Inventus Mining begins Pardo bulk sample milling

Executive Summary

• Inventus Mining Corp. has commenced processing of the 4,816-tonne 007 North bulk sample from its Pardo gold project at McEwen Inc.'s Stock mill, with completion expected by November 7, 2025.
• The bulk sample, derived from 28 drill holes, returned a weighted average grade of 3.84 grams per tonne gold and a thickness of 1.82 metres.
• The company’s Phase 2 drilling program continues with 46 holes completed for 1,080 metres to date, aimed at expanding and testing gold mineralization continuity to support a future resource estimate.

Key Details

• Bulk Sample Processing:
  • Location: McEwen Inc.'s Stock mill.
  • Sample Source: 007 North bulk sample from the Pardo gold project.
  • Tonnes: 4,816 tonnes.
  • Grade/Thickness: Weighted average of 3.84 g/t gold and 1.82 metres thickness from 28 drill holes.
  • Timeline: Milling commenced November 3, 2025; anticipated completion November 7, 2025.
  • Purpose: To delineate grade, recovery, and potential feasibility of surface mining.
  • Future Plans: This sample is part of a remaining 45,000-tonne advanced exploration permit for additional bulk samples.
• Drilling Program Update:
  • Phase: Phase 2.
  • Holes Completed: 46 holes.
  • Total Metres: 1,080 metres.
  • Objective: Expand and test continuity of gold mineralization to support a future resource estimate.
  • Status: Results are pending and will be announced as received.
• Project Context:
  • Asset: Pardo Paleoplacer gold project (100% owned).
  • Location: 65 km northeast of Sudbury, Ontario.
  • Significance: Described as the first important paleoplacer gold discovery in North America.

Notable Quotes

• Wesley Whymark, President and Head of Exploration: "With bulk sample processing now underway, we're entering an exciting stage that will demonstrate the economic potential of Pardo's unique shallow and flat-lying paleoplacer gold system. Combined with our ongoing drilling program, we are continuing to derisk the project while laying the groundwork for understanding the grade, scale and continuity of gold mineralization across the property."