Inventus Reports 4.0 gpt Gold and 1.50 Metre Average for Trench 1 North Grade-Control Drilling and Provides Bulk Sample Update at the Pardo Gold Project
TORONTO, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to report final results from grade-control drilling at its Trench 1 North Bulk Sample Site and provide an update on its bulk sampling at the 100%-owned Pardo Gold Project, located 65 km northeast of Sudbury, Ontario.
Highlights
- Results from the Trench 1 North Bulk Sample Site consisting of 28 grade-control drill holes had a weighted average grade and thickness of 4.00 gpt gold and 1.50 metres (Figure 1). The company intends to extract 10,000 tonnes at this location.
- Notable drill intercepts from the Trench 1 North Bulk Sample Site include:
12.61 gpt gold over 1.68 metres
13.88 gpt gold over 1.20 metres
10.54 gpt gold over 1.55 metres
11.53 gpt gold over 1.20 metres
9.38 gpt gold over 1.63 metres
6.53 gpt gold over 1.50 metres
5.75 gpt gold over 1.66 metres
- A total of 14,909 tonnes from two bulk samples have now been delivered to McEwen’s Stock Mill.
- Extraction and delivery of the 007 North bulk sample with a drilled weighted average grade and thickness of 3.84 gpt gold and 1.82 metres (see news June 4, 2025) to McEwen’s Stock Mill is complete for a total of 4,816 tonnes and processing is anticipated on or around October 13th.
- Extraction and delivery of the Trench 1 Bulk Sample with a drilled weighted average grade and thickness of 4.10 gpt gold and 1.78 metres (see news July 7, 2025) to McEwen’s Stock Mill is complete for a total of 10,093 tonnes and processing is anticipated in November.
Table 1. Summary of bulk sampling activities to date at the Pardo Gold Project.
|
Bulk Sample Area |
Planned Bulk Samples Tonnes |
Weighted Average Grade Control Drilling |
Status |
|
| Grade (g/t Au) | Thickness (m) |
|||
| 007 North | 5,000 | 3.84 | 1.82 | 4,816 tonnes delivered to mill. Results in October. |
| Trench 1 | 10,000 | 4.10 | 1.78 | 10,093 tonnes delivered to mill. Results in December. |
| Trench 1 North | 10,000 | 4.00 | 1.50 | Grade-control drilling complete. Extraction October-November. |
Drilling Update
Grade-control drilling at the Trench 1 North Site consisted of 52 shallow holes targeting the flat-lying gold mineralization to define a pit for bulk sampling. Holes were drilled on 7.5-metre centres to identify a zone of approximately 10,000 tonnes for the Company’s third planned bulk sample. Assay results from 28 holes within an identified pit area had a weighted average grade and thickness of 4.00 gpt gold and 1.50 metres (see Figure 1, 2 and Table 2).
Bulk Sample Program Update
The 007 North Bulk Sample was delivered to McEwen’s Stock Mill on August 6th, for a total of 4,816 tonnes. The mill has now received all necessary permits to process bulk samples, and processing of the 007 North bulk sample is expected on or around October 13th. Grade-control drilling from this site returned a weighted average grade and thickness of 3.84 gpt gold and 1.82 metres (see news June 4, 2025).
The Trench 1 Bulk Sample is now complete and was delivered to McEwen’s Stock Mill on September 15th, for a total of 10,093 tonnes and processing is anticipated in November. Grade- control drilling from this site returned a weighted average grade and thickness of 4.10 gpt gold and 1.78 metres (see news July 7, 2025).
Additional updates and results of the Company’s Bulk Sample Program will be provided as they become available.
Wesley Whymark, President and Head of Exploration comments: “The Trench 1 North results are another strong validation of the high-grade, near-surface gold system at Pardo demonstrating the consistency of grade from each bulk sample site. We are positioned for an exciting period ahead as the gold price continues to climb and processing is set to begin on our 14,909 tonnes of bulk sample material currently at the mill. While we remain patient for milling to commence, these upcoming results will be instrumental in demonstrating the grade and economics of surface mining at Pardo and the project’s potential to evolve into a low-cost scalable mining operation in Ontario’s Sudbury district.”
