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Inventus Mining Corp V.IVS

Alternate Symbol(s):  GNGXF

Inventus Mining Corp. is a Canada-based exploration company. The Company is focused on the development of its gold and critical metals projects located east of the world class mining district of Sudbury, Ontario. The Company holds two 100% owned projects, Pardo Gold and Sudbury 2.0 Polymetallic Gold. The Pardo Paleoplacer Gold Project is located in Ontario, Canada, approximately 65 kilometers (km) northeast of the mining district of Sudbury. The Pardo Project consists of a 3.8 square kilometers (km2) block of mineral leases and 180 km2 of mineral claims covering the target paleoplacer geology. The Sudbury 2.0 Project is located east-northeast of Sudbury, Ontario. The property is accessible by road. The Sudbury 2.0 project consists of 240 km2 of mineral claims covering the Temagami Anomaly. The Company owns a 100% interest in the property. In addition, the Company, through Conquest Resources, holds claims to the east of the Sudbury 2.0 Project Area.


TSXV:IVS - Post by User

Bullboard Posts
Comment by zenvestingon Oct 02, 2013 4:53pm
159 Views
Post# 21785801

RE:RE:RE:News from Novo Resources for comparisons .................

RE:RE:RE:News from Novo Resources for comparisons .................Crystalmethod, I am well aware of the differences of the sampling metods here and the potential to bias samples when collecting channel samples, as well as core samples.  

That being said, your overlook the two biggest differences and potential factors of sample bias:
1.)  Ginguro uses a gamma radiation meter to bias their sampling towards the well-known association of the Ag-U (Uraninite) deposits that are found in the Matinenda, Mississagi and Gowganda Formations on their claim.  I am not sure if Novo is prescreening drill locations with any field analytics.  

2.)  Secondly, these are sedimentry deposits, which are deposited horizontally in bedding planes, so obviously a channel sample can be taken along the horizon of pyrite rich bedding plane, where as a vertical borehole will just intersect it.

However, what Ginguro's results DO PROVE is that there a very rich deposit of gold in the bedding planes on their claim.....and basic principals of sedimentry geology dictate that similar sediments will be found throughout the same basin.

Sorry if you read too much into my simple statement, I am well aware of what I said, I've logged more more rock core than you've probaly ever seen, albiet for geo-environmental purposes.   
Bullboard Posts