Northwire Canada EditionFriday, August 14, 2026
Northwire
NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0% NPK 0.870 +1.2% GRZ 6.26 −1.4% AVL 5.23 +3.0% TSLV 0.085 −5.6% MPVD 0.015 +0.0% DNG 6.61 +0.0% GLO 0.610 −4.7% CTGO 27.39 +0.5% SKE 45.73 −1.1% MTA 12.63 −0.7% VMET 14.15 +1.8% IMM 0.065 +0.0% LMCU 9.60 −1.9% EFF 0.025 −16.7% AYA 37.44 −4.2% MDM 0.060 +0.0%
Drill Results

Inventus drills 6.47 m of 2.16 g/t Au at Pardo

IVS · Price

Executive Summary

  • Inventus Mining Corp. announced a record‑thick gold-bearing conglomerate reef intersected in hole PD‑25‑87 of its Phase 2 drilling program at the Pardo Gold Project.
  • The intercept measured 6.47 m @ 2.16 g/t Au, including 2.65 m @ 3.87 g/t Au and a high‑grade core of 0.85 m @ 9.41 g/t Au – the thickest zone to date at Pardo.
  • The discovery defines a new northwest‑trending gold channel that remains open for further drilling, supporting the company’s plan to expand the resource and advance near‑surface, low‑cost mining potential.

Key Details

  • Hole PD-25‑87: Started at 32 m depth; intersected 6.47 m @ 2.16 g/t Au (including 2.65 m @ 3.87 g/t Au and 0.85 m @ 9.41 g/t Au).
  • Thickness: Record thickness for Pardo, more than three times the typical ~2 m average reef thickness.
  • Location: Approximately 400 m south of a historic grab sample that assayed 86.5 g/t Au, indicating broader mineralization potential to the north.
  • Step‑out: The intercept represents a 35‑m step‑out to the northwest, confirming extension of gold mineralization beyond the existing drill footprint.
  • Exploration Context: Phase 2 drilling continues to expand the known gold zone; results complement an ongoing 45,000‑tonne bulk sampling program that has already returned grades above expectations.
  • Future Plans: The new channel is open for follow‑up drilling aimed at resource growth and validation of near‑term mining potential.

Notable Quotes

“Intersecting the thickest gold‑bearing reef we’ve ever seen in drill hole PD‑25‑87 is not only a strong validation of our geological model, but also a clear demonstration that these reefs can develop exceptional thickness with high‑grade zones over a continuous mineralized horizon.” – Wesley Whymark, President & Head of Exploration.

Read the original news release →

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