Inventus appoints Whymark as CEO

Executive Summary

• Inventus Mining Corp. announced a planned leadership transition, appointing Wesley Whymark as the new Chief Executive Officer, while outgoing CEO Stefan Spears remains on the board as a director.
• The company provided an operational update on its Pardo project, noting that approximately 2,500 tonnes of a planned 5,000-tonne bulk sampling run at McEwen Inc.'s stock mill has been completed, with results pending.
• Extraction of an additional 10,000-tonne bulk sample from Trench 1 North is proceeding on schedule, contributing to the company's 50,000-tonne bulk sample permit, with the remaining 20,000 tonnes planned for 2026.

Key Details

• Leadership Change: Wesley Whymark appointed as CEO; Stefan Spears steps down as CEO but remains a director. Operational strategy remains unchanged.
• Bulk Sampling (McEwen Mill): ~2,500 tonnes of the 5,000-tonne processing run completed. Results are pending. Processing was temporarily impacted by extreme cold weather. A schedule for the remaining material will be provided soon.
• Bulk Sampling (Trench 1 North): Extraction of 10,000 tonnes is progressing on time and within budget. This is part of a 50,000-tonne permit (30,000 tonnes total target). The remaining 20,000 tonnes are planned for extraction and processing in 2026.
• Drilling Update: 63 holes completed in Phase 2 of the drilling program. Assays are pending and will be released when available. The program aims to define and expand shallow, flat-lying gold mineralization to support an initial mineral resource estimate.
• Company Profile: Inventus Mining Corp. is focused on the Pardo Paleoplacer gold project and the Sudbury 2.0 critical mineral project in Ontario, holding a 100% interest in these assets. Approximately 207.9 million common shares are outstanding.

Notable Quotes

• "I would like to sincerely thank Stefan for his leadership and continued commitment to Inventus. Building on our strong momentum at Pardo, I am committed to executing our strategy and delivering long-term value for shareholders." — Wesley Whymark, Chief Executive Officer