Inventus Provides Operational Update as Trench 1 Bulk Sample Processing Underway and Drilling Continues at the Pardo "River of Gold" Project
Advancing the Pardo paleoplacer gold project through bulk sampling and resource definition in Ontario.
The news release dated January 27, 2026, provides a critical operational update for the Pardo "River of Gold" project. Key highlights include: - Processing of the 5,000-tonne Trench 1 bulk sample has officially commenced at McEwen Inc.’s Stock Mill. - Preparation for the Trench 1 North 10,000-tonne bulk sample is advanced, with waste rock removed and mineralization exposed for imminent extraction. - Phase 2 drilling continues with 7 additional holes completed since the last update (totaling 47 holes currently awaiting assay results). - The company remains on track and within budget for its bulk sampling strategy, which aims to validate grade continuity and support an initial NI 43-101 resource estimate.
This news is Material - Positive for several reasons: - Revenue Generation and Risk Mitigation: The commencement of processing for the 5,000-tonne sample follows the receipt of a CAD $2.1 million gold pre-payment from McEwen Inc. (reported Jan 8, 2026). This confirms that the project is generating significant non-dilutive capital. - Operational Continuity: By moving immediately from 007 North (427 oz recovered) to Trench 1 and now Trench 1 North, Inventus is demonstrating a repeatable, scalable model for extracting and processing near-surface mineralization. - Validation of Grade: Previous bulk samples (007 North) yielded a 96% return over cost with a reconciled head grade of 3.04 g/t. The current activities at Trench 1 (which previously showed 4.10 g/t in grade control drilling) suggest the potential for even higher margins. - Strategic Partnership: The ongoing use of McEwen’s Stock Mill and the financial backing (pre-payments) from McEwen Inc. significantly de-risks the processing and capital components of the project.
Inventus Mining Corp. focuses on the Pardo "River of Gold" project, located 65 km northeast of Sudbury, Ontario. Pardo is a unique paleoplacer deposit, similar in geology to the Witwatersrand in South Africa. The gold is hosted in flat-lying, near-surface conglomerate reefs. The company’s strategy is to use large-diameter drilling and bulk sampling to overcome the "nugget effect" inherent in these deposits, providing more accurate grade data while generating cash flow to fund the path toward a maiden resource estimate and full-scale production.