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

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.

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.

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.