Northwire Canada EditionFriday, November 13, 2026
Northwire
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Financings

Inventus Secures $2.1 Million Gold Pre-Payment and Provides Exploration Update

Inventus Secures Non-Dilutive Lifeline via McEwen Pre-payment as Pardo Bulk Sampling Validates Economics

Executive Summary

The most recent news release (January 8, 2026) confirms that Inventus Mining has received a CAD$2.1 million gold pre-payment from McEwen Inc. This payment is specifically for estimated recoverable gold from the 10,128-tonne Trench 1 bulk sample currently at the mill. Processing of this sample is slated to begin before the end of January 2026. Additionally, the company is extracting another 10,000-tonne sample at Trench 1 North and has resumed Phase 2 resource drilling, with results from 94 holes expected in the near term.

Material Impact

The $2.1 million pre-payment is highly material for several reasons: - Liquidity Bridge: As of the September 30, 2025 financial statements, the company had a negative working capital position and cash of only $802,874 against $901,354 in current liabilities. This non-dilutive cash injection is essential for survival and continued operations without immediate recourse to the equity markets. - Counterparty Validation: The willingness of McEwen Inc. (a major industry player) to provide pre-payments confirms their confidence in the recoverable gold content of the Pardo project. - Operational Momentum: The funds allow the company to advance Phase 2 drilling (94 holes) and the next 10,000-tonne extraction simultaneously. - Grade Reconciliation Risk: While positive, it should be noted that the first bulk sample (007 North) reconciled at 3.04 g/t gold (Dec 1, 2025 news), which was a downward revision from the 3.84 g/t estimated during grade control drilling (June 4, 2025 news). The Trench 1 sample is estimated at 4.10 g/t; investors should watch if this also reconciles lower.

IVS · Price
Company Overview

Inventus Mining is focused on the Pardo Gold Project, located 65 km northeast of Sudbury, Ontario. The project is unique as a shallow, flat-lying paleoplacer gold system (conglomerate-hosted), similar to the Witwatersrand in South Africa. The company owns 100% of the project and is currently in the "advanced exploration" phase, utilizing large-scale bulk sampling to overcome the "nugget effect" inherent in this type of mineralization.

Read the original news release →

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