Northwire Canada EditionFriday, July 10, 2026
Northwire
GRSL 0.320 +6.7% DEX 0.385 −1.3% WMS 0.040 +0.0% EMPR 0.820 −4.7% SAGA 0.480 −2.0% ABX 52.22 +3.3% CGM 0.250 +2.0% OGN 3.38 +0.6% ALS 62.23 +2.5% JZR 0.235 −6.0% TECT 2.18 +6.9% EQX 13.81 +3.1% OLA 13.79 +3.2% LME 0.190 +0.0% MNO 1.65 +0.0% DML 4.49 +2.0% GRSL 0.320 +6.7% DEX 0.385 −1.3% WMS 0.040 +0.0% EMPR 0.820 −4.7% SAGA 0.480 −2.0% ABX 52.22 +3.3% CGM 0.250 +2.0% OGN 3.38 +0.6% ALS 62.23 +2.5% JZR 0.235 −6.0% TECT 2.18 +6.9% EQX 13.81 +3.1% OLA 13.79 +3.2% LME 0.190 +0.0% MNO 1.65 +0.0% DML 4.49 +2.0%
Drill Results Routine +

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.
Read the original news release →

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