Northwire Canada EditionFriday, August 28, 2026
Northwire
GOLD 4517.50 −3.1% SILVER 67.54 −3.8% COPPER 6.57 −1.8% OIL 83.50 −0.0% PALLADIUM 1430.50 +5.5% SPX 0.115 +0.0% CQR 0.045 −10.0% IVS 0.330 +11.9% CNC 1.44 −2.7% PA 0.145 +0.0% KC 0.340 +0.0% MLP 2.85 −1.4% REVX 1.74 +1.8% FYL 0.115 +9.5% GG 2.88 −4.3% TNR 0.295 −1.7% PPP 0.940 −3.1% WGO 2.40 +0.0% RDU 0.155 +0.0% DAN 0.330 −2.9% ABA 0.095 +0.0% GOLD 4517.50 −3.1% SILVER 67.54 −3.8% COPPER 6.57 −1.8% OIL 83.50 −0.0% PALLADIUM 1430.50 +5.5% SPX 0.115 +0.0% CQR 0.045 −10.0% IVS 0.330 +11.9% CNC 1.44 −2.7% PA 0.145 +0.0% KC 0.340 +0.0% MLP 2.85 −1.4% REVX 1.74 +1.8% FYL 0.115 +9.5% GG 2.88 −4.3% TNR 0.295 −1.7% PPP 0.940 −3.1% WGO 2.40 +0.0% RDU 0.155 +0.0% DAN 0.330 −2.9% ABA 0.095 +0.0%
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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