Northwire Canada EditionWednesday, November 11, 2026
Sign inSubscribe
Northwire
⌕
Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Production / Operations

Inventus Reports $1.16 Million in Gold Sales and 102% Return on Bulk Sample Cost at Pardo

Advancing the Pardo "River of Gold" through self-funded bulk sampling and strategic partnerships.

By The Northwire Desk — AI Analysis Mar 18, 2026 · 07:00 IVS · 0.24 Inventus Mining Corp.
Executive Summary

The most recent news (March 18, 2026) reports the final results from the Trench 1 bulk sample at the Pardo Project. Inventus recovered 172 ounces of gold from 2,512 dry tonnes. Crucially, the company generated $1,166,596 in gold sales against direct costs of $578,626. This represents a 102% return over cost. The reconciled head grade was 2.51 g/t gold with an 85% metallurgical recovery. Operationally, 17,500 tonnes remain stockpiled for processing, and an additional 20,000 tonnes are permitted for extraction.

Material Impact

The impact is Material - Positive. This news confirms that the Pardo "paleoplacer" model is not just a geological curiosity but an economically viable mining target at current gold prices. - Economic Validation: Achieving a 102% return on bulk sample costs is a significant de-risking milestone. It proves the company can generate non-dilutive cash flow to fund further exploration. - Operational Continuity: With 17,500 tonnes already stockpiled and 20,000 more permitted, the company has a clear runway for continued cash generation throughout 2026. - Grade Reconciliation: While the 2.51 g/t head grade is slightly lower than some previous high-grade drill intercepts, it remains robust enough to yield high margins given the shallow, surface-mining nature of the deposit. - Strategic Confidence: This follows a leadership transition (Wesley Whymark becoming CEO) and reinforces the strategy of using bulk samples as "mini-production" phases to fund the path toward a maiden resource estimate.

IVS · Price
Company Overview

Inventus Mining Corp. focuses on the Pardo Gold Project (100% owned), located 65 km northeast of Sudbury, Ontario. Pardo is a unique "paleoplacer" deposit, where gold is hosted in flat-lying conglomerate reefs near the surface. This allows for low-cost, open-pit "quarry-style" mining. The company also holds the Sudbury 2.0 project, targeting large-scale magmatic gold-copper-nickel deposits.

Read the original news release →

More from Inventus Mining Corp.

Nov 09, 2026 · 10:47

Inventus exercises warrants to fund Pardo maiden resource as McEwen Mining stakes rise to 13%.

Financings Nov 05, 2026 · 18:52

Inventus exercises strategic warrants to boost working capital ahead of its maiden resource estimate.

Other Oct 28, 2026 · 07:00

Inventus reports final Pardo assays in line with expectations, positioning the maiden mineral resource estimate as the primary catalyst for the project.

Drill Results Oct 20, 2026 · 07:00

Inventus expands the Pardo footprint with Phase 3 drilling ahead of a November maiden resource estimate.

Drill Results Sep 23, 2026 · 07:00

Inventus reports Pardo infill drilling hitting target grades within a broader 0.3 g/t rock bulk-tonnage model.

Drill Results Aug 28, 2026 · 12:00

Inventus acquires the Golden Rose Mine, expanding its Pardo District footprint with significant gold grades and resource potential.

M&A / Property