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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

Post by shnepson Nov 27, 2021 7:26am
264 Views
Post# 34171824

MD&A Tidbit

MD&A Tidbit
Here's an interesting tidbit tucked into the MD&A that was just released -

"In November, an additional 36 single cell mining claims (approximately 8 km2) adjoining the Sudbury 2.0 project were
acquired from an arms-length prospector in exchange for a 1% NSR and $20,000 in cash. These claims contain
multiple historic mine workings (est. 1890s) with substantial evidence of underground excavation. One of the historic
mine workings, now named the Dorland Shafts, was discovered in 2021 and is of particular interest with no prior record
of existence. A sample from this location in a muck pile returned an assay of 1.2% cobalt, 0.06% nickel, and 0.1 g/t
gold (or 12.1 g/t gold equivalent)
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