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Inventus Mining Reports Positive Initial Drill Results Demonstrating Lateral Continuity of Gold Mineralization Within 18 Metres of Surface at the Pardo Gold Project
Highlights Results from the first 24 holes of our 80-hole drill program demonstrate later...
About this update from Inventus Mining Corp.
[{"type":"text","content":"Inventus Mining Reports Positive Initial Drill Results Demonstrating Lateral Continuity of Gold Mineralization Within 18 Metres of Surface at the Pardo Gold Project\n\n\n\n\n Highlights\n \n\n\n\n Results from the first 24 holes of our 80-hole drill program demonstrate lateral continuity of gold within 18 metres of surface\n \n\n\n 4.6 gpt gold\n \n over\n \n 2.43 metres\n \n including\n \n 21.2 gpt gold\n \n over\n \n 0.46 metres\n \n\n\n\n 3.5 gpt gold\n \n over\n \n 3.17 metres\n \n including\n \n 11.9 gpt gold\n \n over\n \n 0.50 metres\n \n\n\n\n 3.1 gpt gold\n \n over\n \n 2.00 metres\n \n including\n \n 10.6 gpt gold\n \n over\n \n 0.50 metres\n \n\n\n\n 3.6 gpt gold\n \n over\n \n 1.50 metres\n \n including\n \n 6.4 gpt gold\n \n over\n \n 0.50 metres\n \n\n\n\n\n TORONTO, Feb. 13, 2025 (GLOBE NEWSWIRE) --\n \n Inventus Mining Corp.\n \n (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce initial drill results from its Phase 1 Resource Drill Program at the 100%-owned Pardo Gold Project located 65 km east of Sudbury, Ontario.\n \n\n The first\n \n 24 holes\n \n of an\n \n 80-hole shallow drill program\n \n have been received and are in line with expectations. The holes were targeting a\n \n laterally extensive flat lying zone of mineralization\n \n that averages approximately\n \n 2 metres thick\n \n and occurs within\n \n 18 metres of the surface\n \n . The results of these Initial 24 holes have demonstrated continuity of gold mineralization laterally between holes with reduced variability of grade compared to previous drilling. A full list of results is provided in\n \n Table 1,\n \n and maps of the hole locations are provided in\n \n Figures 1 and 2\n \n .\n \n\n To date all holes have been reviewed, logged and sampled. Initial turnaround times were prolonged due to the large sample size of the PQ core and laboratory preparation procedures had to be modified to ensure the accuracy of results. Results for the remaining 56 holes should be received more quickly.\n \n Final results\n \n for the program are\n \n expected in March\n \n .\n \n\n The Pardo Gold Project benefits from year-round access and features flat-lying, shallow gold mineralization that presents potential for quick start up low-cost surface mining in close proximity to Sudbury, a renowned global mining hub. The obje...