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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSXV:IVS - Post Discussion

Inventus Mining Corp > Gold Prices
View:
Post by Jollygood on Apr 19, 2024 5:18pm

Gold Prices

Would the latest bulk sample have turned a profit if todays gold prices were at play when they did the last bulk sample ?
Comment by Franschoek on May 21, 2024 10:20pm
If you're mining 3 grams/ton on surface with an AirTrac drill and you lose money, it's not the price of gold that's the problem.
Comment by shneps on Jun 12, 2024 7:07am
The last bulk sample was completed via drill and blasting the ore body. The main purpose of the bulk sample is merely to prove up the resource estimate. Due to pardo being a paleoplacer deposit the drill core assays can be erratic due to the nature of these deposits. Think about a prospector in their search for gold in a river scenario. The gold fines and nuggets accumulate around the downstream ...more  
Inventus Mining Corp