Inventus Discovers High-Grade Gold in the Matinenda Layer: 10.5 G/T Gold Over 0.5 Metres, Expanding Resource Growth Potential at Pardo

Inventus Mining Corp. (IVS) has released assay results from Phase 2 drilling at its Pardo paleoplacer gold project, highlighting the Matinenda Layer (MaC) with higher-grade intervals. Key Matinenda intercepts include hole PD-26-297: 1.09 g/t Au over 10.82 m, including 2.82 g/t over 2.43 m, 4.27 g/t over 1.43 m, and 10.51 g/t over 0.50 m; hole PD-26-299: 0.98 g/t over 9.05 m, including 1.78 g/t over 4.32 m and 7.06 g/t over 0.50 m; and hole PD-26-284: 0.81 g/t over 11.62 m including 1.20 g/t over 5.28 m.

Main Layer (MiBC) intercepts were also reported, typified by widths of 5‑13 m at 0.4‑1.5 g/t Au, with narrow higher-grade pods (e.g., PD-26-288: 1.53 g/t over 1.40 m including 4.59 g/t over 0.40 m). A second drill rig has been mobilized; 57 additional holes are completed with assays pending, and 120 more holes are planned before the maiden resource cut-off.

Regarding bulk sampling, 2,512 tonnes processed to date yielded 172 oz Au and $1.17M in sales, exceeding costs by 102%. Another 10,000-tonne sample is extracted and pending processing.

Inventus Mining Corp. (IVS) reported that the recent Matinenda drill results are incremental within a multi-layer paleoplacer system already known to contain a second, lower-grade horizon. The drill hits do not transform the deposit’s tonnage or grade in a way that would materially alter a future resource estimate.

Market expectations were already anchored by the Main Layer’s strong bulk-sample economics, which showed a 96% return on cost and greater than 90% recovery, alongside the planned maiden resource. Today’s news provides encouragement for resource growth but does not de-risk or upscale the project on its own.

The stock price has drifted from $0.30 to $0.26 over the past month. The market had likely priced in some positive drill flow, but the reaction to this specific release is unlikely to move the needle materially. The chart reveals a slow bleed from the $0.37 peak in January 2026, indicating the market is waiting for the maiden resource, not chasing exploration hits.

For a junior explorer with a $55M market cap, a genuine tier-two discovery, such as a continuous zone of greater than 2 g/t over greater than 20 m true width, would be material; today’s narrow, low-grade intervals are routine.

Inventus Mining Corp. owns 100% of the Pardo paleoplacer gold project, spanning 139 km², and the Sudbury 2.0 critical mineral project in Ontario. Pardo is a near-surface, flat-lying conglomerate-hosted gold system with an exploration target of 16.8 Mt at 2.5-3.5 g/t Au. Metallurgical tests show greater than 90% recovery by conventional CIL.

The company has executed two bulk-sample campaigns, 007 North and Trench 1, that generated positive cash margins. The most recent 2,512-tonne run returned $1.17M in sales and exceeded direct costs by 102%.

As of Q1-2026, Inventus Mining Corp. held $2.27M in cash and $0.90M in working capital, with no long-term debt. The company raised $2.5M in flow-through financing in April 2026. The production strategy hinges on a near-term mine-and-haul model using McEwen Inc.’s Stock Mill, with heap-leach and ore-sorting as longer-term optimization options.