thickest zone of gold-bearing conglomerate reef intersected to date, further confirming the expansion potential of gold mineralization at Pardo.\n \n\n\n Highlights\n \n\n\n\n Hole PD-25-87, starting at a depth of 32 metres, intersected\n \n 6.47 metres\n \n of\n \n 2.16 gpt gold\n \n including\n \n 2.65 metres\n \n of\n \n 3.87 gpt gold\n \n and a high-grade core returning\n \n 0.85 metres\n \n of\n \n 9.41 gpt gold\n \n .\n \n\n\n\n This 35-metre step-out to the northwest, intersected the thickest gold-bearing conglomerate reef at Pardo to date and represents the discovery of a new channel of gold mineralization that remains open for drill testing.\n \n\n\n\n\n\n Drilling Update\n \n\n\n Phase 2 drilling has successfully extended gold mineralization to the northwest beyond the existing footprint (Figure 1). Hole PD-25-87 returned\n \n 6.47 metres\n \n of\n \n 2.16 gpt gold\n \n , including\n \n 2.65 metres\n \n of\n \n 3.87 gpt gold\n \n (Figure 2), a record thickness for Pardo, more than three times the typical 2-metre average. This exceptional intersection provides further evidence of stacked, flat-lying and laterally continuous gold reefs and represents the discovery of a new channelized zone that remains open for expansion. Importantly, this intercept occurs 400 metres south of a historic grab sample that assayed\n \n 86.5 gpt gold\n \n\n\n (\n \n\n\n\n 1\n \n\n\n\n )\n \n\n , highlighting the broader exploration potential to the north and the opportunity to expand mineralization well beyond the current drilling footprint.\n \n\n These results also complement the Company’s ongoing 45,000-tonne bulk sampling program, where initial grade-control drilling has already returned grades above expectations. Together, bulk sampling will demonstrate project economics, grade reconciliation and potential cash flow, alongside step-out drilling, provide immediate validation of near-term mining potential while ...

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