Original News Release
Inventus Mining begins Pardo bulk sample milling
Mr. Wesley Whymark reports
INVENTUS ANNOUNCES BULK SAMPLE PROCESSING UNDERWAY AND PROVIDES DRILL PROGRAM UPDATE
Processing of the 007 North bulk sample from Inventus Mining Corp.'s wholly owned Pardo gold project, located 65 kilometres northeast of Sudbury, Ont., is continuing at McEwen Inc.'s Stock mill.
Highlights
Milling is currently under way for the fully permitted 4,816-tonne 007 North bulk sample that returned a weighted average grade and thickness of 3.84 grams per tonne gold and 1.82 metres from 28 drill holes (see news June 4, 2025);
46 phase 2 drill holes completed to date for 1,080 metres of drilling with results pending.
Milling of the 4,816-tonne bulk sample from 007 North commenced on Nov. 3 and is anticipated to be completed by Nov. 7, 2025. The 007 North material represents one of several bulk samples planned under the company's remaining 45,000-tonne advanced exploration permit to further delineate the grade, recovery and potential feasibility of surface mining at Pardo. The results of the milling will be released as soon as they are available.
In addition, the company is pleased to report that its phase 2 drilling program at Pardo continues in accordance with expectations. To date, 46 holes have been completed, totalling 1,080 metres. The program aims to expand and test continuity of the gold mineralization to support a future resource estimate on the property. Pending assay results will be announced as they are received.
Wesley Whymark, president and head of exploration, comments: "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."
About Inventus Mining Corp.
Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ont. The company has a 100-per-cent interest in its principal assets the Pardo Paleoplacer gold project and the Sudbury 2.0 critical mineral project located northeast of Sudbury. The Pardo gold project is the first important paleoplacer gold discovery in North America. Inventus has approximately 205 million common shares outstanding.
Qualified person
The qualified person responsible for the technical content of this news release is Inventus's president and head of exploration, Wesley Whymark, PGeo, who has reviewed and approved the technical disclosure in this news release on behalf of the company.
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