Inventus Reports 564 Ounces of Gold Recovered From the Trench 1 Bulk Sample at Pardo

Inventus Mining Corp. (IVS) has released final results from the second processing campaign of the Trench 1 bulk sample at its 100%-owned Pardo “River of Gold” Project. The two campaigns combined processed 9,842 dry tonnes, yielding 564 ounces of gold. Total gold sales reached $3,494,119 CAD, against direct bulk sample costs of $2,281,108 CAD, or approximately $232 per tonne and $4,042 per ounce of recovered gold. The operation generated approximately $1.21 million in net cash flow.

The reconciled head grade of 2.05 g/t gold and a metallurgical recovery of 87.1% were within 3.3% of the block-model estimate of 2.12 g/t, achieving approximately 97% of the predicted grade. The company has an additional ~10,000 tonnes stockpiled at Trench 1 North, with mining and crushing costs already incurred, and a further 20,000 tonnes permitted for extraction. A maiden mineral resource estimate is targeted for Q4 2026.

Inventus Mining Corp. (IVS) has completed its Trench 1 bulk sampling program, finalizing a campaign that began with partial results disclosed in March 2026. The final tally of 564 ounces and $1.21 million in net cash flow confirms the project’s ability to generate positive cash flow at current gold prices and validates the technical model, with grades falling within 3.3% of the block model.

The cost per ounce recovered rose to $4,042 from the $3,364 recorded in the first smaller campaign, a shift reflecting the larger tonnage processed and a lower average grade of 2.05 g/t compared to the initial 2.51 g/t estimate. This variance aligns with the block model’s prediction of 2.12 g/t. While the cash flow margin of 53% over cost is lower than the 102% seen on the initial small batch, it remains materially positive.

The company now has approximately 10,000 tonnes of material stockpiled and ready for processing, with mining and crushing costs already incurred. This inventory is expected to yield additional cash flow without requiring major new capital expenditures. The maiden resource estimate remains on track for release in Q4 2026.

Inventus Mining Corp. is a Canadian gold exploration and development company focused on its 100%-owned Pardo “River of Gold” Project, located 65 km northeast of Sudbury, Ontario. The Pardo project is characterized as North America’s first significant paleoplacer gold discovery, analogous to the Witwatersrand basin. Mineralization occurs in shallow, flat-lying conglomerate layers (Main, Matinenda, and Upper) amenable to low-cost surface extraction. Geological work has identified three stacked gold-bearing horizons over a large land package (139 km²). An exploration target of 16.8 million tonnes grading 2.5–3.5 g/t Au has been outlined, though no NI 43-101 mineral resource has yet been defined. The company is advancing through bulk sampling, resource drilling, and permitting toward a near-term, low-cost surface mining operation. It also holds the Sudbury 2.0 critical mineral project, but Pardo is the primary value driver.