For further information visit www.inventusmining.com, or contact:
Mr. Wesley Whymark
President and Head of Exploration
Inventus Mining Corp.
E-mail: wesley@inventusmining.com
Phone: 705-822-3005
Social Media Accounts
Figure 1. Plan map illustrating the gold grade (gpt Au) and thickness (metre) at the Trench 1 North Bulk Sample Site with aerial drone photo background.
Figure 2. Plan map illustrating the gold grade (gpt Au) of the approximately 2-metre-thick gold-bearing reef at the Pardo project with Lidar background. Locations of the planned and previous bulk sampling sites outlined with black boxes.
Table 2. Trench 1 North Grade-Control Drilling Assay Highlights within identified 10,000-tonne bulk sample pit.
| Drill Hole |
From (metres) |
To (metres) |
Interval1 (metres) |
Gold Grade (gpt) |
| TR1-25-37 | 5.50 | 7.00 | 1.50 | 6.53 |
| Including | 6.00 | 6.50 | 0.50 | 19.07 |
| TR1-25-38 | 3.60 | 5.20 | 1.60 | 0.88 |
| TR1-25-39 | 2.84 | 4.50 | 1.66 | 5.75 |
| Including | 3.18 | 3.66 | 0.48 | 13.26 |
| TR1-25-40 | 3.14 | 4.44 | 1.30 | 4.89 |
| Including | 3.14 | 3.50 | 0.36 | 11.78 |
| TR1-25-41 | 1.66 | 3.21 | 1.55 | 10.54 |
| Including | 2.16 | 2.70 | 0.54 | 29.37 |
| TR1-25-42 | 1.34 | 3.08 | 1.74 | 3.00 |
| Including | 2.16 | 2.62 | 0.46 | 8.29 |
| TR1-25-43 | 1.20 | 2.65 | 1.45 | 1.80 |
| Including | 1.70 | 2.15 | 0.45 | 3.37 |
| TR1-25-44 | 2.48 | 4.00 | 1.52 | 1.73 |
| Including | 2.48 | 2.98 | 0.50 | 3.27 |
| TR1-25-45 | 2.40 | 4.30 | 1.90 | 1.31 |
| Including | 3.28 | 3.80 | 0.52 | 3.73 |
| TR1-25-46 | 2.46 | 4.14 | 1.68 | 12.61 |
| Including | 2.96 | 3.42 | 0.46 | 45.11 |
| TR1-25-47 | 3.98 | 5.22 | 1.24 | 1.08 |
| TR1-25-51 | 4.46 | 5.86 | 1.40 | 2.52 |
| Including | 4.96 | 5.46 | 0.50 | 6.75 |
| TR1-25-52 | 2.67 | 3.95 | 1.28 | 2.00 |
| Including | 3.10 | 3.49 | 0.39 | 4.87 |
| TR1-25-53 | 1.25 | 2.75 | 1.50 | 5.01 |
| Including | 1.25 | 1.75 | 0.50 | 11.34 |
| TR1-25-54 | 1.00 | 2.52 | 1.52 | 0.56 |
| TR1-25-55 | 0.65 | 1.82 | 1.17 | 0.83 |
| TR1-25-58 | 0.60 | 1.82 | 1.22 | 5.25 |
| Including | 0.60 | 1.04 | 0.44 | 11.43 |
| TR1-25-66 | 0.90 | 2.00 | 1.10 | 2.02 |
| TR1-25-68 | 0.87 | 2.50 | 1.63 | 9.38 |
| Including | 0.87 | 1.20 | 0.33 | 44.94 |
| TR1-25-69 | 1.70 | 3.27 | 1.57 | 3.29 |
| Including | 2.31 | 2.87 | 0.56 | 8.79 |
| TR1-25-73 | 0.30 | 1.50 | 1.20 | 13.88 |
| Including | 0.60 | 1.08 | 0.48 | 33.54 |
| TR1-25-116 | 2.09 | 3.46 | 1.37 | 4.54 |
| Including | 2.09 | 2.48 | 0.39 | 7.63 |
| TR1-25-117 | 1.60 | 2.80 | 1.20 | 11.53 |
| Including | 2.05 | 2.35 | 0.30 | 44.52 |
| TR1-25-119 | 2.00 | 3.64 | 1.64 | 0.54 |
| TR1-25-120 | 2.42 | 4.21 | 1.79 | 0.70 |
| TR1-25-121 | 1.75 | 3.50 | 1.75 | 0.71 |
| TR1-25-123 | 1.41 | 3.17 | 1.76 | 1.15 |
| TR1-25-124 | 1.27 | 3.04 | 1.77 | 1.38 |
| Including | 2.55 | 3.04 | 0.49 | 4.21 |
| Weighted Average | 1.50 metres | 4.00 gpt gold | ||
1Interval width is approximate true thickness. Mineralization has a flat to 5-degree dip and all holes were drilled vertically with an inclination of -90 degrees.
