Drill Results
Inventus Expands Shallow Gold Mineralization and Advances Bulk Sampling at The Pardo River of Gold Project
Inventus Mining Corp.

Executive Summary
- Inventus Mining Corp. released Phase 2 drilling results from its Pardo "River of Gold" Project confirming mineralization in both Main and Matinenda Layers.
- Key intercepts include 14.10 g/t Au over 1.59 m in the Main Layer and wider intervals in the Matinenda Layer (e.g., 0.39 g/t Au over 10.50 m).
- Bulk sampling operations are ongoing with processing of remaining 7,500 tonnes from Trench 1 underway; results expected in June.
- A second drill rig is planned for mid-June to accelerate the 7,000-metre program toward a maiden resource estimate targeted for Q4 2026.
- The company continues to evaluate an Upper Conglomerate Layer as an additional shallow target.
Material Impact
- Execution Validation: The news confirms that capital raised in the April 2026 financing ($2.5M) is being deployed effectively to advance exploration and bulk sampling, aligning with management's stated strategy.
- Cash Flow Continuity: Following the March 2026 announcement of $1.17 million in gold sales (102% return over cost), this update reinforces the viability of non-dilutive cash generation through bulk sampling before a maiden resource is defined.
- Resource Timeline: The confirmation of multiple layers and acceleration of drilling supports the Q4 2026 maiden resource estimate target, reducing timeline uncertainty for investors.
- Market Expectation: Given the consistent high-grade results throughout late 2025 and early 2026 (e.g., March bulk sample success), this news is largely in line with previous expectations rather than introducing a new surprise catalyst.
- Dilution Context: The recent April financing closed at $0.285 per share, while the current price sits at $0.25. This news provides fundamental support for the valuation but does not immediately offset the dilutive impact of the recent offering or future warrants.
IVS · Price
Company Overview
- Company Name: Inventus Mining Corp. (TSX-V: IVS)
- Flagship Project: Pardo "River of Gold" Project located 65 km northeast of Sudbury, Ontario.
- Project Type: Paleoplacer gold system with shallow, flat-lying mineralization suitable for surface mining.
- Development Stage: Exploration and Bulk Sampling; targeting maiden resource estimate in Q4 2026.
- Strategy: Combine bulk sampling to generate non-dilutive cash flow while concurrently drilling to define resources.
- Management: Wesley Whymark serves as CEO and President, appointed in February 2026 following a leadership transition.
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Jul 06, 2026 · 07:00