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Inventus Mining Corp GNGXF


Primary Symbol: V.IVS

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 05, 2024 10:58am
159 Views
Post# 36297044

Maiden Resource Update

Maiden Resource UpdateHad a nice talk with Wes this morning.
Financing is closing very soon.
They also have received an additional $200,000 from the province for exploration.
Looking to perform about a 1,000M of drilling at an incredibly low cost of about $6-10/M.
Moving forward they want to complete drilling on the pattern spacing recommended by Snowden to a maximum depth of 15M. This will be Phase One that they are looking to complete before Christmas (drill rig tentatively on site next week), with core analysis via photon assay. There will be a lot of core to process and they are hoping to have completed through January/February. During this time Wes will be working on the maiden resource for Phase 1 of the project.
Good things moving forward.
Cheers
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