Inventus Mining Reports Positive Results From Its 80-Hole Drill Program at the Pardo Gold Project; Confirms Continuity of Shallow Gold Mineralization and Outlines Next Steps

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[{"type":"text","content":"Inventus Mining Reports Positive Results From Its 80-Hole Drill Program at the Pardo Gold Project; Confirms Continuity of Shallow Gold Mineralization and Outlines Next Steps\n\n\n\n TORONTO, March 25, 2025 (GLOBE NEWSWIRE) --\n \n Inventus Mining Corp.\n \n (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce results from its 80-hole Phase 1 Resource Drill Program at the 100%-owned Pardo Gold Project located 65 km east of Sudbury, Ontario.\n \n\n The program was designed to sample areas of shallow, flat-lying gold mineralization to establish continuity and consistency of gold grades. Results from the program have successfully confirmed continuity of the gold mineralization within 18 metres of surface which remains open for expansion. Highlights from all 80 drill holes are presented in\n \n Table 1,\n \n with drill hole locations and corresponding gold grades illustrated in\n \n Figure 1\n \n . The Phase 1 drill results have clearly demonstrated the project’s merits highlighting the potential for rapid development of a low-cost, surface mining operation.\n \n\n\n Advancing Toward Resource Definition and Bulk Sampling\n \n\n\n The results from the Phase 1 Resource Drill Program have provided a foundation and methodology to further define the gold mineralization and develop a mineral resource estimate on the property. The current drilling has defined the 2-metres-thick mineralized unit over an area of approximately 400 by 550 metres in size, which remains open for further expansion (\n \n Figure 2\n \n ). A follow-up phase 2 drill program is planned and will focus on expanding the mineralization prior to a mineral resource estimate. The company is also assessing the opportunity to utilize its 50,000-tonne bulk sample permit on the property. As part of the Phase 1 drilling, the permitted bulk sample area was tested to demonstrate the gold grade of a future bulk sample site (\n \n Figure 3\n \n ).\n \n\n\n Ontario Junior Exploration Program (OJEP) Grant\n \n\n\n Inventus is pleased to report that it has received payment of $200,000 from the Ontario Ministry of Mines as part of the OJEP grant. The grant provided funding for 50% of exploration expenditures that were incurred during the 80-hole Phase 1 Resource Drill Program.\n \n\n\n “The final results from our Phase 1 drill program...

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