Table 3. Details of grade-control drill hole locations reported in this press release.
| Drill Hole |
Inclination (Degrees) |
Length (metres) |
Easting (UTM) |
Northing (UTM) |
| TR1-25-36 | -90 | 9.50 | 556362 | 5183382 |
| TR1-25-37 | -90 | 8.22 | 556369 | 5183384 |
| TR1-25-38 | -90 | 6.50 | 556377 | 5183382 |
| TR1-25-39 | -90 | 6.65 | 556384 | 5183383 |
| TR1-25-40 | -90 | 6.50 | 556391 | 5183382 |
| TR1-25-41 | -90 | 6.50 | 556399 | 5183382 |
| TR1-25-42 | -90 | 5.36 | 556406 | 5183382 |
| TR1-25-43 | -90 | 6.50 | 556406 | 5183389 |
| TR1-25-44 | -90 | 6.75 | 556399 | 5183389 |
| TR1-25-45 | -90 | 6.50 | 556391 | 5183389 |
| TR1-25-46 | -90 | 6.65 | 556384 | 5183389 |
| TR1-25-47 | -90 | 6.95 | 556377 | 5183389 |
| TR1-25-48 | -90 | 8.30 | 556368 | 5183392 |
| TR1-25-49 | -90 | 9.50 | 556362 | 5183389 |
| TR1-25-50 | -90 | 9.50 | 556362 | 5183396 |
| TR1-25-51 | -90 | 7.82 | 556377 | 5183397 |
| TR1-25-52 | -90 | 6.60 | 556384 | 5183397 |
| TR1-25-53 | -90 | 5.00 | 556391 | 5183397 |
| TR1-25-54 | -90 | 5.00 | 556399 | 5183397 |
| TR1-25-55 | -90 | 6.50 | 556406 | 5183397 |
| TR1-25-56 | -90 | 6.50 | 556406 | 5183404 |
| TR1-25-57 | -90 | 6.50 | 556399 | 5183404 |
| TR1-25-58 | -90 | 5.00 | 556391 | 5183405 |
| TR1-25-59 | -90 | 6.80 | 556384 | 5183405 |
| TR1-25-60 | -90 | 8.00 | 556376 | 5183405 |
| TR1-25-61 | -90 | 11.00 | 556361 | 5183405 |
| TR1-25-62 | -90 | 11.25 | 556361 | 5183412 |
| TR1-25-63 | -90 | 9.65 | 556369 | 5183410 |
| TR1-25-64 | -90 | 8.00 | 556376 | 5183412 |
| TR1-25-65 | -90 | 6.75 | 556384 | 5183412 |
| TR1-25-66 | -90 | 6.50 | 556391 | 5183412 |
| TR1-25-67 | -90 | 5.00 | 556399 | 5183412 |
| TR1-25-68 | -90 | 5.00 | 556391 | 5183419 |
| TR1-25-69 | -90 | 6.75 | 556384 | 5183419 |
| TR1-25-70 | -90 | 8.00 | 556376 | 5183419 |
| TR1-25-71 | -90 | 9.60 | 556369 | 5183418 |
| TR1-25-72 | -90 | 11.00 | 556361 | 5183420 |
| TR1-25-73 | -90 | 3.50 | 556391 | 5183427 |
| TR1-25-74 | -90 | 6.50 | 556384 | 5183427 |
| TR1-25-75 | -90 | 9.70 | 556376 | 5183427 |
| TR1-25-76 | -90 | 11.00 | 556368 | 5183427 |
| TR1-25-77 | -90 | 11.00 | 556360 | 5183427 |
| TR1-25-116 | -90 | 7.00 | 556399 | 5183375 |
| TR1-25-117 | -90 | 6.00 | 556406 | 5183374 |
| TR1-25-118 | -90 | 7.00 | 556413 | 5183372 |
| TR1-25-119 | -90 | 6.50 | 556413 | 5183381 |
| TR1-25-120 | -90 | 6.50 | 556413 | 5183389 |
| TR1-25-121 | -90 | 7.00 | 556413 | 5183397 |
| TR1-25-122 | -90 | 6.50 | 556421 | 5183398 |
| TR1-25-123 | -90 | 6.50 | 556421 | 5183389 |
| TR1-25-124 | -90 | 6.50 | 556421 | 5183382 |
| TR1-25-125 | -90 | 6.50 | 556421 | 5183372 |
About Inventus Mining Corp.
Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario. We have a 100% interest in our principal assets the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury. The Pardo Gold Project is the first important paleoplacer gold discovery in North America. Inventus has approximately 205 million common shares outstanding.
Qualified Person
The Qualified Person responsible for the technical content of this news release is Inventus’ President and Head of Exploration, Wesley Whymark, P.Geo., who has reviewed and approved the technical disclosure in this news release on behalf of the Company.
Technical Information
Drill core samples collected by Inventus and described in this news release were subject to a variety of QA/QC protocols. PQ Size drill core was placed in core boxes by the contracted drill crew and then transported by Inventus personnel to a secure processing facility in Sudbury, Ontario. The core was then reviewed with core metreage blocks checked to verify core integrity, recovery and geologically logged with samples marked. Whole core samples were then photographed and inserted into a clean plastic bag with a sample tag. Certified reference materials were inserted into the sample stream at a rate of no less than 10%. Samples were then transported in secure sealed bags with security tags for preparation and assay by MSA Labs in Val d’Or, Quebec. All samples reported were crushed in their entirety to 80% passing 2 mm. A subsample comprising 2 kg was riffle split and pulverized to 85% passing 75 microns (-200 mesh). The 2kg pulverized subsample is then riffle split into one 300- to 500-g jar for gold analysis by PhotonAssay. MSA Labs is an ISO 17025:2017 accredited geochemical testing laboratory.
Forward-Looking Statements
This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “if”, “yet”, “potential”, “undetermined”, “objective”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to the failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/ad6779b0-af47-4248-91e3-fdf18b5d6eab
https://www.globenewswire.com/NewsRoom/AttachmentNg/3361b090-d177-4826-9456-070ca8480cec
Figure 1. Plan map illustrating the gold grade (gpt Au) and thickness (metre) at the Trench 1 North Bulk Sample Site with aerial drone photo background.
Plan map illustrating the gold grade (gpt Au) and thickness (metre) at the Trench 1 North Bulk Sample Site with aerial drone photo background.
Figure 2. Plan map illustrating the gold grade (gpt Au) of the approximately 2-metre-thick gold-bearing reef at the Pardo project with Lidar background. Locations of the planned and previous bulk sampling sites outlined with black boxes.
Plan map illustrating the gold grade (gpt Au) of the approximately 2-metre-thick gold-bearing reef at the Pardo project with Lidar background. Locations of the planned and previous bulk sampling sites outlined with black boxes.
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