Inventus Mining Corp V.IVS

Alternate Symbol(s): GNGXF

Metals & Mining Gold

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.

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Inventus Mining Corp > Canaccord buyin' their ask off ... LOL

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Comment by placerchaseron Jan 19, 2021 1:58pm

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Post# 32327719

RE:RE:RE:RE:RE:RE:Canaccord buyin' their ask off ... LOL

2% Cobalt is considered a stand alone high-grade that is likely economic. It is worth about $750 USD per tonne and equivlent to 12 g/t gold. The vast majority of Cobalt mined is a byproduct of other precious or base metals. Having 0.02% cobalt (assuming 100% recovery) is worth $8 USD per tonne or like adding 0.15 g/t gold. They had Cobalt up to 0.11 % so thats worth 41 USD per tonne or equivelent to 0.7 g/t gold... Something to think about... Cobalt and copper are excellent by-products.

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