TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) ("Inventus" or the "Company") is pleased to report final results from the Trench 1 bulk sample at its 100%-owned Pardo "River of Gold" Project, located 65 km northeast of Sudbury, Ontario.
The Trench 1 bulk sample was completed in two processing campaigns. The first campaign, consisting of 2,512 dry tonnes, was previously reported by the Company on March 18, 2026. The recently completed second campaign processed an additional 7,330 dry tonnes, bringing the total to 9,842 dry tonnes.
HIGHLIGHTS
564 ounces of gold recovered, with total gold sales of $3,494,119 exceeding direct bulk sample costs by 53%.
Reconciled head grade of 2.05 g/t gold and metallurgical recovery of 87.1%.
Results demonstrate continued cash flow from Pardo bulk sample operations, even at pilot scale, despite the higher unit costs associated with small-scale bulk sampling.
The reconciled head grade was within 3.3% of the block-model estimate of 2.12 g/t gold, achieving approximately 97% of predicted grade.
Company has now extracted and processed 20,480 tonnes through its bulk sampling programs, recovering 1,549 ounces of gold and further establishing a proven track record of repeatable mining, processing and gold production at Pardo.
Approximately 10,000 tonnes of mineralized material remain stockpiled and ready for processing, with all mining and crushing costs already incurred, plus a further 20,000 tonnes permitted for extraction.
WHY THESE RESULTS MATTER FOR INVESTORS
Wesley Whymark, CEO, comments: "The Trench 1 bulk sample generated approximately $1.21 million in cash flow while delivering 97% of the block-model grade and 87% metallurgical recovery. Across our programs, Pardo has now produced 1,549 ounces of gold from 20,480 tonnes, demonstrating repeatable mining, processing and reconciliation of the shallow gold mineralization. With another 10,000-tonne bulk sample already stockpiled and our maiden resource estimate targeted for Q4 2026, our focus is now on converting this operation into a larger and more continuous development opportunity."
PROCESSING RESULTS
The 10,128-tonne Trench 1 bulk sample was extracted from near-surface mineralized conglomerate at the Pardo Gold Project and processed at McEwen Inc.'s Stock Mill near Timmins, Ontario. The sample was processed in two campaigns.
The first campaign processed 2,512 dry tonnes and recovered 172 ounces of gold. The second campaign processed 7,330 dry tonnes between May 27 and June 4 and recovered 392 ounces of gold.